Ann: Reinstatement to Official Quotation , page-4

IMO the only thing they (Otto) did wrong was have a "HoA". with a fairly short time before it expired.

especially in times like the current market conditions.

perhaps they would have been better off continuing negations until such time when a unconditional agreement was signed.

Otto could have said "decisions were continuing with interested parties, when things have been finalized the company will advise the market".

it's not really a set back as i'm sure they'll farm-out SC55.

SC55 is mostly considered the Jewel in the Crown, even Nido would love to have it in their stable of assets.

Galoc will be cashflow positive in no time, late June is just around the corner.

plus revenue from Turkey will start rolling in..

drilling in Italy & Argentina will give the company as extra exposure.

anyone in doubt should contact management, although i suspect a few would rather spread false and misleading comments.