Member Info for pbody

Thanks Jiddy.
The procedure to drilling a big hole in Alaska is more complex than my understanding.
Sounds silly but when news is spread far and wide from many sources it's why they created RNS. Equally those RNS (or lack as I am sure you are aware)do cause the market to react.
I think it was a comment from "hu11", The 88e share goes up and down fast. Perhaps this is partly the reason? I still think it should have 2pps. Why the interest in it back in Sept19
So approval of drilling plans isn't permit to drill?

That's looking (no telling you) tha they are looking for:
1 ice road construction news.
2 approval; of drilling plans(I guessing permits?)
3 completion of farm out?

Jan is a long month. and the 30% climb could happen those fits and starts anyway.
News will boost people to look. How face they jump on board is another matter.
I did try and find a Dalton Highway utube video to spot the 88e "pull-in" but no luck.

"Based on standard procedures in the lead up to drilling an oil well in Alaska, before Christmas we expect to see:
•Confirmation that the company’s US$23M farm out with Premier Oil is complete;
•Approval of the Plan of Operations for drilling;
•Construction of an Ice Road to get the drill rig to the exact location.

Each event is likely to spark new attention and already, since my last update on 88 Energy, the share price has climbed over 30% with no signs of slowing down.
"

FRom

https://www.nextoilrush.com/88-energy-edge-closer-spud-date-one-biggest-oil-wells-2020/

Agree news is needed. Or some stimulus to "get the news out there" that this IS happening.
For what its worth.
This is what the article says:
"

ASX seems to have be more resistance than here.
Just before the New Year, it could have taken the lead above LSE it just didn't.
They can see that line and it didn't climb above it. We climbed 15% 2 days running. ASX wasn't even 1% at open. Says it's lagging. And thus resistive.

Looks like they are trying to get worked not fail.
With the delays, at this point the Antimony production would seem the sensible focus for production. Get it up and running for now. Does anyone know if the production is only Antimony (for now)if TSTR has fulfilled it production obligations?
(I am not saying the gold rexovery isn't important at 50000oz) Leave the gold recovery until it is producing Antimony.Get that working later. Would that make sense?

Fact the bid raised to 1..35 says its looking to climb.
IIRC The spike in SP from March 2019 looks like the sticking point.
1.4pps.....Till people look and feel comfortable there is real "value" outside that range it won't take off fully. Still really cheap under 2pps.

I am off to bed.
Perhaps the SP on the run up to the drill was lower?
Through the drill was lower?
And the prices all occurred as the results were processed?
My original thoughts and posts were don't be shaken out of it till the results come in May.
ps you can't go back more than 3 years on 88e looking at it.
https://www.lse.co.uk/ShareChart.asp?sharechart=88E&share=88-Energy

sorry if I posted incorrect prices.
I just looked on historic data from 5 years ago.
Says it spiked upto (all approx.)4pps dipped back to just under 2pps climbed to 4pps then dipped away again firstly to 2pps.
than away to a penny a share than back up to 1.6/7 climbing to over 2pps then pulling back1.8pps. before falling away for a long period of that we are just starting to climb out of.
Hence my belief that it should have remained at that 1.8 2pps level.
Anyone reading this can scroll back on the 88e site to double check (it will be a pain) but I think posting numbers are the limit.)
and 88e gets lots of posts to it may well have run out of pages.
Occasionally google gets its historical prices wrong.
Double check with Hargreaves Lansdwne Site, Reuters, Bloomberg, or FinViz. Or even here with 88e.

I don't like flying, can add a harbour for the Ocean liner?

Ahh. Thanks!
Clearly this is unacceptably short-sighted.........

typos.
$500 million
looking no looting!!
Primary targets the focus. pennies (many) per share imho.
Other sites a bonus to that! (don't be shaken from the climb to results)

Do either of you know where the original pound comes from?

Read a few posts today,
saying it's getting stuck at 1.4 again.
I think it could be historical 1 year high having effect. As will the 2pps level when we get there.
Creaming the curve? wells 5, 6 and 7 50%Chance of commercial success.
They are what we are aiming at. And those will be the money in that situation.
I read elsewhere about day trading at this point, you would have been very lucky to dip in and out of 88e over the last few days to make any real gain once you include the spread. Drop out of it and get caught out at your peril.
IF premier are "buying oilfields" worth $500 and looting at appraisals worth well in excess of 10pps if you add unconventional recovery for targets 5, 6 and 7 and flip coin once, flip coin again. flip coin again. did you get heads?
creaming that curve is I think the point. It's how companies grow to be 200 million. Imagine 2pps permanently from last drill. Which is nerves and probably whet should have been. if it was 2pps there would have been a consolidation of shares to 2 quid I guess.

I tell you.
When it comes to money I side with the Scots! They have more sense!
They actually have paper pound notes! (well polymer) so you don't have a pocket full of change to make 8 quid!.
Perhaps they can take over the bank of England and printing 1 pound notes again!
I don't see the bank of England about to start.

HI,
I would agree with others. The Hargreaves Lansdowne is handy, multi platform and usable.
Google finance WAS brilliant for free. No so much now. It changed a couple of years back. LSE is fantastic for keeping and eye on multiple equities. Some use ADVFN. Personally if find LSE is easier.
Occasionally you might want to "do a bit of math" and Hargreaves Lansdowne will do that (but it was this function that disappeared from google).You might find something you like better than Google too. But that will be personal preference.
Some rate IG, worth a look at the very least and my reason for the post.

Looks like we are starting to get some traction again.
I am sure you all read the post PMO has "no money and has massive debt", well statement has been cleared with them just making a 500million purchase.
The other is building the Iceroad from the main highway to the site has already started.
Expect the next RNS to be for drilling permit.
Have a good day.
2pps by the end of the week looks unlikely......

too tru you have the postal sells to add!

That's good. There were posts I saw saying PMO had large debt.
Cant remember if it was here or elsewhere. but 500 million doesn't sound like they are worried.

Looks like all those sells are buys as the price in rising.
So Blue morning so far.
Posted under wrong heading sry.