George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Mickey m. hope you put in for
Planning permission for that runway mate
It may be a goer
Hi st Anthony
And many thanks for the info and layout
Would we agree this time round- lot is now to do with America and Canada showing an interest and purchases than anytime before
Also the google map of areas of interest shown amazing
Hype is an amazing catalyst for where we’re at and also Iack of research another
Someone earlier said it’s a moral issue to take a profit selling on a rise from new investors not
Researching the company
I’ve got no problem with that all lol
Wow after the weekend we’re having and interest shown around the world
next agm we have forget the globe need the O2 arena
Lol
All posts good and bad are only someone’s else’s perspective as is the time and amount they invest is solely their decision
Aim and oil exploration make this a company where income and money in the bank are secondary or non exsistent but potential and hype take president and belief it can come good a loaded risk as much as a spin on a roulette table
I believe
But I take note of the fact to find partners in a climate like this is positive and other explorers in the area find oil also a positive
You pay your money and spin the wheel
Good luck all
88e does seem to be grabbing the attention of a whole new audience here
But hasn’t it been said in the past we only need to get the attention of the American market and this share will fly
Considering it’s all or nothing for us in Alaska and also Biden making it harder for any further leases in this area
And with our company headed by Paul not to long ago whom had a noted history in oil exploration with eagle Ford a point now picked up by some over the pond
There has always been a fever surrounding finding the next big thing and with a share sub of 1p but numbers of possible oil barrels find in the billions is causing a stir add in social media which I’m not up on but is I’m told like wild fire and we got hit
Defo watching asx open tonight and lse in morning
If we open at the same fever from Friday close then wow gonna be a week and still 3 or 4 weeks before results so a potential I would say could easily eclipse out previous high 4.5p years ago
Just my thoughts
Good luck all
Really interesting read avi thank you
And does this also apply to a speeding ticket when a share can also drop through the floor just as quick as a fast hike upwards
As word has it Reddit is mentioning 88 e a little and with a readership I’ve looked at of 400 mill and with these phrase term fomo a herd mentality may be the reason for buying in
Just my thoughts
Good luck all and hopefully tomoro night an rns before asx opens
To all lth like myself
Brombard. Mickey dazzle
Would love your opinion on what may be going on behind the scenes at mo lots of posts and input by newbies who’ve been here two mins
Drill underway and results in few weeks
Dave wall imminent exit
Leaked info on possible early show
Takeover play
And can’t deny large Reddit interest going on also
Or just market reaction and panic buying on hype
Lots to unfold good luck to all
Dyor
So all set for start of drill tomoro as per last rns
8th March and can’t believe how quiet it is on this board
Don’t know if it’s quiet anticipation or nerves or general couldn’t care let’s just see what happens
All week very little sp
Movement
Considering last few drills so
All
Left to say is good luck to drilling team there , big Dave and all us shareholders long and short term
Even with everything said
To have an sp going negative each day or staying flat shows how the worlds turned. This close to going into a drill possibly 2 with all funding Successfully farmed out in today’s climate with possible 1.6 bill barrel Resource
Fingers crossed again
Dejavu
Comes too mind lol
Checking the price history in June 2017 pre drill we were at 4p we rose quickly from -1p.
And that was without striking oil
So not at all impossible to hit again 4p + could it be said if this time we strike in next month
Also have to say being a long term holder and holding a great deal of shares how long can myself and other investors still show interest in 88 energy with Dave gone and any further cash raises If we aren’t successful with the next drill
Just my thoughts
Please no ramping or deramping intended
Of course Dave has right to leave the board
Still Would like to know if not too personal reasons why as it’s through his and Paul’s enthusiasm and leadership both my
Wife and I invested aswell as the potential 88 e. Held
Will he be still holding a large shareholding
And as his here for
3 months more the second farmout
We We’re looking at later this year will he be part of that and is it still going ahead
Lots of questions
As early posted he has said many times he never wanted to produce just prove up and sell on
Is this still the outlook of 88 e or
Has it changed now
I’m sure all will be revealed as we go along with this story
Good
Luck all
Lots of posts least few days and lots news
Being along term holder and holding a great deal of shares obviously concerned with both daves decision to quit and cash raise
Dave s decision is personal as his stated and cash raise I’m not surprised as all going well this will fund the 2 nd drill straight after the first in late feb early March
As a lot on here not too happy to have suck a large share base 12.5 bill but also know now we are exploration and not
Production and so have no form of income
But also know that Dave does have a knack of attracting farm out partners to show investment and does a placing like this one with
A full book build taken very quickly both
Showing a good form of positivity
And interest in us at a difficult time globally and in through the industry
I wish everyone good luck with the next few weeks and do hope
For A positive drill or Two
We all deserve it
Oil going to break $60 this week hopefully and the sector looking very positive for rebound once out of this dreadful virus Re Wall Street journalSpud hopefully still on track for end feb withA four week drillProgram and wire log soResults possibly end March Come on Dave let’s get over the line Good luck all
Rns out
Great news
Just a bit of luck now needed
Keeping the faith
Good luck to all
A great big happy new year to everyone here old and new shareholders
And all the best luck for everyone to have a great drill in Feb and securing a farm in partner for next years drill planned
And I for one feel lucky to still be here and healthy and did raise a glass of icewine to Paul last night whom I know is sadly missed by all
Happy new year
From myself and my wife Emma
Hopefully see everyone at the next meet in London hopefully this year
Lots talk regards valutions today and estimated resources barrels
Bit confusing for some of us as we now have peregrine aswell as our old friend icewine acreage
And huge figures banded around billion here billion there but unsure what this means to us
It was mentioned earleir that we paid with shares approx $6.8 million for xcd and so if we have a partner in farm out shortly and we give up 50% then we would want him to be injecting minimum $3.5 mill and if it was $6.8 m for 50% does that mean we are then on a free ride
Also what’s percentage of all this is retained by our old partners burgundy resources incl peregrine acreage
Sorry for seeming a little dim
Regards and good luck to all
Yeah thanks brom also for all your research
And time taken to inform all of us
Hi to all new and long term holders and also Micky brombarb Mr martini and all others
Good to see a little
Life in 88 and long May It last
Sad to see Phron go
Not to wise on exploration . Oil companies but would I be right in assuming as we don’t have cash income as yet we cannot this borrow for funding to keep
Lights on and so have to raise Cash then from dilution and share placing
Also to add last drill cost us nothing at all but £24 mill to pmo who now have gone and we have just had a positive rns re drill results and soSeeking another partner for possible drills early 2021
With us having now 4 negative drills re producing what is the norm in the industry before a major strike would be Interesting to
Know
I believe I once read concophillips had 150 duster drills before strikkng oil it at eagle ford
So fingers crossed and hope for a positive few months
And we can all get back to a little
More normality
Good
Luck all
Hi to all new and long term holders like myself
Hi to
Mickey mr martini jiddy and all
Nice to see things picking up a little Here
It does seem around again on the merry go round
With sourcing funding To keep
Lights on
new fo partner being sought and new drills Possibly in new year
I don’t profess to know a great deal re oil exploration but would assume we have two choices
Hi red irons
Yeah all good and share price showing a blue today
With peregrine acreage now this puts us up to 700k plus acres holding
Gotta make us one of the largest if not largest holders of acreage on the north slope
Also quite right bout eagle ford sure I read their last attempt drill was the ticket winner after 150 tries ???
We’ve done a couple only to date