OEL 7.69% 1.2¢ otto energy limited

What a lot of tosh and complete rehash of what we already...

  1. 4,510 Posts.
    What a lot of tosh and complete rehash of what we already know.

    Otto right now is an operating project at Galoc, with reasonable likelihood that this is enhanced by Phase II drillings going on. That is the main value driver of otto right now.

    The rest is indeed of lot of nice to haves. We have been around the houses with all the things they might have, but until a big dirty oil rig gets over the top of them and starts doing some drilling, the market is not going to ascribe a lot of value to it.

    Sc55 - there does seem to be some movement at the station at last, but again until the rig is booked and is heading off to drill the well, is simply pictures and drawings at best right now.

    Try and post something more relevant instead of some marketing spiel. It looks pretty limp. The use of the logo does indeed look like it is from the company.
 
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