Member Info for Latino

Agree this could rise significantly if the funding and Contract happen, but do doubt this is now extremely high risk. I’m also invested here for many years and soothing hugh loss, but my issue is don’t mislead people by ignoring the substantial risk here. Contract will not happen until we’ve stopped developing the product and completed the trials these will still take many months, and funding now at these prices!

Don’t think PIs need to understand the detail, when it’s come in simple words direct from the horses mouth in the RNS. So no need to question people’s understanding. It’s simple they need funding to carry on in the immediate short term - it’s very simple!

Wouldn’t like to be in your shoes, bought pre ipo and now delay and silence from the bod! Very naughty indeed. Here we’re in Nov when this was meant to have been relisted. Amit needs to start talking!

Agree, they have said it in b&w ‘photostar trading as going concern in the immediate short term’ what does this immediate short term mean? Think this to me is the next few weeks...anybody any thought. Certainly this is race against time, and as we all know you are not going to get a good deal even if you did get one..the customers know this!

Correction EDL.

See they have agreed to provide funding to ADL, here we are also due we could be next?

Agree, non sensical talk. It’s looking more and more like a leak..gla

Crazy and wonder who is selling at this price considering this is already at the very bottom. Most likely selling at a loss...this will bounce as this was excellent rns today.

With the bank guarentee, that’s a whopping 29 corers that GSPC have to find in the next few weeks, and that’s for a company who is near bankruptcy...OEX win-win!

To all derampers, expert view: The court ruling released on Friday in relation to the dispute between GSPC and Oilex is, in our opinion, good news for Oilex shareholders. The conditions imposed upon GSPC by the Judge to allow the Stay to remain in place pending the outcome of arbitration include the requirement on GSPCS’s part to lodge the not insubstantial sum of US$4.1m with the court within 2 weeks. This is indicative that GSPC really are coming to the end of the road in attempts to block the transfer of the residual 55% licence in the key Cambay block to Oilex.

Very true.

X30 undervalued! Like that...what is that 9pish!!

Bbr- no rns or comment from either party, very very strange - could be pointing to a settlement next week.

Can easily turn it back at you and say where does it say...and so on. Its clear you’re on a deramping spree, and I’ll leave you to it!

Also that’s just non sensical talk to say ‘nothing to say don’t pay up’ seriously? Do you not know how courts work and what happens if you don’t obey the ruling?? In such case can’t help..

Actually expect SP to open way way north...this is excellent news!

Wait for the market, MMs will mark this as we all know on opening..

R thanks for sharing, this is how I’m reading this so good to hear.

Lawyers are all celebrating lol, hence no rns yet.

Blimey lol, because it is!