OEX 20.0% 0.6¢ oilex ltd

so, back to the OP. what are the thoughts of the esteemed OEX...

  1. 91 Posts.
    so, back to the OP.

    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.
 
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