Member Info for Desmond45

Dipped a little toe in here

Hoping to get myself a bargain today!

88 Energy (88E.L) shares are showing positive momentum over the past week as the stock has clocked in with gains of -6.85%. In taking a look at recent performance, we can see that shares have moved -3.13% over the past 4-weeks, -26.19% over the past half year and -68.50% over the past full year.

Turning the ship around folks hold tight! Could be worth a top up?

No one is trapped! Says the guys with <0.5p averages!

From AGM presentation 2 weeks ago - HRZ - Re-evaluation project underway with recommended forward work program planned to be funded via farm-out
• Initial findings to be reported within weeks

The March 20th interview Dave said HRZ news due late April.

Let’s have some good news for once and move away from the current 3 year SP lows!

Very possibly JP - wouldn't want to be out of this over the weekend as it could be 3p by friday.

To cream the curve Jidmeistro

4.3m buy. Must be mental

If DW says weeks it usually means many months, maybe years or perhaps never

If DW says encouraging it’s actually knackered

If DW says we are sensible with our finances it means prepare for a CR

Zzzzzzz... it’s late April Dave. HRZ news?

I recall DW saying his idea of a good deal was a 2+2 staged exploration program( I.e drill the 2 best stacked prospects, and if they hit then delineate with additional well) with seismic and some back costs.

If we get that then this should hit 2p.

I also think the HRZ news could be better than anticipated, e.g USGS and Baker Hughes think it will produce with a horizontal well between points X and Y based on scientific data obtained from cores etc.

Talk is cheap, though

May get negative results from HRZ analysis, and no farm out. Good luck 88rs

Brom,

People may not necessarily believe in the future of the company, but a dead cat will bounce if it falls far enough. Most people are waiting for an exit point imo.

MM's not holding this down.. **** poor management is holding it down, a lack of tangible revenue or operational success is holding it down. The only success we've had is is plugging and abandoning a winx and extracting 20 thousand barrels of water from IW2. A few traces of hydrocarbons, although higher concentrations have come out of my arse after dinner. I for one would be delighted for a second strike against the BoD and force a vote of re-election, maybe even get somebody in who has a clue how to run the business - at least the board are now aware following AGM that shareholders are fed up of zero returns. When you pay top dollar for a manager you expect a Jurgen Klopp type to be getting you in the champions league... not bloody a bloody Shaun Dyche type who can barely keep us in the league and spends the money on dross!

Cheers and bank holiday beers.

What’s that Jiddy?

Is it that on the AGM presentation it stated drilling a well in Q1 2020,
But in today’s update just that we will drill a well in 2020, with no indication of when?

Haha Joe, it does say something when our only success in the last few years is plugging and abandoning a well. Oh well only 300k odd staff costs for the upcoming quarter. A snip really for the excellent leadership on display and extensive shareholder value being created.

Hi Beverley. DW told me via email that the FO process had not been opened to tier 2 companies. That was before the extension mind so we shall see.

Thanks Newanda, I will have a look!

What company is that Newanda?

Wouldn’t want to be out of this over the (long) weekend... lol

Good one. About as funny as lefty’s T line analysis. Anyways jam o’clock soon, only Q2 to wait and see....