OEX 20.0% 0.6¢ oilex ltd

Excellent news but derampering continues, page-28

  1. 240 Posts.
    Judgement has been ridiculed and most incidences, what has been called good judgement has been more about good luck in reality. What CAN be done is something that RM doesn't seem to know about yet, and that is planning. For the past 3 years, the plan has been the same, drill several wells into the Y zone, fracc as best we can under the circumstances and also drill a well into Z zone to explore for oil.
    So where does the planning come into play? Let me see.. hmmm, if I know what I need to do, I know how much it will cost, and I really need all these wells to be commercially acceptable and it needs to be done fast, then I raise the funds to do this. Judgement comes into the equation to determine timing, but knowing that a well will be drilled that is likely to create a burst in sp, you would be ready to pounce on that occasion.
    But keep this post to yourself, some guys (who use the ignore option) don't want to know the facts or the truth.
    Don't assume that a few negative comments on HC changes the sp. thinking that short sellers use HC to make money is somewhat naive. Knowledgeable shareholders make intelligent shareholders. Seeing both sides is important and is good for the soul.
 
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