OEL 7.69% 1.2¢ otto energy limited

announcement out :), page-19

  1. 3,935 Posts.
    Who cares. This announcement opens the door for Otto to receive the BHP payout in the amount of $27m with a well being drilled. That is an additional 2.5 cents per share cash as drilling on SC55 progresses and it will.

    Otto has turned the corner this morning and its a straight road now to a strong run through drilling SC55 and Kenya.

    What a year we have ahead.

    Cheers all,
 
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