My understanding is that Oilex is a "producer" and "explorer". Oil is being produced in India. Refer attached:
http://www.oilex.com.au/files/09Jun30%20Quarterly%20Report%20Ops%20Review%20final1.pdf
Can any one comment further on this?
30% rise and now a trading halt. Hopefully there is some decent news re south africa on the way. I have been holding these for a while... waiting.... waiting...
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