Ann: Quarterly Activities Report & Cashflow, page-7

First 7 Last

Share
Profile

Follow
spyglass

1,345 Posts.

141

19/04/20

20:45

Post #: 44129419
Share

Originally posted by docmin24: ↑

That’s my main beef with 88. Not just this well but previous ones as well in my opinion. They knew heaps earlier than we had to wait over 7 days to find out this was another failure in my opinion. Why I believe both announcements was deceptive and misleading imho. I am not the only person who sees it this way.

Rather companies say just say hit TD. Now wire logging. But no 88 spins “ pleased to announce like Malguk with 4 layers indicating oil”. How reckless and irresponsible imo. Then week later say no oil found. This is and all common theme from 88.

Obviously PMO knew a lot earlier and bailed. They didn’t have to wait for further analysis. 88 will investigate till the cows come home with false hope probably saying. Drill went on the piss and missed main zone hence “not optimal “ or drilled wrong side of Malguk lol. Wrong spot from old data. Etc etc.

So 88 spin gas that they can never do anything with. Absolutely furious of this constant error riddled spinning machine called 88. Who are they trying to kid here. Most holders see right through this BS in my opinion. God I hope serious changes come to 88.

Expand

Hmm.....Doc, way back...what was your take on the Tangiers drill when after the trading halt for the duster they opened trading for maybe half a day or so before halting again to say GALP was over budget? that never sat well with me.

88E Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply