Ann: OXX: Octanex bids for Orion Petroleum Limite, page-4

re: Ann: OXX: Octanex bids for Orion Petroleu... Dexter said;

"Then there is the $23 million in the bank."

It would then be $34 million after a merger

It would mean that OXX get the 11 mill cash at a big discount 50%.

Still,OXX looks a better investment vehicle than the GGX merger.

Not sure what/how ESG/STO will think/react,but it`s on record that DC thinks PEL6 is highly prospective and strategic for their future plans.........so let the battle begin :)