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You believe that, you believe anything. Last winter's drill was a debacle and cost the company millions. If that scenario happens this time, then 88e will be in trouble. Gilbert is an accountant. He will raise, just like last January.
Almost certainly. After last year's very expensive drilling debacle, it's wise to have money in the bank. If this winter's drill fails, the SP will collapse, so it is better to have a healthy balance than to raise funds when the SP is a fraction of what it was.
Almost certainly. After last year's very expensive drilling debacle, it's wise to have money in the bank. If this winter's drill fails, the SP will collapse, so it is better to have a healthy balance than to raise funds when the SP us a fraction of what it was.
Brom and Ddraig. 27000 posts between them, with the vast majority from one pensioner who dropped a large chunk of his savings into a company once run by Wally Wall, who almost guaranteed to pay off mortgages of his disciples. Reality is Wally Wall left a lot of people in the red. How will gullible Gilbert do? Make your bets but don't look at the odds, and pray for an American push. Can lightening strike twice? Don't be greedy, set a sensible target and sell, because the writing is on the wall for this company. Time is almost up.
Yet more dilution, but necessary. Will more dilution happen? Given the cost of last winter's calamitous drill, I think so. Always good to come out of a drilling campaign with plenty of money in the bank. After all, if this drill fails to deliver, the SP will collapse. And raising money on a very weak SP is horrifying.
Judging by the vitriol when anybody questions the fundamentals, no mortgages were paid off. A lot of old timers got sucked into the dream and found themselves in very deep. These are the ones that have posted thousands of times. Your own fault. Hot many times have we read the word 'research'? This is exactly the reason the older generation on here are so bitter; they failed to research. Maybe in February, if their is a frenzy as last winter, their will be a chance to profit. Trade this well and you will do ok. Set a target and do not let greed intervene.