focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
SYD197, is production up nearly 50% by the end of the year not enough for you and that in my view is the baseline. Paul is not promising anything he can't guarantee (which is new) I believe the new wells have the potential to deliver much higher than this, they are talking about 14k by end of year but they have built the facilities to handle 40k, lets see how the drill programme delivers over the next 9 months...
If you want taxi, now 7.8%...
Up nearly 12% now Brom...
Not everyone is a gambler and oil exploration is one for the stouter hearted investor, GLTA
So we now we can produce at an example production of 1 tonne per month, so production proven, tick! Now as you say it is about the ability to go into full scale production and that is the CEOL, I had thought we would have an announcement in March but think it might be April now (tho an exact timeframe seems to not be part of the process). Another solid step forward indeed and derisks the business substancially, an ability to start sourcing contracts with purchasers will be next at least on a prospective basis...
Saliman, I think the earliest is tomorrow morning for 1st results but the extra low temperatures over the last week may have built up some delay...
Sturm, agreed to the involved such as as the FY23 is known, I suppose my thought is when people look at numbers right now they see FY23Q3 numbers and without our knowledge there was only full production in the last month of that Qtr they will likely think, sure Q3 was a jump up but likely Q4 will be similar if a little higher but we know Q4 will likely be approaching triple Q3's numbers. So I am just thinking it will strongly positively effect people looking at the companies outlook for FY24 having the first real numbers for the new situation in Q4 in the public domain, may be wrong but this is just my thoughts...
Sturm, some companies pre-announce earnings dates a week or 2 in advance, is this something TXP typically do or does it just come out?
... never mind the dump we need the pump first :-)
Don't forget potential for results for Q4 and Full Year FY23 are incoming maybe as early as this Friday 22nd, this will be the first full Qtr of the new production rate from Touchstone, should make those not aware sit up and think this has huge potential (tho still not a 'wall of cash' :-)
Thanks for this rpj, sounds like the 21st March or a little earlier maybe on the cards....
Not got CAS 3 timeline but I don't think the company has shared this yet. However I do believe their FY23Q4 and Full Year results could come out as early as Friday 22nd March, likely they would update on significant project timelines during an event such as this...
Nothing much happens today, got some money transferring to my ISA, expecting big win in coming Qtrs, believe Q4 & FY23 results due end of next week, happy days :-)
Nice to see the 1st signs of the Lithium price getting back toward normal market levels, this process will likely continue thru to the end of FY24, well ahead of any production from CleanTech Lithium, so this is already academic in relation to the stock.
Next week should see announcement of results for FY23 and also Q4 numbers, if we are lucky FY24 Guidance may also be refreshed. Boo to u too CW :-)
I think it was necessary to include;
“however 88 Energy may choose to adjust the schedule during the flow back program to ensure optimal data collection.”
based on the number of people that got bent out of shape by a few extra days, the reality is that it's more important to do the wireline right thant to adhere to the schedule but some folks here don't seem to get it, so glad they clarified :-)
08:27 No amount of industry knowledge is a guarantee when it comes to exploration but it does provide credance and comfort to those spouting things, the reality is that the more coins you flip the more chances you will get your call, many companies in this industry have choked on dusters and not come back, 88E have kept things moving forward and they have a coin, they have flipped it, the coin is in the air and we all await it's landing :-)
OK found this finally, no date and time but take it that it is current as Red posted it...
We appreciate your email and note your comments around the phone answering service. We receive a large volume of emails and as such it may take time to respond, and we apologies for delays.
Below are responses to your queries;
- As noted in the last Hickory-1 Update the company will notify shareholders on commencement of the USFS testing procedures. Well bore preparations are being finalised. There are no changes to the planned program.
- The exact timing of the notice of the AGM will be dependent on remaining reviews and approvals. It is scheduled for release in March.
- As previously commented in the December 2023 update released to the ASX a consolidation will only recommend if in shareholders' interests, we have made no further public statements beyond this.
- Cost savings are already being implemented, including a reduction in 88E's salary costs and head count. The full benefit of these savings will be realised over 2024.
- 88E is fully funded for the flow test. No CR is planned during the flow test.
- The company is fully focused on delivering a successful Hickory-1 flow test result and creating long term value for shareholders across all its assets in the portfolio.
Regards
88 Energy
13:22 got what Red, this is just the front page of the HotCopper site?