Member Info for Desmond45

News tomorrow.

And anybody who has ever undertaken any drilling work of any kind will know that estimating a current depth of operations based on a generic figure of meterage per day is just not accurate, especially in a new frontier basin which isn’t particularly well understood

If oil had been encountered thus far then the price wouldn’t be tanking, such as what happened at SL. Looks like another duster to me.. unfortunately

Twas only this morning I checked the 88E share price with a gleeful smile, and could almost taste the jam. Thanks Dave

Looks like we could be having jam for Christmas

Shackles appear to be coming off following the RI, and positive Yukon volumetrics are imminent.. happy Halloween

Red flags here.

Oh what a surprise Pat and the rest of the doommongers are our in force. So much for 0.8 open eh? Bell end

I hope they stop hemorrhaging our increasingly finite cash reserves on blobs of land here, there and everywhere until a deal is sorted out. We have 350k acres odd, if we don’t have enough now we never will.. I’d get Otto and RMP to chip in and drill a well at Yukon. If the farm out gets delayed and we’ve rinsed all our cash on land that requires more and more years of seismic to appraise, it’s gonna be a nightmare..

Phron.

Could you elaborate how dave is throwing the kitchen sink at it? By converting 2.5m options? That’s hardly gung ho imo

what happened to China and USA?? :-|

No problem Jiddy. Got a feeling we’ve nearly turned the corner here. GLA.

https://thewest.com.au/business/public-companies/88-energy-upgrades-north-slope-oil-potential-ng-b88999788z.amp?__twitter_impression=true

We all know the day after taking up our 7:1 RI the SP will plummet! Sod’s law! GLA

Believe the insider information fantasy stories on here at your own peril... GarryM springs to mind!

Sounded to me like he said he will have put in his entire post tax salary since he started?

Perhaps imminent good news such as encouraging volumetrics from Yukon/cascade will have a positive effect on SP, offering IIs an opportunity to pick up shortfall shares at 1p rather than 1.2p etc by November time? SP looking reasonably resilient at these levels IMO.

So a successful farm out and/or commercial winx drill won’t see the SP hot 3p Blerim? Please return to underneath your bridge

WA, it ain’t over till the fat lady sings. Throw another shrimp on the barby for now mate. ATB

Not sure about the massive hysteria today. There is value to be had, An exclusivity agreement could be invoked any day now, in fact I reckon DW will insist on one. only need to refer people to the likes of LOGP to see Chinese consortiums farming in, or BPC for the positive (and eventually negative) effects of an exclusivity agreement. All to play for. Good luck to those with the minerals to reap the eventual reward.