OXX 5.26% 3.6¢ octanex limited

oxx investments, page-12

  1. 1,764 Posts.
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    This comment from Dexter

    "OXX have a 4% Interest in MOG and a 6% Interest in Cue. That provides them with 1.5% indirect exposure to Artemis."


    This is quite correct.

    4% of 15% and 6% of 15%

    If you use 12 Tcf then OXX indirect share is

    180bcf @ say 50c mcf is 90m

    Using 150m shares on issue then that is 60cps to OXX.
    Artemis is also an important drill for OXX

    Another potentialy high value adding string to OXX's bow!

 
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Currently unlisted public company.

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