Yes, the amount raised would be $7.5 m and I suppose GA holding...

Yes, the amount raised would be $7.5 m and I suppose GA holding is what you stated.
and yes why buy OXXCB when you can buy OXX at below 10 cents.
By the way good purchase that one this morning at 9 cents.

im just thinking if the PKO reimbursement on Cadloe was to not eventuate, what would OXX do?
I actually believe they will get the $6.7 m or thereabouts.

The quarterly report still shows great prospects, but maybe OXX have too much on their plates for the current cash holding and sp? The Santos JV permit must be promising, given the gas discovery (despite being uncommercial). SBA in Sumatra maybe the next one they drill.

As one poster mentioned, maybe OXX only has one throw of the dice left.