88E 0.00% 0.2¢ 88 energy limited

Ann: Non-Renounceable Rights Issue, page-58

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  1. 236 Posts.
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    I can’t see why they would need money to test winx. It either flows or it doesn’t. Perhaps they are not too confident about winx.
    Why don’t they drill a hole into Alpha or Bravo with this CR?
    Would be keen to hear some thoughts on what the share price may get to if we:
    A. Get a successful conventional farm in.
    B. Get a successful unconventional farm in.
    C. Get oil out of winx.
    D. Get oil out of yukon.
    Long given up on the 100 bagger and am thinking 5 to 10 bagger from here at most and even that may take years now that proving up oil and selling seems to be turning into long term production with heaps of partners.
    Definitely a share for the bottom drawer and I won’t be buying anymore.
 
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