If Gawain is a duster, i guess we have to move on. But as you said if there is gas, then that will be completely a different story. IMO, the real deal here is on the potential from ENI/OMV mulling into LNG developments and expanding to the other 3 permits in Exmouth. i do believe they can and will move forward with appraising and evaluating development options. The developments are the real potential, the development are the one that will push up OXX higher even above $10, $20 or $40 a share if everything pans out. Of course that take time to build but what we can expect to see the impact on the SP as soon as we hit the jackpot in Gawain on Monday if not Wednesday latest IMO. As to exactly what is the SP could get to, that is anyone guess.
Hope you have a relaxing weekend.
Cam
OXX Price at posting:
47.0¢ Sentiment: None Disclosure: Held