88E 20.0% 0.2¢ 88 energy limited

Dave Wall Podcast on Audioboom, page-22

  1. 9,401 Posts.
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    Flexmw,

    Thanks for the link.

    Couple of things from me;

    1. Dave sounds optimistic that there will be a well drilled in the Eastern part 2021. I assume this is the Alpha conventional prospect, as Premier have no interest in the HRZ. Smart option, cheap drill and close to infrastructure.

    2. No Farm-out on the HRZ this year. Dave's explanation that it is, kind of farmed-out, is, pushing the envelope.

    3. Good to hear Dave is equally disappointed in the market reaction to the Farm-out. Maybe that's why he didn't raise the full amount. Raise enough now at a low price, as next time, fingers crossed, the share price will be higher.

    Regardless though, this well is a great opportunity, both as a potential company maker and as a trade. I'm not very good at predicting price but from 1.3c I don't see any reason why we will not see at least 2.6c next year. That's my Thursday ramp.


    Hope all are well.

    Cheers, bring on the World Cup.

    P.S Go the All Blacks

    Sorry, three things.
    Last edited by spinefx: 19/09/19
 
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