Member Info for Targaryen2

ESW? What’s that? Is it like a reality tv show? Love island? Lol

Yes.

Question is when and how much.... :)

They never said oil Yuri. It’s gas they are interested in.

I have a suspicion that they are linked. The investor for the UK interest is most likely part of Cambay dealings? Perhaps that’s why the dates around the same time.

So this is what the UK interest they were talking about.

Good news me thinks! Fingers crossed they will get the agreement otherwise 50k wasted....
could have given it to me. :)

End of Sept will be very interesting on two fronts. Place your bets....GLA

Ezhik, sorry to hear that! Hope you did not loose too much. Care to share what happened and how you got out? Hope you are doing well now. :)

Lol we all know how the Aussies like to party! Oh yeah! Lol

Also... I did not say .50 by end of year.....

I said ‘In new year I see this climb slowly towards .50s‘

By that I mean slow rise in first quarter... towards March/April.
But don’t forget... it is just my opinion.

See you in London then...with Yuri and the Oilex team! Lol
Well 2p Is based on good news from all avenues...means Bradley Lingo gets the job done. Remember he has been given 6 months to get traction. The drills in Cambay should be in by the and I’m being positive and hope to hear good results...then there’s UK initiative, so looks of irons.... roll on 2020. :) GLA

Ahhh....
*policr. Should read ‘positive’

Wow! Such optimism! Lol
I think it will likely rise towards end of Sept to around late .20s to early .30s ... slipping lower once traders flush it... back to .18 ish up to Xmas when we finalise news and find out who our partners are and the plans moving forward. I can see a quick spike just before Xmas and then retract back to .20s. In new year I see this climb slowly towards .50s and then spike once the drills go in....

By this time next year...hoping for police news on all fronts... uk, Cambay, Copper Basin. Etc. I expect sp to be over 2p
:)). Yes baby! Well let’s see. GLA

The RNS looks promising. Lots been happening in the background.

As for Cambay... there are ‘many’ interested parties waiting in the wings to join in.
Also, no one here knows the terms the sale will be. I suspect it will be at a discount to OEX to compensate for the payments owed.
I also suspect that the new partner will not be getting 55% of Cambay. After the mess experienced, I would hope OEX have learned their lesson and would want to keep controlling interest.
I would also expect the new partner would be fronting the drilling costs as part of the deal with rewards of a refund or compensation when successful. Ie they would recoup erase their costs first before splitting profits with OEX.
So this along with 6 month target for Cooper sands.... looking good into 2020.
I can wait.
:). Good luck to those of you who wait with me.

Looking forward to it....
Not because of your pants.....
But the prospect of 6 figure profit!
:)

Hope it holds at least... that would be a great start....even better if there is a rush to buy in preparation for next week. Every week we are closer to Cambay pot.

Yeh, you are probably right Chesh. But yes it is a bit weird.
Nearly the weekend...yeh! Wait for the Friday sell off.

Phew! Good catch f&t. :)

Anyone know more about the suspension? Is Zero trades on asx just a coincidence? Or is there another RNS on the way?

More good news... looking good into 2020. This time next year the sp will be much higher in my opinion. GLA eps to the LTHs.

What’s with that... people going mad. Cost of trades larger than value. ????

One maybe a mistake...but...

That’s what I think. It will be a low cost project...as Joe says in the pod cast, they have the experience to hand and the surveys etc can be available next to nothing. I don’t think they need to wait for Cambay to get started with Cooper Basin. Once they’ve done the preliminary studies, they may utilise a JV to explore further if Cambay is still not sorted by then. Eg. A JV with a company who puts up the costs upfront and share in the profits from the discovery after deducting their costs. So wouldn’t cost OEX initially.

They seem really excited about it...even more so than Cambay.
I am looking forward to the coming months and into next year. I can wait. Will buy more on the lows. GLA