Member Info for Yuri1

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

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16mins 29sec.

I think the podcast proved that there still a window of opportunity to trade elsewhere before coming back here for the cambay deal completion.

A bright future awaits but yet more waiting...

And more averaging down for Gordon ;)

Joe might have to go a bit ‘rampy’ in his report if he wants some good positive buying volume. Rather than just saying what they are doing, give us some positive forecasts that could rekindle some interest.

However if it’s a done deal or expected to finish in a few weeks. Expect to be top of the risers table. Place your bets....

This will probably be one of the most important reports in Oilex’s history. If there’s so substance with the Cambay update then well... I’d be seriously worried where we are heading.

Maybe it’s also because oilex’s reputation is at an all time low. The herd are chasing covid shares and the market just can’t be bothered with Oilex anymore. Most people that were here last year have sold and moved on and thus the chat is also dieing.

Everyone knows more dilution is coming.

The market will react better once we have something more physical to play with.

We’ve been given the heads up but it doesn’t take a rocket scientist to know we have no cash... (new investors looking into oilex)

Once it’s made clear on our next move then we might get a better reaction.

Last time we were gearing up to drill cooper and out of the blue it was taken from us. This could just be another repeat. It gets valued and all of a sudden gone to help feed the cash burn or to contribute to Cambay.

The company is becoming so unpredictable.

All that time to average down. What a luxury ;)

Haha, keep moving with those walks and you will easily see your 90s. It’s all about staying active :)

Hopefully see that price once drilling commences gord. Atb.

Doesn’t matter short term yes. But I didn’t think things would drag on this long and the total cash burn to a pretty bad level.

Yes I know that too, I think you’re missing what I’m getting at. The more dilution, the harder it is to get SP gain from buying pressure.

Yes I know but my point being is it sets them up for one mammoth of a dilution to pay for the 2 drills...

More worryingly if this drags on any longer, we won’t be in a position to dilute anymore and will end up going through consolidation which will wipe us all out.

The update will be at the end of month. And it will be the same usual spill, covid delays blah blah blah...

A trail of sweets leading into the back of a van.

The potentials this could bring with the added waiting is giving me anxiety lol.

Somewhere over the rainbow.....

Is there a penalty for not notifying us? Some free shares would be nice :)