OEX 20.0% 0.6¢ oilex ltd

Oilex still viewed as single project : Cambay

  1. 1,722 Posts.
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    The sp has experienced massive volatility over the past few months .

    People are speculating that the SP in London is being manipulated down - and by bigger players than day-traders and pack-de/rampers and they may be right .

    This is not helped by the London market being full of intrinsically weak shareholders who are only interested in a quick buck and lack the vision to see that Oilex is an unusual opportunity which could become a mid-sized player like for instance Beach .

    Perhaps part of the problem ; as with Gulf Keystone Petroleum , is that the potential prize is too big which can lead to games being played .

    I don't think we would see such volatility if Oilex were able to make progress on multiple fronts ; Cambay and The Canning .

    Any thoughts on when native title may come through ?
 
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