88E 25.0% 0.2¢ 88 energy limited

Ann: Non-Renounceable Rights Issue, page-111

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  1. 1,767 Posts.
    lightbulb Created with Sketch. 95
    There does appear to be serious potential in the sp rising over the next couple mnths to half a year.. but if there are any slipups the potential eternal capital raisings will probably rear its ugly head..

    Besides that.. at current market cap.. real success is needed now..
    Yukon 3d needs to come in positive..
    Conventional farmout completion needs to happen before winx result..
    Winx needs at least partial success..
    Only with that can an sp higher than 9c come in...

    There is obviously potential with a hrz farmed out horizontal in mid year.. but its so far down the track.. firstly these 3 thumping bits of news need to come out..

    All sounds good.. but after the ice2 flow failure, being overly optimistic is not a good thing..

    I do believe we get more icewine land before farmout of conventional.. some more conventional eh'hem hrz stuff fit for a (royale) king )
    On a positive thought.. it might be the reason for farmout not closing very soon..
    Although i expect before winx but better by xmas...
 
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