|15 Aug 2014||brasso3||Baz
I don't think this is about nerves. Its more about how long it has taken for results to come through. We have almost had confirmation that this will now be a production well so we know it is commercial. In fact, did we ever doubt is was commercial as we knew that at 40% frack fluid recovery it was delivering close to 50 BOPD!
I think good news is very close and the sellers below 10p will... read more...|
|14 hours ago||acta_topup||someone said that cash had lost a lot on small explorers and had become bitter. this appears to be spot on. he doesn't seem to understand that Cambay is about gas. the oil was an unexpected bonus. what a sad pathetic individual trolling the boards of OEX, CAZA and LOGP amongst others read more...|
|Sun 12:58||acta_topup||Excellent post on LSE:
10:10 17/08/2014 [GrumpyCynic] RE: cav
The last reserves report gave 52,333,333 BOE equivelent at P90. This was 248Bcf gas and 11 million Barrels of condensate. Proven reserves in the ground are valued by how quickly they will get out of the ground but £5 per barrel seems a conservative guess. This would give a NAV of £261,666,665. OEX have 591,034,789 shares in issue... read more...|
|Mon 13:21||sidjameslaugh||Why. Would you rather they gave half a story or did the job professionally and got all of the detail out properly. Just stuff and nonsense from someone who cannot wait a few weeks. read more...|
|5 hours ago||baz63||Over a £58k buy showing from yesterday - someone must be confident!! read more...|
|10 hours ago||acta_topup||well you should sell up instead of whinging on a bulletin board. read more...|
|11 hours ago||cashandcard||Acta,
I've actually made a lot more on small explorers than I've ever lost. Its just with time, one becomes more cautious about the general marketplace - not 'bitter' as you state. Funny you say I'm trolling, actually I'm invested in Caza. I'll call it as I see it, longterm its great, short-term more pain. LOGP is overvalued, market has called it that way for almost 2yrs now, I simply state... read more...|
|yesterday 19:29||wardy333||Canning is a massive positive here at the moment worth possibly 20p per share, and people are worried Cambay won't deliver, the S/P is underpinned by Canning so why worry, if anything was wrong in India Ron is duty bound by Aussie regs to tell the market asap,He has said nothing, testing is ongoing and possible news due soon, sit back relax you will be in the winners circle soon. read more...|
|yesterday 17:54||acta_topup||Yep - waiting patiently for developments on site to be relayed back. As far as I'm concerned the longer it takes the better as water and frac fluids removed leaving a better and better flow of hydrocarbons.
The recent Apache Canning Basin discovery has been completely ignored wrt to Oilex and that seems completely unjustified. May be people are late to catch on - wouldn't be the first time read more...|
presume this should not do us any harm, discovery in canning basin. read more...|