Oilex Ld Share Discussion Threads

[geoffmanana] 01/11/2021 12:51

Just bought 5m at 0.1988p......not showing yet.
Probably show as a sell later.

[jrlomax] 30/10/2021 13:20

Why where there no costs associated with that contract

[theaviator] 29/10/2021 15:28

Yeap it'll come am certain..

[daftweejock] 29/10/2021 10:54

Big time. Everything falling into place.

[southway2] 29/10/2021 10:54

All good here and that rns confirms once ratified we'll be rolling

[geoffmanana] 29/10/2021 08:29

There is a chance that this drop in the share price will give OEX the opportunity to put some pressure on the Govt of India. My reasoning is that OEX have said they will need funding for the two drills planed, and the lower the share price gets the more difficult this will become. OK I know they are looking for a farm in, but surely it matters to be in a position of strength.......Just my opinion.

[neversatisfied] 28/10/2021 16:39

I know that is exactly what I'm saying. Jeez hard work these boards sometimes lol.

[daftweejock] 28/10/2021 13:59

It's not in their control so they can't say anything else. It'll come when it comes.

[neversatisfied] 28/10/2021 13:41

Yes but they have said coming months for months. So who knows

[zen12] 28/10/2021 13:16

Not quite today, it does say coming months straight from the horses mouth...>> Government of India approval for the transfer of the 55% interest in Cambay which the Company purchased from GSPC is expected in the coming months, following which Oilex will hold a 100% participating interest in Cambay.

[neversatisfied] 28/10/2021 12:40

Nothing has changed. We didn't know when GOi would give approval and we still don't. Could be this afternoon, could be next year. Only thing that has changed is today is a better buying opportunity than yesterday. GLA.

[theaviator] 28/10/2021 12:37

Great buying opp. Yes please :)

[demark] 28/10/2021 12:15

those who have limited
knowledge in any dealings
in india, ought to know
nothing moves without
a backhander!!!

[geoffmanana] 28/10/2021 11:55

OK I accept that, but look at The Market reaction.
I think that when approval is given (why is it taking so long) the share price will take off.

[ashleyjv] 28/10/2021 11:31

In fairness, they have posted that line with every RNS because they don't know when India will approve the sale etc

[geoffmanana] 28/10/2021 11:14

"....Government of India approval for the transfer of the 55% interest in Cambay which the company purchased from GSPC is expected in the coming months...."
Equals more delays, which equals uncertainty, which equals fall in share price.

[bullrun1] 27/10/2021 17:11

Be interesting to see if there is any late reported shares.

[ccr1958] 27/10/2021 15:00

Isn’t there some hearing for this tomorrow ?

[cool hand kev] 27/10/2021 13:05

I’m back in with a smaller holding

[theaviator] 26/10/2021 22:51

They said October didn't they so.... Fingers crossed.

[bullrun1] 25/10/2021 16:19

Definitely more sparky..

[bigpecs] 25/10/2021 16:13

Boom ? GLA