OEL 0.00% 1.3¢ otto energy limited

MU has to play the hand he's been dealt. It looked like a good...

  1. 9,047 Posts.
    lightbulb Created with Sketch. 554
    MU has to play the hand he's been dealt. It looked like a good hand until GC21 failed, so now requires tough choices.

    Alaska cost Otto USD14m upfront, plus our drilling costs. It all went pear shaped early on when the SofA pulled the cash rebates for oilers and GB remained unfunded for several years.
    One of a string of bad deals made by Otto's previous leadership.








 
watchlist Created with Sketch. Add OEL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.