OEX 20.0% 0.6¢ oilex ltd

Ann: Cambay73 Production Facilities Completed, page-4

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  1. 271 Posts.
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    New video out from Captn Ron -
    https://www.ig.com/uk/market-insight-videos?bctid=4201051360001&bclid=3671160850001

    Good progress and a positive nod to OEX from me !

    The very interesting aspect of the video was that "all options" were on the table for future funding especially as they have just booked OIL/GAS reserves - including DEBT raising to fund the next longer multi-fracced drilling.   If they can long-term debt it without a diluting cap-raising this will rocket imho.
    A std cap raising will hold things steady  - with a little longer till actions station on the SP.  All positive and finally lighting up these old foundation stones!
    Last edited by gregororius: 28/04/15
 
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