OEL 9.09% 1.0¢ otto energy limited

bad news train, page-2

  1. 474 Posts.
    ...and destination unknown.

    - MD resigned

    - San Isidro spudding soon (previous attempts to drill this structure experienced extreme drilling problems)

    - Billiton - only the most optimistic are holding out hope - PM certainly isn't...imo

    - Galoc expansion looking good at current oil prices...imo

    - Healthy cash balance

    It is really difficult to view this stock with any confidence...imo

    Best of luck to current holders. I would be a seller though at current price if I held (imo).

    What is the cash backing per share ~3c?

    OK?

    OK
 
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