OEL 8.33% 1.3¢ otto energy limited

Ann: Farm Down of Upcoming Tanzania Drilling-OEL.AX, page-51

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  1. 9,042 Posts.
    lightbulb Created with Sketch. 554
    Swala Tanzania's still operating despite SWE being in VA, so they tell us..
    However, with SWE being the atm machine for Swala, and its the same management, I wonder who is paying the salaries now ?
    In SWE's last quarterly, there was a $350k shortfall in cash vs June qtr estimated expenditure.

    Kito permit term expires Feb 2017. If they miss the 2016 long dry season there's maybe another chance during the 2017 short dry season.
 
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