88E 20.0% 0.2¢ 88 energy limited

Ann: Conventional Prospectivity Review Complete & Icewine2 Update, page-83

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  1. 541 Posts.
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    1.5 is huge and looks like we will need another seizemic shoot so I'd expect slot more to come.

    If ice 2 gives us 30c a share I imagine 88e like a giant pressure cooker that slowly releases pressure over time pushing the share price north.

    There's oil there if a farmee give us the funds to drill multiple holes at a time each flow test will multiply our wealth.

    1.5 billion barrels at a high break even of $30 so a value of 37.5 billion dollars for a potential partner. Question is after ice 2 how much will they be willing to pay.

    Should be enough to fund all exploration possible dividend maybe some production wells if they choose to go Down that route.

    Would be nice to get there in 2 to 3 years to realise our full potential.
 
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