"On a cherry note, brings back unhappy memories of Matrix Oil NL , MXO? About ten years ago maybe a bit more.
Was all going so swimmingly. However just after production got going they supposedly had a subsea valve problem that stopped production. However the bills didn’t stop, FPSO etc and it all ended in tears.
Was at one stage rumours that it was all a bit of a “Bre-X”, but what would I know. I think it was post script days, so I couldn’t even use the script for wallpaper! Lol. Ah I am showing my age.
Anyone with an appetite for more OXX at these bargain prices!
Is there any good news out there? Could do with some."
OXX Price at posting:
4.0¢ Sentiment: None Disclosure: Held