88E 0.00% 0.2¢ 88 energy limited

Ann: Hickory-1 Well To Proceed to Flow Testing, page-179

  1. 1,645 Posts.
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    Yes, I stand by what I said, they drill once a year, the market is not enthused by a 10+ month wait.
    Added to the fact that 88e consistently raise cash every year, like clockwork.
    I don't see much reason to hastily buy in when we already know that any meaningful activity is many months away.
    I will wait for those who get impatient and sell to chase rainbows and crytalise losses, this is where I will swoop up the cheapies ready for the next season.

    Feel free to eat a slice of humble pie when my 0.7's get hit, and you can eat the whole pie if the 0.5's do.

    I too have traded and watched 88e for circa 8 years now, with some nice winners, and some lesson learning losses.

    This is just how I choose personally to play it, this is my strategy, it is not ego or nonsense driven, it is driven by history and lessons and patience. I apologise if my logic is lost on you.


 
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