OEL 8.33% 1.3¢ otto energy limited

Kito Licence Related, page-7

  1. 1,205 Posts.
    I don't know about you, but I wouldn't go wash my neighbors car after he's just thrown a truck load of poop my way

    Seems the only hold up here is Otto and Tata paying up.

    If they aren't paying for work that's already been done, do you think they are paying for the drilling? - Hence now they are being required by TPDC to front up the money in advance.

    Operator can't work, unless partners pay their way. (Swala Free carry)

    Is Swala expected to pay the partners way?...ludicrous concept and argument.

    Otto continually says all projects are financeable from current cash reserves?

    Even using other more friendly numbers from other posters here (not mine), we can see this is not the case.

    Otto and Tata pay, Kito gets drilled...simple!

    Otto and Tata pay, then I'd like to think Swala would be more friendly when it comes to the farmout. (get their money back)

    First things first, and the first is honouring your responsibilities just like most things in life.
 
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