happy new year and new hope, page-2

I can appreciate your enthusiasm Green Panda and given you a TU for your post but you can understand the markets reluctance at the moment. It was 12mnths ago we were saying that 2013 was to be Otto's year. Phase 2, duhat, Galoc nth and SC55. 1 out of 4 eventuated and a good one at that but we find ourselves no better off in the sp department. Many hurdles to clear for SC55 until the market adds any value there. Not least, DOE, find a partner, Drill rig and date, compensation from BHP confirmed and paid etc.And I think Otto is only opening up it's data room from mid January.We know how these things drag on and SC55 may be a year away. Africa is great but forget any value added to that until at least this time next year or a drill date is announced. I can't see much happening at duhat. Could even be ditched and we are yet to hear what the last "exercise" cost. Knowing how short sighted the market is I think we are stuck in a rut for the time being. Although Otto has many good things going for it my observations are only for the short to medium term for the sp and I hope we are not back here 2/1/2015 saying this is the year for Otto. IMO of course.