The buy-side agrees with us mandurah. It's holding up strongly - absolutely no sign at this stage of any flinching, nerves or derisking. Surprisingly, touch wood, no snorters. But, then again, they can offer up a buying opportunity.
Until there is some reason or basis to think otherwise I'd be guided by the announcements - and, like you say, working through possible scenarios from cleanup through flow test results.
And somewhere in there we'll get further word on Canning - no hurry. I don't like to be too optimistic after being bitten a few times (still in recovery ward), but a good to ok/better than average Cambay outcome could see OEX building on that as a spring board to underpin the Canning project - with Magna on board. Of course building considerable market cap along the way.
All conjecture & hyperbole at this stage.
OEX Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held