88E 16.7% 0.4¢ 88 energy limited

Is the flow test result good - or bad?, page-3

  1. 3,171 Posts.
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    I'd say it's just a long journey from here. Any 'new' investors with some patience, will probably find today (or when the CR happens) a great long term entry. I mean - we have oil on a very small section of a vertical well. When we move horizontally, flow rates will increase (sure it will cost money- hence the upcoming cr..which will happen) - but it will slowly be developed, and 88e will be worth more (along the same narrative as PANR). I've dumped a heap, and might dump some more today - but I'll be buying (just a little bit) at 0.003 (if it gets there), and holding for 24 months. Sovereign oil resource, in a time of geopolitical tension, yes please. Outside of that, plenty of other companies out there with far greater upside to invest in.
 
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