88E 33.3% 0.2¢ 88 energy limited

Capital Raising, page-10

  1. 1,021 Posts.
    lightbulb Created with Sketch. 17
    and that is exactly my point. If they have had any doubt about the unconventional, they would be raising capital now as no one will be giving them capital if it fails. There would be much better value elsewhere on the ASX.

    Given the current hype, if the unconventional was in doubt, they would be currently raising capital to move on and start the search for conventional oil.

    Given the confidence in your resource means there is no need to raise the capital now prior to the release of the final results.
 
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