Member Info for Brombarb

22:40

No one here can be certain , lots more shares in play since the last time, reddit factor unknown but we are flow testing so a result is possible and good results at our neighbours may provide a filip.

Https://www.santos.com/wp-content/uploads/2023/09/230919-Santos-to-farm-down-exploration-leases-in-Alaska.pdf

Santos investing mega money into PIKKA so farm down makes sense.

Lagniappe already had 50% w.i. in the leases.

20:57

You obviously do not want the SP to increase before you buy in again, but at least you admit what your tactics are.

Not sure were the SP will end up the fact that this winter we are flow testing rather than just drilling adds in a new dimension and of course good results at our neighbours may have a positive impact, but so many other factors that can come into play.

Last night we closed UP at a similar % to the apparent FALL we see today.

What has changed the spread

33.3% v 16%

Its a funny old world

11:14

The market makers do not make the BUY/SELL decision.

Very basic algorithm based on mid price that LSE (London South East) use.

"Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’. "

Seems you are (were) not so certain of PANR's future either : -)

Published spread at 16.667% as opposed to 33.33%, in reality share price has moved very little since mid June.

No longer sure of Eriks relationship with 88E but notice of default from DOG.

https://dog.dnr.alaska.gov/Document/Download/1F2FD2362A5C40378939D1E3B62137B6/Point%20Thomson%20Area%20F%20-%20Notice%20of%20Default%20and%20Opportunity%20to%20Cure.pdf

As we no longer have any interest in the Yukon purely academic.

08:46

ASX announcements overnight.

https://88energy.com/asx-announcements/

As for SP must have missed the 25% spike, but so much of price movement is just down to spread.

With a mid price of 0.00325 Buys and Sells both trading at above mid price for much of the day.

But 9M & 7M earlier today did look like Buys ( one confirmed as such.

Ultimately 24M shares is not a lot in reality.

13-Sep-23 12:12:11 0.35 7,000,000 Buy* 0.30 0.35 24.50k

09:05 thats a declaration of faith, price is low and as you say there should be good news flow for next few months, might even get some help from our neighbours 😉

16:39

if oil was $40 or less things would feel very different even for an explorer with out any production.

ALASKA CRUDE

West Coast Delivery

$93.39

$0.10

9/11/2023

https://dog.dnr.alaska.gov/Newsroom

10:40 👍

Good to see some "old hands" 😊

Amazing what a published spread of 33.33% has . 😉

17:04

not looked back but were they just trades at mid price.

"Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’. "

Bidens is referring in the main to the ANWR, we relinquished our one lease for full repayment in 2022, as for the NPRA the current administration has reversed an extension of leases available for O & G leasing by reverting to the Obama 2013 plan.

As nobody got to step into the ANWR there is nil impact, effectively pretty well the same for the NPRA.

BLM lands currently subject of green litigation (Willow) which may or may not stop new developments.

As for state leases (Icewine,Phoenix, Leonis) no impact and state will fight hard against any interference, O & G is massively important to Alaska.

09:13 correct

in respect of the ANWR 88E gave up it's lease last year and was repaid in full by BLM

administration has made decisions on lease availability in the NPRA but really just taken it back to pre Trump levels however legal challenges remain as we see with Willow.(enviro)challenges may possibly transfer to state land, state will fight hard O & G is much to valuable to Alaska.