Nice timing with the OEL purchase :cool:
Why Uran - you getting some of the yellowcake fever? :D
Tis not for the faint hearted! :eek:
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Re Uran, yes have been following this thread for a while very temted.
Lets hope Friday's announcement gets rewarded a dam sight better than ARQ.
Santos must surely be on the acquisition soon:)
Have a feeling they are going to take a partner on board, and its a big one!
Makes sense when you think about it, Turkey is producing/about to be & so is worth a few $$$ to Otto.
Perhaps Otto wants to concentrate on the Phillipines initially, & then Argentina when the fiasco over the permit is sorted!
The Phillipines has great gas potential & it seems we in the right area & with a huge acreage sitting pretty.
I have recently read this area is attracting more ASX listed companies interest.
Would KAR/MEO be interested, or another Canadian company?
Makes me think perhaps another company may want to buy most of the Turkey assets (leaving Otto with a small free carry position), to buy favour for a Phillipines JV?
Must be a big ann to go into a TH & then suspension?
Hopefully we will find out tomorrow?