Oilex Ld Share Discussion Threads

[cool hand kev] 04/8/2020 14:07

Yes or near enough a good entry point for those with faith in OEX

[oilbuy] 04/8/2020 13:48

Double bottom on the chart !

[theaviator] 03/8/2020 12:15

Got to be nearing a buy down here

[cool hand kev] 03/8/2020 10:06

I would like to hope so Penn
I read the last RNS as quite promising but the market and investors
considered otherwise :-( perhaps their timeframe is only short term
Market cap here now under £3 million ? Make of it of what you think.
Support at 0.08 hopefully

[josephrobert] 01/8/2020 06:55

Looks like the sales were mopped up by a purchase or two including the 20m - which was reported shorly after the bid was about to drop

The Indonesian resource seems very attractive and came out of the blue:
target='window'>hTTps://uk.advfn.com/stock-market/london/oilex-ld-OEX/share-news/OILEX-RAISES-HOLDING-TO-60-IN-WEST-KAMPAR-PSC-IND/27770777

Assuming the partner isn't another bandit and politics are going with us not against, on face value this is a very attractive - short term turn key production, plenty of resource to prove up in addition to what is quoted in the old RNS. Is the site, Pendalian-3? connected to the pipeline or will it need to be connected with miles of new pipeline?

Fingers crossed that we are awarded the PSC as this will be a game changer and save the share price if Cambay blows up in our faces. Certainly it would make OEX investable once again.

[pennstreet] 31/7/2020 15:14

Do we still have hope, kev ?

[cool hand kev] 31/7/2020 14:55

josephrobert : thanks that makes interesting Reading :-)

[pennstreet] 31/7/2020 14:32

Price hasn't budged

[josephrobert] 31/7/2020 12:45

Oilex website back up

Here is a distraction from today's dilution

[enewman36] 31/7/2020 10:51

One day I may get back to some resemblance of break even but it ain't gonna be any time soon with the continued funding challenges. Poxy little loans here and there just keep smashing every small rise we get ffs! Oh well, look at them again in another 12 months to see if they have fallen even further I guess. Sigh!

[josephrobert] 29/7/2020 11:59

Oilex website down at the moment...how long has it been down and why

[leewink1] 29/7/2020 10:53

TR-1 big, over at PREM ...

[fatfish] 27/7/2020 07:21

first time i ever looked at these they were 29.75p a share WOW.

last time i put a reminder on the side the share price was 4.5p

Only reason i was interested was because you could put them in an ISA which at the time was a more stable share.

Look at it now, what the hell happened.

Same as all aim shares

[josephrobert] 20/7/2020 16:32

Oilex website down at the moment...

[theaviator] 17/7/2020 19:38

Hi Kev, I haven't bought or sold matey. Haven't got any yet.

[catchingmice] 16/7/2020 19:49

Let's hope the update is pretty soon as anything around the 25p-30p range will do for me then i will exit and put my money elsewhere

[cool hand kev] 16/7/2020 16:09

Hi Theaviator, So did you move the share price on very low Volume ?

[theaviator] 16/7/2020 08:04

Thanks Kev. Glad you're well. Will take a good look again.

[cool hand kev] 15/7/2020 15:57

I'm doing a bit of averaging down and having to pay a premium for 2600 pounds worth

[cool hand kev] 15/7/2020 11:12

Still waiting on the Cambay news - extract from RNS 29/06/20

Following the closing for submission of bids on 23 December 2019, the Company announced on 17 January 2020 that GSPC had opened the bids received for its PI and invited the preferred bidder to finalise negotiations. On 3 March 2020, Oilex advised that it had declined the first right of refusal (ROFR) in relation to GSPC disposing of its 55% interest in the Cambay PSC.
The Company will update the market once further information on the sale process becomes available.


Which will be multiples of Oilex's SP

[theaviator] 15/7/2020 10:49

Lol Just saw your post keV and though would say hi. What's going on here now? Will take a look again soon.