SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : OILEX (OLEX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Omar who wrote (1924)12/11/1997 11:50:00 PM
From: Yiqun Xie  Read Replies (1) of 4276
 
Omar:

What percentage of royalty OLEX has for Australia property? I can not
find a clear number on any of OLEX press release and SEC filing.
Would you explain how OLEX income from that property relates to the
total revenue (or profit) of that property.

100-300 bbl/day is said on the thread but I can not see it from
company's revenue. Would you please tell me what is the production
volume for each past month (or at least, each past quarter)? What is
the production volume every day in December so far? Without those
numbers, I can not believe that swabbers are working at all.

I am a former and current OLEX shareholder. Even though I care
production volume and cash flow the most at this time, I absolutely
believe that the questions OFW and Prudent Investor are asking are
valid and pertinent, and the issues they addressed do have material
affect to the company. I do not care why they are asking those
questions, I just want to see honest answers to the questions. You
said that you will only answer "intelligent questions". I would like
to hear from you that what kind of questions are considered "intelligent"? If some of the questions can not be answered for the
benefit of comapny and shareholders, say so and explain why. Any
former, current and potential future shareholders have right to
answer any questions they consider pertinent. And in my opinion,
questions will not knock stock price down, but answers to the questions, or the way company answers the questions, will do.

Yiqun Xie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext