At least there tried to raise a decent amount rather than just drip funding .
People underestimate what Ron has achieved in difficult conditions on a shoe string with very few wells .
Oilex's original agreement with Magna was for a farm-in . Ron never wanted to dilute the whole company . He tried to do it at a project level with an attendant reduction in financial commitments .
OEX Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held