Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
I think the chances of the conventional and unconventional being farmed out in one go is getting bigger by the day.
Unless we are using some of the proceeds from the conventional farm out to pay for a horizontal drilling campaign on hrz? In which case we will go solo on HRZ.
One thing is certain, there is so much going on in the background right now that we are not privy to. We must be very close to DW revealing his cards.
It went through as the same price as other buys at the time. Definitely a buy.
That is pretty big news in my opinion. They must be pretty confident in the data set collected post Icewine 2 drill. Big big news that unconventional could be unlocked this year. Copied below:
'Questioned DW via email what the story on the unconventional drilling rig noted for 3Q 2019.
Pending farm-out, a possible Horizontal during the regular off season from the existing well bore could occur quite quickly.
love it...'
1.123 pence now.
Not a bad price for that volume of shares today. Some were buying earlier at 1.175 pence
Moneyhawk - great summary
A must read for all shareholders and those from outside looking in.
BP
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Just a reminder of our neighbours. No one can deny, 88E is in very good company.
Since 8.15am there has been constant buying pressure and some nice biggish trades gone through.
1.175p mid
I also think the farm in deal must be very very close and I am aware we may get a share price reaction before the news.
Alaska North Slope: Multiple World Class Assets.
It has a nice ring to it.
Thank you for posting this report.
I like the sub heading 'Winx-1: On trend with Horseshoe discovery'.
We all know about the Horseshoe success! February on Friday
Neil I can understand what you are saying.
But try to have a smile on your face and give 88E this Q1
Winx and conventional farm out to come in that time.
If just one of them comes good, I’m sure the 50,000 shares you own will look good too.
I just get excited WA
I think it’s going to be surprising Q1 for many. For the good! I’m very hopeful on farm or deal
And now 1,000,000 buy at 1.13pp
Another 500k buy.
1.13p on ask
And a 1m buy just now.
I commented earlier lack of large block sells. In fact not been much selling at all. Placing stock finally done?
Volume has really dropped off today? Placing shares all sold?
Not seeing the usual 500k and 1m sells.
Maybe an option to take up HRZ within 6 months of conventional farm-out deal at XYZ price. Lots of possible permutations. All will be revealed soon!
Jiddy that is good with me. You didn't even get a response to say he cannot discuss it? I will take it he is no a news back out.
Anyone had DW respond to their FO questions yet?
Guesses on who it might be?
Someone is interested.
I think it’s wonderful our partner is share price is rocketing in anticipation of the Winx drill.
Shows the potential for a positive outcome.
It only helps 88E cause.
The closer we get to the drill you might see funds move from the more riskier RMP to 88e.
Whatever happens, if we strike commercial oil then we will be not sitting in 1 or 2 or 3 pence price range.