88E 16.7% 0.4¢ 88 energy limited

"That'll knock out those four-bucket challenge question which...

  1. 2,176 Posts.
    lightbulb Created with Sketch. 1571
    "That'll knock out those four-bucket challenge question which was used to push the price down."
    It is a simple fact RBR, the fact investors, continue to argue it is untrue boggles the mind

    Please produce a single fact, to dispute that 4 barrels of oil was the total oil produced from the SMDB flow test


    Given that 4 barrels is the total production over 16 hrs of oil production

    Evidenced by

    88e announced it in a legally binding ASX announcement in the required Appendix A

    It closely matches the 4% oil oil cut from the 114 barrels of total fluids flow in the 16 hrs

    88e are aware the public have discovered and focused on the 4 barrel figure, as an indicator of failure, and done nothing to correct it. If it were an error, it would be an OMG moment, fix it immediately

    The next question becomes, a trust issue. The RNS was written with so much spin, that the market concluded 50 bopd was the result. Even seasoned oil field geologists accepted it as a truth, as people that are accustomed to receiving the unvarnished truth tend to do, but it is now clear, it was a spin, that obscured the truth of the matter
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.001(16.7%)
Mkt cap ! $101.1M
Open High Low Value Volume
0.4¢ 0.4¢ 0.3¢ $33.96K 9.943M

Buyers (Bids)

No. Vol. Price($)
630 637252916 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 580794980 144
View Market Depth
Last trade - 13.34pm 21/05/2024 (20 minute delay) ?
Last
0.4¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
0.3¢ 0.4¢ 0.3¢ 17156665
Last updated 13.41pm 21/05/2024 ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.