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0.2¢ 88 energy limited

:rolleyes: You may care to do some basic homework to avoid the...

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Bill Gates

5,001 Posts.

164

12/11/18

21:22

Post #: 36477013
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Originally posted by Chart ers ↑

Originally posted by mike mike
We do have a cap of 500,000 acres. I am not sure if that is for each ie Yukon or Winx holding companies.

I be more than happy to invest in beach block that has over 2bb of oil prospects, it makes sense. More so when two are upgraded to Discovery and another couple of leads, close to 900mb are Prospect/Discovery. 2 drills done and a third early new year.

Big oilers are always looking to add acres as they work down their producing fields. Not such a bad habit after all. Farm OUT, is cathartic
Big oilers have production sales to help them buy, this being the major flaw in our business, inability to get it out.

It doesn't matter if we have a trillion barrels down there when we don't have the skills or money to get it out, *I can only go off our historic drilling success, or lack of it. Let's not forget the only thing we have billions of is shares, and that just rose significantly.

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You may care to do some basic homework to avoid the novice trap you seem to be caught in.... and not a wedge in sight to chip back onto the green..... The plan was never to 'get the oil out', but it is to prove up and monetise by selling acreage. Hope this helps.

88E Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.2¢		Change 0.000(0.00%)		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.
0.2¢	132416779	29

View Market Depth

No.	Vol.	Price($)
392	1227558997	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	5375412	5
0.003	578667432	226
0.004	223019047	110
0.005	59085042	48
0.006	35128234	35

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

88E (ASX) Chart