88E 33.3% 0.2¢ 88 energy limited

Ann: Hickory-1 - BFF Maiden Contingent Resource Estimate, page-98

  1. 40 Posts.
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    It is my view that this Company is going to need some miracle for the shares to be valued at anything above nil.

    It has racked up losses of some $137M over the last 5 years, has minute 'discoveries' located far away from any infrastructure, has Directors getting paid close to $1.3M p.a,, Executive paid a further $1M p.a, and if by any chance they make a profit, some 30 Billion shares that the profit needs to be spread amongst.
    Good luck if the return is bigger than anything starting with a decimal point at the front of it.
    Just my opinion............I sold out long ago
 
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