Member Info for Learningtoinvest

Before you all start talking about Consolidation and raising cash which are both reasonable assumptions let's see what deal Dave comes up with

Guzzler 3p by Friday get real... You will only get 3p with RNS of a top of the range deal for 88 otherwise its 1-1.5p max

I think we have only risen slightly because we don't know what the package is yet. I'm sure when we have full details the price will rise according to the value of the deal

I'm in Bangkok on vacation and am l going to party. Who loves the beard? We do

Banker don't worry about the next 24 hours it could easily go into Q3

According to my Calender 23rd of June is not the last day of the month

Is it possible to theoreticaly evaluate the share price of a farm out with say 10% per Barrel, 20% per Barrel 30% per Barrel etc? or will factoring in a 2020 drill thin the price down a bit?
Thoughts please

Perhaps it just means someone bought 7 million shares nothing sinister about that

it is a very exciting time for us 88ers with setbacks galore in recent times with IW2 and winx lets hope its 3rd time lucky. So far we have found peckham spring water and oily clay but we know billions of barrels of the stuff are there thats why a FO partner is essental for us to reach our genuine potential as an oil company. once we have a deal we will have secured our future and if we need money in the future it will be a lot easier to get it from a position of strength.
The way DW has worded recent RNS's we have no reason to believe that a deal will not be done. DW has to say there is a possibility of a no deal, the law of the land will allow no less. Nothing in life is certain except death and taxes but I believe we have a very good chance of a deal. what the deal will do to the share price is another tale for another day.

Are we going to cream the curve here?

Both sets of supporters are always expecting their team to win the Cup final. Let's hope its the 88 team holding the Cup (farm out)

For those of you who have not done so l suggest you read up with regards to the complexity of the legal side of a farm out. There can be an unlimited number of factors to consider and argue. It's not like buying or renting a house or for that matter any regular legal process . These deals can take many many months.

The farm out will take as long as it takes, dont be surprised if it goes into Q3
Dont forget shares can go up as well as down . This share has always been 50/50
Im still happy to wait and see what happens, and im not worried.

There is always a lot of talk here about, Spikes, MMs, Past share prices, HRZ and Winx dissapointments, Keeping a low average buy price by buying more shares. and lord forbid doing your own research.

The only thing that really matters is what sort of FO deal (if any) DW can come up with. The answer to that question is the answer to the future of 88, at least that is how I see it maybe its 3rd time lucky fngers crossed

It is clear to me that many of the moaners and whiners here are not suited to the risk or the time required by this extreamly high risk investment. May l suggest a cash ISA for guaranteed cash income and you will get a good night's sleep

So they got DWs 3p figure out of thin air? Of course its a guide

I am still amazed at some of the figures on here that they expect to cash in their chips
Lets look at the Top Geezer DW, hes set his stall out at 3p and nobody knows more about whats going on than he does

If I were DW I would also ask for what is known these days in the headhunters job market as a GOLDEN HELLO of a few million to keep us ticking over and give us the ability for manouvour

If we do get the FO they are not going to pay us a share of 2.2 billion barrels. If l was the FO l would pay us so much a barrel as we get it out of the ground and that won't happen until the dig in 2020..thoughts please

No matter what you said to Dave you are only going to get back the offical line anything else is sensitive stuff and could put him in serious trouble not excluding prison