OEL versus Other Oilers, page-57

New Vid
Sergio points out how cheap Otto is
EV of only $18m for our assets

Otto Energy Discusses Their Stock Price

However I still maintain that the market is justifiably only prepared to assign value to our proved producing reserves, and not the proved behind pipe (GC21) and proved undeveloped (Lightning G#3 etc).

GC21 cost blowouts have actually destroyed shareholder value every time they attempt to get it on production, so far.

Lightning well G#3 (already booked as part of proved undeveloped reserves) is still up in the air as to when, if ever it gets drilled.

Directors are not buying on-market despite the companies own view of how crazy cheap the sp is.

All well and good if they can address these issues, and I'm not saying they cant or wont.
Just making the observation that given the past, the market wants to see the actual results from this mob, not maybes, before rerating the sp.