Have considered OXX toast or should it be “hamburger” for some time now.
Whether or not anything comes out of Malaysia seems problematic.
All those guarantees?
As I have stated previously the only asset of value imo is Ascalon.
Ironically, potentially it’s value is huge on the back of the Scarborough deal.
But whether or not Geoff can do a deal with it?
Be a tragedy if OXX were to lose this asset.
Might as well ditch everything thing else, with the possible exception of Winchester.
No point in winding the Co up at this stage, but de-listing might be an option, as Malaysia and Ascalon play out, if only to save money.
Certainly don’t think Geoff would be venturing out into anything new, and no money to do it with anyway.
No pretty much in it’s death throws, imo, but not all hope lost. Could Ascalon be the Phoenix?
Someone put out 7k was it?
Must think it worth a punt. I do often ponder at the potential in Ascalon. If the gas is there and a half decent deal done then OXX would be the steal of the century.