OEL 7.69% 1.2¢ otto energy limited

We need to solid up the time frames. Tanz is progressing but...

  1. 3,935 Posts.
    We need to solid up the time frames.
    Tanz is progressing but very uncommitted and Court action yet to be sorted.
    Bivouac Peak time line is very uncommitted. Late 2017. What does that mean?
    SM 71 is drifting later and later as new plans are being discussed and current production is being traded off for possible better results. More delays.
    Not sure if the current cash can support any new ventures so it's a bit wrong to suggest finding new assets if we can't afford them.
    In all, very diassapointing for loyal shaerholders.
    Can't see larger holders exiting but they must be wondering what management is up to.
 
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