Whilst OMV have not formally signed off on this well proceeding it is indeed encouraging to see that they have started organising long lead time items.
These drills do take a lot of organisation. Huge effort. It was about 8 months ago that I had a brief chat with James Willis, an OXX Excutive Director. He was very bullish on this prospect.
But as we all know, the drill bit does the talking. This will a great thrill drill if it proceeds. In this industry you have to be very patient.
OXX Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held