Member Info for Brombarb

must be quite annoying for some that SP did not collapse to 0.7p.
or even less :-))

07:44 So how does a company with no income raise money that is ultimately not at the shareholders expense, look at what the renegotiated BOA loan costs us every quarter, do you have an address for a magical money tree?

0.025AUD = 0.0130399GBP
0.024AUD = 0.0125182GBP

ASX(close)
2.4¢ 7.69% down
Volume18.70M
29.1M (0.42%) traded overnight

Chi-X (close)
2.5¢ 3.85% down
Volume10.37M

ST depends on that definition of "fully funded" always would have been tight by end of Q2, if Charlie-1 disappointed would have been very difficult to raise funds.
We can see the cost of debt with the renegotiated BOA loan.
DW has few options.
What happens with no money - Nothing Very Positive.
Why all the very knowing folk who talk of AIM lifestyle companies etc. here or indeed invested in any AIM outfits, check past posting histories, see them ramp up / bash other shares, check out some of the shares they have advertised here and see what has happened since, plenty of agendas and games played. No matter what anyone says DYOR and make your own decisions.

Lived in Northumbria for a while, lovely people,great scenery but the Newcastle Fans where all a bit bonkers in a nice sort of way.
All the Northumbrians I met were nothing like the people in Vera :-)

17:02 for Newcastle United fans perhaps :-))

Final Permit to Drill is always close to spud, the Operational Plan is passed and provided we have not breached any conditions with in that plan then the Permit to Drill is close to a rubber stamping.
Just the way that DNR / DOG work.
The ANN issued 28/11/2019 made the process very clear.

Oh to be a fly on the wall, wonder who that nearby resource owner is little Jade or big big Exxon or even Armstrong or OSH, guess we will find out when the time is right.
Stay Appy

16:51 & 16:52 Am sure that we will see that announcement, but that compliance note does leave it a little ambiguous at least to me :-)

if -20 deg F (-28 deg. C) is optimum then operationally it looks as if all is going our way. :-)
https://www.timeanddate.com/weather/usa/prudhoe-bay/ext

Yes welcome Digger88, hope you make some profit here.

14:50 AIM4 I see you as a careful and knowledgeable poster, but I read that ASX compliance note differently.

"The securities of 88 Energy Limited (‘88E’) will be placed in trading halt at the request of 88E, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Friday, 24 January 2020 or when the announcement is released to the market."

Does that not mean there is potential for trading to reopen prior release of an ANN.
Sure this is pure hypothetical stuff :-)

15:37 whether you call it a shares purchase plan (2015) or a Rights Issue (2018) both have just caused much fuss and angst as well as dropping the SP for a relatively prolonged period , what ever shareholders think they might gain did not actually come to fruition. Would I want one again - certainly not now.

15:11
https://hotcopper.com.au/asx/88e/ hot copper 88E
https://www.asx.com.au/asx/share-price-research/company/88E ASX 88E page
https://www.asx.com.au/asx/statistics/todayAnns.do ASX todays announcements.

First announcements published from 07:30AM Sydney time

10:33 ~65M sold and ~65M bought so that 1% of all shares actually changed hands, hardly a cataract of investors :-)

Hu11 if DW could fine tune it to a tenth of a penny I am sure he would have done, afraid I am with Sheps85 on this, not many business days until spud when it could swing either way until results are known and then it could be too late.
Had DW struck earlier there would have been complaints in any case :-)
We needed cash in bank to secure operations after drill.
What happens when no money, nothing much positive.

Anyone can go to ASX announcements and see when DW joined, how far down the line the GALP agreement was and make their own decisions, the facts are all there.

its par for the course and what "bashers" do, hoping to annoy those who know better and mislead those who do not.

08:05 a perfect riposte to 07:54 well done :-))

07:16 there are some very good posters on HC but also traders, unresearched and troublemakers pretty much the same as LSE, I would not treat everything posted there as gospel.
My comment was pointed directly at a reply to 06:11 post, but have seen very similar standards of posting on HC & worse.

Did Dave actually say he wouldn't?
Rather he hoped that next time the SP may be more kind, we are now rushing towards the spud possibly now as good as ever if your spud forecast SP is correct.
Any overrun on drill particularly if results poor would be devastating if we then needed to raise cash, better to be prudent and take a short term hit even if the traders get stung.