News: 88E 88 Energy Proposes Placing To Raise Up To A$9.8 Mln, page-63

Neversatisfied,

And you may well be right.

They have been talking about farm-outs for every well they have drilled. Farmed out 2 from memory, 1 of which was a suss trading opportunity in my view. In any case not one of the partners has hung around.

Leonis might get a sniff but I doubt anyone wants Project Phoenix, I've not read of any interested parties, have you? I'm sure the company would be more than happy to be promoting that some players were in the data room.

I work on the theory that the best indicator of future performance is past performance.

I'm not confident if them moving forward in Alaska when they have already signaled that Namibia is a key step moving forward.

That's my view and I'm happy to be wrong.

No biggy in the scheme of things, I'm not playing for sheep stations.

IMO.

Cheers