Member Info for Hu11

100k shares this morning at 4.25. Great timing!

10-04. Lol I’m pretty sure he’s taking the p155

11.33, who are you referring to?

10.34. Be very surprised if this follows the same path as 2021, for everyone who made a packet there will be hundreds who got spiked. Be happy with a bag from here.

10.26. True.

“5p before drilling”?? I see silly season is upon us!

To think some sold at sub 5p yesterday! The mind boggles.

Really surprised Shubham has taken a position in 88E at this point, They don’t have enough in the bank to fund the drilling of Hickory-1 and a placing seems likely any time now. I was lucky enough to buy in there in 2016 prior to its 1200% rise, Every year since they have raised prior to drilling so that’s the time to buy. With 18 Billion plus shares in issue the company gets less attractive year on year, they have had numerous failed attempts at hitting the “jackpot”!! I have a small number of shares left in there on a free carry just in case they do have a successful drill. I may take a position for a trade again at some point prior to spud.

Showing a profit!

To all the informative posters on here, even the odd negative ones! I had a target of holding 50k shares but have gone well past that now having re invested my dividend payments and buying here and there, bought my last 4K yesterday and lowered my average to a shade under 23p. Wishing you all a happy and prosperous Christmas and new year.

I’ve added over the last 2 weeks and surpassed my original target of 50k shares, now hold just over 54k, not large compared to some but nice enough for me. Looks like we may hold 30p, 30.5p on the bid

Agreed Stas 20, I’m with II and always on time.

08-06, Agreed, with what’s in the bank plus another 10m raised is not enough to fund a drill. Also interesting is this part..
The data used to compile the independent prospective resource report includes reprocessed 2D seismic data, basin modelling, petrophysical analysis of publicly available wells and historical geological records. The data was compiled and interpreted by 88E and was reviewed, validated and in some cases modified independently by LKA..
Well the 2D seismic data they’ve used in the past hasn’t resulted in a drop of oil out of the ground so far!

Lol, I’ve heard that before.

I have also added at 14.85, unbelievably cheap.

17.16, Anyone doing the basic bit of research will know that the company need a cash raise or farm out to do anymore drilling hence the drift down from 1.2p just a few weeks back.

Do you mean capital gains tax? If so it will depend what type of account you hold your shares in, as Hotchip said you need to get proper financial advise, if your accountant is unsure perhaps find another.

Not a bad week, 16% up, hopefully more to come.

88E have funding issues, until that’s sorted can’t see it doing much, Having said that it is prone to spike out of nowhere

Should we get a farm out deal then it will depend on what’s in the deal as to any positive rise in share price, it could actually be a poor deal in the eyes of the market which would result in a negative impact. Time will tell.