OXX
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5.26% 3.6¢ octanex limited

Yeah, OXX will be a major beneficiary of the OPEC oil production...

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  1. rivermore
    2,603 Posts.
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    11/12/16
    13:04
    Post #: 21255143
    Yeah, OXX will be a major beneficiary of the OPEC oil production deal announced last night. I suspect we will see oil back at about USD$60, they wont want it much higher or the shale fields in USA will restart but that will be a very nice price for OXX. Added to that, they have a dramatically reduced capital cost of Ophir. Looking good.
    OXX Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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