Yeah but cash burn will due them in within 18 to 24 mths unless GA is prepared to stump up or they can get a JV on Ascalon that inc back costs. Have been trying to think of an O&G play that they could buy into cheaply (even as listed shares). MAY will spike up if Santos and co take up the Beehive option. Theres some deals around Portland on gas exploration, COE starting up in Bass Strait. A couple of others that I don't want to list. Website down so abit hard to contact them.
OXX Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
