...yes..it’s good news for shareholders.....won’t be a lifestyle type company for staff and directors any longer......can’t see Molton Jetter or Small wanting to hang around any longer than is necessary...so that should mean when the asset value hits a peak and realisable return is possible they won’t take on the next round of risk. If they have success at Tarpon they’ll probably finish it up after completing the Hilcorp program and redoing F5 and cash out. I bet this time next year Otto Energy doesn’t exist or is a stripped back company with possibly Alaska and VR32 still on the books and a very small amount of working capital and a cap rais pending.... Think I’ll change my sentiment to buy ..has to be a buy @.6 .7....
