Member Info for jiddy123

Nearly a hundred trades today already - I think that we can safely say now that the CR shares have been absorbed.

IMHO Charlie 1 and Winx are poles apart Wade - as DW mentioned in the Proactive Investor interview, the Charlie deal has been 3-4 years in the making whilst Winx was a wildcat drill. Why would PMO pay $23M for a pool of water?

You are too kind shaa!

I am just a hapless investor with very little knowledge of the Oil Industry. Trading Equities is no different than any other horse trade, BUY low and SELL high. The cardinal rule that I have learned is "don't be greedy".

IMHO, the PMO deal has taken most of the risk off the table, and if you can get your shares for less that 1p then you will make a profit. How much profit you make is going to be determined by your own plans whether they are short term or something longer in nature.

As Brom has said on a number of occasions, do not trust me or anyone else on this BB. Pick up the facts and the ongoing nuggets of information, and make your own decisions. If you do that, you will probably be OK.

Good luck.

I apologise if I have been too cavalier LOL!

Compelling evidence of a world class find.

71 trades so far today since 8am and 0.94 being paid.

YouTube video:

https://www.youtube.com/watch?v=8kHZ5K09GgU&fbclid=IwAR2gVhoDCvo558Yfl1XoOjfeKvobx40PVH3DohzGc5Un5JGeF0ULiVzjaR4

Apologies if already posted!

https://www.nextoilrush.com/88-energy-edge-closer-spud-date-one-biggest-oil-wells-2020/?utm_campaign=88E-UA19&utm_source=facebook.com&utm_medium=social

What about this Neversatisfied!

"2.9 billion barrels unrisked gross mean conventional prospective resource based on modern
3D/ 2D seismic and historic well data (1.0 billion barrels net to 88E)"

IMHO, you are being a tad pessimistic Bdogg!

1p is just a stones throw away, and the SP has rocketed in the past leading up to an event. If you then factor in the potential of seven prospects, nobody will want to be left behind before the spud in Feb 2020. I can easily see 2-3p before that happens, although I have been wrong many times before.

Good luck!

* "The culmination of three to four years work"
* Farm Out bidding process
* Months of Due Diligence
* PMO FO partner
* PMO to cover entire drill cost up to $23M
* PMO estimate 1B barrels in Torok alone
* 88E retain 30% WI
* 480M barrels net
* POO in excess of $63
* HRZ to be fracked as part of Charlie 1
* Full WI retained in HRZ

Proactive Investors:

https://www.proactiveinvestors.co.uk/companies/news/901540/88-energy-talks-up-charlie-1-appraisal-well-901540.html

The SP is at an all time low of $2.12 from $10 on 7th January 2019.

29th November!

This is one of your recent posts on PANR:

"I have looked at 88e and they seem to have smaller OIP numbers, in a worse location and most importantly have not flowed oil. The Charlie 1 well needs to come good (and I hope it does), from RNS info it looks similar to Talitha appraisal yet Share Talk seem to ignore this."

DYOR!

Ploughing on regardless then!

https://www.express.co.uk/news/weather/1204327/river-don-UK-flood-warning-met-office-forecast-fishlake-flooding-doncaster-sheffield-flood

Are you taking the Mick Dundee Wozzy!

The UK is cold, wet and windy with loads of floods warnings.

Have a great weekend!

It is my error Proselenes, I should have named the poster in my original reply. Spinefx is right, if you click the "reply" button at the bottom of the post, the system creates ambiguity.

Twenty million shares is a considerable vote of confidence, and I hope that we are all rewarded with a substantial return in 2020.

GLTA genuine investors.

I am fully in agreement with your assessment Proselenes - my question was directed to Olderandwiser who has stated that a "huge risk" is involved here and I wanted to know his rationale.

Is that your first post on this BB? If so, how about giving us all an insight into your assessment of risk.

It's good to share the important stuff with other like minded investors smokin!

Premier are EXPECTING Charlie 1 to be an roaring success, and so are we punters.