OXX 0.00% 0.6¢ octanex limited

No, seemed confident that the leases would be granted.They were...

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    No, seemed confident that the leases would be granted.
    They were buoyed by the PKO announcement yesterday re copper discovery in WA.
    Sounds like the plan is to do grass roots exploration and then farm out to majors if they can find encouragement.
    Similar philosophy to what GA employed in the oil / gas space.
    Commented that he is very downbeat on oil prospects, glut for foreseeable future and rapid economic evolution away from oil use.
    Probably right.
 
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