Member Info for Bridgedogg1

Sorry make that 1.8p then 2.4p

'spike' to 1.2p. Nice one.

2.4p on drill news easy before any serious resistance is hit

Seriously? No way that gets filled.

Drops onto company website a minute before anywhere else.
I once saved myself a bundle refreshing a company website at midday to find an announcement had been dropped in, gave me 30 seconds to sell my shares before the RNS alert was received. That one was only listed on AIM though.

As expected, a bit of consolidation, a bit of profit taking, a bit of derisking

Flat tomorrow.

Boom Friday.

IMO

Last chance saloon for sub 1p tickets IMO. When news flow starts here it wont stop for a while. All focus is on upcoming HH drill but plenty more irons in the fire that could provide near term boost to SP. Shares have been drifting lower for a while now, lots of investors in the sidelines thinkign they can get in cheaper (so far they have been right). BUT A bit of news, a solid bit of upwards movement and FOMO will start kicking in.

Could anyone answer the question on Portland witching to Kim at 25,000 barrels? Will this go ahead regardless of rig status?
Plan to switch to Kim
17 May 2019: Switch to Kim at 25,000. 'over' 20,500b. 200b/p.
19 days = 3800 = 'over' 24,300. So this week???

Along with this I also expect an announcement near-term on the mystery 'larger oil volume than previously recognised' comment in last RNS. Could all be reasonably be announced together along with rig status update....

Good luck all

Things are about to start happening here, mark my words. This week, next week, the turn around is coming.

No placing in near future:
- Just had a placing and the cash hasn't been spent.
- Current work programme is fully funded.
- Regular income received

https://www.proactiveinvestors.co.uk/companies/news/220833/88-energy-anticipates-icewine-farm-out-decision-in-june-220833.html

Anyone see DW going for offshore leases in Beaufort?

88e is made up of a number of different smaller entities that can be sold off if someone stumps up a good enough offer on a particular play. Don’t see it happening atm

Ducking phone...bite...bite of the cherry- going to buy some more shares

Time for a final vote of the cherry pre this round of news flow

By my calcs we are now very near to 25k from Portland. Will we switch to Kim regardless of the rig status or depending? Will we need a crane to switch?

Looking forward to another day of steady climbing share price. Prob see some sales today or tomorrow as short termers take profit, but Friday is going to be big... like brontosaurus big

Certainly aren’t many shares to be had at these levels, only takes a single large buy to move it up a tick. I can see 1.5p bring paid before any news comes out. Question is will be get an update to confirm the investment decision by the third party or will we have to wait for the signing final agreement? Probably the latter, I would have thought these would be completed at the same time but DW seemed to indicate they would be separate events??

Looks like the earlier cancelled £52k sale went through as two separate buys in the end.

I do not think that there can be a 'bad' farm out deal here.

Its a large resource. We dont want to be going down the road of cash raising and drilling individual wells, yes the prize could be huge but it would crush the life out of the share price. Enough of that already. Farm out means less reward but more supportive of the share price in the short and medium term. Should get a little cash and some carry. That's all I want.

HRZ farm out will be on even better terms as more work has been done to prove the concept.

Yukon discovery is a smaller prize in total but one we can tackle on our own or in partnership without damaging the share price and have a good change of seeing some amazing returns.

Any one of these would be company changing on their own

Strange big a$$ cancelled trade. Priced as a sell, obviously someone realised their mistake in time! Onward past 1.1p then another push tomorrow. Still not even at a realistic price baring any FO news. Welcome to new 88ers.

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