re: Ann: CNOOC does not obtain final Chinese ...
Yes, they did find some oil shows, but not much - it was deemed to be an uncommercial quantity.
We can only go on the info that the company tells us, but it does not really look like they have any genuine "sweet spots".
I wish it was a better looking future for Exoma shareholders.
The company will make an announcement at some stage, and it will probably include a Cap Raising, but shareholders really do need to ask what is in it for the shareholders; and whether anything substantial is ever likely to be found. I think CNOOC have a view on this, and so do I.
EXE Price at posting:
3.5¢ Sentiment: Sell Disclosure: Not Held
