Australia's largest stock trading and investment forum Australia's #1 stock forum

OXX

5.26%

3.6¢ octanex limited

Ann: Loadout of Platform for Ophir Oil Development, page-10

First 10 Last

Share
Profile

Follow
tui

4,837 Posts.

164

28/03/17

17:30

Post #: 23685408
Share

Originally posted by tui ↑

Uazy,
The beauty about OXX is that the drilling has already been confirmed as an oil producer for at least 4 years production which I think was about 15,000 bbls per day.. I am not sure about the economics but it is well north of here. This is well under the radar .All they are doing now is connecting it all together. 3 umbilicals. This will start producing this year. My mate knows Albers and I have followed him for years. He is a very astute survivor and times are changing for his and all our betterment.

Outstanding chance to buy. I mean that sincerely and not as a ramp. To those that read this before it may be banned as a ramp may I say take heed. Albers has worked extremely hard and deserves this success....yet to be validated but it won't be long. Knowing this market that could be 6 months but I would not be taking chances. They have 50% of this and it is going to happen....barring Black Swans.

You don't often get these opportunities. Do your own research and critically examine everything that you may be worried about . To me OXX passes every test apart from completion. DYOR. Don't believe me . You should see my portfolio. A sea of red apart from Senex.

At the very least it is quick bagger material. ( 6 months ).....but just remember many of my predictions have come unstuck.
e.g
1. BUL bought at about 23 cents. Now 8.9. Yet I fully believe this will go north of 50 cents. LOSS
2. GEV ( ex TTE ) Enormous loss here. Sold a few after Brand came on board.Pity... LOSS
3.NWE Another enormous loss but which will be eradicated in the f ull course of time. Either Xanadu, Lockyer Deep or Arrowsmith 3 or the lot. LOSS Has given me shingles.
4 .NXR. Disaster. Invested on a hotcopper poster's tip.... LOSS
5.OXX See above. I have enough.......LOSS About to be reversed.
6.. SXY Such a growth story.. EIG was such a bonus. These guys know the Industry backwards. They look forward. PROFIT....... PHEW. Mainstay
7. STX Could be exponential. LOSS ..... Watch.
8 TNP. Beware of Chinese co's. So slow and secretive. LOSS

So having read the above,... be careful about investing in OXX.

8.I believe in all the above apart from NXR

Expand

Good write up in Energy Bulletin with access to the video.

OXX Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

HotCopper users bullish on Spartan Resources' latest gold find right near Pepper deposit

SIG

ACCC greenlights Sigma Healthcare, Chemist Warehouse merger

HLX

Helix extends its copper footprint at Bijoux in NSW with latest drill results

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 2 more messages in this thread...

First 10 Last

Add OXX (ASX) to my watchlist

Ann: Loadout of Platform for Ophir Oil Development, page-10

Top Stories

HotCopper users bullish on Spartan Resources' latest gold find right near Pepper deposit

ACCC greenlights Sigma Healthcare, Chemist Warehouse merger

Helix extends its copper footprint at Bijoux in NSW with latest drill results

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint