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Posts Categorized: Oilex
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OILEX UPDATE – DISAPPOINTING BUT LIGHT REMAINS AT THE END OF THE TUNNEL
News this morning from Oilex relaying essentially that they still remain locked in alternate settlement talks with GSPC over the long running Cambay field dispute was not what bulls of the stock were looking for (including us) but, we believe that there is light at the end of the tunnel and intend to take advantage […]
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Oilex update – stage is set for an imminent resolution with GSPC & a return to drilling in 2019
Oilex updated investors with its December 2018 quarterly report yesterday which set out the clear progress made over the last three months. The key element to us was news that the company has well-advanced plans for the 2019-20 (April 2019 – March 2020) work programme and budget (WP&B) which involve the drilling of up to […]
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Align Research Top 10 Picks for 2019
To say that 2018 was a “trying” year is somewhat of an understatement. For many small and micro cap stocks, particularly the capital hungry ones and those where delivery by management of market expectations was non-existent or lacking, this resulted in almost decimatory declines for existing shareholders. The table below of the wipeouts suffered by […]
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Oilex update 22 Nov 18
We had a brief chat with Oilex management this morning and can provide the following interpretation of events our side: 1. Firstly, we have been asked about Republic’s sales and whether there is anything to read into this. We cannot comment for Republic save to make the point that they reduced down on the equity […]
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Zak Mir interviews Joe Salomon of Oilex
Zak Mir interviews Joe Salomon, MD of Oilex. Click the play button to listen to the audio. https://zakmir.files.wordpress.com/2018/11/oex.m4a Key questions/points discussed: 1. Given the High court of Gujarat ruling can you confirm that you expect to be back in the field in 2019? 2. We note the comment in your last RNS includes a reference […]