88E

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0.2¢ 88 energy limited

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Ralii

2,794 Posts.

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13/09/16

06:15

Post #: 19109558
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Originally posted by AussieBarracuda ↑

Swinging by the LSE board for a change courtesy of the rubbishy bickering playing out on here tonight, this little update from Fishfingers seems apt for those second guessing their ability to be patient with this.

1. 272000 acres
2. company can still buy more land (upto 500k acres)
3. land to the left and right need access rights from 88e for access should another company buy land
4. the land is the same size as dartmoor
5. entire land considered to be in the sweet spot
6. the project has been worked on for five years
7. the main brains behind it discovered eagle ford
8. main brains worked for CP
9. main brains wants to donate $1b to Congo Charity (do the math!)
10. Alaska government huge exploration rebates
11. exec director led Cove Energy at time of sale
12. the company expects 3.4b barrels can be recovered
13. cost of extraction is $39 pb
14. dalton highway gives all year round access to land
15. taps pipeline gives access to market
16. they are not out there for the weather
17. huge finds within 30 miles
18. first drill (icewine 1 was huge success)
19. project derisked by 60%
20. neighbours maps show oil on borders of land
21. md of 88e stated 100/200 bagger
22. bank of america prepared to underwrite loan
23. all outstanding debts accounted for, $20m in the bank
24. the world needs oil
25. huge pool of unconventional is main prize
26. 2 conversional oil discoveries made
27. 2d results awaited (late October / Early November)
28. over 500 private investors have contacted Long Term Investors Group
29. excellent communication and news flow from board
30. DW said offer for company already turned down
31. icewine2 is fully funded
32. DW has said he would consider a 60p buy out next year
33. Great Bear / Otto drill early 2017 for Conventional
34. Great Bear / Otto (potentially) sharing data (offices 100 metres apart in Perth Au)
35. Suggested thickness of Shale estimated at 1/10th of a mile!!

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Some good points there, and some he said she said facts!
Let's see the video first!

Sorry, I'm frustrated with the delay in uploading the video. Also last night I was about a quarter through the audio when it stopped playing.

Last edited by Ralii: 13/09/16

88E Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $57.86M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.1¢	$27.03K	13.91M

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359	956509315	0.1¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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