OXX 0.00% 0.6¢ octanex limited

progress report # 8, page-31

  1. 2,090 Posts.
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    "Unfortunately, for mine it may have been 50:50 (at best) at start but now I suspect it is more like 5% (hit): 95% (miss)."


    I understand that the delays are frustrating and understand that statistically it will be a duster, however tell me how do the delays affect the COS? How do we go from 50:50 to 5%, primarily because of the delays? I do not have rose tinted glasses on, and the nay sayers will more often than not be right, purely based on statistics, however it is not over until they drill the targets and report. To my knowledge, at this time they have not done so, and so nothing has changed.

    What I will say is that thank goodness OXX is not paying for this as it must be getting to be a bloody expensive hole in the ground!!

 
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