it is interesting that the well is being used solely for scientific purposes, the so called 'proof of concept'. in the good old days, companies used to focus on making money, not any more, must be the 'new age' management strategy. my experience has been that companies that have no money, spend to get things right, dilute the company into something meaningless, generally go broke. the company is being set up here for more dilution and using the same tactics of the past, dilute at the bottom of the market.
it takes no business guru to see the incompetence of it all.
I heard on good authority that RM works part time for Inpex also, perhaps he should look at Oilex as a full time job.
OEX Price at posting:
6.4¢ Sentiment: None Disclosure: Not Held