"Otto is only capitalized currently at $38 million .I went to byron energy announcements which say production fro smi 71 will commence in the fourth quarter of this year .They estimate that the current production would be between 15oo and 200o barrels a day with room to grow up to 4000 barrels a day.Based on this ottos share one half(on current oil prices) should be generating revenue of base case$41,000 per day(yearly$15 million) and best case $110,000 per day (yearly $40 million) .Based on these facts it would appear that otto energy is very cheap at present and this is without their other assets ."
Direct Quote from @Little T for the Otto Energy HotCopper Page
"Otto is only capitalized currently at $38 million .I went to...
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Last
6.6¢ |
Change
0.002(3.13%) |
Mkt cap ! $71.2M | |||
| Open | High | Low | Value | Volume |
| 6.4¢ | 6.6¢ | 5.8¢ | $48.49K | 760.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 9250 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 6.9¢ | 14000 | 1 |
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| Last trade - 14.44pm 26/04/2024 (20 minute delay) ? |
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5.8¢ |
Change
0.002 ( 1.69 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.8¢ | 25206 | ||
| Last updated 10.34am 26/04/2024 ? | |||||
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