Uzay,
Thanks for sharing this! It would not surprise me Uncle Albers will release this positive development to the market about the Ophir contract or other projects before Matuku P&A
Any Malaysia banks would love to fund this development project given is a project from Petronas.
Simple maths
Revenue $500m
Cost ($200)
Profits $300
Oxx share 50%
Gross profit to Oxx US$150m, share issues 188m*(after PKO ) approx 90cts and this will keep possibly increase the SP!
No ramping here as my Cbs order at 8c still incomplete.
Cam
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ann: matuku-1 weekly progress report no. 6, page-13
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