88E 25.0% 0.2¢ 88 energy limited

Well.. shortterm the goal for dw is to get sp above 9c or so...

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    Well.. shortterm the goal for dw is to get sp above 9c or so over 60days vwap over 12mths from monday... that could happen with decent conventional farmout followed by winx discovery (of sorts)..

    So for the shortterm it looks good..

    Beyond that.. will rely on the above results etc..

    I originally saw the first performance rights issue as a way for dw to easily get some cash back that he would have locked away once converting tonnes of options, with some easy sp targets along the way... i was not happy with that after considering how the sp performance has been after 3yr wait..
    i also realised the timing of both, and thought it might not be that way..

    In the interim, DW has taken on the tuff questions and answered them.. along with reducing the performance bonus scheme and lifting the max. sp target...

    In the end it comes down to the underlying assets..
    I think that momentum on all the expected work over nxt 3 to 4 mnths should get the sp to double from 2c level to 4c or so.. beyond that.. will depend in quality of announcements (ie; results)..
 
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