Member Info for Ddraig

12.49….I already have a decent chunk of 88e…been here for a while so well positioned if they can get the drill bit in the ground

12.49 - that’s fine for 99% of people but those restricted can’t just buy and sell like the layman. I’m in the 1%…annoying but those are the rules!

Company should have done better on timing…why on the last day of the year and a half day at that. You can’t pick a worse day of you tried.
Also it is over done. Think some focussing on the company financials without fully reflecting on money coming back in from production.
Also it’s a proportional target achieved…with the remainder of the proportion likely to come once the dedicated work over rig arrives . Will also help get more of the gravy fluid back and would hope a flow rate increase too…
C. 50% down is representative of a complete duster…this shouldn’t really be down…but certainly not over 10%…50! Efficient markets my ar3e…manipulation at its best

11.41…not sure if direction but I agree 40% down for a worst an 80% proportional on target result is nonsense….doesn’t mean it’s not happening.
And to be clear..I know very little, like everyone else :-)

But I stand by my decisions in good times and bad therefore as I’ve filtered Scot I won’t I unfilter just for this…he’s in the bin for very good reasons as many on here share the same thoughts.

I’m not a big one for Schadenfreude but has anyone seen scot126? Only on the basis he’s always been forthright when 88e have had historic issues and I’d love to hear his thoughts on our neighbours today. Obviously the entire market is wrong, they are idiots and it will correct and be worth £10bn…and maybe it will but I’d welcome the chance for him to admit today, right now, the market and price are down almost 50% in the hope it will help his personal development and treatment of others.
Happy new year Scot…hope you have a fantastic evening tomorrow.

*weren't

Big rise yesterday - RNS this morning. admitedly the contents clearly were known but even so....suggest someone may have gotten wind there was information coming out.

10.01 - You here all week? ba bam

14.15 - Also the Schlumberger analysis is the response to Muddy Water's wafer thin argument 'its just too good to be true'. As for the blockages and potential to make the result not as good as it may have been (assuming positive). If the oil is there, the problems are known (or in this case experienced), the solutions / equipment could be used in the future then the result should be extrapolated ....the full value will be extractable. If investors can't extrapolate the sunny day result that will in the future be available given the understanding and preparation to minimise / eradicate the challenges then thats their right or I would term it short sightedness

Well it would be nice to have something to kick the market - the skewed responses to negative or delays to results is symptomatic of the risk adverse and weak society we've created for ourselves. Over to you Jay!

Shame they didn't update the timing of how long they thing is left before they can release the start of results data for the flow test. Maybe they don't know - maybe they want to drop it as a Christmas present ;-)....Jay looks a bit like Santa...needs to grow that beard out though! :-)

I blocked S**t a long time ago and a very good strategy as he can't irritate me...and he is irritating, like a little child. I appreciate its difficult as he's a lying t**t but responding only fuels the fires of madness that burn brightly in his wrong way wired mind. AIMHO ;-)

10.45 - Also equipment and services would be cheaper. Appreciate its still a harder ask but has many benefits if it were to be possible :-)

Dear Mr. Muddy Waters,
Whilst I don't believe you'll be getting burnt just yet - the temperature is rising.
Time to put your money where your mouth is - if you want the market to have confidence in your (very opaque) strategy you are going to have to reaffirm with an increase in position over the taddler 5m.
Of course if you are wrong then it'll hurt more.
Lets see what you're made of
Yours sincerely
The Dragon

Not saying either approach outweighs the fact there needs to be a result.
But unlike any other year I have no idea if there even will be a drill next year or not…everyone thinks it’s a given but late to not hear about rig contracts etc.
Plus is it a coincidence that the volumes have been consistently tiny and therefore it’s not unreasonable to assume the overhang from previous capital raise is still in effect - that is concerning as funds will be harder to find given the rise in cost of funds and none have ever financier with a few to holding over the risk event. And increasing part of the year is overhung…at some point it gets to perpetual and that usually means curtains

Certainly is - but nothing new so nothing much to discuss...as I've thought for some time, AG is a very different character to DW and is not that visible. I had a look for a video interview for AG and the last I could find was 2021! Never met a an highly communicative or outgoing accountant. His MO is to just release the written word without context or embellishment...is what it is but don't think it helps a company like 88e

22.13
There are plenty of examples out there from quiet news.l turning out negativity
Can only hope that this one bucks the trend and performs

15.17 - Reality is they probably haven't come close to clearing the overhang which suppresses the share price, then it also dissuades new investors which is needed for the drill, which will be more cautious given the cost of funds right now compared to the last 10 years, or the demands may be so punitive for the funds, all of which ultimately impact any ability to drill.
We have drilled every year for 6/7? and unfortunately nothing yet worthy of taking one to level 2 it may be a perfect storm where they won't or it won't be financially acceptable this year.
Hope not but equally don't want to throw the baby out with the bath water (well, more than already has)

10.21 - In my experience the best message you can give to a shorter is to pull their pants down by producing an outcome opposite to his/her view by a considerable quantum...