re: Ann: Half Year Financial Report to 31 Dec...
I was taken aback by the number of prospects thrown up by the seismic we have shot off NW Aus and offshore NZ. The financials show OXX to be an absolute bargain with the bunch of cherries being a series of carried JV's which will result from all the seismic that has been done. Market is completely asleep to OXX game plan but am convinced that this will change overnight soon. I'd say the trigger will either be the completion of the OBL deal or the awarding of contracts in Malaysia.
OXX Price at posting:
14.0¢ Sentiment: None Disclosure: Held
