OEL 9.09% 1.2¢ otto energy limited

Ann: Dispute Notices Issued to Swala Oil & Gas (Tanzania) Plc-OEL.AX, page-28

  1. 1,205 Posts.
    Please do Coruba.
    Interesting comments you make.

    I hadn't been following this saga...as that's all I thought it was. But must admit, now its getting interesting.

    SWE may have made a few administrational errors: Fair enough, it can happen...so sort it out like men!

    But something doesn't seem right here. I do agree on one thing...I think there is a definite OEL motive, which we are not privy to...when your car smells really bad, it means that, that chicken or fish fillet you brought a few days ago, fell out of the shopping bag...there is always a reason for a bad smell.

    Its as if they have an agenda...SWE went into voluntary Administration, next target SOGT, after the fact that SWE has gone into VA...if we had a problem with SOGT, why not raise it, at that time?

    Somethings not adding up for Otto. Can't put my finger on it now though but have started looking into developments and wordings of past announcements, timelines and such and I will come back when completed my back checking.

    Remember, this is really the first salvo we've heard from SOGT (SWE was quiet too, but guess funding was a priority for them?)...was this a because they had a more professional, non-litigation approach? But we've had 3 or 4 from Otto??

    SWE/SOGT/OEL used to be such complimentary companies with a single collective goal. What happened to that?, why did it disintegrate into this BS?, when did it start? and who's responsible for this fiasco? and what's being done about it?

    Right at this time, I am considering selling...not worried about saying it before market...don't need to be a rocket scientist to figure out, this is new news that will hit the market tomorrow. Will watch how we go first I guess.

    But for now...my lithium stock thread is far more friendly and a lot more interesting at the moment than the SWE and OEL threads...this could get really ugly as someone has already said.

    Either way...lawyers win!
 
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