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Rex Intl
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The next chapter
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tec96157
Senior |
20-Feb-2026 11:04
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Don' t think too much, just go for RH Petrogas with not much worries about the company. | ||
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Joelton
Supreme |
20-Feb-2026 10:41
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Rex International guides for FY2025 net loss subsidiary Lime Petroleum weighs merger, restructuring among other options Rex International Holding says it expects to report a net loss for the FY2025 ended Dec 31, 2025. The losses mainly stem from &ldquo significant technical complications&rdquo from the drilling operations in Benin, which resulted in a &ldquo material increase&rdquo in drilling costs. The complications have also delayed production by several months in 2HFY2025. In a separate announcement the same day, Rex&rsquo s subsidiary, Lime Petroleum Holdings, says it is considering &ldquo available alternatives&rdquo including potential mergers or asset transactions amendments to its existing debt facilities and a broader financial restructuring, to bolster its balance sheet and secure a sustainable capital structure. The company has appointed ABG Sundial Collier as financial advisor and Arntzen Grette as legal counsel to undertake a comprehensive strategic and financial review. Rex adds that the higher costs and production delays from the Benin complicationshave had a &ldquo material adverse effect&rdquo on Lime Petroleum&rsquo s financial position. The company&rsquo s management team are taking &ldquo all appropriate actions to safeguard creditor interests and maximise recoveries,&rdquo it says. Rex expects to report its full-year results on or before Feb 27. As at 10.43am, shares in Rex International are trading 0.3 cents higher or 2.07% up at 14.8 cents. |
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piscesmonkey
Supreme |
20-Feb-2026 10:18
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Within 10days oil will keep moving up. Until iran give ans? And also israel may action 1st during this weekend? | ||
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Chansenghoe1971
Elite |
20-Feb-2026 10:07
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I beleive there may be trading halt to address this issue
However devt in the war may not benefit rex Some insider flushing out Someone probably naively collecting Not sure Very slipoery company |
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piscesmonkey
Supreme |
20-Feb-2026 10:06
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Oil pump up again.
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piscesmonkey
Supreme |
20-Feb-2026 09:57
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Last night US oil counter chiong up. Maybe this weekend some action from israel? | ||
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LZLOmega
Veteran |
20-Feb-2026 09:48
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Amaggadon is our only salvation, that will liberate as from this treacherous world
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Chansenghoe1971
Elite |
20-Feb-2026 09:42
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Some substantial exit
Someone desperately supporting the price |
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CheongArgh
Master |
20-Feb-2026 09:02
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Russia is involved, this time round. DT probably waiting for their war exercise to end before any action.
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MrBear12
Supreme |
20-Feb-2026 08:12
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Guys we have ten to fifteen days before Armageddon
Lets start praying really earnestly For the life of this world |
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Chansenghoe1971
Elite |
20-Feb-2026 08:07
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Metaphorical BOMB the BOARD I Mean
SJ defunct the open and close inverted comma
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Chansenghoe1971
Elite |
20-Feb-2026 08:05
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Not so new news
Yesterday event Likely sabotage caused by inner circle people Friend no need keep updating cos 99% erupt 22/2 is good number it seems Wait for price fo get back to your 230/235 where you were stucked since last June (sorry known secret here) No hard feelings
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Chansenghoe1971
Elite |
20-Feb-2026 08:01
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99% war
No other option on the table But company wise Rex is sheer RUBBISH I am holding huge stakes and already kn deep green Not happy about it though Prolonged war with Hornuz shut down likely drive oil back to 100 Rex may revisit 20 series but Rex is simply empty balloon waiting to be prick Changing Iran regime MUST WELL CHANGE REX MANAGEMENT SHAREHOLDERS SHOULD ATTEND AGM TO BOMB THE BOARD!!! |
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piscesmonkey
Supreme |
20-Feb-2026 08:01
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🚨 BREAKING: A powerful blast was reported at what are described as ammunition and military fuel warehouses in Shahriar, Tehran province. Everything you need to know: https://www.newsrael.com/posts/215k7tnkafo |
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piscesmonkey
Supreme |
20-Feb-2026 07:56
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US President Donald Trump is weighing an initial limited military strike on Iran to pressure Tehran into meeting his demands for a nuclear agreement, the Wall Street Journal reported, citing people familiar with the matter. The opening assault, which if authorized could come within days, would target a few military or government sites and be designed to pressure Iran into an agreement while falling short of a full-scale attack that could inspire major retaliation, the report said. If Iran still refused to comply with Trump&rsquo s directive to end its nuclear enrichment, the US would respond with a broad campaign against government facilities &mdash potentially aimed at toppling the government. https://iranintl.com/en/202602193924 |
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wehuattogether88
Supreme |
20-Feb-2026 07:29
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At the inaugural Board of Peace meeting, US President Donald Trump said Iran has 10 days to make a "meaningful deal" with the US, or else "bad things will happen".
Is this just a say only or it will happen in less than 10 days? |
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ysh2006
Supreme |
20-Feb-2026 06:36
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Oil price up $1.6 while DOW down 267 points.... | ||
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MrBear12
Supreme |
20-Feb-2026 02:53
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Everyone regardless of religion are praying fervently for peace and good sense to prevail
Everyone, including animals like 🐻 , 🐴 , and 🐒
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piscesmonkey
Supreme |
20-Feb-2026 01:37
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The USS Gerald R. Ford is proceeding at full speed and is expected to enter operational territory in the Middle East by "the end of this week."... waiting for USS Gerald R to reach.🤣 | ||
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piscesmonkey
Supreme |
20-Feb-2026 00:03
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President Donald Trump said ?bad things will happen? to Iran if it doesn?t agree to significantly scale back its nuclear weapons program, issuing the warning as the U.S. builds up a massive military presence in the region in preparation for a potential strike. | ||
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