Oilex Ld Share Discussion Threads

[ashleyjv] 20/9/2021 09:04

Friday was just a taste of what's to come

[theaviator] 20/9/2021 09:02

Problem Geoff were the newbies that infiltrated the BBS. Was obvious there was a cohorted attempt. I felt bad stating the obvious but wanted to make folk aware. It'll come eventually but oops to buy again will prevail...

[theaviator] 20/9/2021 08:55

Lol rampers all hiding today?

[geoffmanana] 20/9/2021 08:37

At the end of the day nothing has changed.....just the share price.

[ashleyjv] 20/9/2021 08:34

Took me ages to get another million (Shares)

[fromthesidelines] 20/9/2021 08:31

Isn't Roland doing an interview today on Share Talk? Maybe another Rns due later today?? You know oilex don't do 7am

[fromthesidelines] 20/9/2021 08:28

They'll happily take my 3 million but still NT for £250. Expect big bounce

[bigpecs] 20/9/2021 08:27

Surprised to see this drop so low again after a good rns wtf

[fromthesidelines] 20/9/2021 08:26

MMs fishing. NT to buy £500

[joeblogg2] 20/9/2021 08:23

Disappointing reaction yet again after rns :(

[geoffmanana] 20/9/2021 08:21

Looks like I'm wrong, and a placement at 0.2 is now looking likely....

[hot wheels] 19/9/2021 20:53

Guys

Do directors take salary in shares or get paid in Au$?

what's the cash burn?

Perhaps they need good funding now and then we will rise.

[gcinvestor] 19/9/2021 18:30

The confirmation of 100% WI in Cambay is the starting point, then to bring back some wells online, it's always been low production but a steadily flow, pipeline infrastructure all set in place so the 2 new wells with the potential to go horizontally later on, the new management team are experienced in these fields of working so the upside outweighs the downside here at the moment

[super duper] 19/9/2021 18:23

Thanks, H2O



So they had A$4.31m in June, and now OEX paid USD2,2m, which is equivalent to A$3,02m.


So cash left now is circa Aus$ 1,3m which is about US 945K (£680k), not considering the opex for the last three months. Are my figures correct concerning cash? I want to research before I invest.

If they have $ billions of gas, as we are led to believe by some posters, it should be worth a few hundred million?

[southway2] 19/9/2021 15:26

I'm holding this and in profit .Amazed it's still at this mcap . I suppose just hold for further news and promises to materialise. It's massive

[h2owater] 19/9/2021 14:04

Cash resources at 30 June 2021 were A$4.31 million, including the US$2.2 million reserved for the Cambay PSC purchase consideration.

[super duper] 19/9/2021 10:50

Do they require further funding?

I understand they raised money at 0.25p to buy off. I thought OEX was expecting a £5m payment.

[geoffmanana] 19/9/2021 09:07

My pleasure Ashley

[bigpecs] 19/9/2021 08:07

People selling taking a big risk surely on the back of that news... GLA next week onwards and upwards hopefully ?

[inthemix] 18/9/2021 19:42

Very surprised this stayed so low, looking forward to hopefully buying on Monday... Can't find any reason why this shouldn't be 1p minimum just off the back of that news!

[shanew48] 18/9/2021 16:11

presumably #OEX trading in on the #ASX exchange $OEX should see a substantial rerate, how many hundreds of % remains to be seen!

[shanew48] 18/9/2021 16:11

Huge re rate expected next week into the 1p + area

[ashleyjv] 18/9/2021 12:34

Thanks for you help lol