OXX 5.26% 3.6¢ octanex limited

nzog farms in to taranaki permits, page-9

  1. 1,390 Posts.
    Thanks for that shrewd
    I wouldn't have known, seriously talk about captain obvious
    If shell make a discovery does that mean we will be valued as a producer, of course not, paltra could be up to a dozen years away from production
    Look at the browse assets for example, how many years ago were they discovered, they are looking at a 2020 production schedule
    Face facts if a discovery is made at paltra it will be monetized one way or another by oxx before any production.....
    LNG projects are extremely long lead
    I think oxx is an interesting company, have followed for a long time and know it quite well, I am not a holder however. I was just making the point that linking a discovery at paltra to valuing oxx as a producer was extremely misleading given the huge time frames present....
 
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