The truth about India is hard to find. Dealing with corrupt governments is a nightmare. To assume Oilex has control of India operations would be naive. You either fit in or fly off. I'm betting on the fly off option. India will destroy, they have done it to most internationals. Why did previous India management go? Maybe they didn't fit in! So maybe Ron fits in! We will see soon, I hope. What concerns me is that this new well is being managed by the same team as the one that screwed the last well? Am I paranoid?
OEX Price at posting:
4.4¢ Sentiment: ST Sell Disclosure: Held