88E 20.0% 0.2¢ 88 energy limited

What is 88's Future, page-2

  1. 418 Posts.
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    Doc for what it worth, I take a very simple view-

    a. We have massive acerage
    b. We have massive amounts of gas.
    c. We have Oil potential assets that are too risky or small to explore.
    d. We have a CEO and BOD who cleverly hedge the company’s exploration risks to ensure their longevity.
    e. We have some cash in the bank to only participate in further farm-outs.
    f. We have a BOd who will not sell assets as they believe the huge acerage will deliver oil but no money to explore it.
    g. We have a world hungry for energy and a population that’s is growing very fast.

    My take out of all this is that one day the gas will be worth a lot of money and I am just sitting with fingers crossed for however long on a massive paper loss in the hope 88e under whoever’s stewardship turns the investment into something good.
 
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