88E 50.0% 0.3¢ 88 energy limited

AGM wrap., page-66

  1. 31 Posts.
    Thanks xDom

    Like I told the guys yesterday, I was extremely lucky (and I stress the word luck) in that I bought my heads at 0.7 cents and oppies at 0.4 cents in early 2016 before the major run up to 8 cents where I free carried a majority, then free carried the rest with a little profit in the spike in August 2016 at 6 cents. Today's price was too irresistible sitting on the 200 day EMA, the lower Bollinger band and with spud just around the corner, a lot of catalysts for a too good to miss out opportunity. Looking for more hopefully next week. I still maintain my important timeframe of 2 to 3 years for this play until that fundamental changes I'm in till the dilineation well program is completed because I can only imagine how great those NPV calculation scenarios must be, assuming an Icewine 2 vertical well success. With the Conventional leads too and the neighboring finds of late, again to me too good an opportunity to miss out on

    The main reason I must admit that I got in originally was Paul Basinski, his intellectual property, experience and know how precedes him resoundingly. Also his apparent confidence level in leasing more acreage (actions speak louder than words to me always) and the confidence I perceived in him from the video of the London presentation on 20 February 2017 again suggests to me too good an opportunity to miss out on.

    I do have a bullish confirmation bias towards 88E I must admit but I try to live my life on some wise old adages that you only live once, no risk no reward and one of my personal favourites, no guts no glory.

    All IMHO, DYOR and GLTAH
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(50.0%)
Mkt cap ! $86.67M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $10.05K 3.566M

Buyers (Bids)

No. Vol. Price($)
152 214316072 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 581110328 194
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.