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0.3¢ 88 energy limited

Ann: Operations Update, page-79

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Allthatnbagofchips

346 Posts.

39

27/06/18

13:56

Post #: 33981993
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Originally posted by Lazarus65 ↑

Yes. And amongst the understandable disappointment of our 2v hopes and expectations being under-realised (so far), we should put it within context: most of us here are unequipped to truly understand what has happened and what the implications of it are. However, the same can not be said for industry professionals and potential industry partners. As DW is quoted in the announcement (emphasis is mine):

“The HRZ play remains in its infancy and shows great promise; however, we do not know all the answers at this stage. The Joint Venture remain confident that the reservoir quality and geomechanical properties of the HRZ indicate that it has the requisite ingredients to attract a farm-in partner. We appreciate that investors want clarity and certainty in relation to the results from the Icewine#2 well and the team is working hard to provide these.”

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That statement alone proves the team believes the HRZ will work and be capable of producing

88E Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $86.67M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.2¢	$83.50K	28.71M

Buyers (Bids)

No.	Vol.	Price($)
584	1051136741	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	396130660	97

View Market Depth

No.	Vol.	Price($)
583	1049636741	0.002
142	730359149	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	396130660	97
0.004	407864727	197
0.005	173872175	91
0.006	69761298	58
0.007	148029688	44

Last trade - 16.10pm 03/06/2024 (20 minute delay)


Last 0.3¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
0.3¢	0.3¢		0.3¢	112292605
Last updated 15.17pm 03/06/2024 ?

88E (ASX) Chart