Member Info for Yuri1

Is it a sale? The price on investing . Com closed after it and we are still green...?

Receiving*

GSPC must of put something on the table for Oilex to drop Arb. You don’t just drop it when you are the favourable winner.

I bet the deal on the table will become obvious once the deal is done with the buyer.

If GSPC can’t afford to pay us back, we might be reviving more of Cambay in the sale.

There will be a profit somewhere... why else would Joe let them off the hook?

It’s all price sensitive so I guess we wait for the golden RNS.

Next step up is when India comes out of lockdown and the RNS will be expected anytime after. Watch the next flood of buys come in when the lock down end is confirmed.

Yet again Gordon you keep being stung... you had the chance to buy some under .09 now it’s gone back up...

The wells would need to be inspected first as they have been shut for a while. Then a plan will come together on what work needs doing to stimulate the flow again.

He also mentioned they have the 3D map for further exploration...

If people want to keep Cambay, how about we just farm out our 45% until India’s gas demand goes sky high and focus on Kampar first?

It holds great value but it will require patience. It will cost less than a mil to get fired up too.

Won’t be till sometime next year....

Turn the taps on Joe! :)

https://youtu.be/uuvyvh59D1Q

How else are we going to raise such quantities of cash?

We need to sell Cambay to get us out of this financial mess. All deals could be done and ready to go but where’s the millions of dollars to drill? We are literally a sitting duck just holding on to Capital. May lead to another year of waiting but I really cannot ever see us ever drilling unless something gives.

Or even put Oilex up for sale and let someone else take this on that has the cash.

We’d still walk away with decent money from a take over.

Jokes aside, with no top board, are we merging? That will definitely solve the cash problem. Or the ultimate, someones put a bid in for us?

I have lockdown experience and being furloughed. I’ll be your president ;)

It means that by the end of the year we will have no MD or president lol.

The people doing the sale will also want their commission as I’m sure they have also been under financial strain. So I think once they can get back into the office they will get on top of it rather quickly. Soon as the second lockdown in India is finished, start the clock!

Mr I, your earlier tweet kind of explains why we haven’t got much traffic yet.

Why would the traders buy here when you say odx is due a SP rise around sep/oct. (Which should come earlier than here possibly)

People want quick results, and so we are on the watch list and our time isn’t yet.

Any buys now are early cheap seats and for people like myself that aren’t in a position to trade regularly or have patience.

Don’t get me wrong, the money is coming....

Why buy here when there’s shares that will make you money much sooner.

Soon as Cambay is complete, watch the flood gates open.

The report will most likely recap the podcast and rns about kampar.

I guess that’s it then until Xmas again. I remember us all getting excited when the 90day sale was suppose to land on last Xmas and here we are now...

I hope while cambay is on hold (again), oilex will focus it’s time on getting kampar up and running. The sooner we get some sort of positive cash flow, the better.

Still talk of UK but no real plan mentioned about all this funding? (3 drilling sites! Very expensive).

Scroll to 16min 29sec

.https://www.vox markets.co.uk/articles/iconic-labs-oilex-and-alan-green-on-catenae-innovation-destiny-pharma-stagecoach-6cd5218