88E 25.0% 0.5¢ 88 energy limited

ASX Today, page-205

  1. 626 Posts.
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    You have to be brave on this one to hold past lCE2, as you could quite literally lose yer shirt.

    However my risk appetite is quite high, as I don't mind swimming with gators and now I'm told bull sharks hunt in the river that I've been fooling around on.

    That said if the conventional side comes off, you should make money at these levels regardless.

    Going forward I believe we'll get our farm out and potentially have funds to pull out the black stuff ourselves possibly Q4 next year.

    In terms of SP movements I'll just sell a small batch whenever I feel it's overbought and use that price as a marker and when or if the buy price drops approximately 10% I'll buy back.

    It's quite labour intensive, but how else do you maintain interest for what will or should be a long term project.

    Hopefully it'll pay off and I'll be putting my feet up in Florida for good.
 
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