I'm wondering if all the continuing political and public discussion regarding lack of Australian gas being supplied to Australia, is putting pressure on the authority when it is currently reviewing its decision not to grant a retention lease to OXX re its Ascalon gas field. On the face of publicly available information, surely an incredible decision by the authority to state Ascalon will not be commercial within 15 years. Two pipelines are already nearby and that's only one option.
OXX Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held