He is amazing and is also in the process of turning OBL and...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,603 Posts.
    lightbulb Created with Sketch. 280
    He is amazing and is also in the process of turning OBL and their JV partner Backreef inside out as well.

    I predict we will end up with control of the Derby block before too long.

    Geoff likes to have big equity positions in assets before he sits down to talk to the 'money'. OBL NTT grant should be this week and I bet he have plans whichever way the dice roll. Backreef are looking to sell to Buru but the have already given OBL first right of refusal. Interestingly, the $3.5m BRU was hoping to pay backreef for 50% is the same per % as what OXX are paying OBL for 25%. If Backreefs 50% is tied up in legal proceeding, OBL still have to settle with OXX so risk being pushed into a minority position. They won't like that but GA will be sitting there cheque book (with $21m cash) in hand. LOL.
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add OXX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.