OEX 20.0% 0.6¢ oilex ltd

Negative or Positive outlook for Cambay etc?, page-3

  1. 1,815 Posts.
    I think you hit on a key point there that the market will only wake up once OEX are consistently producing gas that is sold and milestones are positively reported to the market. As many have mentioned long-term investors have been seriously burned so it will take time for investors to develop trust in OEX direction in 2015. Nothing to do with downramping but facts about the way investors have been treated which hopefully is about to change if OEX is to become a serious player in this market.

    Just looking at some of the other companies in this sector that are just exploration without producing anything yet spiking higher than OEX such as UK Oil & Gas on LSE shows the potential upside. If the market thought OEX was worth close to 20 cents over 6 months ago on less information it is possibly the market is undervaluing the advanced stage OEX is in delivering in this emerging gas market.
 
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