Correct Ron I do the calc somewhat erroneously that Halliburton did much of 3d seismic on only their patch for their 25% and that being along with the 2 or 3 wells drilled is what made up the $100 or $200mill they spruik about . GB are so opaque it's hard to give them too much credit for anything.
I am hoping for some result from 88E mebbe by Jan 2016 and if OEL were still at 2.5c and the cash backing held I'd be in like Flynn.
At 2-3 cents Otto would have to be the next best thing on the slope.
Now we have a specific area assigned by DogDnr we can see if there is any seismic already done for that. That may already be answered as a no if I remember last ann correctly.
However I haven't done any DD. Certainly Otto management should have and let's hope they are more forthcoming.
Having a serious look at Otto from my part would mean some straight forward answers from Ejpert and Co.
You and your board already has some pertinent chat for Otto management.
I hope you and your Otto buddies have some 88e scrip.
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