OXX 5.26% 3.6¢ octanex limited

Ann: FPSO Selected for Ophir Oil Development, page-3

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  1. 2,603 Posts.
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    Its an indicator of the pay back speed from Ophir once its running. Am keen to see some cash flow projections for Sept2017 onwards. Once OXX have earnings to offset against carried forward losses it should completely transform the share price. It needs to get to $.16c per share before the options to the Malaysians come into play but that still a 300% result from now.
 
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