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AddLuck Veteran	30-Apr-2014 23:46        AddLuck About Contact  Quote this Post!
x 0   x 0  Alert Admin	Guys, no worries, come end 2014 and 2 quarters into 2015.........they would have completed 5 exploratory wells up at North Sea............we can judge from there.   Insofar,   they got one up in Oman in the 2nd well. The 1st well is not finding no oil........ they did not reach the required depth......... there are mud losses..... It meant   a catastrophic blowout will happen........ most likely cause is improper sealing of drilled pipes during drilling........a very dangerous incident. ..... must be capped and abundant.    Discount those in Trinidad and Tobago........ those are confirmed reserves.    Crucial thing now is surviving the next 8 quarters without returns and find money to drill those concessions before expiry.  soojinhou      ( Date: 30-Apr-2014 21:56) Posted: The analogy to magic stone is correct.  Rex Technology is a black box because it is not even patented.  And that' s precisely my point, because nobody knows how it works, no major player will want to buy the company out unless there is undisputable evidence that it works.  sheerluck      ( Date: 30-Apr-2014 20:41) Posted: Hi guys, chill. I don' t think interfact is running down on REX.   But really this " the founders were so careful with its intellectual property that no patents were filed"   is equivalent to me saying " Hi, I got a magic stone.   It can do wonders but I am not going to tell you how it does it.   Just trust me and put some $$$ in me."   But then who knows.   The magic stone may be real? Anyway, I thought the whole idea of patents is meant to protect their tech.   So why not?   REX is not a one-man show.   Surely their team knows about the techology and people come and go.   When they leave the coy, they bring the tech with them.   With no patents, they have no protection at all.   This is really questionable.   As ususal DYDD.
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soojinhou Member	30-Apr-2014 21:56        soojinhou About Contact  Quote this Post!
x 0   x 0  Alert Admin	The analogy to magic stone is correct.  Rex Technology is a black box because it is not even patented.  And that' s precisely my point, because nobody knows how it works, no major player will want to buy the company out unless there is undisputable evidence that it works.  sheerluck      ( Date: 30-Apr-2014 20:41) Posted: Hi guys, chill. I don' t think interfact is running down on REX.   But really this " the founders were so careful with its intellectual property that no patents were filed"   is equivalent to me saying " Hi, I got a magic stone.   It can do wonders but I am not going to tell you how it does it.   Just trust me and put some $$$ in me."   But then who knows.   The magic stone may be real? Anyway, I thought the whole idea of patents is meant to protect their tech.   So why not?   REX is not a one-man show.   Surely their team knows about the techology and people come and go.   When they leave the coy, they bring the tech with them.   With no patents, they have no protection at all.   This is really questionable.   As ususal DYDD.   soojinhou      ( Date: 30-Apr-2014 20:13) Posted: Can I point you to article " Rex International: Game Changer for Oil and Gas Exploration" published on 1/9/2013 that says: " Convinced that no other seismic solution for oil exploration comes close, the founders were so careful with its intellectual property that no patents were filed."   I don' t mind you running down Rex, honestly I don' t, but please don' t spew untruths and lies lah.  I agree with you, they may have hyped up their technology, and time will tell.  But as of now, no big player will buy their technology because it is unproven.
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interfact Senior	30-Apr-2014 21:19        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	Handogni=ballbal said spas55 Lim12888=Wan Si tong This soojinhou is somebody who is alrdy a  forumner here but create a new nick to harass ple. I know a lot what is happening here lah...dont test me.Rosesyrup got many nicks all kena exposed. Who else you want to know?? handongni      ( Date: 30-Apr-2014 21:03) Posted: it is because  Aberdeen123 = interfact = ...  哈 哈 哈 soojinhou      ( Date: 30-Apr-2014 19:44) Posted: I did not ask u anything, interfact told me to read their announcements.   I have read all and still can' t find which one has conclusively proves the efficacy of rex drilling.   So I' m asking interfact in case I missed out a earth shattering announcement.   He suggested that the technology might be fake because no major player has bought them out, but that won' t happen unless and until their technology is proven without a shred of doubt.
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handongni Elite	30-Apr-2014 21:05        handongni About Contact  Quote this Post!
x 1   x 0  Alert Admin	Happy holiday to all 嘻 嘻 ！ ！
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handongni Elite	30-Apr-2014 21:03        handongni About Contact  Quote this Post!
x 1   x 0  Alert Admin	it is because  Aberdeen123 = interfact = ...  哈 哈 哈 soojinhou      ( Date: 30-Apr-2014 19:44) Posted: I did not ask u anything, interfact told me to read their announcements.   I have read all and still can' t find which one has conclusively proves the efficacy of rex drilling.   So I' m asking interfact in case I missed out a earth shattering announcement.   He suggested that the technology might be fake because no major player has bought them out, but that won' t happen unless and until their technology is proven without a shred of doubt. Aberdeen123      ( Date: 30-Apr-2014 19:37) Posted: My posting did not mention abt their sucess rate based on their technology.Why ask me?You shld attend their AGM and ask the appropriate person.
