With respect I disagree. Re next project - The experience of Ophir will be put to enduring benefit via other projects as per the new OXX business strategy. Re the spending of money - The permits held all have expenditure commitments including exploration wells e.g. Ascalon. These will be funded via farm-outs if past experience is a guide. Uncle has that much of OXX you may as well say he is spending his own money. I don't think he intends to end up with nothing. IMO DYOR.
OXX Price at posting:
9.0¢ Sentiment: Hold Disclosure: Held