88E 33.3% 0.2¢ 88 energy limited

Cheers for this, I see my 10 mil buy with Commsec at 0.005,...

  1. 5,298 Posts.
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    Cheers for this, I see my 10 mil buy with Commsec at 0.005, thought I nailed once again the bottom, then went through all the financials and factored in their excessive cash burn each month, which some on here still can't see and fail to account. Company not interested in reducing these excessive costs, why should they as non-holders, cost them absolutely nothing, as we all bare these unacceptable costs!!!! Not acceptable imo.....

    Conclusion might have been a wasted buy (hope not) if SP remains at these prices until 88 do another CR in early Jan 24, as imo they will not have enough cash to fund this flow test etc and survive another comfortable $$$$$$ long hibernation until next winters drill, when the doona imo is finally lifted again and 88 drill next in 2025.....
    Last edited by docmin24: 26/10/23
 
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