It’s not the investors, it’s 88’s confidence in the market and too many cap raises/ shares on issue. Along with 2 failed wells which cost a heap.
The only way to change sentiment is with back to back successful wells. This is the only well forecasted for 2019 without a FO.
This FO deal is so critical for 88 going forward in my opinion. Anyway hopefully the well comes good and FO.
Ann: Operations Update - Drilling Commenced, page-27
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