OEX 20.0% 0.6¢ oilex ltd

News: Oilex climbs as resources upgrade brings production nearer, page-3

  1. 1,409 Posts.
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    AB - I suspect the script goes something like this:
    1. Engage Australian agent to deal on OEX behalf - tick
    2. Ann resource field reserves - tick
    3. Agent estimates current SP value at 8.4p - tick
    4. Coincidentally, that will translate to a SP of ~16-17 cents AU and bring the tales into play
    5. Tales convert to heads and bob's-you're-uncle the coffers are replenished with investor funds just in time to pay for the drill campaign
    6. But ........ the timing re step 5 may not be exact and there may be a need for short-term funding to kick proceedings off pre 15 Sept to ensure the tales raise the required spondooly.
    7. We all live happily ever after.

    Does anybody have any problems with this?
 
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