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interfact Senior	30-Apr-2014 20:55        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks buddy you speak with wisdom..Haha 1 Corinthians 14:38 says 38  But if any man be ignorant, let him be ignorant.   sheerluck      ( Date: 30-Apr-2014 20:41) Posted: Hi guys, chill. I don' t think interfact is running down on REX.   But really this " the founders were so careful with its intellectual property that no patents were filed"   is equivalent to me saying " Hi, I got a magic stone.   It can do wonders but I am not going to tell you how it does it.   Just trust me and put some $$$ in me."   But then who knows.   The magic stone may be real? Anyway, I thought the whole idea of patents is meant to protect their tech.   So why not?   REX is not a one-man show.   Surely their team knows about the techology and people come and go.   When they leave the coy, they bring the tech with them.   With no patents, they have no protection at all.   This is really questionable.   As ususal DYDD.   soojinhou      ( Date: 30-Apr-2014 20:13) Posted: Can I point you to article " Rex International: Game Changer for Oil and Gas Exploration" published on 1/9/2013 that says: " Convinced that no other seismic solution for oil exploration comes close, the founders were so careful with its intellectual property that no patents were filed."   I don' t mind you running down Rex, honestly I don' t, but please don' t spew untruths and lies lah.  I agree with you, they may have hyped up their technology, and time will tell.  But as of now, no big player will buy their technology because it is unproven.
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interfact Senior	30-Apr-2014 20:49        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are contridicting yr self.Talk to you like talking to a wood. Go and scroll down all the posting and I am sure the CEO had said that somewhere .You cant read my posting go and hit the wall before spurting slander remarks against others.Who cares whtr the technology is patented or not in the first place. We all agreed to disagree.My view is not meant exclusively for you.Go and do yr homework before making yr first posting here,goondo. soojinhou      ( Date: 30-Apr-2014 20:13) Posted: Can I point you to article " Rex International: Game Changer for Oil and Gas Exploration" published on 1/9/2013 that says: " Convinced that no other seismic solution for oil exploration comes close, the founders were so careful with its intellectual property that no patents were filed."   I don' t mind you running down Rex, honestly I don' t, but please don' t spew untruths and lies lah.  I agree with you, they may have hyped up their technology, and time will tell.  But as of now, no big player will buy their technology because it is unproven. interfact      ( Date: 30-Apr-2014 20:00) Posted: That is what i meant.There is no report abt their drilling efficacy based on their technology.But their technology was patented as reported.How good is their technology is up to them to say unless verified by a third party expert.On hind sight think about its peers,how they do drilling?Have their peers not been successful in finding oil?What are their peers using? Dont you think they might have hype up their technology too much.
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sheerluck Supreme	30-Apr-2014 20:41        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Hi guys, chill. I don' t think interfact is running down on REX.   But really this " the founders were so careful with its intellectual property that no patents were filed"   is equivalent to me saying " Hi, I got a magic stone.   It can do wonders but I am not going to tell you how it does it.   Just trust me and put some $$$ in me."   But then who knows.   The magic stone may be real? Anyway, I thought the whole idea of patents is meant to protect their tech.   So why not?   REX is not a one-man show.   Surely their team knows about the techology and people come and go.   When they leave the coy, they bring the tech with them.   With no patents, they have no protection at all.   This is really questionable.   As ususal DYDD.   soojinhou      ( Date: 30-Apr-2014 20:13) Posted: Can I point you to article " Rex International: Game Changer for Oil and Gas Exploration" published on 1/9/2013 that says: " Convinced that no other seismic solution for oil exploration comes close, the founders were so careful with its intellectual property that no patents were filed."   I don' t mind you running down Rex, honestly I don' t, but please don' t spew untruths and lies lah.  I agree with you, they may have hyped up their technology, and time will tell.  But as of now, no big player will buy their technology because it is unproven. interfact      ( Date: 30-Apr-2014 20:00) Posted: That is what i meant.There is no report abt their drilling efficacy based on their technology.But their technology was patented as reported.How good is their technology is up to them to say unless verified by a third party expert.On hind sight think about its peers,how they do drilling?Have their peers not been successful in finding oil?What are their peers using? Dont you think they might have hype up their technology too much.
