Member Info for Brombarb

hope 100% cos does not become the new truth :-)

http://wiki.aapg.org/Risk:_expected_value_and_chance_of_success
"The voice of experience warns you that for exploration projects, do not use probabilities of 1.0—you simply cannot be that sure! "Absolute certainty" is 0.9 or 0.95. "

Premier must be pretty confident I would imagine.

6.86M (0.11%) traded

Seemed some early sells in ASX and then someone read OW's post and bought back :-)

at face value looks like a lot of buyers wanting in at 1.5c but very few sellers at 1.6c

0.016AUD = 0.00878639GBP

ASX(close)
1.6¢ 5.88%
Volume4.308M

Buyers (Bids)
No. Volume Price($)
39 11741598 1.5¢

Sellers (Offers)
Price($) Volume No.
1.6¢ 712394 9

Chi-X (close)
1.6¢ 1.84% down
Volume2.55

well spotted moneyhawk so BP out of the ANWR stakes ?

Jiddy amazing the ignorance of some it seems, tax credits relate to AEA and nothing to do with PMO as you state.
Have not seen the subject post FILTERED

post from possibly one of the more intelligent of the species.
https://hotcopper.com.au/threads/proactive-investors-interview-with-dw.4931133/page-3?post_id=40185280#.XWWNd9LsZYc

sorry SOA financial year 1st July - 30th June

16:05
I did bounce this off an Alaskan journalist earlier when the request for expedition had been filed but not agreed, he felt that the State may be very deliberate about this as it went to the heart of state spending, think the request for expedition suggests that SOA would like this cleared this financial year June to July.
Because we would have to take a haircut (possibly up to 10%, probably less) the surplus of credits over loan may be lost, however of course interest payments would not have to be paid.
Current Governor is on record as wanting this cleared up.

11:17 the author was talking I believe about what has been farmed out not the whole, hence the 40% of "A".

Sheps85 have you worked out what the share options have actually cost the BOD and how they compared to shares in open market at time of maturing not sure they all came that cheap.
Current incentives plan is none starter this year it appears.
What we spent on Winx would not have enabled us to have gone alone on a drill in our own territory, plus we have earned a working interest in those leases (391718-21 I think) which may mean we can try again or possible sell on, my view is that the JV strategy to major on HRZ in preference to conventional was probably flawed, however the history of the JV is known by most and should not need explaining.
Next AGM chance to vote, see results of last AGM for those who are actually invested :-)

DaveDubs is that a code??
thanks will be listening .

Does not sound to me that we will be drilling Yukon even if we retain a small w.i. .
" Yukon Leases: discussions underway with nearby resource owners to optimise monetisation strategy • "
http://clients3.weblink.com.au/clients/_88energy/headline.aspx?headlineid=6931527
Monetization is the process of converting or establishing something into legal tender. While it usually refers to the coining of currency or the printing of banknotes by central banks, it may also take the form of a promissory currency."

if investors intend to sell why talk it down?? Once they have sold are they going to talk it up??

Presentation in September may give us more idea of ongoing plans.

Will be interesting to see if any of that $23M is earmarked to cover AEA overheads in respect of Charlie-1 and if under budget were balance lands.

and the greens blamed fraccing :-)

in May DW advised that FO would formally commence 2H2019 pre core samples but there was informal interest, I would love to be surprised but suspect that any deal would be not be the best we could get, positive pressure core data would hopefully give us a better chance. Hope the September presentation will give more meat.

Dogstain possibly, if the FO is dependent on results from pressure cores then that could be the earliest timescale for a deal, however if the FIB-SEM analysis is successful and there is sufficient data from regional wells then perhaps the pressure cores will be part of the deal, in any case drilling unlikely before 2021 based on tundra conditions.
Perhaps we will get more information / clarification in September

APOW if we are to flow test then we possibly be stimulating the rock which will probably involve some fraccing, the plan for Winx had it been successful would have involved stimulation pre flow test.
Perhaps some of our oilers have views on this.

no problem, as an aside the lease (393872) we have just picked from the 2018 sale was actually Savant's, they did not relinquish until after the 2017 sale notification date and that was why we were unable to buy earlier.
My view is that there have been to many coincidences such as the 3D survey we latched on to immediately after bid accepted, Erik's tie in with Exxon etc. Hope we see value.

Jade is 50/50 ownership Erik & Greg Vigil (ex savant), they have lease 343112 62.67% WI the balance with Exxon.
Jade are formally part of the Point Thompson working unit.
more at
http://88ewiki.wikidot.com/yukon-leases (bottom of page)

00:32 I agree must be a possibility.

" Monetisation is the process of converting or establishing something into legal tender. While it usually refers to the coining of currency or the printing of banknotes by central banks, it may also take the form of a promissory currency."

7.8M or 0.12% of all shares traded

disappointing, ASX last trade was a sell and that is what is quoted not mid price as LSE

0.015AUD = 0.00825911GBP
0.016AUD = 0.00880930GBP

ASX(close)
1.5¢ 11.8% down
Volume5.813M

Chi-X(close)
1.6¢ 4.19% down
Volume1.989M

17:11 did you and your bro end up like

https://i.pinimg.com/originals/7f/a5/76/7fa57679e386442072a0bc7b8be551f1.jpg

All the best