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0.2¢ 88 energy limited

doc, I really hope so and I agree the shortfall was going to be...

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Samuel Colt

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09/11/18

01:51

Post #: 36441537
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Originally posted by docmin24 ↑

The company had a very significant shortfall at 1.8c. Not many took them up. I took up a heap along with many on this forummand now people are complaining, seriously where else will the shortfall placement going to go. Dave clearly stated that the company had 3 months to fill this placement at 1.8c. Or Not. Well he's done it. Something is happening to do it so early. No secret here guys. Obviously a bigger picture is going on than any of us know at the minute.

I know in the past we suck big time with our placements of timing, but this time company consistently says increase and increase of reserves and farmin before Dec. This really doesn't effect us at this stage as we are not drilling. It's basically housekeeping while we move towards significant news imo. Not a big issue really guys.

I am not bothered that it's happening now, better than in 1-2 months time prior to farmin news or when Winx is drilling, that would really kill momentum and P me off big time..

Once this placement is done next week we can all move on and focus with what is important, that's drilling and who our farmin is etc... Bonus more cash in bank. Who knows maybe with this cash and increase of Yukon maybe this has something to do with it and maybe another 3 party drill to keep me happy lol, by drilling Yukon after Winx in 2019. Personally I want more than 1 well in 2019. Just don't like stagnating.

Seriously one day of SP moving up and now the sky is falling in, mmmm!!!!!. Some who are complaining should have bought at 1.8c there was sheet loads on offer. Can't have it both ways in life people. Focus outside the square and look at the big picture of why they are doing it now. Hopefully next week we might all know and even be surprised.

Don't stress the small stuff, focus on where we could be in 3-4 months time hopefully above 5-6c and as Older said maybe a Tier 1 drilling my ugly duckling IW2 which may turn into a soaring eagle with the likes of the biggest oil/gas technical brains bought in to drill and if success then bugger 1.8c or 2.4c in todays events, we are over the resistance of 10+c easily.

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doc, I really hope so and I agree the shortfall was going to be placed anyway, so no surprises there.

now, I'm just a little unhappy how this has been done. a non independent article which makes the sp jump to right after that set a trading halt and place the leftovers. it feels like tricks from DW and I don't like it.

88E Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
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