OEL 9.09% 1.2¢ otto energy limited

Yes, that's why I expect nothing new until the recompletion...

  1. 6,598 Posts.
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    Yes, that's why I expect nothing new until the recompletion occurs. The cash being produced from now til then pays for the blowout. The company will then be in the same position financially as it would've been if the recompletion had been a success...just delayed until early in the new year. They were looking for certainty from GC21 to enact their forward plan....so to expect anything prior to recompletion is a hiding to nothing imho. That's why I have sold my trading parcel and will consider reentry for that in the new year.
 
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