Sidthefish - No dilution for OXX holders as increased OXX shares issued will be matched by increased assets to OXX. In fact OXX must think the PKO assets are currently undervalued otherwise why merge the 2 companies. Imagine if OXX can get control of the Cadlao permit and get the oil flowing quickly using their new found SE Asian networks.
BUT I'M ONLY DREAMIN'.
Ann: SC 6 Cadlao Conditional Settlement Agreement Reached, page-20
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