Ann: Merlin-2 Well Reaches Total Depth, page-291

The SP should rebound a bit imo next week so no rush to sell, panic and attack posters who have a different take on 88’s situation as plenty of buy volumes are still on the boards. Some will actually make money buying in low 3’s, but that’s not for me. GL.

Some here will go over to IVZ and Scott is a straight talking MD. I respect him. DW also has been involved with Scott leading up to their drill. So GL to those who have joined IVZ.

So opportunities are available. My O/G investments are not a large part of my investment portfolio going forward. The fallout of this well along with all the others will imo have a big downside effect to 88 going forward. Many like myself just do not believe any longer in the abilities of 88. 88 must be happy they did a CR. The frenzy hype has well and truly left 88. I am really focused of REE, gold, nickel, cobalt sectors.

So it’s Important to dust oneself off and move on, a small loss isn’t the end of the world as the market has plenty of opportunities to recoup. For those wanting to hold, all the best, long yr ahead though but they will once again be drilling somewhere sure of the caravan wheels will continue turning. But being honest my appetite for 88 is no longer.

Look it is disappointing but SP hasn’t been smashed and holders not sitting on massive losses. So let’s be real here. Yes people were hoping for last years repeat wrt SP. Didn’t happen and won’t happen. Except this guys.

Yes Merlin 1 and 2 could be valuable in years to come once they have gas infrastructure in my opinion. Until that happens this will be considered as non viable and that is the reality of this situation. GLTA.