OEX 20.0% 0.6¢ oilex ltd

Magna, page-14

  1. 1,409 Posts.
    lightbulb Created with Sketch. 3
    A possible T/O scenario that I think would be interesting involves OEX selling out of Cambay to Magna after (or before) positive/commercial flow tests, as Magna seems particularly interested in that asset. Then rolling the cash over into developing Canning, assuming the preliminary work proves positive.

    Magna may be interested in holding Cambay as a producing asset while entering into a JV with OEX in Canning.

    This is really crystal ball stuff I know. There's probably a thousand and one other better options.
 
watchlist Created with Sketch. Add OEX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.