88E 0.00% 0.2¢ 88 energy limited

Alaska Operations Update - Winx-1 Well, page-99

  1. 1,285 Posts.
    lightbulb Created with Sketch. 57
    can you foresee they were on hold , then jump into the consortium drill ?  it is a dead fish alive case...does not apply to us. Also, in theory, if Winx successful, RMP current SP should be  3  trippled at least, on the other side the coin, if failed, SP would be probably back to $0.05, are you willing to take the bet, but as 88e still has conventional and unconventional....

    I did agree 88e management should bring shareholder some real value in 2019, SP could progress north very slow, but the ship need to keep moving forward, instead of selling hopes and illusions.

    For me Winx is not hope or illusion, the result would be black and white, which is exactly LT shareholders need !     

    the reality is, if 88e failed all targets(for me Yukon is just a illustration, only winx, + two farm outs  are real targets)  this year, the company would be wiped out , nobody would further fund this business, we all damned.  Worst case is if 3 cases all failed, DW would keep milking shareholders to spend last dollar for a cheap lease again..tongue.png, i can assure thats not my money anymore. 


 
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