To be fair to RM his background is engineering so IMO spinning...

To be fair to RM his background is engineering so IMO spinning and PR is not what most engineers are comfortable doing. Have you watched some of the interviews RM has given about Oilex on youtube? Quite conservative in his expression and communication skills and likes wearing yellow ties! I agree it has hurt the share price with the problematic language used in announcements but I think there is a lot ridding on this proof of concept well to give out false information by pumping the share price on spin.

However one thing that troubles me about what Rusty was apparently told by Ron...

"also that they did not want the price to run way ahead of itself…."

What does that actually mean? Most companies would welcome a rising share price not to mention RM personally benefiting with his share of options and shares rising in value. It was a strange comment if it was true and may indicate there are some behind the scenes deals being discussed. I just hope smaller investors do not get a raw deal in this process as I am confident in this coming good but impatience will see smaller holders fleeced from their shares for whatever purpose. Much has been said about all the selling over the last few months but for all these sellers there are still buyers? You have to ask the question why are there still buyers if it is all doom and gloom for Oilex?