OEL 7.14% 1.3¢ otto energy limited

Talitha A - ORRI may have serious value now

  1. 14 Posts.
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    Worth having a read of the Pantheon announcement this morning on the London Stock Exchange. Looks like Talitha A has been assessed to have almost one billion barrels of recoverable oil. They’re targeting between $5 to $10 per barrel. Ottos’ 0.5% royalty could be worth quite a sum. Is anybody well versed in the mechanics on how the ORRI works? Thanks
 
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