The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
On Bloomberg this morning they were suggest we may break in the $100 Brent in the coming month or so, due to OPEC reductions and demand in the global economy picking up more than forecast.
Have to see how the day plays out, low volume but someone likes the opportunity :-)
Grtz good entry point for long term gains, hats off to you :-)
No need to ramp anything the opportunity is real, someone getting a real good price on the shares here, great job!
Agreed Raising, Steve is totally competent and aware of all the ongoing business and relationships, sure Aldo personal situation may have led him down a path that is less than ideal for the company. But Aldo is still aiding the company and there is no reason with the correct reassurances to the board his local knowledge can't play a significant role in the future of CTL
... not sure what that question means, where there are buys there are also sells, or did I miss the point you were making?
... well after the 2nd flow test is complete would seem more like, the 2 zones in combination could propel the stock and they will also update their Contingent Resource which can be a significant moment for valuation, likely end of this week or early next week...
Yes me too, managed to get in another tranch for the new financial year, happy days!
Sorry if you all seen this already, I hadn't so just sharing with some more background overview of 88E for FY24;
https://www.ogj.com/general-interest/companies/article/14304435/88-energy-plans-2024-activity-in-africa-alaska-and-permian-basin
09:47 Lot of bluster and FUD with no real information is all I see but you be you...
Sure the stock is down but not out, lithium prices will rebound and certainly it seems that companies (like the German example we heard on the recent seminar) have restrictions in buying the cheapest Lithium due to trade issues) CTL is a route for these companies to secure supply at a reasonable supplement to the market price and they are also happy to commit (and indeed require) long term contracts and surety of supply, lets see how things move in the coming 6 months once the CEOL process reaches completion...
Seems Steve isn't the only one that likes to drone, FUD helps no one, thanks for that...
No mention of the prospective German bank and car deal they showed as an example of the substantial funding potential they have in play but we will ignore that $350M and just talk about some made up nationalisation and how South Americans can't be trusted, seems very worldly, Chile has been a major minining player for many years and the sort of cowboy actions you suggest have not happened but seemingly CTL is going to get the worst of this, get real...
Happy for delay of notification as it will get into new ISA year for fresh funds, yay!
Maxter buys and sells aren't really shown in reality they use the midpoint average to show buy or sell, simplest is just to look at the share price and you can see whether the pressure is buying or selling...
Maxter, If you click on the 88E Share Price icon above then scroll down to 'Recent Share Trades for 88 Energy (88E)'
... but we have good news. jeez...
Jaytem don't think it's unreasonable for people who got in at the right price to be taking a profit but those who understand the opportunity with 88E will happily take their shares for the next move up... GLTA
... a 1/3rd of yesterdays volume, it's gonna move the needle but once the lightweight in it and out types move on, the rise will continue thru to 2nd zone results and the issuance of the full contingent resource guidance.
People saying 20 BOPD are missreading the results, it is clear a) that it was 70 BOPD from a vertical short run area and that vertically this would be 400-800 BOPD and that is from one well, no reason why you can put multiple oil points on this the size of the zone...
... after a 45% rise yesterday it is clear some folks want to take some money off the table rather than wait for the coin toss of the 2nd results, all still in play but really have to expect some of this after a day like yesterday, all still in play and on track the sellers will have their day today :-)
Can't imagine why you were always so friendly :-)
Some more details relating to the recent announcement of the company on Hickory-1;
https://worldoil.com/news/2024/4/2/88-energy-confirms-light-oil-and-gas-at-hickory-1-discovery-well-in-alaska/