OEL 7.69% 1.2¢ otto energy limited

Ann: Quarterly Activities and Cashflow Report, page-8

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    Still digesting this, but looks like a full rebranding, cleanout and strategy pivot. It's clear that they see that they have a warchest backed by cashflow and are out to buy the production that GC21 hasn't delivered to date. Not super convinced on the DTR-10, given the amplitude map displayed on slide 14 of today's presso, either...Will be an interesting 6 months as net cash turns positive.
 
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