OEX 20.0% 0.6¢ oilex ltd

OEXO - Extend the Options !, page-11

  1. 271 Posts.
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    Oilex appear to stoking the boilers in the last little while with a certain lifting of the flacid SP now.....and not before time. It would be nice and cannot be ruled out that the Oppies may very well be "in the money" at some time in the next few weeks or months - this would likely make funding an easy ask for the coming drilling and developments. I recall around 1$ million simply rolling in the door for Oilex during the brief 15 to 21c SP period last year and repeat would be on the cards if a sustained and significant rally takes place. A company notice of "SELLING GAS" into the local bakeries and glass works of a gas starved Gujarat would go a long way in sustaining a much higher SP. An extension of Oppies is still a strong argument.
 
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