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If Oilex's costs for Cambay 76 are being carried by their...

  1. Mortie1
    27 Posts.
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    10/10/11
    04:51
    Post #: 9118028
    If Oilex's costs for Cambay 76 are being carried by their partner I think it would be mentioned somewhere. I have never seen any announcement to this effect, if you have, then please share.

    In accounts to June 30,2011, Oilex are showing trade and other payable of >$7mm and receivables from JV partners of > $2.5mm, to me that's pretty clear evidence that they are not being carried, but I would delighted to be proved wrong
    OEX Price at posting: 22.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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