Ann: Ophir Risk Service Contract Termination, page-9

Bargain buy at present or throwing good money after bad??

All hinges on the final outcome for Ophir for OXX and then what Sabah choose to do. A bit annoyed and it maybe an ASIC issue but surely the Company has ranges of anticipated return?

If for instance it's above 15 million then the cash backing alone would probably see Sabah convert and then this make the current share price a probable 5 to 10 bagger. Remember they took a position at the equivalent of a 14 cent share when the share price was well below this. Very annoying!!