It would be good to see a breakdown of the expenses for the next quarter relating to each of the different projects as otto energy provide in the quarterly report in the corporate cash outflows section. It would appear as though the next quarter will result in very little change with the cash balance as a result of expenses relate to sc63. It really does appear as though the company is fixated on holding service contracts instead of developing existing assets.
Galoc, sc54 a&b , WL,sc58,bonito,Indonesia, nido and matinloc ... Too much perhaps phill
NDO Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held
