Oilex Share Chat (OEX)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Oilex Nl	LSE:OEX	London	Ordinary Share	AU000000OEX8	ORD NPV

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-0.105p	-20.59%	0.405p	0.39p	0.42p	0.55p	0.38p	0.55p	296,946,358	16:26:36

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil & Gas Producers	0.1	-2.4	-0.1	-	8.75

Oilex Share Discussion Threads

Showing 32601 to 32623 of 32625 messages

Chat Pages: 1305 1304 1303 1302 1301 1300 1299 1298 1297 1296 1295 1294 Older

Date	Subject	Author	Discuss
16/11/2018 21:05	Agreed as stated	1bluehorseshoe	Read Full Thread Reply
16/11/2018 21:00	As per the Company report 9/18, there is a funding requiremet by early 2019.	bulgarian	Read Full Thread Reply
16/11/2018 20:57	They've reduced staffing levels and as I said next campaign is 6m US dollars as specified by Schlumberger	1bluehorseshoe	Read Full Thread Reply
16/11/2018 20:50	That's peanuts. They need millions! The dough in the bank with the court is going to be argued. GSPC Don't need this to happen quickly - they've got 16 other Cambay projects on the go. OEX have expensive staff / operational overhead, and need cash. Court case could rumble..	bulgarian	Read Full Thread Reply
16/11/2018 20:48	We're also owed over 3m in Indonesia and we are in JV with GSPC in canning also in India under the same criteria which I believe we're trying to divest	1bluehorseshoe	Read Full Thread Reply
16/11/2018 20:45	Would expect a couple of hundred thousand from oil stockpile sales too, as per RNS	1bluehorseshoe	Read Full Thread Reply
16/11/2018 20:44	Just been done as per RNS via Republic and others.	1bluehorseshoe	Read Full Thread Reply
16/11/2018 20:38	They had little cash on hand left in June, and despite a mini top up from GSPC post results, the likelihood of an equity raise (as per the Company report) must be high.	bulgarian	Read Full Thread Reply
16/11/2018 20:37	We are currently producing albeit at uncommercial levels but also oil as a consequence and we have negotiated further supply contracts with the infrastructure already in place	1bluehorseshoe	Read Full Thread Reply
16/11/2018 20:34	JV possibilities and Republic have said they will get involved as per company presentation	1bluehorseshoe	Read Full Thread Reply
16/11/2018 20:28	Jv interests may get both oex and gspc to make up and be quids in	comedy	Read Full Thread Reply
16/11/2018 20:26	Blue I'm hearing jv on table....gspc gets to save face...and we all make money. Think today mms got rid of traders who bought above 0.6p this week.those who can see the woods for the trees will see we are now a better bet. Cash paid...any wrong step and we push for full 100% and gspc needs to decide to play ball or walk away??? Yesterday's payment says they don't want to walk away.	comedy	Read Full Thread Reply
16/11/2018 20:26	GSPC are now walking on eggshells but I suspect they will bring in a backer as they may already have done	1bluehorseshoe	Read Full Thread Reply
16/11/2018 20:25	Was a specific Christmas mentioned? Lol	1bluehorseshoe	Read Full Thread Reply
16/11/2018 20:23	Possible for us to increase our stake??? Gspc debts paid off to us...and we get a jv with the ones who pay higher costs to get their stake??? Win win for us and gspc???	comedy	Read Full Thread Reply
16/11/2018 20:22	If/when GSPC default it's not unreasonable to expect Schlumberger to help us derisk by participating as they have with SOU	1bluehorseshoe	Read Full Thread Reply
16/11/2018 20:21	Read the second rns today.finally gspc has folded and given up on the bluff. We now have cash deposited. So gspc has got funds and will need to toe line. Best if they move to business footing and now work together to move forward??? Everyone makes money????	comedy	Read Full Thread Reply
16/11/2018 20:20	Just Degsy distorting as he does. Drill campaign said to be c6m US dollars, convenient that eh? GSPC now have to pay their proportion going forward	1bluehorseshoe	Read Full Thread Reply
16/11/2018 20:17	If this project gets off the ground there will be big money required. The last two drills didn't exactly light the fires. That's a red flag. How this was being touted as 7 or 8p by Xmas defies logic. Just a blatant ramp?	bulgarian	Read Full Thread Reply
16/11/2018 20:08	Nothing established, same as here, too many historical wounds inflicted by the previous bod, no doubt it will change. The ceo is an experienced o&g guy and not a cowboy or pin up like the previous but at least he's rattling cages and teeth	1bluehorseshoe	Read Full Thread Reply
16/11/2018 19:52	$5.76M at end June 2018, but they then received approx $170k after YE so approx $5.5M owing in cash calls. Yes, that is bizarre why these historic cash calls aren't to date and for the full amount. One thing OEX don't want is a drawn out court case on who owes who what. They don't have the dough. They have stated there will be a requirement for more dough by early 2019. And the relationship between the two must be fraught to say the least.	bulgarian	Read Full Thread Reply
16/11/2018 19:50	The historical performance in Cambay was with a different oex bod who were not fit to run a boot sale so we engaged Baker Hughes and Schlumberger to analyse and produce a new strategy with modern technologies due to the field being tight gas and drilling over 500degrees temp . Not for the amateur. We now have that drilling campaign to be ratified and approved by the appropriate government department	1bluehorseshoe	Read Full Thread Reply
16/11/2018 19:46	Interesting that they actually owe us over 5m but we only used 3m in the EoD don't you think?	1bluehorseshoe	Read Full Thread Reply

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