I have always wondered how GA rounded up all that acreage in Taranaki at the time PPP and NZO were involved with TUI and NZO, Kupe as well. I don't profess to understand how these thing work, but especially for NZO, this was their 'back yard'. Then it costs them a shitload to buy into Makutu, cash plus OXX's drill costs and they are crowing about what an opportunity it is and how clever are we! Lol. I haven't read it, but now you tell me Strachan, is pumping NZO. As you say, Kfann, is this the 'GA equity discount' in action?
OXX Price at posting:
23.0¢ Sentiment: None Disclosure: Held