88E

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0.2¢ 88 energy limited

Good positive post and I hope it gains the traction it deserves....

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Bill Gates

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29/07/17

12:48

Post #: 26157933
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Originally posted by Lazarus65 ↑

Wabbit....you are absolutely correct that nothing said on these threads or elsewhere will change the reality of how this well and this play will play out. Including the constant repetition of this self evident truism.

However, that is not the purpose of many, if not most of the regular posters on here. Their/our purpose is to share information and build ever increasing knowledge about the company, the geography, the geology and the industry in which we have either invested or are contemplating investment. So as to fully understand the risks and rewards. If you have anything to add to this discussion that can be substantiated by something more robust than innuendo, I am sure your views will be very welcome by most - even if they are contrarian to the zeitgeist.

Most committed investors are of the opinion that the risky process of getting the HC's in the HRZ to flow commercially is still work in progress. We acknowledge that it appears more challenging than to just frack and wait as per the initial expectations set by management. We also acknowledge that 'frack and wait' would have made this well an exception to the rule. And we further acknowledge that the 'tools' being utilised by the company in tackling this work in progress - are routinely used elsewhere. And that there are still more tools at their disposal. This doesn't mean that the well will necessarily succeed. But it doesn't mean that it is on its way to failure either. Evidently still 50/50 based on all the pre-warnings by management and JV partner. Maybe it has edged one way or the other, but that is difficult to substantiate, let alone quantify. Please feel free to contribute to this point of view - supportive or contrarian or some derivative of the two. But please back up the logic of your argument.

All the best.

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Good positive post and I hope it gains the traction it deserves. A lot in here would welcome anybody who understands and agrees with your socially inclusive sentiments. We hope and wait.

meanwhile it's off to the footy

Last edited by Bill Gates: 29/07/17

88E Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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Good positive post and I hope it gains the traction it deserves....

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Good positive post and I hope it gains the traction it deserves....

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