Worked it out (bought in) they price in a diff way to the UK.
Really looking forward to adding more with this company as they are in my mind at a turning point in their R & D structure of the business. Won't be long now and they will be at the 1,000 barrels a day level.
There's not that much to write about...15 Aug 2020 03:19
IFNI3000 - Walletinvestor...quote: "OEX" stock predictions are updated every 5 minutes" Don't make me laugh! There's not that much to write/ update about every five mins. Maybe was a walletinvestor typo and should have read;
"Walletinvestor...quote: "OEX" stock predictions are updated every 5 years"
Just had a crazy thought "Yuri" aren't you the one that has the "Pants & Heels, Parties in the middle of a field somewhere up north"?
I believe the SP isn't do much on news here is because to many people have had their fingers burnt in the past. Just look where the SP was on news of the court proceeding s in early 2019 and where the company is today.
HOWEVER, if you're a believer then this is a great time in the SP history to average down and sit back for a year or so for things to slowly develope.
What does puzzle me though is not even a year ago the saids directors were ranting on the projects the company owned and what they wanted to do with them. Then all of a sudden they sold everything they owned to become a cash shell...
Sad thing is I can see this slipping into the depths of the unknown, just on the lack of momentum, give or take its still 4 months till EOY.
All because of COVID-19 and possibly hitting lows of .055 or lower (£0.00055)
I just hope if this be the case the BOD reduce their salaries and costs to that of a shell company, it can be done!
In my humble opinion - I believe one of the biggest problems with regards money and Government aided assistance throughout COVID-19. If other Countries follow suit and give business financial aid in a similar way to the Uk, OEX will be lucky to get anything due to its lack of trading activity over the past 5 years.
However that said and done they may just fit the criteria for a small Government business loan.
Just added to my holding this morning, agree with you 100% quantumstar, this could rocket at any moment with little to no news as the market gains faith in the company.
Barnet Peter, didn't the SP drop from 15p due to the dilution, however the current SP in my mind is greatly under valued based on the top quality assets held by the company and the logistics are just superb! Not may potash miners have such low reserves and so close to the coast for shipping.......
This is by far one of my favorite stocks at present! ANYONE new reading this pls, DYOR (I am not giving any advice, all IMHO)
JonesRichard, your quote of £2.96, I've been pondering over that since you posted it and believe it or not guys I do believe we could be over £2.50 if there's not to much dilution in the future and you/ we are prepared to tuck them away for a rainy day.
Easily ! I'd even do a 4 - 1 share consolidation to encourage big banks and investment house (when they reach £2.50)
At what stage in all the through all the vigorous testing and reporting structure of which ENML are completing with flying colours to date, will they wave the flag and set the first set of machinery into action and start singing ....hi ho, hi ho ...its of to work we go? (2 yrs away?)