88E 25.0% 0.2¢ 88 energy limited

Ann: Operations Update - Interim Results from Drilling, page-23

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  1. 2,349 Posts.
    lightbulb Created with Sketch. 299
    Well we are sitting at 1.3c AUD at the moment. Lucky for LSE some would have got out even or small loss. We wont be that lucky.The drill is at over 5000 feet now I would guess. Come Monday/Tuesday maybe PA is next announcement. I disagree with those that think this well will prove success at TD, it's a PA from me.

    We will know next week then the big issue for me is then FO which I think it won't happen now. If this is the case then 2020 will probably only see 1 well with the funds we have. Another 12 months of jack and further falling SP. Hate to say it but below 1c is very likely imo. Gave up smoking 2 weeks ago and beers, it's going to take a lot of will power over next few days. lol....

    All the best guys and comment further next week as we do have some serious questions to ask imo.
    Last edited by docmin24: 01/03/19
 
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