Latest drill with no issues and well under budget. I'm wondering whether the percentage of funds not used by OXX in the drill is theirs or those who paid for the privilege to participate in this? Given initial costings where what 130-135 million dollars and final costs appear well under 100 million dollars. What are the anticipated cash costs per barrel? Market cap of 25 to 30 million to me seems cheap!!
OXX Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
