Member Info for jonesrichard

Avg daily trading volume last 3 months = 33.9M
Avg daily trading volume last 10 days = 17.18M

Trading volume so far today (with 2 hours still left to go!) = 549,630,255

That tells you all you need to know on where the sp should be heading next week! (0.50-1p +)

https://www.proactiveinvestors.co.uk/companies/news/960627/oilex-shares-jump-as-it-gets-ready-to-restart-production-at-cambay-960627.html

Bearing in mind todays news has been 15 years in the making you would expect a substantial re rate over the coming days and weeks!

presumably today if not Monday on the back of this news? MC 15 mill with access to reserves worth over $6bn after all!

Or is that conservative?

What's the expected re rate short term expected? presumably in the 0.50-1p + region?

3p - £3.30, like you say some rise that! Best to get to 3p first though!

Even better then!

A rise similar to the aforementioned ARB rise would mean 4p to £1.50! Would be very nice but best to at least get to the 4p first before thinking of that sort of outcome! I agree that the ingredients are there for that type of rise though, all about the snowball effect which does actually seem to be beginning to come into effect here so never say never!

I like the sound of an ARB style assent here short term! Hope you're right!

Seems like the wider market finally waking up to the amazing potential here! Lovely to see! surely a new year high tomorrow if strong buying pressure continues on from today!

When is the next update due? Thanks

finally!

Very interesting, so the sp is minimum just over 100 % undervalued currently.

News expected tomorrow as the 8 weeks is up then I believe?

Of course they are, typical mm fun and games so they have stick to sell back later today in the 40,s

Funded until at least the end of 2022. Nice try anyway. Troll.

https://twitter.com/mathewthomas484/status/1438178186416754696

https://twitter.com/ScreenerStock/status/1438178166544216078/photo/1

Yes, Indeed Legin, hopefully once the gravity of todays news starts to filter out to the wider market over the next couple of days the sp will react, hopefully the sp is just warming up here! All very special to see!