Should Burgundy take over the ownership of the acreage and go at...

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Ralii

2,791 Posts.

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19/08/24

11:36

Post #: 75266602
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Originally posted by docmin24: ↑

Yawn, yep this RNS justifies our cash burn at $500k a month for remuneration, admin and salaries with these couple of barrels of oil per day.

How many times will 88 regurgitate this sheet to justify their existence and remuneration and multiple CR’s imo before they ever drill again, look at the unacceptable draw out, extended timelines imo. Looks like a lifestyle company imo

Only thing I read from this is we aren’t the only suckers, on massive losses, burgundy also wasting millions from their SI’s are in the same boat as all us SH’s.

Yep great to see our 10 month hibernation period interrupted with this mid year office turn up with this non eventful regurgitated news imo. Sigh.

If only this obscenely paid and uninspiring team imo, since DW left actually bought a single share, wonder if they would be as impressed. Worst ever decision to remain a holder when DW left.

So predictable, another CR/Placement is our next vomit of news from lifestyle 88 imo. Big Sigh followed by a yawn, followed by F, F, F. Nothing changes. Regurgitating Cycle continues imo. Not impressed, who would be, apart from our regular paid company promoters imo !!!!!!! What a joke on the ASX 88 in my opinion have become.

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Should Burgundy take over the ownership of the acreage and go at it alone! They maybe more likely to succeed than waste their money with 88e incompetent management.

Just a thought..

88E Price at posting: 0.2¢ Sentiment: Sell Disclosure: Not Held
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