The announcement seems to have a lot of meanings which is probably confusing the market. From what I am gathering because this is a proof of concept well with the first one to flow back in Cambay it appears they have got the chemical treatment wrong which has been acknowledged by Oilex in that they stated "valuable data and information is being compiled for future activities." Maybe this is the reason the share price is looking grim as a lot of time and money has been spent to get only these results. Will it be enough to complete another placement or capital raising to get the formula right at Cambay?
Ann: Cambay-77H - Flowback continues, page-9
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