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TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake
Exclusive: Hardman & Co Investor Forum - Severn Trent, Calculus Capital, Volta Finance, Residential

88 Energy Share Chat (88E)

Share Price: 0.90Bid: 0.85Ask: 0.95Change: 0.00 (0.00%)No Movement on 88 Energy
Spread: 0.10Spread as %: 11.76%Open: 0.90High: 0.90Low: 0.875Yesterday’s Close: 0.90

Share Discussion for 88 Energy

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Posts: 506
Opinion:No Opinion
RE: FO Terms
19 May '19
450m cash and 20 free carried wells... just lol....
Posts: 635
Opinion:No Opinion
FO Terms
19 May '19
Like many others I definitely see no news as good news. Patience is the key here ; I’ve waited 4 years so another few weeks won’t make any difference.

I have a sneaking suspicion we will get a good deal but what actually is a ‘good deal’ in this context?

$450m in cash
Free carry on 20 wells
88E retains 30%

I’d be more than happy with that but what would the SP be then? 8-10p? Still holding my 2.5m shares for the £1 party but let’s have that FO deal first DW.

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