Current Value of OXX Investments:
CUE 43,656,168 $0.21 $9,167,795.28
BBP 11,263,289 $0.08 $844,746.68
OIP 10,972,973 $0.07 $768,108.11
CTP 10,000,000 $0.11 $1,100,000.00
CTPO 5,000,000 $0.07 $325,000.00
GGX 6,140,000 $0.03 $165,780.00
MOG 11,548,806 $0.12 $1,385,856.72
BAS 4,000,000 $0.04 $140,000.00
PTS 50,000 $0.10 $4,750.00
GLD 16,081,597 $0.10 $1,608,159.70
GLDO 16,081,597 $0.01 $160,815.97
$15,671,012.46
Just read through the Half Yearly to see OXX now holding 16+ million shares in "Goldsborough" (GLD). GLD must have needed a cash boost to continue operations in Bonparte and Browse basins. Don't be surprised to see it merge with OXX in the near future or list publicly.
OXX have a 4% Interest in MOG and a 6% Interest in Cue. That provides them with 1.5% indirect exposure to Artemis.
CTP kicking off Phase 2 in Q2/Q3 will add some significant value to OXX in the event of a discovery. Remember these guys are going after Multi-TCF and billion barrel prospects (Johnstone).
Then there is also the $25 million sitting in the bank. Plus a mssive 3D seismic funded by OMV/ENI (2 majors) and a well committment, anticipated to be about US$50 million. Hence why OXX could have opted out and taken US$16 million.
Talk about a diamond in the rough!!!
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