OEX 20.0% 0.6¢ oilex ltd

I see a lot of cynicism on here about the company and its...

  1. 16 Posts.
    I see a lot of cynicism on here about the company and its management. Yes, they made a total balls-up of 76H (under different leadership), and yes the recent "surprise" CR was a bit of a slap in the face for PIs.

    However, as far as I can see, everything to do with 77H has been managed well. Timeframes have been given and adhered to, and the problem with the rig (which was entirely down to Essar, not OEX) was reported immediately, and fixed within the specified time. They have kept the market informed every step of the way, and everything in their control has gone smoothly.

    I'm not saying RM is some kind of genius, or even a particularly nice guy, but it seems to me the amount of flak he gets on here is at odds with management performance on 77H thus far.

 
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Currently unlisted public company.

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