OEL 8.33% 1.3¢ otto energy limited

Ann: Drilling Commences on the Duhat Oil Prospect, page-11

  1. 137 Posts.
    re: Ann: Drilling Commences on the Duhat Oil ...
    Sandy's point is valid but i would think that has already been reflected in the current SP...these guys have restructed and re-focused. Their position is good and are fully funded, massive plus. They are also producers and make great income from it. Their getting things right and have a more superior drill staff now on the sites as well as better equipment, so for me, the risk reward plays better with the SP at this level...would sit on hands if SP was above 15c and do what Sandy says there.."buy once they have something.".
 
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