88E (ASX) Sour Grapes

Originally posted by docmin24 ↑

To clarify as people are getting a bit worked up over my comment. My comment is just my opinion re this well. I am just not that confident. Hope I am wrong. Not here to talk up a well which has issues in my opinion.

Last year I was furious about IW2 and mistakes were made. Then the shut in. Options suffered along with heads. This was openly commented there and then. My opinion hasn’t changed. This well has risks etc.

I have been in O/G coys for many years and as a top 4 holder in another company which failed big time by mismanagement imo. I have met many industry professionals. Even been sued. I research and seek info from situations when required. I get no special treatment and insight then anyone else. Just a proactive investor who investigates. I spend my time outside of forums wanting answers and utilising experts to increase my knowledge NOT to influence the market or benefit personally.

I would have thought that’s to fundamental approach to safe guard ones investment. Some key board warriors here just follow and talk up with no idea or substance of what they have invested in. Just like gamblers in my opinion. I am not one of those.

So those who think I am not a genius poster then use the ignore button. However most holders appreciate my input and I will continue to call it when I see it.

Big deal so I gotta chap to talk about the failure of the well and going forward with solutions etc.
One idea was to use acid to free any blockages in Fracs to increase flow or similar eco friendly products a friend has used many times on other wells all over the world. Simple process of floating ideas which may or may not increase this troubled well chances of success. Nothing more nothing less. So 2 comments I read were way off the mark and I didn’t like the conitations voiced. Life in a public forum. That’s life. Maybe keep opinions to my self in future. Life’s a learning curve I guess. Lol.

To read a couple of responses about my simple comment which I made last year and again my own plan was totally questioning my character and integrity I was disappointed. Always will defend my integrity. Many posters know me personally as do many directors on other stocks. I do not play games on any forum. Anyway moving on.

I am a very honest poster who see’s a troubled well and comment always with integrity. I get no special treatment and like most here is focused on their investment and making money.

In 2 months we will all know but I will standby my game plan re this well and will take profits. If well results better than I am expecting will make more. Simple. That’s my plan and will not hold after well completed only to see SP rise then fall away again as has happened 4 times over past 2 yrs. this is a stock to always take profits and ride the momentum’s when come.

This is a spec stock with high risks and I am lucky or unlucky to now have significant losses and will work to recoup. Simple as that.

So if people want to suggest I am a troll, faceless and here for another agenda or get special treatment you are completely wrong. You have your opinions and I have mine. I know for a fact many holders see this well as it is and have a simple plan as I do. That’s to take profits and make more next year.

Agree wonderful posters here and not everyone will agree. When stocks sit around for many months not drilling the posters get ressless and people nervously post rubbish in both over positive or overly negative. I am NOT one of them.

So DYOR as I will and comment accordingly. Have a good day to all. Big supporter of Dave who is very professional. That’s why I invest in this stock. Many more drills to do until we get bought out and hopefully that’s when we all make some big money.

Enough from me focusing on family and to clarify snorkeling with whale sharks not scuba champ. lol. Now back to wiring my boat. Enjoy all. End of issue from me. Moving on.

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Excellent post from a clear minded investor. Thank you.
I believe many of us become emotionally attached to a stock which is the worst mistake one cam make in investing in shares.
This is a speculative share with an excellent management team and a 50/50 chance to hit it big time.
But it is not for those who do not have a sensible risk management approach to their investment in place.

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0.004	321788236	85
0.005	193661661	107
0.006	112918183	105
0.007	205297130	68
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(20min delay)
Last 0.4¢		Change 0.001(33.3%)		Mkt cap ! $115.5M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.3¢	$85.34K	21.97M


Last 0.4¢		Change 0.001 ( 0.00 %)
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0.3¢	0.4¢	0.3¢	29274106
Last updated 15.59pm 03/05/2024 ?

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