otto is recommended as a strong speculative buy, page-3

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http://www.stockanalysis.com.au/default.htm

just a snippet..

Recommendation
Otto Energy is StockAnalysis’ current favourite high risk oil and gas exploration company. Applying a long term oil price of US$60/bbl, produces a target valuation of 65 cps. Several exploration targets in the Philippines and in Argentina offer a success value of over $1 per share. The company’s MD is an industry veteran with a strong technical background.

At a current price of around 16 cents, the company is trading at a significant discount to its peers and well below my risk adjusted target valuation of 65 cps.

Otto is likely to seek dual listing on AIM later this year, at which time it will most likely seek to raise additional equity to support its work on development at Calauit. Provided that the company trades over 20 cps by year’s end, a further $12 million should be provided from option exercise. Thrill seekers (high risk tolerance subscribers) might look to buy some listed (OELO) options at below 1.5 cts. These come with a deal of risk since they are short dated options with almost no time value, so to extract value, the shares will have to rise beyond 22 cents, which should not too taxing, given the company’s present low rating.

Otto is recommended as a strong speculative buy.