88E 0.00% 0.2¢ 88 energy limited

JB, with respect, it doesn’t matter the outcome. Our acerage has...

  1. 471 Posts.
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    JB, with respect, it doesn’t matter the outcome. Our acerage has always held a substantial value based upon on a multitude of substantial reasons, including neighborhood exploration activities.
    The big issue is simply 88e Bod has failed so many times there is little chance of further capital raising. The brand is tainted and regardless of industry or business the generic market response is amassing of vultures.
    The acreage is valuable and some where or somehow the stewardship that returns all our losses or god willing even produce a profit will not be the existing board and CEO. I don’t have a grudge with either, I am simply an investor of a very substantial size, however the basic reality of “business’s ethos” is that if you fail often enough fresh capital and fresh minds will prevail , however that comes about. In exploration a name change usually veils the former misgivings, but not this time. That card has been played.
    All in my humble opinion of course and I would be very appreciative to be enlightened with a more objective strategy.
 
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