Member Info for kr1988

We need tro to call the bottom on it lol

I think on aim you don’t have to do a prospectus that’s why 88e and he1 don’t do them. Pred isn’t aim listed so that’s why it has to do one.

I don’t troll the board I just give a balanced view there are too many tampers right now I suspect a few are paid rampers too.

But 88e I wouidnt go too deep if it doesn’t sit right with you no investment is worth that but right now I suspect it’s near the bottom so should be plenty of upside

That’s why I’m a little surprised they raised so early why not wait until the excitement kicks in.

The acid test will be if the bod buy in, if they put money in it will be more promising as they know themselves if it’s possible to make this well commercial or not….

I really like oilman Jim (controversial I know….)

But he talks about placings and up coming drills, I might invite louis10 to join us over here lol

This is what he said about 88e interesting he says people don’t get excited about flow testing so need to consider this later this year as it might not take off….

Another company raising last week to flow test a potentially non-commercial well was 88 Energy (88E), which announced a non-renounceable rights issue to raise £6.29 million at 0.31p. The principal use of the funds is expressed to be for the flow testing of the Hickory-1 well at Project Phoenix, North Slope Alaska in 2023/2024. Also covered by the fundraising are planning and permitting activities for the potential drilling of an exploration well at Project Leonis, North Slope Alaska in 2024/2025, but that’s a year and a half away.

Flow testing simply doesn’t create the same excitement with the public as drilling. The popular imagination is that when a well comes in, oil and/or gas comes shooting out. The idea/importance of flow testing doesn’t really enter their thoughts. (I covered 88E several times previously in the private blog and it’s another one that performs well with a drill: Charlie-1 was financed with a 0.7p placing and the share price reached a high of 1.48p prior to the spud; Merlin-1 was financed with a 0.33p placing and the share price reached a high of 4.7p subsequently; Merlin-2 was financed with a 1.49p placing and the share price reached a high of 2.817p prior to the spud.

Thanks for posting these good to see more items are heading over to the drill site. Hopefully the pad should be fully finished this week if not already done so

This is our year lol smash he1 then slip into Matd or 88e to finish the year into a high lol

If you double on he1 and double one the others that’s a 4 bag this plus what ever else you have done and most investors will be happy with that

Yeah I’m expecting a fundraise nearer spud time if I’m honest, I’m not sure how much they have in the bank right now.

The cos is something like 13% this time so I’m prospective you have a gun with basically 10 holes and 9 bullets. You have 13% chance of living…. This is why you can’t risk the results and companies like 88e and panr are going 15 years later still trying to find a resource.

The most successful ones are the ones that market themselves well and keep dragging people back in each year. He1 did a great job two years ago people felt it was a fire gone conclusion until the day the bad rns dropped then reality hit home.

True with a market cap of 5 mil it has alot of leg room. It’s deffo high on my list for when I leave he1

Your prob better off leaving your 88e ones where they are as they should be doing the testing soon so you might get your money back, may reach o.8 again but not sure really depends if the heads arrive as it’s now fully funded so might take off with a bit of luck.

With he1 it’s easy to look back wards and think if only. The key is that when shares start to drop you jump ship asap so you’re not stuck under for years. Obiously right now it may go up and down but it should go up in the coming weeks so good time to hold.

It’s the big question how much to hold for results it seems that drilling will take 2 weeks should get some positive comms then saying helium shows which should make the sp spike. It wil be the testing where things can go wrong…..

Thank you for asking the question we all appreciate it.

Prem like to drop intra day rns so could be an exciting day next week

Matd did very well lots of people made money but same time lots have lost after buying at the peak.

When lp is finally announced that should see the sp rerate, until then it will drift down I think it’s getting nearer 4 pence

He1 I think we need to play the spikes to maximise the profits. Last week it rose to 9.2-9.3 then fell back to 8.80 so not a huge drop but enough to make a profit especially if done a few times

Not bad for the bod with lbe they should hit their targets provided they don’t hit too many dusters….

Tell me about it, I buy in and the sp flops lol

But the interview today wasn't that good and it was old (well by a week or so). Id of preferred an update to say where the drill pad is now, if all the rig made it to the holding compound and if the crew are booked.

The drill pad is almost done, the rig is just getting a final once over somewhere a little less remote its just the drilling contractors now that could mess this up. Ill be happier when the drill contractors have a set date to arrive.

Like I said Legal the other day I don't know if this share will burst this time round, it just cant shift past the 10 pence mark and yet look how close we are to drilling, id argue its more or less a foregone conclusion we will drill in September now. I think it will reach mid teens but not sure if it will get much more than that based on where we are today.

No 100% that's a good return in a short period of time. That's why we are on aim for the quick swings in SP sometimes good sometimes bad.

Better than the 4-5% in the bank lol

Yeah saw it rise considerably earlier I almost jumped in encase their was a leak but it ended up pulling back so I just think its rerating as its so cheap right now. I remember it dropped to 4 pence I really wish id of paid 4 pence a share at that point.

To reach 2.5 will be difficult but if they hit any of their targets it should be an easy price to achieve. In theory its double today but only a few weeks back it was touching 2 pence. Their getting rewarded with a 25% increase on an aim share....... That's Prem on a Tuesday afternoon lol

I did a dummy sell was offered 9.12 to sell so that’s the highest it’s been in quite a while.

If we get helium and they are positive they tgink it can be commercial id go with the 50-60 range but whilst we wait on details on an appraisal well I’d expect for it to pull back.

Yes true you may be right on that……