OEX 20.0% 0.6¢ oilex ltd

BH you make some good pointsHowever point 2 on management is for...

  1. 2,252 Posts.
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    BH you make some good points
    However point 2 on management is for the time being a mute one
    This company will live or die on execution risk and this is out of our hands at the moment but fortunately in very capable hands
    Post fraccing regardless of result there will be a sector who would like to reward RM with the boot for intransigence and unneeded dilution
    .The dilution is an unescapable crime but as an outsider it is difficult to measure performance
    Political risk will never dissappear regardless of election results but India does reduce the impact compared to say Africa
    My understanding of lease conditions were leases are renewable if we choose to to so for many years to come.I remember when i found the date i just thought almost irrelevant and it was confirmed by RM at a shareholder meeting i went to
    Just weeks now to find out if we can extract know oil or not
    would love for you to get your 80C back
 
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Currently unlisted public company.

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