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573 Posts.
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23/07/13
11:19
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That absolutely correct Dangar.
And using 34232's mean resource analysis from last week, we get a 'Winchester only' value for OXX's share of $522m! or $2.31 fully diluted.
Gee... ONLY a 6 bagger left in it! LoL!
And that's before the very high chance Matuku-1 oil which spuds in only 2 months and GOD only knows that mystery of mysteries - Palta!
I couldn't see GA letting go of the Trustee shares at less than $1.50/share ($50m is a good starting point)
Fingers crossed (yes, highly technical comment there!) for the difficult drilling and testing over this and maybe next week.
Cheers,
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