Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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....let's hope this great feeling carries into the next few years....
My point was to try and help some understand that while the SP rises, on the way up it might look like people are trying to "shake the tree" of investors as it climbs to get on board. This could well be people who have has to sweat it out over number of years.
The value, the "real" value, the "true" value or the "net" or "future calculated" values vs debt or expenditure and assets and income are sometime all we have as a guideline.
Personally I think I would buy into this share NOW.
I would also think less than 5p by may underperforming.
Just note (at the risk of repeating myself) there are people and institutions that have bought in at a prices or with an average price a lot higher than the SP at the moment, don't see the odd large sell as the start of something or someone "shaking the tree" as it climbs in the next few months.
I would buy in now if I were you. GL thanks for your thoughts on future SP. This is EXACTLY the sort of place it should be discussed as this is the sort of bb they hope it will be discussed on.
Must be time for a small amount of "profit taking"!
Ha ha, Mr Martini, yes look forward to chat.
And soon we will have earned this Italian restaurant meal with favourable SP....
Phrontist
See you there Phrontist...
Ha ha, JIDDY, it is the cursed mobile phone spell checker.
Hopefully we will raise OIL and not OYL.
P
Jiffy
Come to next AGM, I'll buy you a pint and we'll smoke the peace pipe (not literally) you'll always be jiffy to me
How many times have i told you to stop calling me Jiffy LOL!
Jiffy, I think it is time for kindness and praise to DW.
Since joining 88E during 2014 he has overseen many varied activities. And persevered on our behalf to arrive at this incredible opportunity. To be part owner of a large area of land nextdoor to PRUDHOE BAY.
Over 30 years of sustainable and large scale oil production.
This truly incredible and part of many reasons for my investment.
I look forward to meeting you next week.
Phrontist
There you go, anew investor (Diversified) NOT thick and misled!
Market cap tells you why this is undervalued for what lies ahead. Historical share prices prior and during drilling tell you all you need to know as to where this is heading.
It's rocketing. Now @ 1.10 to buy.
rodrod, a good experience.
SS is kind and modest person.
But immensely qualified and experienced.
Just to mention he is on our BoD's stimulates SP nudging 1.10p
Phrontist
I have chatted with him privately twice. In a nutshell, he is hopeful that 88e could be the next Cove if HRZ is cracked.........those are my words, not his.
Welcome Photon, we look forward to your enlightenment. You join at a most amazing phase of this unusual plus enjoyable exploration business.
Phrontist
We should grill him next Friday over a drink or three!
Small task....
Research Dr Stephen Staley, our non-executive Director.
Look at amazing SP growth of Cove Energy when he was a Director.
Magician? Genius? Angel?
All three? A very special man to have on our side.
Phrontist
Phrontist I agree with you.
I see a few people have been selling shares....
But since, the SP has risen.
This is not time to spend weekend with no 88E shares.
Imagine waking up on Monday to find big ASX rise
And new swathe of investors panting for LSE to open.
Let's agree, 88E deserves a substantial rise following a few years of misfortune and bad luck.
But still, the hard graft has gone in to raise our game on this oil sodden patch of Central North Slopes of Alaska.
Phrontist
Low company overheads, no nett debt, plenty cash in the bank, only 70 days to start of largest 2020 drill.
Revival of HRZ a 2billion to 4billion barrel resource, a nil to low cost for 88E shareholders.
What is there to not like?
BoD are playing our cards very well.....
Phrontist
2p by year end would be great and it looks possible with the way it's going
88E is in an excellent position for any exploration company.
We have carried out extensive technology and field work to arrive at stage of $23m FO conventional drill.
To assess 7 layers of prospective oil finds.
And to add unconventional into the back end of the Charlie-1 drill program.
Over 2p by 2019 year end.
Over 4p by early Feb 2020 SPUD.
Over 10p by Charlie-1 completion.
Risk exists, it always does in exploration.
But risk must be as low as any under our circumstances.
Happy Christmas....
Happy SPUD....
Happy post-Charlie-1....
Happy 2020 for 20p+ by year end....
Phrontist