Ann: Operations Update - Project Icewine, page-225

i think most people on here are for with CGT benefit to pay half the tax on profit... I am still off by 2 months.

even if this puppy doubles you investment, you'd be better off with the tax payable in future with this stock then be sold.

it all depends if you'd want to pay for example if you fall in the 50% tax bracket
100k (taxed on 50k with payable tax 25k approx) or
50k (taxed on 25k with payable tax 12.5k approx)

IMO i still think it's a multi-bagger, so definitely want the 50% tax concession.

not all can hold capital for that long, it certainly puts day traders out...

other things to consider is price of oil in relation to Aramco IPO... which happens early next year...
Saudi Government consider's $60 to be a good price but the whole value of IPO is dependent on the price of oil next year

if you're ready to pump barrels at below or equal $50 today and after a few months same barrels could be $60+... definitely covers the cost and make some more profit. lets say a $10 difference over 1 billion barrels is $10 billion in 7 months... crazy numbers to add into valuation. we all know 88e has reserves well over a 1 billion barrel

while few see its outlook in present for quick money, most see the long haul... the whole oil industry has its eyes on ARMCO
in coming months where it delayed its IPO cuz oil price below $60 isn't favourable to Saudi Government. so should you...

last but not the least, we are yet to get the presentation for 2018. something is worth while in our data to sprung Otto into action too...

you should consider factors in a broader vision (oil market, fracking in freezing weather , north slope weather, thermodynamics)... not just 88E and its SP. most importantly the company kept its shareholders well informed... DYOR