88E 33.3% 0.2¢ 88 energy limited

Fact of the matter is - the market was expecting a lot more....

  1. 3,335 Posts.
    lightbulb Created with Sketch. 120
    Fact of the matter is - the market was expecting a lot more. They hype fizzled out with a poorly written report - not to mention the error for NOT high lighting the math was across the entire 272 acres. A lot of fear and creditability is floating around now.

    We are back to where we started with Icewine1 - the same play will happen once ann start flowing in regarding Icewine2 etc.. by then we should see poo closer to $50 pb and hopefully continued de-risking well above 60% with Icewine2 results.

    Till than, i would say we have found a new base.
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.