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2.4p spike hmmm? Depends on the volume WAussie leaves;)
Aim, it's a pandemic in the world of investing...
I will get 3p of satisfaction and that's on a Monday! Hope for announcement instead though. Save it for the following week!
WAaussie doing a dump on DW's front lawn livestreamed will give us a spike to 2.4p at least....lol
Live steam..ing
Could go viral.. More exposure for 88e..:)
Don't forget to video it or even better live stream !!!!
In my opinion there will be an announcement first up on Monday. If not I will do a dump on Dave's front lawn Monday about 10am traffic dependant. It needs to positive and reassuring. I just hope it provides some form of confidence.
Also Trump will be pouring the dollars into fast tracking a fix to the virus. He is not particularly fond of stockmarkets evaporating value. It doesn't make him look good!
09:11, looking on the bright side, I don't think it has been officially declared a Pandemic despite the cases occuring in countries previously unaffected.
Scooby, below 0.70p on bad news from Indigo/Charlie. If this drill fail completely then obviously it’s below 0.50p but on commercial flow rates, v likely above 3p
Spot on shaa, the fall in SP this week has absolutely nothing to do with CR, lack of oil, the BOD or anything to do with 88e.
We still have money in the bank and oil in the ground. Come April the media will move on to something else to report and all will be good.
This pandemic could bring new blood with bulging pockets who have bailed from other investments and will want to make money. It could bring investors who we may not have had, had the coronavirus not hit the world. Always look on the positive side of life, Could be a big winner for all investors.
Have a good weekend folks
Save you spending a lot of time this weekend arguing with the naysers, the worlds stocks have taken a hammering this week, not just 88E.
As far as 88e is concerned, nothing has changed, in fact quite the opposite, all seems to be on schedule.
N.B. You only lose money in a share - when you sell, losses, gains on paper are part of share dealings.
Have a nice weekend all.
Just picked up a carton of Corona for $20. Bargain. Don't tell anyone otherwise it may go viral.
I’m very hopeful it will come good, think it is the best chance we’ve had. But come on major Scoobydoodoo is a bit harsh. I could have gone on to say if this drill is unsuccessful then we’ll need more money, won’t we? With a share price sub 0.5 Dave (by this time ‘no mates’) will once again turn to PIs & further dilution at an even lower offer rate will send the price lower. None of us who are invested want to see that even if the share price has a value above zero. Roll on next week & hopefully it’ll bring some much needed good news for us. GLA
Beating = Bleating
Scoobydoodoo, how can you say this is make or break time, yet still put a value on the share greater than zero? (in the worst case).
I put you in the same category as those who keep beating "duster" - all of whom could not differentiate a duster from a J-cloth.
Another week or so, and we will get some news on the first target and 7 weeks later we'll have first impressions of all 8 targets. Fasten your seat belt.
0.7? If this drill fails, I’m thinking sub 0.5. Sentiment for this share is pretty awful, the market is in a bad way & our most valuable asset in the whole portfolio is worthless. This drill will make or break HRZ as well. The write down in asset value will hit the share price hard. What does Dave have left up his sleave, apparently he has something, farmout Yukon? What is the CoS there? Not better than this drill. Talking of this drill. This is a conventional set up, we know there is oil in large quantities in some of the zones which could flow commercially, not all 7, but 3 or 4, we only need one to flow commercially. This is an appraisal well, there is oil here. There has been an abundance of research done to get us to this point & this is covered by the latest 3D. A very successful explorer & producer in PMO have looked over all the data for sometime, completed their due diligence & parted with a lot of money to be involved here. They could have got into any farmout they wanted but they decided this was the one worth stumping up USD23m for. Never known Dave to be this confident in a drill, but not sure how much that counts for. He does own a lot of shares & would benefit very significantly if the drill is successful, but yes he does still get paid even if it is not. This is the best shot this company has ever had at a successful drill. My opinion of course. Good luck to all! At least we won’t have the misery of looking at the share price over the weekend. Have a good one!
Spud RNS expected on Monday and in the next 10 days, we will know either share price will be above 2p or below 0.70p after Indigo/Charlie update.
Good news = 2+ & bad news below 0.70p