Member Info for Brombarb

worth reading, some salient points made.

https://hotcopper.com.au/threads/ann-investor-presentation-july-2020.5514878/page-31?post_id=46212208#.XyPDQziSnIU

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Exactly the same offer as any other XCD share/option holder.
All that matters is will Project Peregrine ultimately produce shareholder value for 88E shareholders.

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Sorry to hear the news, great guitarist, vocalist and song writer.
https://www.youtube.com/watch?v=0yq-Fw7C26Y

case remains at "draft circulating" status.

https://www.petroleumnews.com/pntruncate/221095617.shtml

I would be extremely impressed if for once some one could tell me how we run a pure exploration company in the real world without any need to raise finance.
The companies modus operandi is clearly stated on the website.
if posters don't like it then invest in a company that is cash rich or already a producer via own exploration or being a buyer into existing producers.
Exploration is risky - things don't necessarily go to plan.

DW will not let the coffers dwindle to far, past experience shows that , I am aware , I accept it will be prudent to have cash in bank.
What happens without cash - nothing much positive.

09:51
Agree, it's hardly the stuff of a superior intellect to forecast that there will be a need for funds at some time in the future.

ever the way, the next thing will be consolidation, followed by ....
tactics completely fail on me :-))

we are up off the canvas and ready for the next round, better Q2 than expected, no major spend envisaged before 2021 and now confirmation of ongoing activities and plans.
Been good to see a few of the "old" names posting here over the last couple of days.

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20:18
have added link to 88E Wiki for future reference
http://88ewiki.wikidot.com/latest-88e-news
http://88ewiki.wikidot.com/av-interviews-presentations

I find it strange that Rabito posts here to pick Jiddy up but not on the BB of the share he(she)actually invested in, even though today seems to be a good day there too.
Still everyone has a right to an opinion :-)

Balance Sheet in Good Shape
• >A$7m in cash with no major expenditure items in 2020
• 2021 drilling to be funded via farm-out
• State of Alaska court case decision to enable payback of credits owed to 88E possible in near term
• Potential to clear US$15m of debt from balance sheet in 2020

Gives us hope :-)

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