Member Info for obone

Ooops
'Not unexpected......'

Only 3 weeks time.
And just delay tactics from GSPC.
Not expected as GSPC had already said they were not going to roll over.
Neutral IMO

I don't disagree with Reso regarding AST over last 18 months the way the SP has gone in a downward direction with occasional spikes. But banging on the about share being tradable but not investable may have attracted more and more traders increasing the SP volatility - hence last week bottom of LSE one day and top another.
I just hope PI activity changes BOD behaviour to reduce their greed and concentrate on fulfilment of AST potential.
The jury is out.
Just maybe this is the start of SP upward direction with occasional downward spikes.
Now that would be good for all LTH.

Looks like annoucement be 2mrw

I bet you it will be a gap down or up on AIM.
Maybe I should have 'hedged' my bets.

Thanks for the link Chartman

Fingers crossed.

Oh reflective Stcokdale...agree generally
"We could be hit and wiped out by an asteroid at any time" - Sunday @ 5pm ET: Perseid Meteor Shower Peak
Q&A Tuesday - no price sensitive info will be released but maybe more detail of issues / development / finance
The permits unlock the future - with the PI kicking GEO / AST with ARSO should now move much quicker than before.

Good luck guod7 - you being a LTH.

This is the ultimate binary situation.

I also cannot believe GSPC would roll over but just maybe DGoH MoP&NG has given us the title.
But then why the suspension ?
Does some legal paperwork take a few days ?

If its a JV - why not just announce it ?

Alternatively,
I think we might being counter sued because of previous development problems.
Or we have serious financing problem due to Republic not doing tranche 2. But then they would not want to lose
their previous investment.
Maybe takes a few days to consolidate & place.

I don't think the rug will be pulled because the suspension is regarding Cambay.

Whatever happens, leaving LSE market trading when ASX closed is ineptitude and consequences.

Thanks Alpha.
I feel further educated.
Plenty of blatherskites on here.

I had to google urban dictionary.
I learnt something today;LOL

I have just submitted questions about supply to INA.
I did take part in the last Q & A call held and my questions were asked.
The meeting probably will be chaired by a YJ person and you have to wait your turn.
I did find it useful but sometimes found hearing / taking in the answers a bit difficult.
Clive did step in to suppress/avoid difficult questions for Colin to answer.
Maybe we might hear from non-execs ?

Thank you JackLevi.
Interesting article how Indonesia is nationalising oil/gas fields for political reason but still needs the foreign investment.
IMO: A contradiction

After the many expensive razzmatazz launches and expensive new BOD many months ago we have ZILCH so far.
I personally was invited to four ? launch parties but I refused the invitations as I objected to the waste of money.

I do remember October as a latest date for a big announcement .

nottsbaggie,
Understandable.
Bit of a downer.

Good luck with other investments.

Johnnyc,
Should put this direct to Colin & Clive.
I have never heard a word of sympathy from either for a loss suffered by anyone.
They did an epic job to boost the SP for Hendos over a long period to cash in their CLNs - hiding real situation
in which they made about £10 million - of PIs money.

Best news would be if GSPC allow us to take over 100% Cambay field ownership from 45% in lieu of GSPC over £3 million debt after giving them 60 days which is now up.
GSPC paid back £147k recently and rejected the offer.

Decent news: Negotiated settlement with GSPC agreed.

Finance to develop the huge gas field from Republic Investment Management is already in place for the Schlumberger and Baker Hughes development strategy for the gas that India needs.

Bad news is they may counter sue against debt because of historic development issues.

wow
Up & away

I'm almost break even now after a long time !?

In accordance with ASX Listing Rule 17.1 Oilex Ltd (ASX: OEX, AIM: OEX) hereby requests an immediate trading halt on the Company's securities from the commencement of trading Friday 10 August 2018.

The RNS requests a trading halt on AIM.
Clearly request not acquiesced.
Ha ha

Boom

Gobster, based on your experience my guess is GSPC has counter sued.