88E 0.00% 0.2¢ 88 energy limited

Before the HRZ drill, we understood the plan was to prove the...

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  1. 158 Posts.
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    Before the HRZ drill, we understood the plan was to prove the flow and then sell the entire acreage. But the conventional plan seems more ambigious?

    I guess I am asking if anyone out there can give any sort of valuation. What I dont understand with the farm out is do we give away 1.7bil barrels for a few hundred million dollars and then what ? Or are we still hoping to farm out and some how sell the entire company still ? and do we sell our share that we still own (which presumably wouldnt be much by the time the farm outs are all done) ?

    Thanks

    S
 
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Last trade - 09.59am 20/11/2024 (20 minute delay) ?
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