Oilex - Live Discussion

whitestallion 21 Jun 2016

Re: Article to read on India oil/gas nee... presently I need 4.8 ish p to break even, overall still in profit with this outfit even if it dropped off the cliff now, but I am beginning to think that just maybe and at this price the chance of decent upside is greater than notCapt. morgan

MR NIEVE 21 Jun 2016

Re: Article to read on India oil/gas nee... I don't think 2.5K would be such a big risk to you,upside could be huge,but negative is still management .back down to pre news level already,so frustrating that they can not control projects to roll out continued good news,but cant be surprised about that ,they have never been good at that.I have enough shares in these and would not risk another penny,but you are probably in a much better position than me.

whitestallion 21 Jun 2016

Re: Article to read on India oil/gas needs..... I did actually buy a few more of these last Friday, not a great amount just cleared out my cash holding, but am now considering taking a risk and maybe purchase 1/2 mill of these (£2500 ish) comments welcomeCapt. morgan

HPC Follower 15 Jun 2016

Article to read on India oil/gas needs... An interesting article on India's economy and energy needs; not quite up to date but quite a lot of potential for OEX.[link] share price will increase when, and if, a) gas sales grow and revenue is reported; b) a Cambay field development plan is agreed and reported, hopefully with the last funding increment from Zeta and the money owed by India promised or paid; c) farm-in arrangements (assumed positive) for the Australian venture.I'm not confident enough to buy more shares in OEX now, but I will HOLD for the foreseeable future.

whitestallion 15 Jun 2016

Re: Good News for once nearly back to pre news priceCapt. morgan

MR NIEVE 13 Jun 2016

Re: Good News for once Don't count the chickens yet.

goodoil 09 Jul 2015