88E 50.0% 0.3¢ 88 energy limited

Ann: Namibian PEL93 20% Working Interest Transfer Approved, page-8

  1. 494 Posts.
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    How much are you paid to spruke your nonsense policeman bill?

    Fact: 88e are paying for 2D not 3D when Alaska has already shown them the dusters as a result of 2D.

    Fact: Salaries for management is grossly excessive

    Fact: The board always does at least one or more CR's each year and management always benefits

    Fact: wash and repeat - They are following the model used for Alaska.

    Fact: Hickory was drilled down over 5 zones, but we are flow testing only 2. Why are we not testing our largest reservoir (the deepest) when we drilled it. Don't say because of PANR results, because it's downdip and DMAX is a known issue!

    We're not nay sayers Policeman Bill were fed up shareholders who have been screwed by 88e again and again:
    Fact: share price has fallen every year since Merlin

    Fact: Since Merlin2 this board has added another 13 billion shares

    Fact: 88e are now talking consolidation (25 billion shares)

    Fact: after this flow test 88e will be low on funds. New CR likely or a fire sale farmout of assets.

    I wouldn't laugh if I was you!
    Last edited by redbeardoil2: 22/02/24
 
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