OTE 0.00% 0.3¢ otis energy limited

give us the truth, page-9

  1. 18,150 Posts.
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    FW, I'm not a holder of OTE but I'm certainly watching it.

    Point (1)

    When a company drills a well they put forward their best estimates of what the well might produce.

    That doesn't mean those projected results will be achieved.

    Sometimes results are better than expected, other times they are less.

    The oil and gas business is a very risky one.

    I will say this much.......Although I have little experience with this company and do not hold shares etc.......in this latest report I see nothing unusual......in fact it seems what one should expect.

    To often shareholders do not understand the oil and gas business.

    OTE, with this well have production and are seeking to improve current figures. What's wrong with that?

    Cheers

    PS......I'll be watching closely here.

 
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