Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Ah ok thanks for clarity then ART.
Yes I got the 30p call wrong. I do not mind at all admitting when I am wrong. And I did nit fully read your post... just busy in my job.
And quite happy to share with others when I am at a loss. I have got the call right at ASOS with my trading and at oilex with a longer position.
You win some and you lose some... but overall you hope for more winners than losers and should never hold a single stock in less you are actively involved in the said company.
There we go... no one knows what is going on?
That is why the SP is down. People like simple... understandable...the complexity of what is going on is hurting people's heads.
And some are making it more complicated then it needs to be
The info on here is scattering my mind... giving me a head ache. All i know is that we got loads of oil in the ground and producing already. The head honcho bought loads of shares at 35 p. So if he has done that.... cant be that bad can it.
Individuals expoiting the complexity of the company's situation. walking down the price for some sort of purpose. Perhaps a takeover on the cheap, perhaps to buy in on the cheap... perhaps because they have a large short position.
Or maybe there are geniune issues only they can see and warning others. Maybe they have something against rampers or the management of the company. Or maybe indoviduals with nothing better to do then bring pain to others.
Who knows? I would love them to state their agenda.
Im am a newbie to this so trying to get my head around the politics.
I trade some holdings and I hold some long. I will hold this share long. I just wish i'd got in at this price now. :-0.
I hope to contribute to the board over the coming weeks. Hopefully with some useful stuff.
I like active boards so all part of the fun and happy to interact with long holders, shorters, traders, who ever you are.
Its totally normal for early to mid stage oil companies to raise money on markets. That is why they are listed.
Also when oil prices are up debt refinancing becomes alot easier. Halp me to understand what the concerns are here?
The price drop seems crazy in the high oil price environment which is only going to get further inflated
The other thing I would add, even though Oilex has not been able to get at the HCs, the asset value has appreciated since it was acquired in full which is good for the balance sheet. Obvioulsy because of rising cost of oil.
I dont wish oil to remain high as that probably means wishing these horrendous world events continue, but it will set up Oilex to sell high rather than low. And there would be benefit for share holders.
July if its on time. The SP is priced for a probability of a delay due equiptment which has been delayed. Can't frac without.
There are known hydro carbons... just need to bring it up.
If things go to plan with the equiptment they need... I am guessing 35p pre frac news... 60p thereafter and more potential longer term for over 1p.
As they are doing frac on their own... then hopefully post frac the JV partner will pay big bucks in terms of funding and cash.
GLA. Looking forwars to flange day only because I like the sound of it.
Reading through some of the comments here today... it is clear that there are a number of people on here that did at one time hold Oilex... (perhaps until recently) who are venting off a bit of frustration because they have not made mega gains thus far. They are telling us 'effectively' that they want the SP to go down so they can buy back in later 'closer to frac'. A sell and buy back. There are quite a few adopting this stance.
That is such a very risky strategy. SP can get priced up weeks in advance... so the timing of that is very hard. Only talking about July here for frac and the risk of another overun is well understood and priced to some degree. If you are not in closer to frac... you will struggle as SP will rise quick.
In terms of now the downside is much less than it was a few weeks ago due to the reflow of gas which 99% certain now in the next few days.
This share has been under the radar for a bloody long time.
It will take a bit of time for the penny to drop. It needs a news story or two and few tweets.
This has derisked massively. Its a keeper.
The war is going to be long and drawn out and I dont think gas prices will be falling anytime soon. The West will be very reluctant to do business with Mr Putin even if the war ends tomorrow.
Getting the gas out the ground this year is quite timely.
Happy to be back in this before the herd arrives.
Still only 10 million GBP ish valuation.
I was holding this for well over a year. Got out at 22 and now had rush back in a 27. Such unlucky timing on the good news dropping.
Did not even notice the RNS drop
This is very good news today.
I note Motley Fool has put out a positive note this morning and we had Simply Wall Street say something positive too.
The fundamentals on this company are excellent albeit with a bit of a squeeze recently on margins. Given the falls alot of the issues you can look up under ASOS news could be well priced in.
Looks like improved sentiment going into results and other clothes retailers up too just now.