Member Info for imac1

Also blingy put another 0 in front of your 900M and your not far off my estimate. ;-)

Blingy I will post an update with current percentage ownership of each piece of acreage and the value that may be attributed accordingly needless to say its north of $10B and I have no idea where you get 900M from.???

Concho were already established and producing yes. But its not to do with offering over current price are you suggesting that with a potential 3B reserves acreage 88e will sell for 15% above the current price please tell me your not suggesting this..???

Have looked at a lot of M&A deals over the last few days and can say $3B per 500 million barrels of oil appears to be the minimum being paid.
88e all figures estimates
Merlin 1 + Harrier 1 Billion Barrels - $6B value
Umiat on trend with Willow and Merlin 1 currently estimated at 126 Million barrels but upside is huge if Merlin 1 comes good I'm saying 500 million barrel + potential - $3B value
Ice Wine estimate is 1.2 Billion - $6B Value
So what do we have then well I make that a for sale sign going up for $15B and 88e going down in wiki and aim history as a rags to riches outcome..!!!

Another example of big oil paying big money and this time its Conco Phillips who many say will be the eventual purchaser of 88e on success.

Concho Resources had 1B reserves booked and were bought out for $9.7B .!!!
https://www.worldoil.com/news/2020/10/19/conoco-agrees-to-97-billion-concho-resources-purchase

Dragon Oil bought out by ENOC for $4 Billion 663M Barrel Reserves.

What will 88e be bought out for if Merlin 1 is similar to dragon oil or more than 663M Barrel reserves + Harrier at 300M say they exceed expectations and are booked as 1.2B barrel reserves, throw in Umiat acreage on trend with Merlin and Willow 2/3/4/500M or more perhaps and PANR results boost probability of success for Ice Wine at 1.2B barrel reserves . Yes folks say what you want about the US hype train but please pay attention to the potential locked inside 88e. I make that an outside chance of 3B barrel reserves..!!! Now run your calculators on that and tell me this doesn't have 100p+ potential. The American hype train may not be as far of as some of you ate making out.

If you want to know the value for big oil take a look at Dragon Oil bought for £4Bn in 2015 by Enoc with reserves estimated at 663 million barrels..!!! If this is a big big find with Umiat on trend and Harrier close by plus all the other prospects the figure could be huge £6bn+ is not out of the question making the SP close to 50p. If you don't believe this will happen stand by because big oil has been watching this drill very very closely..!!!

So Just to clarify how many virions is the deepverge test accurate to then Goldtrig?

$3B to 88e

6.4c and climbing rather irrelevant now as fully expecting news on Tues. Red or Black we have all made our choice.
GLTAH

Sparta its a great write up bit old news been posted here at least 10 times in the last few days.
Just want to say good luck to all who decided to stay invested in whatever capacity that is and here is hoping we get a gusher come Tues..!!!

Reloaded up at 3.25-3.55 with more after selling at 4.2 yesterday US will take this higher. Stocktwits is highly entertaining to read some of them think it will open at 17c hahaha priceless..!!!

So many shorts taken out this morning by the MMs easy money. Reminds me of Rockhopper all those years ago flash crash from 90p to 40p before announcing big oil..!!!

A fee will have traded 88e to Echo well and will now jump back in here well done to them. I feel for those who sold out here this morning below 3.5 and have now been spiked at Echo. Still time for them to return here before the big RNS on commercial oil find and 8p minimum...!!!

7.3c +5.8% Uk Equivalent 4p

Down on UK closing price and way down on US closing price..!!

Nope settling at 4.4 - 4.6 next leg coming up

Simply adjusting to the Us market L2 went into overdrive. More too come from the Aussies tonight then onwards to 5p tomorrow

4.25 vs 4.40 and L2 sooooooo strong going up

Cant hold this down ur either in for the ride or out way more legs in this yet L2 is loaded to the up

Wow wow wow so glad got in here big at 1.1 US taking the roof of this