Member Info for chrisev1

10:21

You have shares in PANR. I’ll stick with 88E thank you.

The log analysis indicates three hydrocarbon bearing zones over a ~1,260 foot ("ft") vertical section.

Still good though

I’m really happy for all, but it’s not 1230 feet of oil.

Scott,

First of all I can answer the questions. But my point is that you also know the answers but just trying to stir it up here. Shame on you.

Secondly, I have not intention to ask anyone about Burgundy. I will just wait, good or bad. I don’t need to know now, unlike you. When an RNS come out then I will know. I don’t give a rats ass until then.

Your last paragraph I just don’t care about. I doubt anyone listens to me anyway (apart from you).

Scott,

I think a more important question is why is PANR share price going down despite being in the middle of a drill. Do you have a problem there?

22:39

I think he is referring to a new RNS just out:

https://wcsecure.weblink.com.au/pdf/88E/02892611.pdf

Just saw this about the pipeline in Alaska. Didn’t know of the significance to 88E:

https://agdc.us/wp-content/uploads/2024/12/2024-12-04-AGDC-Statement-on-AIDEA-Resolution.pdf

It's going to take some days to clear the overhang and some will be taking profits due to the sharp rise recently. I think we are in good shape for good gains.

There are also some big sells after these buys. I just don't know which way it's going tomorrow.

I bought some recently at 5.4p and sold yesterday at 7.4p. My view was also there will be a dip tomorrow and I plan to buy some, expecting a rise in the selling price soon.

Scott,

Don’t be stupid and try to twist my words. I said I can answer your questions. I did not say I knew if 88E received the $350k from Burgundy Xploration as they haven’t announced anything yet. I also want to know if they have.

Scott.

Are you serious? I can answer every question but the one that I just can’t understand you asking, being a failed stock advisor, is the last point. You already know the answer to this so why ask it?

Agreed, but it looks like the preliminary results of the Naingopo well will be in the next several weeks, so early/mid December. I'm fine with that if the results are positive.

I'm not worried about the price as there was a UT trade late yesterday at a higher price and that pushed the price up to 9% from about 7%. Plus some taking a bit of profit. Should see blue by end of the day.

Looks like they will finish drilling, test and then give results.

As far as I understand, the quoted buys and sells are just a guidance. A buy could actually be a sell and vice versa. For example, I bought recently some shares and it showed as a sell. I don’t know if this is just relates to LSE.

Well done - good luck to you.

I will let Brom reply to you if he sees fit or even if looks at your posts but I would like to comment on a couple of your questions:

As for 88E we are still awaiting news as to whether Bex have paid the US$350,000 due by 31/10 and whether Bex have made progress on listing, someone did mention Bex were considering a listing on London Stock Exchange but nothing there or as far as I can see OTC. - I would like to know as well.

*If*, and I repeat *if*, the payment has not been made, is it your assessment that it will now be highly unlikely that any further operations at Project Phoenix will take place for the foreseeable future? - they have already said there is no drilling until 2026.

Whilst I have your attention you never did get back to this forum with an answer to the following questions. Is Erik Opstad still employed by 88E? If not, why not? Is the 88E BoD investigating the circular invoicing => private placement => immediate share sales activity which occurred in 2021 and 2022 between 88E and ELKO, Erik Opstad's Alaskan oil services company? If not, why not? Is the BoD investigating why it was that ELKO's cost overruns at Project Peregrine ran over 2x budget? Has the 88E BoD referred itself to the ASX and ASIC over these alarming governance concerns? If not, why not? TIA - it seems you are the only one interested in this. I'm sure you can find this out.

Also, I see the PANR share price seems to be going backwards. This seems very strange considering they are in the middle of a drill. Is there a problem with the drilling?

Just back in again. I remember a few years I bought at 0.2p and sold at 9p. I don't expect that again but what a ride it was.

I think the main issue for the SP is we are not drilling anywhere until 2026. Until we do there is no real catalyst for a significance rise in the SP.