Australia's largest stock trading and investment forum Australia's #1 stock forum

88E

Click for more information

0.00%

0.3¢ 88 energy limited

ASX Today, page-6721

First 6721 Last

Share
Profile

Follow
Terase

171 Posts.

07/05/17

09:54

Post #: 24522885
Share

Originally posted by db09striker ↑

If things go well - I think it's likely going to be around the middle of next year when we will be in a position to get the offer we want.

-Seismic on the Conventional will be done in the winter. (Hopefully this will de-risk it further)
-Getting on with drilling 4 follow up Horizontal Unconventional wells has been mentioned by Dave as potentially happening 1st quarter 2018.
-Then get the Unconventional evaluated and classified as an undeveloped resource.

After that - everything will depend on what offers we get and the POO price as to whether we wait or not.

As far as I'm aware we have already been made offers in the past. Dave said if we show them what's under our skirts if we have success at Icewine 2 - then the majors will make offers. They are definitely watching and are aware of the massive potential here. Maybe there could be decent offers after success in July. If there is competition from majors then maybe one of them will stump up something substantial to make sure they get their hands on this before any other major. But most likely, my guess would be buyout on 08.08.2018 when we have de-risked and left more on the table.

Expand

Yep. I just saw what you did there.

88E Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 6,035 more messages in this thread...

First 6721 Last

Add 88E (ASX) to my watchlist

(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $86.67M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	1000000	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.1¢	5750170	1

View Market Depth

No.	Vol.	Price($)
1	1000000	0.004
11	26200366	0.003
338	714927730	0.002
98	538882049	0.001
0	0	0.000

Price($)	Vol.	No.
0.001	5750170	1
0.002	21198027	7
0.003	363631123	46
0.004	526636020	204
0.005	237235565	96

Last trade - 09.44am 24/05/2024 (20 minute delay)

88E (ASX) Chart

Day chart unavailable