88E
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0.00% 0.2¢ 88 energy limited

Ann: OFF-MARKET TAKEOVER BID FOR XCD ENERGY LIMITED, page-103

  1. JH888
    450 Posts.
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    30/04/20
    14:21
    Post #: 44354697
    Doc, notwithstanding your views about transparency and conflict of interests etc, is there anything of value to be gained in terms of of real assets. I Note from Annual Report 2019 and other documents that XCD acquired a hell of 2D 18months a go and have done some work on Torok. Whilst 146k ha leases the proximity to successful exploration could be useful. Perhaps there is value in the assets and IP. Older and Spinny might have a view on the asset value.
    Perhaps DW does see genuine value here, albeit the company is only a squirt of you know what in the ocean.
    Does their Torok knowledge add value to 88E data base and technical knowledge,
    Before you lunge at me with a Bowie Knife, I am not changing my skepticism just hoping there is a miracle in the takeover.
    cheers
    88E Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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