Not just your post, which surprised me, but others. How is he down ramping? I get called this from 1 child on here. The facts are this, 88 do this on their own imo and for 6 years straight, posters don't need to do it. How can anyone down ramp a stock that spends 10-11 months sub 1 c every year and only appreciates in value whilst doing their yearly drill.
Sensible and understanding posters understand the comical 88 cycle, simple as that! 88 has a terrible record and is one of the biggest laughing stocks around. Has absolutely no creditability imo. Track record speaks volumes and truth to me!!! None of us really care, we are just here to buy predrill and sell before TD, hence why SP is stagnated lower and for longer this time round, market understands this, as do 20 Billion share on issue!!!
88 isn't anything like GB/PANR. We are stuck with a team IMO who are more focused on a lifestyle, seriously question the experience and quality within 88, they do one yearly well, using poor quality data previously, questionable drilling and locations decided, etc etc, than to be seriously considered a serious oil explorer/producer, again imo.
This well could finally change market and my sentiment. Hope so and I am happy they finally went back to IW1 area, PANR proven this as has commercial oil. Why hasn't 88 realised this in last 5 yrs and wasted hundreds of millions and damaged their market reputation, down ramp my A$$!!! How many wells has PANR found to be commercial and in what time frame? Look at the millions spent they spent on quality data, 88 just buy land and use 20 yr old data, so don't even bother comparing.
OLDER is spot on, not my fault that some of you don't like the facts then understand them imo. 88 achieved noting to date but a blown out 20 Bil SOI and just beg for cash constantly. Facts are facts imo and this isn't down ramping. SP is below 1c for 11 months a year mate, what's is there to down ramp about, seriously, lol, just focus on the drill mate and make a few $$$..... Night all...
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