Member Info for Brombarb

Loz this one has a long way to go yet, news expected Sarawak, Tunisia and Wick, the latter being held up due North Sea conditions but 67 days left of this quarter so lots to look forward to.
The SP will take care of it's self once we get some definite news.

without thanks .

just contacted HL as no funds yet taken from my account, they are stating that no money will be taken from account until confirmation of final share amounts received, seems at odds with other brokers.
Has anyone else contacted HL?

page 4 preparing for the Alaskan Drilling Season, interesting esp. last paragraph

"Work also took place on optimising the value of Oil Search’s US$450 million, fixed price option with Armstrong to increase our interests in the key Alaskan leases. Our objectives are to capture value, diversify risk and establish an aligned joint venture, focused on maximising the potential of the assets. Oil Search anticipates this will involve exercising the option and, at the same time, selling a portion of the interest to introduce one or two third parties into the joint venture, with our desired final equity being 30 – 35%.”


http://www.oilsearch.com/__data/assets/pdf_file/0019/26605/181023-Quarterly-report-to-30-September-2018.pdf

relates to previous OSL presentation, great thing is that COP & OSL are investing heavily in infrastructure on the Nanushuk, existing COP CPF-2 only ~15 miles away from WINX. OSL presentation shows pipelines going South to CPF-2
Plus Brooks Range Petroleum infrastructure supported by AIDEA.
OSL Great Grizzly west of Icewine and interestingly 3D surveyed by COP last winter to within 6 miles of our 3D ( if completed to permit).

Brent $75.70 (08:22)

https://www.xe.com/currencyconverter/convert/?Amount=0.018&From=AUD&To=GBP

5.7M or 0.1% traded for no change in SP

0.018AUD = 0.00984799GBP

ASX (close)
1.8¢ 0.00%
Volume3.161M

chi-x (close)
1.8¢ 0.00%
Volume2.588M

BB32 that is some exercise, well done.

HL have not removed mine yet.

allocated under the Excess application scheme.

Offer will not be oversubscribed in terms of open offer entitlements because a number of shareholders did not qualify as not in Australia, New Zealand or the United Kingdom and there will be others who have chosen not to partake, so there will be shares available to be allocated.

I read it that qualifying shareholders will get first dibs.

“Shortfall Open Offer Shares”
"remaining Open Offer Shares once subscriptions from Qualifying Shareholders for their Open Offer Entitlements and for additional Open Offer Shares pursuant to the Excess Application Facility have been satisfied in full"
http://clients3.weblink.com.au/clients/_88energy/headline.aspx?headlineid=6902871

By 11AM (London) on Friday it will be all over, and results expected PM 29th October ( presume that is WST) so we should know for start of business day.
Interesting times.

and latest buy at 1.08p, in truth volumes are small but SP resistant.

Last of CREST Offers closed now?

No logic to a consolidation at the current time and DW has stated why would he write off 15% value by doing so.

https://blog.shareinvestor.com/share-consolidations-and-share-splits/

Q & A july, 2018
Q There has been recent talk on the message boards regarding possible consolidation. Can you advise if this is something you may consider in the near future or if your thoughts on this remain unchanged (ie. That it would do more harm than good and there for isn't something you'd consider at this stage).
A We have made our position on this VERY clear. We will not consolidate unless forced to or there is a clear value point on which to do it (which usually means reserves and production).

cat read your post properly now. D

looks like other directors have tranches as well based on last annual financial report.

cat balance of options at 2.1c and due to expire 01/11/18 ~ 60M A$1.26M
whose are they? not all Dave's I would imagine

sb no matter what is said ASX is a harder regulatory regime than AIM and I believe more transparent if not perfect.

cat all DW has says is that after the RI he will have put $750000 into 88E, has already bought shares on the open market and converted options so the value paid has to be deducted before any calculation as to what he may buy in this round.