OEX 20.0% 0.6¢ oilex ltd

Magna, page-60

  1. 1,722 Posts.
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    I wouldn't mind selling Magna the Cambay if the price is right but have no interest in selling my Oilex shares .

    100% of the Wallal Graben must be worth 15c share as soon as an exploration permit is granted - it offers sufficient scale to interest the big boys and is close to infrastructure .

    What will it be worth with say a farm in with a carried 6+ well drilling campaign ?

    Seems like certain parties are trying to plant this idea in our heads that we don't deserve to own shares in a company with such stellar potential .

    Nobody in their right mind would be thinking of selling out for anything like the figures being mentioned . This has a long way to run .
 
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Currently unlisted public company.

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