Well i guess here, we have a very easy formula - a discovery in Gawain could worth over 100M or 50c for OXX and add more $ if further discovery is made at Galahad.
Even if we miss this one or both, Oxx investments and cash = 40m plus 7m from Santos that is worth = 32c a share OXX
So if you guys can get some at 30c i would say certainly a great value buy.
No advice here as always DYOR
Cam
600m left to primary target, page-17
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