OXX 5.26% 3.6¢ octanex limited

Ann: TIMETABLE FOR REDUCTION AND CONSOLIDATION, page-14

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  1. 2,603 Posts.
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    Yeah, OXX will be a major beneficiary of the OPEC oil production deal announced last night. I suspect we will see oil back at about USD$60, they wont want it much higher or the shale fields in USA will restart but that will be a very nice price for OXX. Added to that, they have a dramatically reduced capital cost of Ophir. Looking good.
 
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Currently unlisted public company.

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