88E

0.00%

0.2¢ 88 energy limited

LSE tonight, page-11577

First 11577 Last

Share
Profile

Follow
spinefx

9,513 Posts.

1068

14/02/20

19:49

Post #: 42944314
Share

Originally posted by Rossi70 ↑

Hi Muzzac,

In the past, DW, mentioned, that 88Energy will be sold.
For us to put the for sale sign, a lot thing's have to go our way and luck.

First, we have to drill, the Charlie prospect.
Second, we have to find Oil.
Third, we need to to do production testing in 2021.

Once 88e have a Oil In Place, eg XXXX amount of oil, then you can put an price on, what some one / operator is willing to pay.

In you post above you mention about (

potential reserves have been proven to 2P?), this is correct, but it will not occur till 2021, at the earliest.

The 3, 4 or 5 dollar's a barrel, was mention last year, when DW, was in London and he did the presentation with 88e share's holder's.

If you look at the presentation, dated November 2019, on page 4, it as reference to what Oil Search did back in 2017. (Oil Search Alaska transaction in late 2017 valued 2C resource at US$3.10 per barrel).

http://clients3.weblink.com.au/pdf/88E/02174284.pdf

So that how I came with my assumption's and any thing is possible, maybe some very big oil company, might come along and offer 6 dollar's a barrel.

No body know's what will happen in the next few month's, but it will be a hell of a ride.

@spinefx or @olderwiser, can you please post the link, of the Audio Presentation, that DW, did late last year, for all the new Investor's to listen to.

It will be much appreciated. Thank's.

IMHO.

Regards

Rossi70

Expand

Hey Rossi,

At the risk of cutting @olderwiser 's grass, here is the link to the audio.

https://www.dropbox.com/s/pkn67ubzmq500pc/88e v6 globe presentation 29th nov 2019 3_1_1.wav?dl=0

Much of the thanks goes to @LeMajor for the audio capture.

Cheers and Friday beverages

Last edited by spinefx: 14/02/20

88E Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

What each US election outcome would mean for Australian companies & investors

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Making money: How many microcaps should be in an investor's portfolio?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

There are more pages in this discussion • 2,859 more messages in this thread...

First 11577 Last

Add 88E (ASX) to my watchlist

(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $57.86M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$6.36K	3.180M

Buyers (Bids)

No.	Vol.	Price($)
6	3816389	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	578884190	214

View Market Depth

No.	Vol.	Price($)
5	1316389	0.002
321	909778374	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	487651343	206
0.004	188266481	113
0.005	56453253	49
0.006	45265800	31
0.007	34055443	20

Last trade - 13.38pm 01/11/2024 (20 minute delay)

88E (ASX) Chart

LSE tonight, page-11577

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

What each US election outcome would mean for Australian companies & investors

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Making money: How many microcaps should be in an investor's portfolio?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

LSE tonight, page-11577

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

What each US election outcome would mean for Australian companies & investors

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Making money: How many microcaps should be in an investor's portfolio?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News