Unfortunately London is full of quick buck merchants who have no...

Unfortunately London is full of quick buck merchants who have no concept of what Oilex would be worth if Cambay and/or the Canning acreage reach a fraction of their potential .

If Oilex runs up to 20c pre results most of them will sell .

We desperately need an initial prospective resource estimate on the Wallal Graben conventional targets though even that will not stop them selling prematurely .

Although I am from England I've held Oilex since before they listed on AIM >

So many juniors issue equity willy nilly and it always ends up concentrated in someones hand leaving the company open to hostile advances .


What if the magnetic and gravity test have come up with ten 50+ mmbbl structures ?

With extremely high Aussie netbacks 50mm bbl net in that location in a half decent reservoir could be worth upwards of a billion dollars .