pre-open good or bad??, page-43

You know, it pays to learn on this site who are the knowledgeable posters and who are the BS artists.

I really need to say this. All of the people talking up Otto were given fair warning by some of the senior posters on this string that this was a very risky investment with a whole lot of balls in the air and that there could be big problems if they came down all at once. Specific warnings on cash position and cash reports were issued.

Everyone was well warned. I have no sympathy for you. It is important in investing in risky ventures that you invest in companies with strong balance sheets and good cash positions. Constant capital raisings and placements are never a good sign.

The Turkish gas assets have a reasonable inherent value, although they have limited buying appeal except for companies already in Turkey (eg IPM and co). Amity (now Antares) made a bundle of similar style Turkish assets, but they did require a lot of time and patience to develop.