Well at least we know a bit more about how the market views OEX.
Nearly no interest in canning survey progress. Even with a possible reserves upgrade in 8 weeks.. Including UK investors.
Large impact for a relatively small execution issue on cambay. Though volumes dropped off after capital raising discounted shares dried up.
It's could be a wild ride over the next few weeks. Any drill problems ( whether reported or not) will see the price heading south rapidly. A flow test could put us in an upward spiral which would be amplified by a good result on canning (or if I dare to dream a sell down with free carry which put the now annual or bi-annual fund raising off the table for a few years!)
Exciting times. 15c is the magic number for those of us weighted on the options - like me and some management seem to be..
OEX Price at posting:
7.0¢ Sentiment: Hold Disclosure: Held
