EMP OXX REY

" Why would OXX pull out if they got it cheap and with SAT...

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  1. raiderup
    17,248 Posts.
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    28/01/15
    08:19
    Post #: 14649621
    " Why would OXX pull out if they got it cheap and with SAT around the corner?"

    Have a look at the 07/01/15 announcement HTB,peak owe oxx $1.9 million and are struggling to pay it back.
    With oxx taking their farmin off the table in the Canning basin, a major farmin will see the SP head north IMHO,oxx can still make a motza out of OBL.

    Raider
    REY Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
    OXX Price at posting: 6.0¢ Sentiment: None Disclosure: Not Held
    OBL Price at posting: 0.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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