Member Info for Targaryen2

“Oilex entered into the Exclusivity Agreement until 31 October 2019 with Koru to secure its exclusive right to negotiate with Koru to acquire a 50% interest in the KLW Licences.
The Company has elected to allow the Exclusivity Agreement to lapse while it engages with several parties in the basin with a view to expanding the potential portfolio of assets in the EIS, inclusive of KLW should it continue to be available.”

So that’s £55k holding deposit wasted. So they did not find a partner for JV? Chasing more opportunities? Hmmmm - Disappointed.

IIV... I had given you the benefit of the doubt.... but ....

https://m.youtube.com/watch?v=xsZPWsVNTqo

:)

You’ve still not explained your value of it. Let’s start with that... iyho

Might be true Gordon.... but look at the size of the buys.

Also some of the red SELLS are actually buys. Usual problems.

IIV You are sounding desperate! Lol.
I suggest you sell up if you are worried. Once you have done so then please leave the BB ...there would be no point hanging around then would there?

Seriously, what are you up to?

Lol

Why would it ?

What are you up to?

I believe this is a bargain at these prices.... dare I say...”I’d hate to be out of this over the weekend”? Lol

Where’s Yuri? Missing the Friday giggles!

Sorry Mike... you mentioned it already.

And now we have IIV saying “Get out while you can!”.

What are you up to?

IIV, thought yesterday you said “One of the most exciting shares on all of AIM”?

What are you up to?

I am expecting a bit more action in the coming days. Still got Irish Sea news due next week. They haven’t said what happened to the loan that was due 15th Oct as far as I know. Could be that this has been extended so they can use the funds to go it alone or use it for larger Cambay share. Who knows! Could get hot very quickly!

(Well here’s to wishing....ATB everyone.)

Wow Gordon! That is a lot... they better get moving ...get those drills in ASAP. Cancel Xmas! Besides...they don’t even have snow so what’s the point! Lol

(...and stop burning those logs. :) )

Yes, A$190k a lot for w.c.
Hopefully they will manage that better as Joe said in Sep RNS:
“We have endeavoured to minimize its effect maintaining our low-cost overhead structure, avoiding the SIAC arbitration proceedings and carefully leveraging new acquisitions”.

Worst case... At least it might help them get past Xmas! But those Xmas parties are expensive... must advise Joe not to invite Yuri! Lol! (Just kidding Yuri... :) )

*sea. Lol

There it is! Thank you Chesh. :)
Several eyes better than one set.

Besides I just saw that they received no consideration for the options...
It will pass.... they need the capital for delivering the results I am hoping to see in the long run.
LOTS on offer. Still waiting for the news re IRISH see by next week.

Onwards and upwards. GLA

*share options?
Need the extra money...for what?

And why did they sneak in the option? They weren’t mentioned earlier.

possible... that’s what I initially thought, but isn’t that a lot just for expenses?

I can’t work these figures out. Doesn’t make sense...they needed to raise £600k. But after all these issues I have a figure of over £650k without the options.
That’s interesting. So what is the extra for? Wasn’t mentioned?

Oops... Never mind.... I see what he was talking about. RNS oct 15.