AED 0.00% 14.5¢ aed oil limited

marksman back in, page-6

  1. 1,079 Posts.
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    AEDs current management team are incapable of getting the oil out of the ground. They obviously do not possess the necessary skills to extract the oil in commercial quantity. The sp tells the story.
    So?
    So find somebody who can! Next month they will finalise just exactly who they partner with. Unless they - Dixey and Co. - are certifiable they will choose a partner who has the expertise to extract the oil in sufficient quatity to make the project commercially viable.
    My punt is not on Dixey and Co. - I wouldn't give you 2 cents for the lot of them - my punt is on them finding somebody who has the knowledge to get the oil out of the ground and make a big fat profit in doing so.
    Finally I might add that I'm not back in this "guns blazing". I took a nibble and am looking to average down. My position is just a fraction of what I had last October when it was trading over 5 times the current sp.
 
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Currently unlisted public company.

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