88E 0.00% 0.2¢ 88 energy limited

Qtly rebalance 88e removed from All Ord indices, page-32

  1. 494 Posts.
    lightbulb Created with Sketch. 157
    I suspect a positive announcement from 88e around Thursday. The sp is unlikely to move despite Aussie/Bill comments.Reason25billion shares and muted consolidation.

    What may cause a blip will be a farm out on Leonis, and Hickory Down the track. This is though only guesswork based on announcents that indicate some negotiations are taking place.

    We have our AGM in May:

    CR certain
    Consolidation - highly likely 100:1
    Farmout: ?
    Namibia : watch for CR to support 3D and targeted drill program
    Longhorn: Drill new holes (?funded) will still not return what was promised when originally purchased.

    ? Burgandy additional funds??????

    DYOR - all my own opinion
    Last edited by redbeardoil2: 04/03/24
 
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