Game plan, page-36

Bobbym,

Why wait?

I'm gambling on

"Farm-out process: preferred bidder selected, indicative terms agreed => final due diligence and approvals underway prior to documentation and execution"

Weeks not months, we are told.

I'm also backing that should the farm-out be secured, although it may not be the best deal for us, it's probably the best deal we can get, that the market will view this as a positive endorsement of 88e's conventional program.

I'm also backing a price higher than current.

If course the market may view it as a negative and the sells might dominate. That's gambling.

My view however is blinkered by the bulk of my holding bought cheap, unfortunately many others do not have this luxury.

Cheers, it's Friday, enjoy a cool frothy beverage.