Oilleak,If I remember correctly, I said Innaminka was a buy at...

Oilleak,

If I remember correctly, I said Innaminka was a buy at 50, correctly valued at 70 and overvalued at a buck.

I think Rookwood will be a worthwhile commercial deposit, but Oilex is in day trader madness at the moment ... ran to 90, then back to 82 in the blink of an eye.

I think Oilex is a buy at 30 cents, fair value at 50 and overvalued at 70 cents plus ... we'll see how the traders that are dominating the stock react to the final well report.

If it's smaller than expected (ie 2mmbl or less), then things may not be pretty.

Ian Whitchurch