News: Oilex climbs as resources upgrade brings production nearer, page-2

Interesting that broker SP Angel has a valuation of 8.4 pence and LSE share price is at 4 pence a 50% discount while we await the funding source for the asset. ASX OEX trading at a discount now at 7.3 cents but I am guessing once production and funding is secured OEX should be trading no lower than 15 cents. This really is a time for patience as it seems everything is falling into place with even those options having a possibility of coming into the money if everything falls into place.