88E 50.0% 0.3¢ 88 energy limited

88e'rs Stand and Be Counted, page-30

  1. 626 Posts.
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    Rightly or wrongly (WELL obviously wrongly!!) I thought once we got passed the three "Achilles" this play will purely be a punt against the future oil price.

    I still believe this to be the case in a sense, but now concede that I failed to factor in price suppression by major holders and also those investors that went for the "Early Bath" option.

    I think the 2/3D report + a decent oil price should bag our first "Farm Out" partner this year, which will hopefully fund ice 2 and possibly more land.
 
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