Rabooth, I'm optimistic. Exploring isn't easy or else everyone would be doing it all the time. The OXX drill-bit though will be quiet for a while as other activities are completed in order.
I don't see any bad luck from the recent drilling. The prospects have now been de-risked through the drilling and further seismic. We are closer today than we were 12 months ago, to getting the elusive company maker and we may not have any dilution ahead if the development strategy is successful.
OXX looks to be ticking all the boxes with its new business plan. But success will not come overnight and will not rely on just one factor or success in one wildcat.
The blue sky is still there.
OXX Price at posting:
12.5¢ Sentiment: LT Buy Disclosure: Held
