Not too sure of the money OXX has to pay for the Ophir drill as I can only see the draw down of 8 million dollars which as I read it will be converted to shares?? Is this what they plan to repay from the funds received via OPSB via their 50% stake? Also, I read that OPSB looked to be receiving a substantial repayment from the success of Ophir via the huge cost reduction in the overall drill etc.
Ophir Information, page-39
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