Member Info for mikemike

BRB1 this one was asked in the Q & A

http://88ewiki.wikidot.com/questions-and-answers

Yaki a good read, ty

However, it does seem that somethings just never change;

''That is looking ever more likely: '''after years of delay''', the Tanzanian government says it is in the final stages of talks with state-run China Merchants Holdings International.''

Guz. I am sure that the negatives can and will be discussed well argued contrarian views are always welcome


Telling us

''There are a number of things I don't like, I won't list them. ''

''I simply cannot abide the posters who refuse to discuss the negatives.''

Pretty difficult to discuss?

BTW there is nothing to stop you sharing a response from D W. Just treat it as a mini Q & A?

CF ty for that I was thinking i might have missed something from today.

BB

News flash i am not wrong about you

You are still confused.

I got a stutter and I write as I say

cats

that makes you a double copycat

Discuss

Why oh why knowing what you know let alone what you already knew did you reinvest just a short while ago?

''No one believes enough to invest'' ''only stacked up with hardcore investors and some institutional investors''

I think you may be confused

From lazarus on HC

I don't believe your memory has failed you Ex. Though I think it would be an exceptionally brave company to extrapolate the Repsol/Armstrong 12 from 12 to a very high CoS in a newly targeted area. Perhaps "brave" is less the pertinent word..."foolish" may be better as they would be on a hiding to nothing if they articulated a very high CoS. It is left to mug punters like us to read the tea leaves and draw our own interpretations.

That said, I understand that 25-30% GCoS is considered quite high...particularly in this neck of the woods. @OldGeo made an excellent post on this topic a while ago on the OEL thread (https://hotcopper.com.au/posts/34527800/single) which gives a good illustration of how this 25-30% could be derived.

https://hotcopper.com.au/threads/lse-tonight.2718735/page-10499?get_post=true#.W2GAcigzbIU

Do not disagree with anything, just welcome some clarification on this one.

''PPA, final documents for approval due to be delivered to GoT tomorrow'' Have kibo not already submitted after the re-format?

The more unhappy they are, the happier I am.

They only attack good shares with great prospects, it's in the job description :))

My imagination or have posts been taken down to day covering the new name and SML delivery to the TG etc.

I wonder if we are offered the SML if LC says ty but we will take this up when the PPA is signed off?

it s then for gas excellent RNS

SYM

i doubt they know anything at all that we do not already know. probably think they have breaking news by telling us that the TG needed two extra docs submitted and according to timelines supplied by LC those docs are with the TG,

Glass half full!! I demand a top up!1:))

I am invested in the company, the SP will take care of itself.

88e has come along way since TPET days

88e has come along way since its initial foray into 92, 000 acres in Alaska.

Yes IW2 was not an instant over night success defined by some on here as a ''gusher''.

For those who researched Shale plays they would have known that the probability of 50% meant that they would learn so much more about this unique Hybrid. How many test well did it take before they cracked the eagle ford.?

For a unique one off never been seen before vapour phase. None of us here know what this means in terms of success going forward. A farm out in 2019 will probably tells us all we need to know.

Add in the potential leads for Conventional to diversify the risks and we have a real potential.

Question I ask myself;

''If 88e had gone IPO today as a new venture for this acerage with both shale and conventional potential with 3D and 2D would I invest at this price?, hell yes. Would I invest at 4p, yes but not as much. Would I have set a stop loss at 3p...no way too silly!! as a rise to 3p tells me the journey is starting. not ending. A retrace is MM mugging the PI as usual''

Once the news flow starts it is going to be a constant drip with an occasional dollop:)

Yes getting these three underway is vital, imagine the market response to new projects once these three start. I would not be surprised to find that LC has already identified such projects and will bring them on asap and will not wait for MCPP

Bromb, exactly

follows the pattern of a certain biscuit we once sadly knew.

Then suggest you spell it out for us as to what the issue is as you see it. Otherwise refer back to the answer I first gave you, street cred is neither desired, wanted or requested.

If we do get the activity you describe then once that sets in the potential volatility will help.

Kibo energy is set up for news to drop from three different investments at any time. The news will probably kick the sp higher aligned with volatility. I wish we had that now as I see it taking us a lot further forward.

The new presentation on page 12 tells us that it is a 300mw project first up and that an additional 300mw is not far behind. I think once things do start to move the momentum will be a very positive driver.

D45

The good spot is that the converted options have now been removed and added into the main listing. The details of the the options outside of the 10m added to day is no new news at all.

The capital structure etc is on the web page 88energy.com