SYN 0.00% 0.1¢ synergia energy ltd

they wont hold BOW imo. Its none core and can be sold to raise...

  1. 5,609 Posts.
    they wont hold BOW imo. Its none core and can be sold to raise cash. I would rather see the money go into a couple of early producing oil wells in Cambay myself. its obvious that oex is raising money. i will be happy about this given the environment but we need to see some real cash to sort this out once and for all so people can focus on the assets instead of the falling share price and second guessing the money flow. i dont think oex would need a large amount of cash to push into several more producing wells in india. time will tell. Oex can produce oil for zip, so any price around here is fine by me. i can't see oil being oversold for to long since the US dollar is coming off and OPEC's cuts will eventually wake the traders up imo.dyor since we don't have long to find out.
 
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