Does anyone have a realistic view/opinion on what sort of farm out deal is possible and likely effect to the share price.
What sort of percentage we would lose versus the possible capital payment, keeping in mind our partnership split with Burgundy.
I also hold shares in FDM who are producing oil from shale in the lower states. These guys are making a good profit, have on going drilling and a good loan facility, and also appear under valued. Their company presentations are a very good source of information and i have learnt more from them regarding shale oil than i have from 88e.
Probably the most important thing i have learned is that despite 88e now having a lot of shares is that the potential for 88e share price to grow substantially is still there as long as they get all their ducks in a row.
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Mkt cap ! $57.86M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $1.143K | 571.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
485 | 1320116095 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.2¢ | 132416779 | 29 |
View Market Depth
No. | Vol. | Price($) |
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392 | 1227558997 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.002 | 5375412 | 5 |
0.003 | 578667432 | 226 |
0.004 | 223019047 | 110 |
0.005 | 59085042 | 48 |
0.006 | 35128234 | 35 |
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