Great posts all round Lads. Summed up perfectly Chill. All that's left is the basin to prove itself, using technology that's been in use in the US now for just under a decade. The question will soon
be answered, hopefully, whether or not the Cambay basin is in the same league as the Eagle Ford and Bakken shales in the US or is more along the lines of a lesser quality shale. Ron has done all
he can up to this stage imo.
I think I bought in at 32c {Before 76H}, then again at 10c {twice} and 7c with the recent and not so
recent Cr's. I have sold all my shares some time back but remain heavily invested with the Oppies,
which are now showing a small profit for me. I will hold those to the bitter end.
After such a long wait,the planets are quickly starting to align now for Oilex. Fraccing imminent, a change to a pro- business Government in India with a huge majority, a cornerstone investor who
has converted their initial promise of cash for equity into shares in Oilex and added to their holding and for the longer term the Canning basin.
GLTAH
OEX Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held