I have gave it a thought and now I believe that this is the best outcome for 88E.
I will tell you why....
Ask yourself this question "what happens when water freezes?
Answer is it expands.....
Now just imagine all this water in the hole freezing and expanding.....
Can you see it???...
This is what I call Fracking the ground which will realise more oil flow when winter has passed.
IMO this is a Hold.
GLTAH
Mr Heman
Ann: Operations Update - Project Icewine, page-168
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $78.15K | 38.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 123 | 120348264 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 583908266 | 234 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| 88E (ASX) Chart |