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16.7%

0.3¢ 88 energy limited

Yep. I just saw what you did there. :-P

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171 Posts.

07/05/17

09:54

Post #: 24522885
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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.

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Yep. I just saw what you did there.

88E Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.3¢		Change -0.001(16.7%)		Mkt cap ! $72.23M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$82.48K	27.56M

Buyers (Bids)

No.	Vol.	Price($)
415	812705355	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	358688793	49

View Market Depth

No.	Vol.	Price($)
415	812705355	0.002
114	568382049	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	358698862	49
0.004	526554483	206
0.005	187130731	98
0.006	74929609	69
0.007	233898820	39

Last trade - 14.51pm 24/05/2024 (20 minute delay)


Last 0.3¢			Change -0.001 ( 0.00 %)
Open	High		Low	Volume
0.3¢	0.3¢		0.3¢	19392675
Last updated 15.02pm 24/05/2024 ?

88E (ASX) Chart