88E (ASX) It’s all about to go Ballistic

Originally posted by Josh42: ↑

Interesting to see all the tumult, some of it getting a little too personal.
As one of the very first ever to buy this stock (and in huge quantities), I followed it closely for some time, but once PB passed on, I lost a lot of confidence because of the massive dilution and some odd announcements. (The one last week was poorly written and in many large public companies some quite severe action would have long been taken. Small investors MAY HAVE lost money and were certainly disadvantaged against the LSE continued trading.)
I had been trading with the shares and especially the options and decided to get out altogether and review the situation again once this hole had been drilled and analysed.
Its looking mighty good and I have begun, once again, to accumulate to speculate.
Face the facts, if you decide to dabble in speculative oil exploration shares you must expect that in the vast majority of cases you will lose money if all you do is buy and sit.
Where is Jimbo and Mike and many others?
It looks like we could be taken out if results turn from so so to really, really prospectively good.Certainly a good farm out deal is on the cards.
But let us see what the analysis shows.

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Still around Josh. This will make you laugh. 2 days ago found a small amount of idle cash. Deciding after all these years since Morocco that if anyone can pick the swings it had to be me. Had order in for 1.3 cents on Tuesday as indicated by my Babbaginator ( back from loan to BoM) . Swapped to 2.4 cents this morning. How's that for FOMO.
As an asset under production over 5- 10 years 144 million barrels should provide a level of working capital DW has never known over the past 4 years. DW risks getting the bends. Whether it's capex or opex we wont see a dividend and that is the way it should be while 88e and BEX have half million acres of shale to develop. Josh you used to do all that NPR and IRR stuff. Why don't you dust off your slide rule and run it over Icewine etc.
We might make the Ice Road yet. What was the name of the place we were headed for

No.	Vol.	Price($)
98	112188778	0.2¢

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0.3¢	624427189	225

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Price($)	Vol.	No.
0.002	5375412	5
0.003	578667432	226
0.004	223019047	110
0.005	59085042	48
0.006	35128234	35

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5375412

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59085042

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35128234

(20min delay)
Last 0.3¢		Change 0.001(20.0%)		Mkt cap ! $57.86M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$146	48.5K

It’s all about to go Ballistic, page-97

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