They have until xmas.. Still in talks with various companies.
Nothing definitive yet. And it is still open.
So No news until there is a final closure or when a Farmin has joined.
Otto is not a high risk oil gambling company with a cavilier approach to a expensive well that if unsucessful could deplete its piggy bank and then some if it is to go it alone.
Disappointing that no major has stepped forward as yet.
The Blue sky as per latest presentation from Paul is alive and well.
Just not recognised yet by the market.
We still have more than 100 days for a farmin and a drill for Hawkeye.
Other way its a interesting possible takeover scenario attempt within 12 months as a possibility.
Much more can be said but email or ph Mathew. He has a busy schedule but always attempts to reply to share holders.
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