Respectfully Good Oil A + B does not equal an orange.As for...

Respectfully Good Oil A + B does not equal an orange.

As for self-dilution 27mil GGX shares being acquired @ 1 for 2.25 is not exactly dilutionary. It's accretive as far as I'm concerned.

As for being simple to sell OIP, not sure if you've had a look at the market depth but the buyers are non-existent, so it would be very difficult to sell anything at the moment.

As for DM placing his own holdings into GGX that issue was raised many many many times at the general meeting by the OXX lawyer. His main contention was "Why is the Canning Basin holding sold to GGX @ $300k now being valued at over $4m? Over 13 times the price of acquisition in a couple of years and there has been no discovery or activity in that area since the transaction?" Nobody answered that question, despite it being asked perhaps 20 or 30 times.

As for DM knowing his stuff...I think that is indisputable. He is clearly knowledgable and well connected. No question.

JT