RE: gpsc6 Jun 2017 20:28
jamesc7
I was thinking the same..
Also Zeta and Magna could purchase all of Oilex for a lot less then they paid for their 20%/15% respectively. I wonder what their thoughts are now?
My take on today is, that too much importance was put on the workover flow rates, by PI's who don't understand the companies intentions. You only had to look at past history to see the had already worked-over C-70 less than three years ago, it's all about collating data for the PSC extension and it seems a farm out or even sell off of Cambay.
Could we be seeing a change of direction with Oilex and them moving out of India?
As negative as I have been on Oilex's long term prospects, I saw today as a good trading opportunity so took some at 0.18p (never thought I would again)