OEX 20.0% 0.6¢ oilex ltd

Ann: Partial Receipt of Outstanding Cash Calls, page-5

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  1. 73 Posts.
    This share has not been good to any of the former holders. You are getting in very low so it may be good to you. Please do not focus to much on resource size etc. we all thought we had it figured out at some point or another and then would realise we don't at all. It's been nearly 2 years since I lost all of my money on this share I'm a bit calmer now. I still clock in every now and again because I want to see the outcome. And by that the only thing I'm really interested in is the PSA placement. I think this will happen around march. Goodluck to you - you've gotten in low and may make some money. And yes I was suprized they paid their cash calls as that was what destroyed the drilling program 2 years ago. I am more interested in where they stand in relation to how they would stand legally if the psa fails and the resource is handed to someone else. Anyway I don't understand this share at all and you are foolish if you think you do. Hope you make some money the best way to go with this what you have done getting in low
 
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