Things moving along nicely. Ophir is capturing huge savings in its build program thanks to the oil industry malaise and will see reasonable oil prices. The market for the shares is much stabler now the consolidation with the ctg shares is complete and I'm impressed by the spread between buyers and sellers. As opinioned before, the Malaysians have alot of skin in this game and won't be happy for the SP to stay this low. OXX have a good chance of being a 3 bagger between now and end of June when Ophir goes into commissioning. Just a bit better than bank interest in my very biased opinion. DYOR and GLTA. Happy New Year to all HC folk also. RM.
OXX Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held