88E 0.00% 0.2¢ 88 energy limited

Thanks domum for another great post. The thing that always rings...

  1. 142 Posts.
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    Thanks domum for another great post.

    The thing that always rings in my mind is Paul Basinski at the 20th February 2017 presentation video at about 59:22 in says the oil is there and we have a compelling resource which is the starting point. It seems to be that it's a race against time as to whether we can get the oil extracted economically. Given the 10 year leases, we have ample time and the fact that technology is exponentially advancing in shale exploration and production, it's only a matter of time before the oil is coming out of the ground one way or another. I'm quietly confident imo that Icewine 2v will provide flow rates exceeding expectations.

    Hopefully it will already increase my profit further from my long term 88e accumulation back in 2015 and early 2016 (originally as a punt) and erase from memory my prior investment in another spec oil company that shall not be named that also experienced a duster in Morocco.

    Have a great weekend all and good luck to all holders
 
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