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soojinhou Member	30-Apr-2014 20:13        soojinhou About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can I point you to article " Rex International: Game Changer for Oil and Gas Exploration" published on 1/9/2013 that says: " Convinced that no other seismic solution for oil exploration comes close, the founders were so careful with its intellectual property that no patents were filed."   I don' t mind you running down Rex, honestly I don' t, but please don' t spew untruths and lies lah.  I agree with you, they may have hyped up their technology, and time will tell.  But as of now, no big player will buy their technology because it is unproven. interfact      ( Date: 30-Apr-2014 20:00) Posted: That is what i meant.There is no report abt their drilling efficacy based on their technology.But their technology was patented as reported.How good is their technology is up to them to say unless verified by a third party expert.On hind sight think about its peers,how they do drilling?Have their peers not been successful in finding oil?What are their peers using? Dont you think they might have hype up their technology too much. soojinhou      ( Date: 30-Apr-2014 19:44) Posted: I did not ask u anything, interfact told me to read their announcements.   I have read all and still can' t find which one has conclusively proves the efficacy of rex drilling.   So I' m asking interfact in case I missed out a earth shattering announcement.   He suggested that the technology might be fake because no major player has bought them out, but that won' t happen unless and until their technology is proven without a shred of doubt.
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interfact Senior	30-Apr-2014 20:00        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	That is what i meant.There is no report abt their drilling efficacy based on their technology.But their technology was patented as reported.How good is their technology is up to them to say unless verified by a third party expert.On hind sight think about its peers,how they do drilling?Have their peers not been successful in finding oil?What are their peers using? Dont you think they might have hype up their technology too much. soojinhou      ( Date: 30-Apr-2014 19:44) Posted: I did not ask u anything, interfact told me to read their announcements.   I have read all and still can' t find which one has conclusively proves the efficacy of rex drilling.   So I' m asking interfact in case I missed out a earth shattering announcement.   He suggested that the technology might be fake because no major player has bought them out, but that won' t happen unless and until their technology is proven without a shred of doubt. Aberdeen123      ( Date: 30-Apr-2014 19:37) Posted: My posting did not mention abt their sucess rate based on their technology.Why ask me?You shld attend their AGM and ask the appropriate person.
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soojinhou Member	30-Apr-2014 19:44        soojinhou About Contact  Quote this Post!
x 0   x 0  Alert Admin	I did not ask u anything, interfact told me to read their announcements.   I have read all and still can' t find which one has conclusively proves the efficacy of rex drilling.   So I' m asking interfact in case I missed out a earth shattering announcement.   He suggested that the technology might be fake because no major player has bought them out, but that won' t happen unless and until their technology is proven without a shred of doubt. Aberdeen123      ( Date: 30-Apr-2014 19:37) Posted: My posting did not mention abt their sucess rate based on their technology.Why ask me?You shld attend their AGM and ask the appropriate person. soojinhou      ( Date: 30-Apr-2014 19:31) Posted: Sure, if you can kindly point me to the announcement which conclusively proves that their technology works.
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interfact Senior	30-Apr-2014 19:40        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agreed with you. Aberdeen123      ( Date: 30-Apr-2014 19:37) Posted: My posting did not mention abt their sucess rate based on their technology.Why ask me?You shld attend their AGM and ask the appropriate person. soojinhou      ( Date: 30-Apr-2014 19:31) Posted: Sure, if you can kindly point me to the announcement which conclusively proves that their technology works.
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Aberdeen123 Senior	30-Apr-2014 19:37        Aberdeen123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	My posting did not mention abt their sucess rate based on their technology.Why ask me?You shld attend their AGM and ask the appropriate person. soojinhou      ( Date: 30-Apr-2014 19:31) Posted: Sure, if you can kindly point me to the announcement which conclusively proves that their technology works. interfact      ( Date: 30-Apr-2014 19:18) Posted: Get yr facts right.Go back and read their past announcements before posting  something  what you think it shld be..
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soojinhou Member	30-Apr-2014 19:31        soojinhou About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sure, if you can kindly point me to the announcement which conclusively proves that their technology works. interfact      ( Date: 30-Apr-2014 19:18) Posted: Get yr facts right.Go back and read their past announcements before posting  something  what you think it shld be.. soojinhou      ( Date: 30-Apr-2014 19:06) Posted: How are major oil exploration companies going to buy them out if the technology is unproven?  Rex prefer to keep their technology secret and chose not to file any patent, which, in my opinion, if the technology is as good as they claim, is the correct strategy.  So, other than the 10 or so trials they performed before IPO, the drillings they are performing now or in their pipeline are the real tests.  They hit oil on the 2nd attemp in Oman, that' s 50% success rate, the rate they promised in their IPO.  This is a Catalist stock, it' s either a wonderful opportunity or a dud, but please talk a bit of sense lah.
