88E 0.00% 0.2¢ 88 energy limited

Ann: Investor Presentation - Winx-1, page-44

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  1. 236 Posts.
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    Bit like you in that i do not trust Dave anymore and wouldn’t be surprised by a quick CR. If winx fails and we do not get a farm in deal then we are pretty much screwed.
    Why didn’t we do the simple things like prove up Alpha and go after easy conventional targets when we had money and billions less shares.
    Consolidation is coming, just a matter of time now. The days of proving up the resource and selling at 100 bags are gone. To make any money we will have to become producers under some one elses control.
    This is my fourth year in 88e, been here since .007 so am in profit but like some people here i will be looking to exit soon. The risk of failure, CR’s and consolidation is on the high side, coupled with the 60/40 split with Burgundy on any farm in deal we may get.
 
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