Ann: Half Yearly Report and Accounts, page-68

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buster1

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116

06/08/17

12:35

Post #: 26319252
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Originally posted by Ozviking ↑

Is this you mate?

QUOTE="jimtraders, post: 26315484, member: 231631"]I personally think you have made a wise decision happydayz.

You will note the non stop hype romping has done nothing but keep the share price where it is since the last three operational updates.

People asking why need to understand that at current levels of 88e @3 cents and 88eo @ 1.2 cents gives a very lofty $200 million market cap.

This in my opinion is just outrageous given the high risk view from the last three operational updates, coupled with most of 88e exploration peers are trading around $10 million market cap for market risk.

It's my personal opinion, but anyone thinking of buying a pure exploration oil play with a current $200 million market cap, should think carefully as there may well be steep downside from this high level which could potentially shave 90% of you investment should the next couple of operational updates share the same flavor as the last three operational updates.

The falls since the last three operational updates I guess is why people are exiting like happy in anticipation.

Just a sobering view, not wanting to influence anyone in any way..ie my 1 balanced low key view vs 100 over-the-top hyper romps.

I wish all holders and management the very best of gusherings.

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[/QUOTE]
If that was Me i would have no need to have Shares in any Company. Mike

88E Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
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