OEX 20.0% 0.6¢ oilex ltd

Investor or trader - let's hope we're all smiling after the...

  1. 170 Posts.
    Investor or trader - let's hope we're all smiling after the frac.

    News on cambay is price sensitive - think the canning may be further away. With cambay oex in great position for monetising immediately. And the market should love this Unless canning has some fantastic leads identified (which you would not expect from magnetic survey) think that it will be difficult to stir up interest for a fast sell down.

    Been waiting a few years for this frac. Only days to go before it happens and we know flow rate and pressures. They should have a good idea from the logs and cores if they took any. Boom or bust - I'm banking on a boom given I've continued to accumulate options.
 
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