88E 0.00% 0.2¢ 88 energy limited

The burning question, page-13

  1. 2,114 Posts.
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    I completely agree with you Domum. Expectations need to be kept in check. That said, 2 billion potentially recoverable is still a "monster" in my book. The other wet cloth factor is that we are just talking about "Prospective Resources" and at today's POO, I just can't see the market giving a market valuation much more than $0.20 to $0.50 per bbl.

    After 2H is completed and we have a better idea on potential flow rates etc we will have more of a basis for a bigger valuation.
 
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