88E 33.3% 0.4¢ 88 energy limited

Just another bonus it's no bonus unless we have the money to...

  1. 541 Posts.
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    Just another bonus it's no bonus unless we have the money to drill for unconventional.

    premier drill next year and if successful drill the year after.

    still gives us no timeline on where we are in regards to drilling for unconventional. Where is that money coming from. That's why we wanted a jv. So next unconventional drill is going to be in what two three years time from now.

    thats not a good investment for anyone what's been here since this started.

    i put 10k into a new business just over a year ago and have turned over 1.7 million.

    there is no way any large investor is going to give us 20mil to push this to where we want it anymore. This will take years to get any real returns and we need to cap raise to do it.

    how many of us is it going to take to raise that sort of cash because If institutuonal investors are the ones getting first pick at the cherry they haven't been there this time around.

    i get the feeling of they did a cap raise publicly they wouldn't get enough interest to complete it

 
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