Member Info for Learningtoinvest

I read some of that farm out link that was put here recently. it was 111 pages long and the essence of it is that there are specialist FO Lawyers with an infinate number of ways of presenting a farm out agreement for two parties but many potential variations and permutations have neither been tried or even discovered yet. It is a Legal minefield so I can now understand why its taking so long to be agreed purely because of the complexity of the potential contracts

JofHoggit "We have raised a Sht Load of Money" Really????? it may be a lot of money to you and I but to a small company like 88 that has no income and is hemoraging money to fund projects its peanuts just enough to keep us afloat until FO or winx Gusher/Duster

Minden why would the price double or treble on anticipaton? last time I looked we were on aim not the bookies or the casino

Well the optomists here talk about a company with many irons in the fire with much chance and opportunity for multi bagging etc etc

But the price is still going down, Do they know somthing we dont?

Is that like the lottery chant you got to be in it to win it?

The OIL industry wont collapse that is utter nonsense, the world depends on oil for so many products, I believe Oil will wind down very slowly over a period of decades so still money to be made here . I bet there are several people with large diesel cars with no intention of selling them

We are work in progress with currently neither positive or negative news. Just RNSs to say we are doing what we planned to do. Nothing more, nothing less, nothing else thus the share price floats up and down like a rowing boat in the sea.

I always love a DW RNS that says "pleased to announce" as with the one today
Its when there is no pleased to announce you have to worry
Why should the price go up on Spud? it should go up/down on results a bit later on

OZ was not so keen last night 1.9 - 1.8 all night lucky it made par at 1.9c and nothing happening here but then why would it, When we get results good or bad the price wlll move be patient guys for good or ill news will come

Well Starting on Schedule that's a good thing. Now we have two of our irons in the fire in play. But Old Macdonald had a farm out is taking his time. But good things come to those who wait

Brombard im suggesting no such thing im expecting old macdonald had a farm out very soon with lots of ee i ee i oh with the RNS

WAaussie I agree we must make it work with the multiple chances that we have . I fear another cash raiser in a few months wll be a lame duck and finish us or dilute us to unacceptable proportions.

20 Millon Traded and the price is going down . thats a lot more than the usual sub 10 million day here at 88.

Stock steadily rising?? Are you serious?? From below 1p to over 1p. The only way this stock has risen is from a pure mathematical point of view. In real terms NOTHING has happened apart from staying at rock bottom

People are selling because they have had enough. All this "good news to come" is not guaranteed to be good thus the price of 1p I'm not selling I'm happy to stay in

Currently celebrating the penny party and large paper losses I'm afraid

If a share is good then its good 1p or £10 better if we consolidate at 5-10p if thats ever going to be possible

Please don't suggest winx may be a duster. That would really well and truly ruin the share price. Lord forbid

I'm also in long term at 2.4 million and l to am looking for rewards

are we going to get a share Price of 2-3p on a farm out?