506
Investor Research and Discussion from Continent to Continent
Just try to ignore 88 right now, it’s summer season, nothing really will happen, come back in December and hope for the best
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It’s not a discovery until we have exact flow test data and the market knows that…
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I have owned since 2021 I am now along I hope I didn't make a mistake by not unloading when it was mid pennies
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Just do the okey cokey round your living room in the meantime... Or the can can... Always helps...
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This stock is sooooooo frustrating ughhhhh!!!!!
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ive asked in the UK group, see what they reckon
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This is what we had last week on ASX, OTC USA and UK LSE
Patience everyone….
Thats about $100k usd in transactions
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It might appear to be quiet but there’s the subtle hum of building momentum… This is from last Friday 11th
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Stock ready to tank again T-minus 15 seconds.
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I havent checked in here for a while…there was a hostile takeover attempt?
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https://wcsecure.weblink.com.au/pdf/88E/02665033.pdf
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Going to raise more money for next year and dilute shares
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It's just kind of deflating because this seems like the best Discovery to date but it's definitely not reflected in the SP but maybe we finally have real long-term investors here not just Pumpers
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This will pay off, it is just taking more time than anyone would have wanted to wait.
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Keep heart Mike, we have oil and lots of it! So much to look forward to later this year/early next year🌟🌟
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When they do finally get to the flow test, what are expectations for # of BBOE per day initially and once things level out? 1,000 BBOE initially then dropping to 500 BBOE ? What numbers would you like to see in the flow test?
Then, How many wells will be drilled and does a partner like SLB fund and operate the wells in return for 20% profit (this is an arbitrary number)? They will need a partner to do this because it would take way too many shares to raise the amount of capital needed for that many wells.
Close by, Willow plans on 200 wells on 3 different gravel pads to produce between 180,000 and 200,000 barrels per day of oil, condensate, and LNG.
If the company model has really changed from Wildcatter/Exploration to Production and drilling, this would be the perfect project to make that change. Then use cashflow to buy back shares the first 2 years, (after production starts) then start paying a dividend. They just really need to get the open shares down to 1-2 Billion and below.
What exchange was that?
Nowhere near that PPS anywhere I can see?
And taking up the slack free float which sounds good to me....flat or Up is all I want...
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Read this letter from 88E, spill meeting was called to take over the management.
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Well done shareholders and thanks for your voting. Hostile takeover attempt of 88 energy failed miserably.
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