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Otto half-year sees production rise, revenue fall

Impairments cause US$14.3M loss

Mark Tilly
Otto.jpg

Otto.jpg

  Underlying EBITDA increased by 718% to US$2.5 million, compared to the first half's US$300,000 as a result of less exploration expenditures. However adjusted EBITDAX was reduced by 50% to US$4.2 million,...

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