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OXX

5.26%

3.6¢ octanex limited

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

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tui

4,837 Posts.

164

28/03/17

17:30

Post #: 23685408
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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

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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

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

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