88E 0.00% 0.2¢ 88 energy limited

"Together with the independent prospective resource estimate...

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    "Together with the independent prospective resource estimate over Icewine East, 88E also raised $14.9M at a share price of 0.9c in recent weeks.

    This adds to 88E’s existing cash reserves of $6.1M (as of 31 July 2022), meaning the company should have ~$21M to finance its current and upcoming exploration work.

    We note that 88E will likely need to raise again closer to any drilling event - but hopefully, by that time, the share price is significantly higher - and this might also depend on whether 88E can seal a farm in deal."

 
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