88E 25.0% 0.3¢ 88 energy limited

Ann: OFF-MARKET TAKEOVER BID FOR XCD ENERGY LIMITED, page-30

  1. 3,030 Posts.
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    It smells, but hard to tell if its good or bad. Assuming everyone is doing the right thing, the only thing I can see is that Charlie 1 yielded info that makes XCD ground a compelling acquisition. Shallow wells may be cheaper to drill therefore more likely to get punters on board. They also have $1M in the bank.
 
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