OEL 0.00% 1.3¢ otto energy limited

trading, page-5

  1. 9,046 Posts.
    Yes OEL has certainly gone quiet. But that's ok. It looks reasonably well supported and I wouldn't expect it to go lower. They can drag Tanzania out for as long as they like. I've always wondered what their success possibility was there in that part of Africa - with so many other companies burned - and if not burned waiting years for infrastructure and paperwork. No they can let that one ride and look at it later. Of more concern to me is - if they can get a partnership with BYE on the adjacent blocks that BYE looks like winning. If so, that could be a company changer - as of course a good drill or two in Alaska. Icewine will be quite a litmus test for the GB/OEL project. Fingers crossed.
 
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