OEL 10.0% 1.1¢ otto energy limited

Ann: Investor Presentation , page-33

  1. 29,210 Posts.
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    "small company that they are, and if the outcome is negative for SC55 and Otto, I believe it will have far reaching negative consequences for foreign investment in the Pines!"
    Sharpeye, true we r a small company getting good cash flow around $75m per year from galoc. We have unfortunately one billion shares on issue which makes it tough on the SP considering the amount of traders etc to c a proper reflection of value.
    Thankfully we arent in the 2 billion to 4 billion shares on issue range as some of our peers because that makes SP appreciation very very tough.
    Very little or no real reality of ten bagger outcomes and
    really a case of pushing manure up hill.
    At least we can still hope for oysters and crayfish rather than be happy with flake and chips and a dim sim if all goes well :-)
    Secondly i dont think wehave to worry about " negative consequences for..."

    because OEL will get reassigned SC 55, well at least they r confident of that outcome..
 
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