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HU11 you can't win them all :-)
from what I can see trading has come to a halt after a relatively rapid first hour and 9 min, seems a bit grey and dismal generally today.
Which direction next - no need for answers I know the answers I will get :-))
Nice one Brom, another true account of 88e shame not all see it that way.
Ecuagold 06:56
So my friend, in your opinion we need a roughneck driller with no business acumen.
Good Call.
keefy
OMG is he/she still around!
Use the FILTER button Keefy - you know it makes sense!
Doubt it will drop to 0.5p but you never know, Will be interesting to see what effect (if any) another 540m shares has on the share price.
09:53 just as an aside got a new debit card yesterday last two digits 88 :-)
Opinions are OK but when justified by a complete lack of appreciation of the companies history and the straightjacket that it has to work inside (lack of money) then I feel the need to respond.
I have seen blatant lies published here DW was responsible to the GALP duster, screwed up the Yukon lease purchases, if we get into production it will only be for 6m a year because the permafrost melts for the other 6m the list goes on.
And that does not account for deliberate SPIN from some who still claim to be invested.
Make no mistake there is a lot of risk, making it in Alaska is not easy, it took Brookes Range Petroleum ~10 years to get into production and that was with help from AIDEA (SOA development agency), GBP ended up broke and other companies have given up leases, the potential is massive and Premier believe it's worth a shout but the risk is always there, but that is why the shares are not 5p+.
miloh - with oil in your name, anagramatically at least, surprised you are not a bit more committed to the cause. Otherwise why spend so long here attempting to wind others up.
Great stuff Major - thank you :-) VGLA
The guy is a complete dunderhead, and has no credibility whatsoever. Hey Miloh, what are Oil Tax Credits again?
He is NOT invested - a bit like guzzler, but without the intelligence.
GLTA genuine holders.
MILOH saw you in driving the other day mate.
Longest midlife crisis on record ?
09:55 paid in washers.
We have a very experienced drilling man in E.O.
Few here have experienced the thought, knowhow and pressures of raising funds to keep an enterprize moving. DW is one who can. Not only that, he has put his money where his mouth is. Many negative posters on this bb have not one red cent of investment in this company. Some may be embittered because they baled out early at great loss - whatever the motive they delight in making personal attacks on real investors and /or the BoD all of whom still have a stake in the business. I'd prefer they dragged their carcasses into the undergrowth and become plant food but only nettles thrive on bitterness. We can but tollerate them until the ice road construction starts at which time most will buy back in despite their current protestations ( why else would they still be hanging around).
Jiddy, sometimes it’s good not to filter, eg,SK4, he resorted to personal insults towards me, had I used the filter option I would have missed his comedy gold posts, and what’s even funnier is that some on here recommend them!!
I read somewhere that a FO can take 2yrs to complete so, a FAST TRACK FO deal it was. We have got it done in good time for 2020 winter activity which is a big pat on the back to the board and all involved. Im really optimistic for this drill due to the INFO we have been told by DW and the FACT BP have evidence from early 1990s.
Here is a tip for you Hu11, FILTER all of the undesirables and then "Log Out" if you still want to view.
Simples!
10:18
"I'd prefer they dragged their carcasses into the undergrowth " and got trampled by wildebeest , eaten alive by killer ants or nibbled to death by Quokkas.
DW made some valid important points in the recent PI interview:
* A deal THREE years in the making
* PMO to fund the entire drill - $23M
* Testing SEVEN prospects
* One of the best Drills for a JE in 2020
The main thing now is DW raised cash so we have bought time to see if we can come up with the goods so its game on again
0.65p is uninspiring but lets see what time will bring..... DW has set his stall out for 3p if those are his thoughts maybe thats the best we can hope for taking into account the pound party of course
Here is a question for EVERYONE on this BB:
If there is NO oil in Icewine Conventional, then why have PMO stumped up $23M for a duster in a country they have NEVER invested in before?
If there are 1B barrels of resource, then today's SP is a joke.
1B x 30%WI x $1 a barrel = $300M/6.8B shares = You do the Maths!
I agree it's dispiriting to see the sp bounce about at low levels but we have events to look foward to, including news on the HRZ, the enigmatic monetisation of Yukon and the drill in early 2020 which could define the destiny of 88e. But the peurile and immature sniping by some here is cringeworthy. Shock, horror..our CEO earns a salary! (not the drivel often quoted here, but comparable to or less than counterparts). We appoint another employee..and guess what, we'll pay him too. Disgraceful, sack the board! And further outrage...someone here who contributes much to this bb makes money by selling when the sp rises. How dare he? And now there are no takers at 0.7p. Really? Thought we'd recently raised millions of dollars by people doing just that? Everyone is entitled to voice their opinion, of course, but what twisted satisfaction do they get from vitriolic, spiteful and frequently wrong outpourings of tripe?
Clearly a board of realists versus the rose tinted specs brigade. As Bromy, I sold a few just after the conventional FO deal. Was an obvious disappointment and the SP headed south. I chose that little spike very well. Spikes are the answer.
10.10.34 Perhaps they would sooner "die in a ditch" to use a recent political phrase, than admit they are invested here?
Agree Jiddy. Should be about 4.4p/share on the known and confirmed data we already have.
Surely if we prove it up in the winter we would sell it on to whoever the highest bidder is for the lease. Why would an exploration company keep hold?