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0.2¢ 88 energy limited

Ann: Operational Update - Significant Progress on all Fronts-88E.AX, page-137

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aussie155

1,414 Posts.

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10/06/16

09:46

Post #: 18003213
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Originally posted by Warnie ↑

It's the blinker brigade, hard to preach to those that have taken the PB model as some new form of religion.

Being cautious in oil related explorer stocks should be front and centre and reliance on internal management models over professional unbiased, independent reports is fraught with danger imo.

Based on internal report, you end up with circa 5boe per acre, not near enough to warrant development at this stage.

Proving up the identifying HRZ zone and ability to extract oil through what seems to be very tight clay induced formations via horizontal drilling/fraccing is no easy task in Alaskan slope, there is a long long way to go.

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Hey Warnie... I noticed you are still holding Still just your $500 or did you manage to get yourself a top at these discount prices?

88E Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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