OEL 7.69% 1.2¢ otto energy limited

News: Otto Energy December 2013 Quarterly Highlig, page-13

  1. 1,764 Posts.
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    re: News: Otto Energy December 2013 Quarterly... Ronstieb, no one outside the company and the doe know what the outcome of sc55 will be, I guess that is part of the reason you can still buy at 10c. I am happy to hold knowing the downside risks and the upside potential of this company in the next 12 months.I understand that for many people the risks may be too great, that is a personal decision.

    My best guess is that the doe will want a plan to drill sc55 within a year and they probably want to see this by April. Of course I might be completely wrong.

 
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