88E 0.00% 0.2¢ 88 energy limited

Ann: OEL: Winx-1 Drilling Update, page-304

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  1. 657 Posts.
    lightbulb Created with Sketch. 27
    Had a long chat with the wife and she's told me to stay in, she said if it goes to sheet even more we make a loss either way.

    If I sell tomorrow, it's a guaranteed loss and she said we're not going to be bankrupted if it goes 100% tits up, so take the risk. She didn't even care that we'd paid capital gains last year for nought. I have a good woman here and shouldn't have started to stress, I think she was only annoyed that I was carrying a burden on my own.

    She did recall me talking about Paul Basinksi's passing last year and wondered why I didn't decide to bail then. Good question.

    Hopefully DW isn't telling porkies about a farm in partner because I was watching that investor presentation from 2017 and we should be doing lateral wells for sure this year according to his timeline. The way I see it if we cant get that happening, we have to either find cash from somewhere (a lot) to do it ourselves (I'm not even sure a small player could get that funding) or flog the acreage off. If DW doesn't consider the latter it should boost the confidence.

    Changing back to hold
 
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