Ann: Operations Update - Interim Results from Drilling, page-106

Think you are wrong. If this well is deemed a failure, plug and abandon, then 88e will be seen to be in a weak position with low cash reserves and a high share register. Without a FO 88e will be forced to do another CR at lower price range that will add at least another billion shares to the register. On top of that the FO room has been open since July(8 months) and still no offer. Why? Do these interested parties have doubt in whats offered or is the price to high? The fact that winx1 may be filled with water will now play on the minds of the FO parties as to weather 88e has the right assessment of the conventional.
Consider this: 1.Winx1 failure and 2. No Farm Out deal - where does this leave 88e? Perhaps Yukon, but with limited money and a share price that will fall by at least 50% on fail of 1. and 2. then 88e is truely up “ship creek”. Consolidation would also have to come into play.
Hope they can salvage something from this drill and release it before monday open otherwise we’ll see a 100 million plus shares traded and a drop of minimum 25%.