OEL 7.69% 1.2¢ otto energy limited

Well people, our ex BHP CEO arrived to oversee the farmin...

  1. 261 Posts.
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    Well people, our ex BHP CEO arrived to oversee the farmin contract for SC55 with BHP, has watched BHP walk away from drilling SC55 and has overseen the departure contract for BHP,Otto and Sc55.

    He has now departed before seeing the result of Sc55 being retained by Otto OR not, and what Otto has left, IF the DOE does not let Otto retain SC55.

    Hopefully, his immediate departure does not reflect negatively on any farmin partnerships Otto has been considering and Mathew Allen as CEO, is wise enough to surround himself with highly qualified people in any area he is unsure of.

    The Sc55 BHP complete history, since Paul Moore ( who also left for Personal reasons, but gave the required 3 months notice) to me, does not sit right, and raises many unanswered questions. If there is a problem with the Sc55 and due settlement I think a class action to protect shareholders funds may be worth considering.

 
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