Member Info for baits

You hit it on the head boom.boom,sentiment is what will happen. I have watched 88e for a long time now and the share price runs on sentiment.

Redbeardoil2, lets stop bickering about this that and the other. I am in short term I will let you know when I sell whether it be a loss or a profit. I know this I will not be in for any horizontal drill, I am here just for the Hickory 1 flow test. If it fails I will no doubt make a loss but if successful I expect to make a profit.

My point is the share price will rise if the flow tests are good. And it all depends on how much you paid for your shares. I paid 0.35 and I am not a greedy person if they get to 0.60 or 0.70 on good flow results I will be gone. Yes I am a trader just like everyone else but small amounts of profit are better than waiting five years has one or two of you envisage.I am in for the short term flow test and nothing else.

So we are both invested in 88E and we both have a different view,I respect your view and to me it does not make you an idiot.Have a nice day Redbeardoil2

Where do you get five years from might I ask. Oil pipeline runs through the Hickory 1 acerage. If the Hickory well flows Oil and Gas you think the share price will be where it is now. Ok once they have Oil and Gas flowing it will take time to get it flowing to the pipeline that is already there but five years I do not think so.This is onshore not off shore.

Redbeardoil2, are you invested in 88e

Lives

Amazed people like you have nothing better to do with there lifes, you must be very boreing.Have a nice day, if you know what having a nice day is

With Hickory 1, then they have played a blinder getting into Nambia at this time. The potential going forward is enormous. They only have a few thousand to fork out to start with and if Hickory 1 is a success allotting shares for the rest of the % will be minimal.

Looking forward to what is to come, I would say they are a bargain right now. I know they say first quarter of 2024 but that could be January, so not long to wait two or three months max. I think the price is at the bottom, so the only way to go from here is up. I am no expert but anyone looking to get in, the time is just about perfect to do so. Just my opinion of course

What will the price be just before testing begins I would think higher than it is now, worth a punt and hold for testing.Looking at all of the info things look very very good for a successful outcome

Before the fireworks start, got in here today at this price.It is a very short time to wait as fare as Oil & Gas shares go. Looked at all of the press and website info this looks nailed on,roll on 1qtr 2024.Oh and to all the nay sayers kiss it.NOT INTERESTED.

Have cut there short position in Angus from 0.56 to 0.47

With all the money they have wasted they could have bought wind turbine.

It will be

The share price has been underperforming largely because of uncertainty around the short-term debt which the Company took on earlier this year to fund a shortfall in our hedge payments in 2022 and cost overruns on the drilling of the B7 sidetrack. We announced last week the conversion of £3 million of that debt into equity and are actively working to refinance the remaining £6 million bridge loan before the end of this year. We expect to update the market on our progress with the refinance soon. We believe the successful refinancing of Angus’s debt, combined with the strong cash generation potential of Saltfleetby Field and the long-term potential for gas storage will see a re-rating in the share price.

The new loan if they get it should steady the market and lift the share price.Just my opinion of course

0.2485

0.2465

1.45 as I post

https://www.bbc.co.uk/news/topics/cxwdwz5d8gxt

BP they finished at 1.24 on Friday, so I would say they have moved up since Friday,would you not.