OXX 5.26% 3.6¢ octanex limited

Latest drill with no issues and well under budget. I'm wondering...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. sle
    7,430 Posts.
    lightbulb Created with Sketch. 58
    Latest drill with no issues and well under budget. I'm wondering whether the percentage of funds not used by OXX in the drill is theirs or those who paid for the privilege to participate in this? Given initial costings where what 130-135 million dollars and final costs appear well under 100 million dollars. What are the anticipated cash costs per barrel? Market cap of 25 to 30 million to me seems cheap!!
 
watchlist Created with Sketch. Add OXX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.