Spot on boysy & mandurah.
For mine, RM has managed this very well - no problems.
30 days is exactly what we don't want at this stage of company re/building.
If all goes well with 77H and OEX I'll be on a plane back to Oz for the next AGM so I can thank Ron personally and shake his hand.
I expect I won't be alone. I will look forward to meeting madurah, just a short trip up the bitumen for you, and BD, boysy etc ........ but will I have the pleasure of finally meeting BH and wantono - our will you still be in high dudgeon, bitter at Ron's success?
My understanding is that OEX wants to establish:
. proof of concept from this well i.e. commerciality of the Cambey region's deep tight gas/liquids play using US fracc technology and
. bankable reserves of commercially available resource
. a re-rating of its market cap
. immediate off-take sales to get the income stream rolling.
This will then allow OEX to:
. establish a commercial business case to underpin funding for full field development, and/or
. ripen OEX for take-over.
I tell you, BH & wantono would be absolutely puking if they read the posts on Interactive Investor, the UK equivalent of HC. Nary a cross word for Ron.
OEX Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held