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Nice write up by Wise-Owl on OEL - with a 12 month target of $0.68.
A suggested stop loss of 20c????
Can we break the 40c resistence levels they refer to, yup just a matter of time...
OEL - one to watch in 2008 as it becomes a producer of Oil & Gas
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 Originally Posted by shasta
Nice write up by Wise-Owl on OEL - with a 12 month target of $0.68.
A suggested stop loss of 20c????
Can we break the 40c resistence levels they refer to, yup just a matter of time...
OEL - one to watch in 2008 as it becomes a producer of Oil & Gas
Hmm Shasta, I prefer this write up the title page of the thread. Very interesting little company we have here.
FINALLY
Quote from RM Capital’s research note
“Otto is currently trading at an 84% discount to our base case valuation
of A$1.75 per share..... We consider Otto represents a compelling near
term investment”
Thank you.
Please visit us at our booth at the conference or website at
www.ottoenergy.com
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Junior Member
Originally Posted by yogi-in-oz
Hi folks,
OEL ... as requested, here's some astroanalysis for
the next couple of months:
15-16112007 ... minor, but positive ... 2 cycles here and may be strong,
until around 23112007
27112007 ... positive news expected here
30112007 ... negative aspect ... finance-related???
14-17122007 ... 2 cycles here ... may be significant news.
27122007 ... minor and positive ... finances???
04012008 ... significant and positive news expected here
14012008 ... positive spotlight on OEL ...
18-21012008 ... minor cycle
25-31012008 ... minor news ... 2 cycles here ... may trigger
a negative response.
12-14022008 ... 3 cycles ... should be strongest period in February 2008.
14022008 and 2803-01042008 ... should also be the strongest days in March 2008.
happy days
paul
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You`re funny paul, but interesing assumptions nevertheless.Your assumptions leave you wide open to criticism but your obscurity makes up for that.Clever.
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Junior Member
Originally Posted by shasta
Having been stopped out of PSA & AMU over the last 3 days, i decided to top up on my favourite oiler... 
35c is pretty cheap when we are getting NDO's Galoc drill updates & we know over 4mmbo of the Galoc oil field is all ours!
Galoc is bigger than NZO's Tui oil field & thats not our biggest target by a long stretch...
Yes, you would see the obvious accumulation/not yet phase that some stock go through before they run.Like an indeterminable (time wise) pause before running.
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Originally Posted by Wysiwyg
Yes, you would see the obvious accumulation/not yet phase that some stock go through before they run.Like an indeterminable (time wise) pause before running.
Nice ann re the 50% acquistion/farm-in from Ascent Resources for 2 Italian permits in Po Valley (onshore).
Costs of the deal:
1. Minimum contribution to achieve 50% is around $A10m in total.
2. $A3.65m to pay for the sesmic data.
3. By paying 100% costs of the first drill approx $A6m (Gazzata-1) to be drilled in Septmeber 08.
4. Reimburse potential farm in partner Deltana's costs in the permit $A400k
5. On a commercial discovery on the first drill, Otto will fund 100% the costs of drilling of a 2nd well.
6. Deltana has an option to back in a 15% working interest from Otto up to 31 March, on a pro rata basis re costs.(They had an option for 50% with Ascent Resources before this deal)
What i like about the deal...
- The price of gas in Italy is around $US10/Mscf (much higher than Australia), meaning discoveries of just 5Bscf are commercial.
- The deal is funded from exisiting & expected cashflows (as Galoc will be in oil production in April)
- The permits are close to existing oil & gas producing fields & with good facilities/infrastructure nearby, (Gas pipes, roading etc)
- Otto are shrewd operators, & by using AVO analysis they have a 100% strike rate in Turkey, the same style analysis used in reviewing the sesmic data for Po Valley.
- There JV partner Ascent Resources has multiple O&G projects across Europe, including Italy.
Once brokers & institutions read this ann & revise valuations we should see a SP north of 40c.
Once again another NO BRAINER, Otto is the real deal
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Member
support levels appear to have been breached today? im no TA expert though..
disc: holding in anticipation of galoc production and exploration upsides
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Worth a read, a high class dog
This is another of my picks in the 2008 comp, it is also a cornerstone of my portilfo, its well worth a read on a lazy Sunday afternoon.
http://www.ottoenergy.com/media/Otto...Dec%2007--.pdf
Great management and a quality gambling stock, multi company making opportunties and a multi bagger in the making actually.
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Originally Posted by yogi-in-oz
Hi folks,
OEL ... as requested, here's some astroanalysis for
the next couple of months:
04012008 ... significant and positive news expected here
14012008 ... positive spotlight on OEL ...
18-21012008 ... minor cycle
25-31012008 ... minor news ... 2 cycles here ... may trigger
a negative response.
12-14022008 ... 3 cycles ... should be strongest period in February 2008.
14022008 and 2803-01042008 ... should also be the strongest days in March 2008.
happy days
paul
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Hi Tricha,
OEL ... no news yet, but a nice doji candle on Friday and volume up,
just a tad ... so will be alert for some good news early next week,
ahead of a very positive time cycle, around 14012008 ...
Figure you have picked winner in the comp with OEL, as it has some
positive aspects in Feb/March 2008 (& more) and it should be BOOMING,
in early-December 2008, as well ... particularly, from 02-10122008 ... !~!
happy trading
paul
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Disclaimer: yogi makes no claim to be a licenced investment advisor.
Always consult your licenced advisor or other financial professional expert.
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