In relation to OEL fellas note the following info from the QTR'ly..
Look at section 1.1 on cash flow - they've made no money this qtr. L
ook at 3.1 - they have exhausted their debt facilities.
Those together signal warning signs.
They continue to raise money with placements below market price, which will put downward pressure on SP.
I suggest hold out on OEL for the above reasons - happy to be wrong but better safe than sorry
In relation to OEL fellas note the following info from the...
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