Agree, Red and Spiney, but if our company's decision makers don't own shares, where's the motivation/incentive (apart from rewarding free shares), plus it costs a lot to pay 88's remuneration, admin and performance bonuses each year. It's seriously unacceptable to me given what this company still hasn't performed yet! This is out of touch and costing approx, $10Mil a year to keep the lights on and remain listed. Disgraceful the way I see it!!!
Then raise another $15-20 Mil to actually do something and end up blowing it on another poorly planned 4-5 week yearly drill. This one was our best chance of success, but 88 killed any SP momentum with that SP destroying RNS. So, when would this lifestyle company imo ever find the time/funds for the remaining 10 months of the year to build a gravel road/pad. Lol!!!!
Only a newly run company with all directors actually owning significant shares on market imo would ever be motivated to do something like this imo. IMO they would certainly plan a lot better than current 88 and certainly maximise the money spent and timeframes to also maximise SP appreciation. I hope both the UK and US large holders finally make some noise and we can band together to end this out of touch lifestyle company that 88 imo has become. Unite I say and make the right changes.
88E Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)