Icewine S/T outlook., page-37

If this ends up as a duster (a dry well) after management have stated that the oil is there in a sweet spot, an estimated XX Billion barrels of it.....

Then there may be riots on the streets.

I get it, in the penny stock world there are untrustworthy people....

But what makes you bring out the 'Duster' word? What are you basing this on?

Anyone who trusts the 88E management will believe the oil is there and it's a case of unlocking the door to it. Therefore, as there have been problems so far, it may be a case of working out those problems, working around those problems, and maybe even starting again with a newly drilled well and refined frack design.

We have been told the frack is the risk. The reservoir being a duster is not the risk. Therefore, if this is going to be a failure, then there needs to be something that we can't overcome that is hampering us accessing the billions of barrels of oil.


Again - if this ends up being a duster, people will be fuming their flaming kangaroo's underpants off.