OEL 7.69% 1.2¢ otto energy limited

OEL .....Drill here, Drill there, Drilling freaken everywhere!, page-4

  1. 696 Posts.
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    Yes I expect followup or step out wells ........when some potentially become significant discoveries. This is likely given the sheer number and high %COS of the many, many pending drills.
    Been holding and occasionally trading OEL for years.....but given the productivity of the SM71 discovery over the last months I have been backing up the truck when funds permitted to fill the larder with bargain OEL shares.
    Then whammmmo a massive upgrade on SM71 reserves! (talk about the thickest icing possible on already delicious cake!) - meaning production is confirmed well into the 2030's....... the bargains become a absolute clearance price for me and I bought a bigger truck to hold a few more OTTERS.

    But what would I know.....I'm just a humble gold prospector!
    DYOR peeps!
 
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