OXX
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0.00% 0.6¢ octanex limited

captial structure, page-8

  1. rivermore
    6,768 Posts.
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    05/05/13
    18:36
    Post #: 11724532
    Yeah, Albers long term thinking is on display again with his latest venture with OBL. It has huge upside and will end up as a free carried jv with an international super major.
    The biggy for me though is the NZ assets, the Matuku prospect is a very high COS and if it comes in, not only is it a huge payday with near term production, the leases to the West before vastly more prospective (and valuable).
    OXX Price at posting: 21.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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