What annoys me is that after 88 suffered delays with this flow in the USFS and recorded 70 bopd from a short flow test imo... The big question right now is why didn't 88 flow this longer and this would have given a much higher flow rate and really sparked the markets interest... Seriously another missed opportunity but is yet another mistake by 88 imo....
We all know if SMD flows and given the BFF oil presence, this should have been flowed as well imo, then we would of have much better flow rates mentioned and as we all know once they raise cash and do horizontal which will significantly increase BOPD rate and should see between 350-600 bopd.... These figures are not to be sneezed at and this puts 88 on the map as a producer... I then expect offers of at least a large position JV or even better, a buy out for this play.... This reduces the out-of-control dilution and allows funds for a few years to go playing in Africa etc etc.... That's my take and 0.007 will get hit and I can now finally see 1c by end of week and making $$$$ GLTA... Onwards and upwards....
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