Member Info for smileywiley

this stock seriously feels like berkeley , the uranium company. when media posted about how they might get back their license and rights to mine for uranium, their share price shot up from 6.25p to 26p. and now. it has drifted back down to 16p with no news again... swear. that's how u seriously profit. taking advantage of the cheap prices.

gordon. i don't really care if oilex gets cambay or not. it doesn't matter. it's about turning this firm cash flow positive. by unlocking cambay itself. To extract out the xx tcf of gas. to sell it at the alr premium price india locals are paying for gases. It's a pity gspc is delaying this drilling (due to the settlement). Tbh, it's a good thing if oilex does get more of cambay. but it will be a better thing if drilling is allowed on cambay to see whether the blue prints actually do work. I'm more interested in that. and gspc is of no help in unlocking this enormous asset that they are sitting on. this is more of a case of gspc is sitting on a damn bloody treasure chest. but they refuse to dig/drill into it because they do not trust anybody. literally simple as that. and do not forget, oilex has a good cfo that has been reputable for turning negative cash flowing companies into positive ones. not one that aims to exploit shareholders, and end up in insolvency.

agreed chesh. tbh, the only thing holding oilex back is gspc. and OILEX, in any case, has the upperhand here. Irregardless of whether oilex goes to arb or commercial settlement, cambay has to be drilled. cambay has been proven to be a tough nut to crack (maybe not anymore with the blue prints now set in place).And now, even with such blue prints, gspc still decides to drag this matter for xx months to try and get a better deal from oilex. Needless to say, I'm giving this less than a month for a new update on cambay issues, with gspc divesting some, if not all of their rights from cambay so that oilex can FINALLY get the drills on and follow their plans to start 2 vertical drilling, thereafter a horizontal and whatever that may precede. Selling oilex at 0.19 or even at this level is absurdly ridiculous. Truely, the market has overreacted due to the fact that this may take a while. Still, with OILEX having at present very low debt-equity ratio (definitely clear any debts or even possibly, take on debts), and having the blue prints to turn cash positive. It's absurd to see oilex reaching such a level. Many idiots like thechancers are going to regret it when the d-day comes. which has been counting in days.

Please read the RNS carefully and note the phrase that most BOD uses to stipulate a timeline "VERY NEAR FUTURE AHEAD". not in the future, but in the NEAR future. Hope this speaks out to all fellow investors to factor such a condition in before selling away. (in fact selling at these levels is in turn of getting yourself mugged) Oilex has lost its patience with GSPC, and the BOD are planning to pull their weight on this, not in the future, but in the upcoming few weeks if GSPC doesn't plan to agree on the commercial settlement.(2 weeks has past on) And for me, i think it's quite the obvious that GSPC clearly isn't settled with any commercial settlement due to the simple fact that the contract doesn't q work in their favor given how they have given this thinking process a few months since then. Clearly, given the facts of the case, it is ridiculous to see the price drifting down to such low levels.

amen to that yuri! i honestly believe that oilex will sort out cambay, just in a matter of time. and whatsoever conspiracy theories people here entertain seems baseless. Honestly, people are selling out because they rather place their funds elsewhere. When news was being expected that cambay was about to be sorted out back in dec, it zoomed up to 0.50p before official announcements saying it was expected in early 2019. i'm just checking in to see the progress. and i still have faith in this board given their ambitions to get the drill running through a farmout deal.

Not sure whether is it just me but, are the posters in here getting more stupid by the minute or impatient by the minute? Makes me laugh deep in my heart reading the comments that have surfaced over the past week. Joe has alr indicated “very near future ahead”. Why can’t investors just be patient. I remembered bellzone mining telling me how it was going to go insolvent in the “very near future ahead”. And it did. I don’t see why joe and his team would lie to us about this contract being forged in the near future ahead, given how the bod in bzm were fraudsters.

To be angry about yuri. Seems like this is actually following the price break put sentiment. Enjoy the ride!

to me that the price could go well beyond 1p, conditional on the right news. the gradient for the top arrow seems to be very very steep. i wouldn't be surprised to see it have a drastic breakout. Let's hope my technical analysis holds. as long as the 20 ema > 200 ema, i would be holding to see how this plays out. might top slice just in case it fails.

of oilex seems to be set for a stage for a price outbreak. symmetrical flag with positive MACD. gonna be a very interesting month ahead (maybe 2 months) to see how the technical analysis plays out for oilex.

nah i'm not groaning. i'm actually quite pleased with it dropping :-) but yea, sometimes beadle u need to grow up. and when i mean grow up, learn when to shut your mouth. speak at the right time. i would believe it, only upon the right news and right technicals that follows with this share. yoda!

you are the one being high horse here beadle. stop groaning and start learning to be patient. good for you if it goes down, but u need not be so childish (oops sorry if i was so direct).

it's not about the rns, it's about the technicals of the company, and how it is operated. ONLY in good management, will we see the company shares move. I must say, we need to give this current independent board of directors a chance to prove their shot with cambay (how to tackle gspc and india govt). Given their credibility, I can see the strong fundamentals with this current management i.e. not profit taking but profit making for this company which have been ruined by the previous bod. now, just patiently wait and see what happens. Stop begging and dying for a RNS and swearing why isn't the rns out yet because it doesn't matter. when news wants to come, it will come. JUST WAIT.

i don't know why people actually invest into stocks if they can't have patience. it's all about doing your own research, asking what u need to ask and give it time. if u can't patiently wait, just sell it off. but if u believe the company has value, and is worth alot in the long run, then bloody just wait and stop asking everybody and blaming everybody for the current stock value. Clearly, you haven't learnt your lesson on how aim works. It's filled with impatient dastards that ramps whatever they need to ramp, and sell off to make money of you (generally the case). trust your own research, and wait for the right time patiently to come. Sell when u have hit your target (do not be greedy). u had your own chance to sell your stock when it hit 0.7 b4 gspc actually magically make money appeared. now, give people a break here and stop letting your damn emotions run you damn beadle

Nope. It’s your emotions that is killing you. Stop being emotionally attached to your shares and start doing factual research. A tip for you

i beg to differ! gspc would lose out if it goes to the long arduous arbri!

u are asking me a question that only god knows. gazza. do a deeper research. pls read the rules of posting on LSE before telling me that again :-)

gazza. stop pending your frustrations on me. idrc how long u have waited. i have alr stated my views. i heard what i needed to hear to dispel all these rumour mills which are false thankfully. do your own research. stop taking it out on me.

gazza. nobody would have expected gspc to be such a stink. dont blame me for your wrong investment decision 5 years ago. as of now, fact of the matter is that this issue which has held cambay back is finally coming to a conclusion. That is fact, not based on emotions. i'm sorry for your loss. But it's not too late to top up now given this mental price.

meant 2 full weeks ( 14 trading days excluding today ).

for 2 weeks to fly pass (or even less), and see where that goes from there, you are clearly impatient.

gazza. for goodness sake. I'm not God. I just had a small bite about the negotiations. So many rumour mills stating the negotiations fell apart. So I probed and I got what I wanted to hear. the rest, is up to your own self evaluation. Just take it, it is mental to see this sold at 0.25.