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interfact Senior	30-Apr-2014 19:18        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	Get yr facts right.Go back and read their past announcements before posting  something  what you think it shld be.. soojinhou      ( Date: 30-Apr-2014 19:06) Posted: How are major oil exploration companies going to buy them out if the technology is unproven?  Rex prefer to keep their technology secret and chose not to file any patent, which, in my opinion, if the technology is as good as they claim, is the correct strategy.  So, other than the 10 or so trials they performed before IPO, the drillings they are performing now or in their pipeline are the real tests.  They hit oil on the 2nd attemp in Oman, that' s 50% success rate, the rate they promised in their IPO.  This is a Catalist stock, it' s either a wonderful opportunity or a dud, but please talk a bit of sense lah. interfact      ( Date: 29-Apr-2014 23:02) Posted: If its technology is so great I believe Rex would have  taken over by major exploration company long time ago.Bcos they are small and new player hence have to come out something to make them like a nich player to suck in retailers..
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soojinhou Member	30-Apr-2014 19:06        soojinhou About Contact  Quote this Post!
x 0   x 1  Alert Admin	How are major oil exploration companies going to buy them out if the technology is unproven?  Rex prefer to keep their technology secret and chose not to file any patent, which, in my opinion, if the technology is as good as they claim, is the correct strategy.  So, other than the 10 or so trials they performed before IPO, the drillings they are performing now or in their pipeline are the real tests.  They hit oil on the 2nd attemp in Oman, that' s 50% success rate, the rate they promised in their IPO.  This is a Catalist stock, it' s either a wonderful opportunity or a dud, but please talk a bit of sense lah. interfact      ( Date: 29-Apr-2014 23:02) Posted: If its technology is so great I believe Rex would have  taken over by major exploration company long time ago.Bcos they are small and new player hence have to come out something to make them like a nich player to suck in retailers.. sheerluck      ( Date: 29-Apr-2014 22:31) Posted: REX hasn' t demonstrated any creditable earning yet.   Everything is " potential" .   I thought their unique selling point is their wonderful exploration technology so I am expecting a high hit rate.   Are they looking at the wrong place or their tech isn' t that great after all? With a NAV of US16cts and dropping current price still presented too much risk that is to me. DYDD
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interfact Senior	30-Apr-2014 11:37        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let me remind you guys this company is not into production hence dont expect big profit. The CEO alrdy revealed that before.They have no money to go into production.Drilling and exploration alrdy cost them so much.It will probably  end up like ramba looking for miniority stake holder to come in later. NAV only abt 18c.(USD13c) RoundRound      ( Date: 30-Apr-2014 09:46) Posted: Capital investments, resource deployments, they are going for the mid (around 2 to 3 yrs) to long haul return. If this share price can hold up above 60 cents, then when black gold start to shoot up at its so many wells, so will this share price. For high risk investors only, not for steady dividend plays. interfact      ( Date: 30-Apr-2014 09:33) Posted: Just to sum up....1Q14 net loss of US$2.5m, attributed to US$1.6m in admin expenses on its rapid expansion in operations and additional headcount in the Singapore office, as well as US$1.5m share of losses from jointly controlled entities predominantly on start-up costs.
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RoundRound Elite	30-Apr-2014 09:46        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 0   x 0  Alert Admin	Capital investments, resource deployments, they are going for the mid (around 2 to 3 yrs) to long haul return. If this share price can hold up above 60 cents, then when black gold start to shoot up at its so many wells, so will this share price. For high risk investors only, not for steady dividend plays. interfact      ( Date: 30-Apr-2014 09:33) Posted: Just to sum up....1Q14 net loss of US$2.5m, attributed to US$1.6m in admin expenses on its rapid expansion in operations and additional headcount in the Singapore office, as well as US$1.5m share of losses from jointly controlled entities predominantly on start-up costs.
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interfact Senior	30-Apr-2014 09:33        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just to sum up....1Q14 net loss of US$2.5m, attributed to US$1.6m in admin expenses on its rapid expansion in operations and additional headcount in the Singapore office, as well as US$1.5m share of losses from jointly controlled entities predominantly on start-up costs.
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Zindarion Veteran	30-Apr-2014 08:33        Zindarion About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just watch out for today how market react. I hope to see a massive sell down to below 0.55, then BB collect and buy up. Then i believe we will be looking for new chapter for this counter. Rex and Rhp are brother and sister manage by same bunch if ppl. Take a look on RHP rock bottom and massive rebound. That will be the point i might go in for a quick cash.
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