Member Info for happy_hatter

128064 - all good here too. Many posters seem to forget we need to see volume to clear placing stock. I welcome this uptick in volume.

From - JBER have not moved today, unlike the others.

1,760,000 share buy at 0.999 pence

They just keep on coming.

10,000,000 rollover.

But nice to see volume picking up.

Again another 1,000,000 buy at 0.99 pence just gone through.

There is a big buyer today. Some will disagree with me, but I believe there has been some serious loading up today.

128064 - no doubt there will be a % of the placing shares being sold for the odd % profit.

But I am greatly encouraged by todays trades. Volume now above 26m shares.

Majority of those big trades are buys mainly all below the mid-price apart from the 2,000,000 at 1.05p (this trade might get cancelled later)

But look at the other buys:
400k x 2
1,000,000
500k
2,000,000 (at 1.025p)
500k
500k
1,000,000
1,000,000
800k
750k
1,500,000
...and plenty more I could add.

Plenty appetite for this stock. We just need the placing stock to clear.

191.9 pence - happy with that purchase.

The monthly payment from the KRG is like receiving rent from my rental properties each month.

Like clockwork.

And nice for 88E to reiterate about the Farm Out deal before year end in todays cleansing statement.

RNS - 'Project Icewine net mean prospective oil resource is 2,211mmbo, with the farm out process continuing as planned with a deal targeted prior to year-end 2018'

https://www.asx.com.au/asxpdf/20181114/pdf/4408dpx4lnfl6z.pdf

You too Reaper007.

It looks like it is heating up in Alaska soon. Activity wise I mean and not weather wise.

Couple this multiple stacked prospect and potential farm out of conventional by YE, the share price could be very different at the turn of the year.

RMP Presenation

Project is on schedule for 1Q 2019spud:
– Technical work on prospects and leads completed
– Surface location chosen for exploration well Winx-1
– Winx-1 will be targeting multiple stacked prospects
– Drilling to take 3-6 weeks
– Rig contract executed with Nordic-Calista Services
• Final rig inspection mid-late November 2018
• Rig mobilisation planned to commence 1 January 2019 – Permitting and ice road planning on schedule
• Main permit triggering final payment to Great Bear Petroleum expected by end of November 2018
• Road construction planned to commence 1 January 2019

https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4we9yxCZsvppke92GA%3D%3D

It will provide more liquidity.

They are probably holding some placing stock and selling it back to the market. When they disappear it may give us a good idea that an overhang has disappeared too.

New market maker added to the 88E L2 book.

JBER

Thanks Brom for posting this link to Otto Energy presentation.

88E features on page 17 for those interested.

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02046395

I had to buy 250,000 shares x 2 instead.

88 Energy Total Conventional Net Mean Prospective Oil Resource - 2,445 MMBO

Biggest net mean conventional resource on the whole of ASX.

I am confident of more than just a healthy return here.

Looking for one final top up before we enter an exciting few months.

Buying 500,000 88 ENERGY LIMITED NPV(DI) shares
A firm electronic quote is not currently available for your order
You can send this order without a price limit by clicking the 'Place Order' button below, or alternatively click 'Amend' to go back and specify a limit price

Nice placing all done and dusted.

This slipped in the RNS 'and to enable it to identify and exploit new opportunities on the North Slope of Alaska.'

Look out for upcoming auctions.

The company had a very significant shortfall at 1.8c. Not many took them up. I took up a heap along with many on this forummand now people are complaining, seriously where else will the shortfall placement going to go. Dave clearly stated that the company had 3 months to fill this placement at 1.8c. Or Not. Well he's done it. Something is happening to do it so early. No secret here guys. Obviously a bigger picture is going on than any of us know at the minute.

I know in the past we suck big time with our placements of timing, but this time company consistently says increase and increase of reserves and farmin before Dec. This really doesn't effect us at this stage as we are not drilling. It's basically housekeeping while we move towards significant news imo. Not a big issue really guys.

I am not bothered that it's happening now, better than in 1-2 months time prior to farmin news or when Winx is drilling, that would really kill momentum and P me off big time..

Once this placement is done next week we can all move on and focus with what is important, that's drilling and who our farmin is etc... Bonus more cash in bank. Who knows maybe with this cash and increase of Yukon maybe this has something to do with it and maybe another 3 party drill to keep me happy lol, by drilling Yukon after Winx in 2019. Personally I want more than 1 well in 2019. Just don't like stagnating.

Seriously one day of SP moving up and now the sky is falling in, mmmm!!!!!. Some who are complaining should have bought at 1.8c there was sheet loads on offer. Can't have it both ways in life people. Focus outside the square and look at the big picture of why they are doing it now. Hopefully next week we might all know and even be surprised.

Don't stress the small stuff, focus on where we could be in 3-4 months time hopefully above 5-6c and as Older said maybe a Tier 1 drilling my ugly duckling IW2 which may turn into a soaring eagle with the likes of the biggest oil/gas technical brains bought in to drill and if success then bugger 1.8c or 2.4c in todays events, we are over the resistance of 10+c easily.

Thanks proverloop

First time I have seen that written down too.

Not happy if the JOG management are aware of the situation and not updating the market.

On the basis of what I have read, I have, for now, sold out.

Mid-Feb is too far away to leave my money sitting around here.

Thanks proverloop

First time I have see that written down too.

Not happy, I JOG management a well aware of the situation and not told the market.

On the basis of what I have read, I have, for now, sold out.

Mid-Feb is too far away to leave my money sitting around here.

Quakers you must have missed the note in the Rights Issue document. To save you looking, I have copied it below for you.

'The Company reserves the right to place any shortfall shares that are not taken up by existing shareholders at the discretion of the Directors.'

HeresHopin - There is no way 500m+ shares have been sold since the shortfall figure has been known. Don't be ridiculous.

The news that 'magically appeared' has taken months of hard work. We are talking about Yukon 3D analysis and conventional update.

Although I agree the timing of it could have bee better. Say next week after the shortfall was filled.