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....
OXX Price at posting:
19.0¢ Sentiment: None Disclosure: Not Held