OEX 20.0% 0.6¢ oilex ltd

Ron has taken the hit

  1. 158 Posts.
    I think that Ron Miller was unfairly castigated, and the share price driven down by the constant pressure to release news (mainly by the impatient share gamblers) when there was little of substance to report.

    Since he has that verbal attack situation behind him now, I see no need for Ron to make any early / interim announcements. I would expect Ron to get all his ducks in a row before his next announcement - irrespective of the pleas for updates (once bitten twice shy).

    I have been in the oil business since February 1973 and I am still working today in Kurdistan, and I think we should all realise that drilling, fracking, testing and completing oil and gas wells is no 'easy peasy' thing especially with long lateral wells. I can easily sit in my office and criticise everything I read - but I don't know what problems they have in the field with the well or equipment or personnel, the camp, their water supplies, or weather etc.

    Joatmon
 
watchlist Created with Sketch. Add OEX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.