bmenzies re: "Guys, you are turning this into a speculative stock. Alaska wont happen until 2018"
The last decent OTTO result took 48 months from 2011 to 2015.
Yes the 2011 Galoc purchase at us$11.50 per bbl(2p reserves) and sale at us$32.70 in 2014 leading to the 6.4 cps return to shareholders in 2015 was good. The SM71 discovery at US $2.11 per bbl(2p reserves) was better, but the best is yet to come and 2018 is under 12 months away, and I have been waiting for so so long now for OTTO to be the "Disallowed" that I think it can be that I will wait.
alaska, page-35
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