88E 25.0% 0.3¢ 88 energy limited

Ann: Investor Presentation, page-8

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  1. 5,343 Posts.
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    Encouraging report. Plenty of excitement for 2019. How's the calibre of our board, so much experience. Hopefully this team can realise the rewards.

    Only concern for me is the cash, obviously farmouts are essential going forward but surely a cap raise has to come at some stage. In O/G business 5-6 mil is pennies we need at least 20mil to exercise our drilling program, has to come from somewhere. What would excite me is seeing a finalised drilling program, personally would love to see a few wells in 2019. Fingers crossed this is announced in due course. Confident DW will be working hard on this.

    I guess a lot of work to do behind close doors re farmouts etc now that data room open. Confident DW can sell a great pitch. So 2018 will be a sideways movement until farmouts announced and then the drill to hit the ice again. So plenty of time to accumulate this year at low SP in readiness for another attempt to see some SP success in 2019. So for me put in draw an accumulate when I can. GLTA.
 
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133 138652810 0.2¢
 

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Price($) Vol. No.
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