Member Info for guzzler1962

Think I've been pretty balanced regarding 88e.
My views on it haven't changed for years, I even signalled I bought when 1st TD was recently hit even though I believed the Mcap was too high.
Volume and SP was up on ASX so there was money to be made.
But I'm sure you understand the point I'm making regarding the new Mr Negative.
Didn't take me long to see straight through him back in 2015.

Anyone else see the irony?

You are applying a quote that was used during a totally different scenario.

Dave Wall did mention 'leaving some meat on the bone' for the future owners, now how do you interpret that?

Wasn't that said when he led everyone to believe the HRZ would flow like conventional?
Mcap currently £165M for a company that is unable to get oil to surface but Majors are looking to swoop in?

Brom, you've been on a free carry for at least 3 years.
But even so, not selling at the ridiculous Mcap of last week and holding through results is simply gambling, not investing, so please don't pretend otherwise.

Jiddy, hope you got out at a good price?
Pleased for you. Despite our spats it never sat well with me that you saw the big paper profit slip away.
Hope you enjoy your winnings and turn away from this car crash now.
As for those LTHs pretending they held for results, behave yourselves, you're not fooling anybody.

This drill has been ongoing for 3 weeks.
The company had already announced that it was too late, even if a success, to drill Harrier this year.
It seems you've invested in something that you had no idea about.
No doubt if I'd told you to pull before results I'd have been labelled an unhelpful deramper.
Such is the way of this forum.

Some research

Yesterday's news of debt restructuring has gone a long way to address the suppressed SP.

How did the market know the result a fortnight ago when the deadline for votes lapsed on Friday?
You're trying far too hard to talk this down because by your rational, if the market knows the final result of vote it likes it because the price is rising.

Buyers day prior to and on morning prior to result.

Old news.
Its about the "now" not the "then".
Story at price.
The same could be said of those buying 88e at 4p. Are you saying folk should have dismissed it at 0.25???

Incorrect. Price did rise in anticipation of last meeting.

csw12, my post was in response to a question on whether there had been an announcement from 88e regarding OTC listing.
I've used EMH as an example of a company that has RNSd and then gone on to upgrade to Nasdaq as a result of that success.
Sorry you don't like that fact, maybe you can offer a reason why it hasn't been announced here, especially since Wall has hinted in the past his desire to see 88e on Nasdaq?

On November 6th last year European Metal Holdings #EMH issued a RNS stating their intention to list on the OTC pink to give exposure in the US.
On December 15th, due to the success of that exposure they RNSd they were listing on Nasdaq.
Company tickers are different over there so its not unusual that #88e isn't used.
What is unusual is Wall hasn't RNSd it.
Why not? Who knows?
Enjoy the ride, but some things don't add up and some things need explaining.
GLA

Anyone know if Eric Opstad held shares lower down?
And does anyone know the story of URU that did a CR at 0.4p quickly followed by a premium CR at 4p?
Why would someone participating at 0.4 then agree to participate at 4p?
Simple, guaranteed profit from their 0.4p purchase.
Food for thought.

Pmsl

Does that mean you're now holding less shares than ever Dazz? Nothing like a sign of confidence eh ;)
Well played by the way, glad you recouped your paper loss.

Probably because unlike the general consensus on here, Wall does not play with a straight bat.

He'd have been sitting pretty if he'd bought into it before the drill bit hit the ground at 0.45p :)