That is surely what the board will do. perhaps a day off for Australia Day tomorrow and then consider how to go forward.
The call for BM to be sacked is not loud and unanimous. It reminds me of the situation in UK when a Permiership manager loses a few games. Not appropriate here.
There is little point in leaving cash in the bank. The only way forward is to use it wisely and hope to establish commercial reserves. It seems that heading the list now will be WA-388-P: Carnarvon Basin. Adding to that I look for news on Indonesia which appears like a millstone tound the neck for Oilex.
I look to see fighting talk from the board. There are times when luck runs against you. Presently for Oilex there is lots of it running against you guys. You are still there so I look to you to follow my motto: "Vincit Perserverantia" - in a nutshell, perseverence conquers.
OEX Price at posting:
12.4¢ Sentiment: Hold Disclosure: Held