88E 0.00% 0.2¢ 88 energy limited

LSE tonight, page-6748

  1. 13,575 Posts.
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    Dont I know it Lucky.

    Just looked at my 88e portfolio and Ive pretty much halved in the last two weeks with probably more pain to come.

    Funny, or dangerous as the case may be, I hardly even reacted for some weird reason. Perhaps my Dads recent passing puts all this money thing in perspective and its not so much the money but the experience that I relish, as He did with most things in life !!!

    Yes Im pissed, but I only have myself to be pissed with.

    Im pretty sure D.W and PB are doing all they can to make this work.

    Will they ?

    The market is currently saying a big NO imo and they may well be right.

    But Im prepared to give these guys the benefit of the doubt in what they are trying to achieve.

    The history of this industry is telling in this regard and PB didnt succeed with the EF until many mistakes were made before they succeeded.

    The knowledge on such plays improves daily as ours seems to as well.

    But then one cannot know fully what goes on at depth until one gets down there and tries a few things out.

    The technology is improving almost daily and a big factor in my mind is the shear AMOUNT of oil down there. These volumes of resource almost justify finding any way U can to extract them IF feasible.

    d.
 
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