So much for recent promises about drilling up to a glorious oil production level at Cambay before year end.
The dogs in the OEX offices need to be weaned off eating reports, and the swords need to be lined up for some directors and management ready to do the old Japanese falling trick.
A good Timor farmout and subsequent great discovery on hole one really is our only obvious hope, and that before the cash is gone.
Well this is my dud for the year. Not the right day to cut my losses imho, but I certainly understand the mass capitulation. I just can't understand the buyers.
EL
OEX Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
