Ascalon is on a short fuse, the clock is ticking. OXX only has it for a relatively short time. The time to do the dealing is now. Don't steer away from it. Concentrate on it. For the right buyer it is a valuable gas asset with a strong possibly of getting more hydrocarbons out of the deeper untapped structure. It would be absolute folly to waste this opportunity. The shareholders deserve(?) to get something out of the foray into oil exploration. My view is, every effort must be on Ascalon. Because of recent events, there is one obvious Australian buyer. Then when Ascalon is done and dusted, the new and improved business model can take OXX into a world of untapped opportunities be it gold or green or brown or whatever. IMHO DYOR
OXX Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held