OEX 20.0% 0.6¢ oilex ltd

Patersons and DJ both predicted similar amounts and they were...

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    Patersons and DJ both predicted similar amounts and they were the people doing the placement to sophisticated investors
    Spoke to one the oil experts at one of these cos and he said he just took the figures from 73 and multiplied by 4 for the 4 stages then removed 25% fat.His value if this happened was 25c
    Obviously things have changed a bit and the indications are we can expect much higher oil than was thought back then but the gas is still anybodies guess.
    Time wise we are definetly behind
 
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