valuation, page-20

True but it also presents some opportunities. I expect that Geoff Albers may well be looking to cash out once the inherent potential of one or two of OXX's properties are reflected in the shareprice. GA is getting on abit, his CV says 63 but I suspect that is abit south of the reality. I reckon if Matuka comes it, there will be serious Oilers rolling up with their cheque books and you can be sure GA will extract a good price for all from them. OXX is my largest SM position atm and am happy for it to be relatively ill-liquid for now.