OEL 0.00% 1.1¢ otto energy limited

POO, page-6

  1. 9,095 Posts.
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    The potential is great, but the problem is OEL are unable to provide any certainty wrt well timing for Kito, Alaska, and Bivouac Peak, imo.
    There's also a track record of OEL repeatedly missing their own timelines.

    Kito-1 pending dispute resolution
    Alaska well/s pending payment of deferred tax rebates and possibly future rebates to GB
    B/Peak pending a cash topup for OEL , going by my calcs.

    There's a fake buy order for 1,000,000 at 0.2c so the real buy side is only ~2m shares vs ~12m on the sell side.

    All could be resolved, but for now its all up in the air, imo.
 
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