We would love to hear your thoughts about our site and services, please take our survey here.
Scot,
No - I will not.
The previous cash raise was on 13 November in relation to Stage 1, Tranche 1 for the farm in to Monitor Oil for 322,147,513 shares.
This current placing is to raise A$9.9 million. This will be for the 25% and associated costs. Not officially announced yet but it's so clear (my opinion).
Monty,
You have no idea.
This cash raise is for the other 25% ownership of the Hickory-1 drill. We will own it 100%, our best chance of success to date.
The previous cash raise was for the farm in for Monitor in Namibia.
Both different reasons for the 'normal' cash raise.
This may be the perfect opportunity for 88e!
It’s likely that Burgundy defaulted and was unable to raise the 3.4Mill required under their JV agreement...By defaulting 88e gains 100% of working interest in Phoenix/Hickory leases...
100% working interest is great news!
Details of our new adventure:
https://www.proactiveinvestors.co.uk/LON:88E/88-Energy-Ltd/
Scot
You are trying so hard to convince 88E shareholders to sell and buy into PANR. It ain't working as we know how you lost many loads of money when you recommended PANR's share price at 130p and they went down to 10p.
Financial advice is just not your game.
07:25 Scot
You are trying so hard to convince 88E shareholders to sell and buy into PANR. It ain't working as they know how you lost many loads of money when you recommended PANR's share price at 130p and they went down to 10p.
Financial advice is just not your game.
Scot,
Interesting. Looks like Burgundy are planning to pay by end of November and are in full support of the progression of the flow test program. Lets see what happens in November.
I personally think 88E won't flow test BFF but will still confirm as a discovery using data gathered from Pantheon.