what are the thoughts of the esteemed OEX share-holders, of some scenarios and affect on share-price [SP]:
* flow tests for commerciality? [SP?]
-- get bought out, by a bigger producer ? [SP?]
-- do a deal with Indian govnernment ? [SP?]
-- capital raise for next set of wells ? [SP?]
* Canning Basin
-- drilling program? [SP?]
i bought a huge chunk at $0.30+ and was laughing (on paper) when SP hit $0.55 but was crying (on paper) when SP was at $0.04+
after losing a year's salary with BCC (Buccaneer Energy), OEX has given me some hope in the risky business of oil/gas exploration.
OEX Price at posting:
16.5¢ Sentiment: None Disclosure: Held