Member Info for chrisev1

Https://www.proactiveinvestors.co.uk/companies/news/1092579/88-energy-says-augusta-1-exploration-well-is-on-track-for-q1-2027-1092579.html

17:21

No I don’t. This drill is much closer to the majors to the north. Seems more positive than some of their drills.

We’re definitely going ahead with the drill. It’s just a question of having a farm-in partner or going alone.

16:08

This is a different company than 10 years ago. You keep living in the past.

I’m quite happy with the current board/staff. I think the two new team members seem good.

Also they must have something in the pipeline with the FO as they are ordering forward items. They seemed very confident of this drill.

During the recent virtual investor presentation, Ashley more or less confirmed the FO with Burgundy will be put back to either later in the year or beginning of next year.

They seem very excited about the FO for the drill at the Augusta Prospect due at the beginning of 2027. Seems they have a couple of interested companies. This prospect looks promising.

Hopefully we will find out tonight more on Burgundy funding.

Ashley looks more comfortable in front of the camera.

Always the same in this market. But I’m not bothered as I’m not selling, if I do, until the full year’s results. My minimum target price was 800p so all good.

Nice.

Typical AIM. Always the same.

02:53

Thanks for that. Wouldn’t there be an RNS?

Are we now in the ASX100

Up 18% in Aus

Interesting times.

Sounds like 2025 was a bit of a side step year. Probably due to financial constraints. But 2026 and 2027 should be better with hopefully 3 drills in good locations.

It would be interesting to find out what the capital raise is for. This is a long shot but our next door neighbour PANR has just announced a farm in. Have I missed something.

23:38 Scott

A capital raise was always on the cards. At least it will be out of the way.

Killing it down under. Up 30%.