OEL 7.69% 1.2¢ otto energy limited

Talitha-Alaska, page-25

  1. 928 Posts.
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    From what I can figure out Jacko, based on figures under "Development and Appraisal" Talitha (under 3 different headings) has a total risked value of US$163M.

    If this is correct, OEL's 10% would be valued at ~US$16M. or ~AU$22M in todays money, or about .5c per share.

    Note Pantheons SP @ 23p is well under risked asset valuation of 57p, so the market still sees more risk in their projects than this report suggests, so real value to us ............. maybe AU$10m until its de-risked?






 
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