88E 50.0% 0.3¢ 88 energy limited

Ann: Icewine 2 - Drilling Remains on Schedule, page-37

  1. 2,140 Posts.
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    @pootietang1986
    We can be almost certain, to a lot of serious 88 punters, that 50% risk, that witch DW has been calling out for so long is now embedded into almost everyone's psyche, it's been acting like a wall for our share price, it's been very difficult for the 88 price to breakthrough that 50% risk wall; for a good reason too; But I have very strong belief and is also why I'm still latched on to my 88 shares, not only that I believe in it but I also believe in DW's nonchalant ways of doing business and getting information through to us in a real believable format as is possible, So, because of that aspect of management competence as well.
    I believe if our flow test is in the affirmative on the hour, DW is going to let us have the announcement with the gush it deserves, and he's also going to tell us, we no longer have that risk around our necks, not in such words, but we're all going to know about that risk wall that will be dismantled, moment after this anticipated announcement, but this time with the 88 price under rocket fuel. just getting a bit excited there, but I'm sure we all know this
    If the flow result is beyond our expectation, one would assume the resource may be larger as well. I'm saying recoverable resource would most likely be higher as well, just saying!
    one billion barrel of oil is certainly a lot of oil, many larger companies don't own that much recoverable oil at one place, to have more that 2 or 3 or 4 billion barrels, all at the same place, that flows like a conventional well, would be worth wealth of extraordinary large proportion
    Just having a gase through my rose coloured glasses, can you see this developing?
    Don't believe anything I'm saying! just DYOR
    FH
    Last edited by foghorne: 10/05/17
 
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