With production commencing is less than 2 weeks .I have worked out based on ottos half share assuming oil price is around $82 Aussie and that Otto has said that a high percentage of the platform (5000 barrels a day )would be used ,it is easy to see Otto banking $3 mill a month with power to grow.Looking at the recent announcement there is certainly a lot of confidence in the air !!!
Potential Cashflow
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $47.38K | 3.645M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 10860631 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 14717044 | 14 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| OEL (ASX) Chart |