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I'm naturally a pessimist, but....given the various rules on the AIM and especially the ASX regarding disclosure of price sensitive information in a very timely manner I'm leaning more towards no news means both parties are still round the table and still putting the final touches to the FO.
What we dont know is whether that FO meets the expectations of the market, the industry or th shareholders. I'm hoping the mere fact that someone wants what we have is a very good thing. Who knows....they may be insisting on a first refusal of future FO's. Now THAT could mean something exceptional.
Of course the above is AIMHO, and does not constitute a ramp, a deramp or advice to buy, sell or hold.
Just thinking out loud I guess.
22.09 - quote "I'm naturally a pessimist," - as well as a bully. Got your acreages in order yet? History as a very nasty poster. However, to all others VGLA
Not good for the ticker having a thread titled announcement lol!
88 Energy Limited (ASX: 88E) (“88 Energy” or the “Company”) provides the following update related to the farmout process for its conventional prospect portfolio at Project Icewine, located on the Central North Slope, Alaska. Highlights • Farminee internal approvals complete, including Board sign-off • Farm-out deal now subject to: o execution of closing documents o standard conditions precedent, mainly related to transfer of working interests • Well planning and permitting required for 2020 drilling now ramping up
I'd say it's in the bag whe hayyyy
With who though... That bit is killing me lol
Great news, can't wait to find out who is farming in. Like the part where they state they are ramping up for 2020 drill program
Execution of closing docs.... Couple of days???
Should see a nice lift to sp
https://hotcopper.com.au/threads/ann-project-icewine-conventional-farmout-update.4828120/
I did promise myself a two week break from reading the boards while I'm in the States, but what with the time difference and funny sleeping patterns it was kind of inevitable that I would at some point!! What a nice ANN - short, concise and very encouraging!! Well done Dave. Let's hope it sets us off gently in the right direction. Not expecting fireworks but an upwards trend would be great right now. Take some of the pain out of the cost of this trip!! ASX is on a bit of an up and downer tonight, perhaps LSE will be more positive tomorrow. AIM being what it is of course anything could happen. GLA. Love from America.
Everyone can now breath out:)
My opinon is, the Ann is to steady the ever declining SP as there is nothing to add from the May announcement
A rise last week to 1p+ decline, again this week
DW has once again failed to deliver his programme in the time stipulated in the May RNS
So I ask this question, Why hasn,t the details been released as promised in the May Ann, thats the details which should have been announced.
The market will only see a problem
Is mobile site a bit loopy for others?
Mine went awry yesterday afternoon it's very basic just text, mind the advertising works 100%
whether it's the change to BETA or what there does seem to be issues on all formats, currently PC Win10 is OK.
wait for tomorrow though! :-(
Thanks... Not just me then.
Bits with all respect what do you not understand;
"Final decision on approval for the conventional farm-out is now scheduled for June 2019 and we remain optimistic of a favourable outcome for our shareholders in the very near term. "
That has been achieved within June, there was no promise that the whole process would be completed in June.
Robert Smith (The Cure) at Glastonbury - BRILLIANT