With respect, in business in general, nobody intends to end up with nothing!
But they often do.
At the small end of the oil business in recent years it has almost become the norm rather than the exception.
I have a lot of respect for Geoff, my comments are not meant to be negative.
Just as I see it.
Seeing the current projects through and taking the money is a valid business model IMO.
It is an incredibly tough business which I'm sure Geoff will attest. Some of Geoff 's affiliated companies have not done so well.
Notwithstanding he will make the decisions. We are in his hands.
OXX Price at posting:
9.0¢ Sentiment: None Disclosure: Held