88E 0.00% 0.2¢ 88 energy limited

Ann: OEL: Winx-1 Drilling Update, page-167

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  1. 217 Posts.
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    In my opinion only an excellent FO and a great 3D for Yukon at same time will help get us back to my possible breakeven of 4c. As a LTH and passionate believer in 88e, it will be a sad time for me to be pulling the pin at anything near 3-5c (if I'm lucky) as I think this share is no longer suit my financial plans.

    I was very close to hitting the sell button yesterday at 1.5c based on the rollercoaster Anns in the past 2 weeks...I hope for all investors this is raised and put directly to DW and the board in AGM....I think you all deserve an answer to why the poor communications between the 3 companies, the possible overreaction to a fake twitter account, the No-Yes-No to oil, and why they should remain on the board with their salaries and Performance (or lack of) Rights Plan benefits going forward.

    “The purpose of the issue of Performance Rights to Mr Wall (or his
    nominee) is to further motivate and reward his performance as Managing
    Director in achieving specified performance milestones within a specified
    performance period’.


    Unfortunately, even a good FO will not keep me here for much longer.... I understand the risks and only blame myself for staying in this for too long, but I wish you all great fortunes ahead.
    Good luck all on your investments
 
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