OXX
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5.26% 3.6¢ octanex limited

Based on revised Capital Structure announced today I have EV for...

  1. mr3t
    262 Posts.
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    16/11/10
    14:17
    Post #: 7481939
    Based on revised Capital Structure announced today I have EV for Explortion Assets @ $55M (fully diluted).

    Still appears cheap @ 44c for heads with 2 free carried drills in January 2010, with massive multi TCF targets free carried. Not to mention the other permits.

    I think we shall see some trading/liquidity OXXCA, only 3M OXXO left out there to 31 December.


    OXX Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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