88E 20.0% 0.2¢ 88 energy limited

Ann: Hickory-1 Upper SFS Zone Flows Light Oil, page-405

  1. 480 Posts.
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    What
    No come backs from anyone, or has the reality of the situation finally hit home.

    We are in the middle of the flow testing and our price has gone backwards.
    If that doesn't raise alarm bells for everyone, nothing ever will and if you don't think management are planning something that will invariably destroy our price, you haven't been paying attention.

    The window of opportunity to complete the flow test is closing and don't be surprised if they don't complete it and it becomes next years problem, rinse and repeat.

    Or maybe they've realised our price is not going to rise on the back of the flow test ( or the flow test numbers are not as good as they pretend) and will now quickly take the opportunity for a CR before the price totally tanks and collect some money to keep them employed for another year.
    They'll then do a consolidation , screw existing shareholders, make promises to a whole new generation of potential investors until the SOI become a major problem once more. Sound familiar.

    Let's see how right I am.










 
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