Member Info for happy_hatter

We are still well off the aussies. They closed at (2.3c) which is 1.32 pence. Why can't we on LSE close that gap?

RMP now up 35% - enough commentary on me on that share. But hopefully its linked to decent news with 88E.

Also the irony of you saying that I am misleading the board.

Remember last year when you misquoted me on here, to make it look like I had meant something else. Look in the mirror chap.

How am I misleading the board? A three year high is exactly that wether you are suspended over that period of time or not.

Please can you use full stops and capital letters. It makes easier reading for us all. I rarely read past the first line of your posts, not that you care of course.

RMP up again, now 13%. Im not a shareholder there by the way.
And trade high of the day just gone through here on 88E for 1.2399 pence. Maybe just maybe, news on the joint front incoming.

Perhaps news with 88E to come on the Western Blocks as RMP are up 10% on the day and have hit a three year high.

1,750,000 bought at 1.24 pence

Pat 2014. There is no catch up from aussies. They are ahead. 0.23 ASD = 1.3 pence. We have some catching up to do.

From Presentation: Icewine: HRZ Liquids Rich Resource Play – 0.8-2.0 Billion Barrels Liquids**
• De-risked by core/log analysis from Icewine#1 and successful stimulation of Icewine#2
• Flow test result from Icewine#2 not considered representative of play potential
• Further analysis underway

This is not the message you would be sending out if it was a failed well, as all the scaremongers seemed to have you think. DW is slowly but surely packaging all these 'little' projects up, proving them up and one day the market will realise what we have. There is so much fear priced into the share price right now. I consider todays 1.1 pence to be equivalent of last years 0.8 pence. Look at the chart, this latest drop from 4th June is starting to round off.

Since reading the presentation, I'm in for another 250,000 shares today as of 10.32am, I couldn't help myself. I have set a fresh target to hit my new target holding by the end of Q3 when things should really get going.

At last!

Same old faces and same old moaners. That's all this board is nowadays, 75% of it moan moan moan by 5 to 8 posters doing their usual routine.

We have had an operations update as of 30th July 2018.
https://investegate.co.uk/88-energy-limited--88e-/rns/operations-update/201807300700051224W/

Some need to get over the fact we are where we are. Management are working hard behind the scenes.

I believe ultimately shareholders will be handsomely rewarded wether you are holding 88E shares at an average of below 1 pence or above 4 pence.

I added to my existing holding 2.5m shares at approx 1.2-1.3 pence a few weeks ago. I am now sitting on my hands and TRUSTING our management to generate the shareholder value.

Plenty news on the horizon and remember a bid for the company can come at anytime.

New major discoveries in the Nanushuk formation on Alaska’s North Slope are causing some significant rethinking of the oil potential of the region, as companies move toward development of these finds and assess further exploration opportunities - companies such as the Oil Search/Armstrong Energy/Repsol group; ConocoPhillips; Paul Craig; the 88 Energy consortium; and Malamute Exploration.

http://www.petroleumnews.com/pnads/250345896.shtml

Plenty of interest in the Western North Slope, even if it appears that nothing is happening.

Cheers.

Multiple mentions of China by DW at the last presentation at The Globe. Something from that direction is coming our way I feel.

Posted by JOG on their twitter:
#WHIreland upgrade #JOG Target Price from 307p to 404p, stating that “#Jersey is conceptually very well placed in terms of timing of the commodity cycle”. #OOTT

“We believe Jersey is currently well placed to benefit from lower service costs as it appraises its discovery and progresses it towards first oil whilst also poised to benefit from any further commodity price increases” #WHIreland on #JOG

JOG Target Price from 307p to 404p - WHIreland

It's a delay by a few months, big deal. You might be already out but the institutions that are holding millions of shares are staying in. I know who I'll follow. Good luck elsewhere.

cjml - Our latest operational update (2nd July RNS) suggests data obtained is sufficient to attract farm in partner.

'An internal belief that a more significant work program is now required to meaningfully de-risk the HRZ play further and that the data obtained to date is sufficient to attract a farm-in partner to undertake this program. This is consistent with the natural progression of development in all other unconventional resource plays'

I think the farm-in agreement was agreed in principle pre ICEWINE2 results. DW and the team simply had to tick of X, Y & Z during the testing which we hope as shareholders they did. The RNS suggests that have done enough to 'attract a farm in partner'. Now its a case of dotting the i's and crossing the t's. Deal done in my opinion.

Nice post LeMajor.

I have not been reading the board much recently. But scanning it quickly from page 15 (75 posts per page) to today, by the way some people are talking its like do or die in the next three months. It is not guys! And yes I do realise a lot of posts are from trolls. We have multiple projects on the go and only one needs to be successful for the share price to be in double figures. Not to mention before those drills, a game changing partnership/farm out deal or a bid for the company that could come at anytime. Ultimately, thats what I would prefer, a bid for the company before any of these drills. At what price are we valued at by industry now? Who knows.

Yes the HRZ did not do what we wanted this time round, but I am sure it will prove its worth at some stage along the line. The key here is patience patience patience.

I personally bought another 2m shares last week at above todays prices, about 1.25 pence. Another opportunity I could not miss to top up at bottom prices. I am happy now to sit on my hands and trust DW to deliver the goods. I am confident he has been talking the 88E book to some majors for a number of months now. ConocoPhillips, BP, China...take your pick.

Thanks to mikemike for organising the Q & A.

25,000 share sale gone through and the price has dropped. Good opportunity to pick up shares at a fraction above the placing price for those who see the attraction. Things will move here very soon.

Five buys on NEX today. Link for those interested: https://www.nexexchange.com/member?securityid=2074383