OMV have moved moved quickly with a little more than 18 months between 3d analysis and actually drilling which indicates that OMV have assigned a high COS to the Matuku prospect. Make no mistake, this is a very exciting prospect which given the tightly held nature of the shareholding in OXX (T20-80%) and only 185mill on issue means success with the drill bit will light a fire under the SP.
oxx overpriced to the max, page-14
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