88E 0.00% 0.2¢ 88 energy limited

Ann: Large Independently Assessed Resource at Project Icewine, page-20

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  1. 5,356 Posts.
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    IMO once they announce the FO partner and tech details/data of the upcoming drilling plays, especially if a quality company and terms not too harsh for us. As they say plenty of bidders.

    88 can’t afford for SP to fall back to 0.005/6c. Maintain momentum so announcements have to keep coming out to kick the SP along. Only the FO details and drilling tech details with COS/reserves left. My take 2-4 weeks, before Xmas in any case. That’s what I would do.

    My biggest concern which prevents me buying a much larger holding at this stage is if they consolidate or not. Wish the company would address this game changer elephant in the room imo before the CR. Has anyone directly asked the company about consolidation? GLTA.
 
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