OEL 0.00% 1.2¢ otto energy limited

Hi Sandy,I hold OEL and believe in where it is going...BUTI...

  1. 688 Posts.
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    Hi Sandy,
    I hold OEL and believe in where it is going...
    BUT
    I think you need to be careful before you start counting all of the chickens before they hatch...

    NDO (Nido Petroleum) did have SHELL and they also had a very large prospect at Gindara! Like all oil and gas companies, dusters happen and NDO has suffered heavily because of it!

    Let's consider that OEL also has a chance of coming up a duster at Cinco, I very much hope it doesn't happen but you never know until the drill bit hits the pay dirt...

    I guess what I'm saying is, let's not build up so much anticipation of success with our first big OEL well, that if things don't work out to plan, the stock is sold off heavily, crashes back and we are forced to eat our words when our share price is down like NDO is at the moment!

    I want success as much as the next shareholder and I've been in OEL for a long time as well but bleating of success when the drilling hasn't even commenced as yet is a little premature don't you think?!

    I do admire your optimism though! hehe

    ;-)
    DamianWRX
 
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