Sometimes it is handy to watch interviews that Ron Miller has given with Proactive Investors. Cambay seems to be the central focus at the moment. Towards the end of the interview he briefly talks about Canning as the future and Cambay the near term focus. IMO anything with Canning will be contingent of success at Cambay which may mean Canning in 2015. Also of note Ron hints that anything is for sale at the right price which may mean if Magna offers a good deal we could all be in for a windfall.
Oilex Excited About Potential of India Well
https://www.youtube.com/watch?v=H6nP6G89IBU
As for canning I really don't know if Australia is a good place to be doing business at the moment with the Libs ghastly budget, The greens environmental hurdles and Labor Union thugs wanting their excessive share as demonstrated by those tugboat workers attempting to hold those large companies to ransom by going on strike. Something like that would bankrupt OEX pretty quickly IMO.
OEX Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held