Surely we (OXX) should have an idea by now. It's very hard to price the stock but you highlight why I'm very, very interested.
Octanex own 50% of OPSB who I understand receive money for the reimbursement of costs and also receive a remuneration fee relating to production and no doubt KPI'S. OPSB as I understand receive a financial benefit from the capex savings. How this is derived well we will have to wait and see. I have been soaking up around the 9 to 9.5 cent mark a few more as market cap seems undervalued to me.
OXX Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held