OXX 5.26% 3.6¢ octanex limited

Ann: Ophir Operation Update, page-5

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  1. 417 Posts.
    lightbulb Created with Sketch. 47
    Hard to spin this as a big positive I reckon River but as you’ve noted hopefully it’s not a total disaster either.


    I think in this case OXX is lucky / perspicacious thst their choice of JV partners in Ophir are Malaysian ( being a Petronas subsidiary and Scoma )

    And the Ophir jv 75% funder is Malaysian.

    Otherwise this could have been ugly. As it is wait and see.,...( could possibly still be ugly)
 
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