I knew Wall would have an ace up his sleeve to commence his PR blitz but it appears he has two!
The first is the commercialisation of the Charlie-1 gas. He is now formally quantifying the amount and suggesting a specific timeframe as to when initial work will commence.
The second, and for my money the more bullish news, is he is announcing a specific time - July to September - for the FO of the new well adjacent to Charlie-1.
FWIW I consider this a milestone announcement.
He is trying to give this stock "legs" as well as promote the FOMO. If the 2 wells are duds the SP is not going back to a tenth of a cent because there is too much potential elsewhere.
Be very interested to see what they make of this tonight in London. Very tempted to grab a few at 0.9c.
BTW consider this the opening salvo of a PR campaign to push the SP higher. Its only just begun.
Ann: Operations Update, page-3
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add 88E (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $20K | 10.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 182 | 174177231 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 599471151 | 243 |
View Market Depth
| Last trade - 10.00am 18/10/2024 (20 minute delay) ? |
| 88E (ASX) Chart |