OEX 20.0% 0.6¢ oilex ltd

India Update, page-9

  1. 1,390 Posts.
    lightbulb Created with Sketch. 17
    Further to my last post..one wonders about Zeta...
    At about the same time the Co. was getting interested in OEX..
    MILLIONS of dollars was or being spent in trying to get a major
    interest in non producing speculative "deep water"play
    Pan Continental [ PCL]..at 0.004c..

    To be sure ..if Zeta had access to the millions for, in my opinion, a perhaps
    lesser quality 'Book Value' investment with at least equivalant risk, it
    is hard to believe that all of a sudden it has been 'spooked'
    by what appears to be a non-descript issue between long
    standing operational partners ...not withstanding that
    Cambay is in production..and PCL is not..

    Cheers..
 
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