88E 0.00% 0.2¢ 88 energy limited

One week to go..., page-5

  1. 3,661 Posts.
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    We should be near our nadir, imo. Which as it should, determine what our upside might be if we get;
    1. An announcement showing commerciality around flow (say >80b/d)
    2. An announcement showing higher flow (say 120+b/d)
    3. An announcement showing ongoing isssues with inventing flow, requiring further assessments, including swab, or
    4. An announcement suggesting the tech is at this stage unable to commercially extract, that we cap and seal as an interim, and move to the conventional prospectivity.
    With our prospective resource currently valued by Hartleys, (et al) @ a conservative 2c sp, i'd be interested to hear where our retail analysts see our SP in each of the tabled outcomes.

    My thoughts;
    1. Tempered... a smaller spike but re-settling at around a MC 250m (5-6c sp)
    2. Euphoric... a large ($0.10-0.15) spike, re-settling at around a MC 500 (~$0.11sp)
    3. Resignation... holding reasonably firm at high 2c's, with spike potential understood, trader's plaything
    4. ST dump, towards say a MC 50m (1c sp), scaring out all bar the fixated, and perhaps settling again around 2c conventional (the Hartley's conv. val), traders plaything.
    NB: Of course, there is Jim's 10m valuation sitting there (no doubt with his bid at $0.002), although i think for the board's sanity sake, we can leave it in Jim's fantasy land, where it belongs.

    Any thoughts?
 
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