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5.26%

3.6¢ octanex limited

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7,430 Posts.

58

30/09/17

09:09

Post #: 27567678
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Originally posted by rivermore ↑

I'm not referring to outgoings, I'm talking about the contributed capital. The first thing to be paid out is the project finance, then there will be cash flow routing back to OXX via Singapore. The company won't quote numbers though, we will have to wait until end Jan 2018 to have some idea of the quantum but it looks like it will be substantial. Bear in mind the convertible notes that the Malaysian own have a conversion at USD$16.8c, thats over 20c Aus. This has some serious upside IMO. DYOR though.

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I agree with your last sentence!!! My comment was in reference to what Crackity posted and more general in nature from my perspective.

OXX Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
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