RE: New investor26 Mar 2020 06:22
Qs. Unfortunately, at the cuttent share price there is no way a raising could give them anywhere near enough to develop Cooper. Joe has cut his hours drastically, wonder what other savings have been made? I suppose if costs could be reduced to virtually zero (probably impossible) and mothball everything there is a chance Oilex might come out the other side. If I was a betting man, which I am, probably 50 to 1 now.
Of course there are far more important things going on at the moment. At least the last twitches of Oilex are a distraction. Atb.