What do we make of this.
Spin on the fact that we have another step toward proof of concept but what I am really looking for is proof that we can produce commercially.We have not done this.
We need another well to do this and if the oppies are going to survive it needs to be done fast
The market seems to have factored a lot of this in so prices will stay more or less where they are and come down to about .05 /04on oppies where it is hardly worth selling at all .We then wait to see how quickly oilex can get it together for the next well
Cash neutral but we will need money for the next well
OEX Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held