88E 50.0% 0.3¢ 88 energy limited

Arrrrrrgh!!!!!, page-45

  1. 371 Posts.
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    I'm still trying to work out why I would be bothered worrying. The IRR didn't change any opinion, and I'm still sure there will be plenty of interest in a JV or Farmout before years end. Once I start to see results that alter that opinion then I will dump. Otherwise so far its just traders doing what traders do. And the price of POO will sort itself out I believe the Saudis have more to lose in the end their not going to be dominant going into the future and are going to lose customers the price will settle into a range that suits the majority, Iran is not going away so I believe a rising POO price aint to far away. Surely it will be above $50 maybe not to far above $60. I still believe 88e has a bigger future than what some think.
 
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