88E 0.00% 0.2¢ 88 energy limited

Ann: Hickory-1 Flow Test - Second Light Oil Discovery, page-102

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  1. 769 Posts.
    lightbulb Created with Sketch. 299
    And you honestly think anyone would invest further in this dog of a stock.

    How many shares do you think they'll issue in the next CR to obtain anything useful. And there will be many more CRs , they have no money.
    5 bill, 10 bill, who knows , takes the SOI to 30 bill plus . What do you think happens to the price at this stage.

    Then add the consolidation, which allows them to build it all back up again using new investor money while existing shareholders see their shares disappear into oblivion.

    Come on, time to start looking at reality.
    We all waited with bated breath for the flow test and yet here we are at 4/5.
    Drill is packed up for another year and they earn their salaries for another year doing sweet FA.
    I've lost a load and I'll take my medicine like a big boy but please stop with the ramping and cheery outlook.

    There are no sunny days ahead for 88e.
    Maybe after the consolidation and subsequent collapse in price, might be worth a punt at that stage.

    Anyway good luck to those that still hold, I feel for you.






 
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