88E 0.00% 0.2¢ 88 energy limited

Ann: Placement to Raise A$24M, page-7

  1. 185 Posts.
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    88e is definitely undervalued.. this is good news, regardless of what the Downers say, to buy in cheap and sell at the hype, they are being backed for a good reason.

    They've always maintained that they are securing the leases to expand . That I like . yes there has been some waiting , and things don't always work out the way we think they will. I look at the projects ahead ,
    Peregrine possible resource of 652 mil barrels, ICe Wine, although it didn't bring the results we all wanted, The surprise was Talitha, that had good results.. Umiat getting commercialised is perfect.. Yukon, a joint venture will get this project through faster IMO.

    So four good projects ahead, we waited this long , not too much more of that now.
 
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