Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
There is the HRZ drill/farm out planned later in the year.This might not tank in the same way it did with the winx drill.
I still firmly believe the share value should be 2pps ish. now. It might not fall away as much as you think from some good results. Who knows in all honesty. But the 2020 HRZ drill isn't mentioned that much! Obviously most are concentrating on THIS drill, but there are other assets.
LeMajor.
I think this is absolutely true. The strategies involved are as many as investors. Thanks for pointing out previous history of drills and SP. I think with all the conjecture on the ice road from earlier this month we can safely assume the PMO site might be informing us as much as 88e. It is as much about the on site reporting chain here I guess? When it comes to reporting the type of material the drill encounters and how many feet of oil baring rock I can understand instant information. However for more in depth analysis with the probe or flow test results, would we be in for a longer wait?
one here I think.
little pushed for time looking at gwmo at the moment.
https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=6&cad=rja&uact=8&ved=2ahUKEwib2_SyuIDnAhWYTBUIHYWtC_0QFjAFegQIBxAB&url=https%3A%2F%2Fwww.tizianalifesciences.com%2Fnews-item%3Fs%3D2020-01-13-proposed-cancellation-from-aim&usg=AOvVaw0DqbLuvX4fjYOx04ZEJVXv
I do it all the time!!
Pounds and pence!!! also. I read on one board the ASX 88e price as "
As an aside. The linear gain was approx. 58% iirc per month. Which comes out around 9.6 pence per share! in May. That would be nice.
https://www.nextoilrush.com/88-energy-edge-closer-spud-date-one-biggest-oil-wells-2020/
The SP looks like it has stalled at the 1 yr historical high. It looks like it has been dragged back by the 88e ASX market to some extent. I don't know if they are being "trickle sold" or it's just plain stuck! It did achieve $3 but has dropped back to 2.6.
Not that I take much account of these, but they are useful as a check if NOT to buy!.
https://uk.tradingview.com/symbols/LSE-88E/
https://www.share.com/investments/shares/16840/88-energy-share-price
https://tools.morningstar.co.uk/uk/stockreport/default.aspx?Site=uk&id=0P0000VAET&LanguageId=en-GB&SecurityToken=0P0000VAET]3]0]E0WWE$$ALL
https://www.investing.com/equities/tangiers-petroleum-ltd?cid=27709
https://www.macroaxis.com/invest/market/88E.L--88-ENERGY-LIMITED-ORD-NPV
Sorry I couldn't find the news article again. I read a statement last night in an article. It stated (Best I can remember) "the Ice-road construction was now well underway".
https://www.google.co.uk/search?q=88e+2020+ice+road+has+commenced&tbm=isch&source=univ&sa=X&ved=2ahUKEwiAu7uPn4DnAhVNe8AKHQdZDJIQsAR6BAgKEAE
Absolutely! Am I missing something?
" We are very pleased with the tolerability of both oral and nasally administered Foralumab" added Dr. Tanuja Chitnis, Professor of Neurology at Harvard Medical School, and study Principal Investigator ("PI"). "
"This Phase 1 trial, conducted at the Brigham and Women's Hospital, Harvard Medical School, Boston, MA, USA, was a single-site, double-blind, placebo-controlled, single ascending dose ("SAD") study in healthy subjects in which Foralumab was orally administered at 1.25, 2.5 and 5.0 mg per dose as enteric-coated capsules. Each cohort comprised of 4 subjects, of whom 3 received Foralumab treatment and 1 received a placebo capsule. All subjects completed the trial without any safety concerns at any of the doses."
??? If they delist will they return? I could understand Motif Bio delisting from the NYSE as they dropped below the magic $1 min for the main market and didn't want to look shoddy (wolf of wall street lower market nightmare where no-one would invest again!) but here? All looking promising!
might not be relevant as it's uk. but better you see I than don't. night.
Couple of links if your interested.
https://www.nextoilrush.com/88-energy-edge-closer-spud-date-one-biggest-oil-wells-2020/
This time we have much better seismic from a hole drilled in 1991 I think.
Main targets are 5,6 and 7. COCS 50%. each! i.e 50%+50%+50%! Not bad odds.
https://oglinks.news/88-energy/news/delighted-alaskan-farm-out-deal-premier-oil-1af0c6d
This will give you a bit of background. It still cheap IMHO Good results could double or triple the SP easily.
https://www.stockmarketwire.com/company-news/88E/88-Energy
April.May possibly.
Double check on 88e site
There is also another planned farm out/drill later in the year (HRZ).
Have a look at a reply on a thread(today or yesterday iirc) on the pmo site. Click on my posts to find it.
Think he stated losses can be taken into account 4 years backdated for uk?
!Hilcorp will pay $5.6bn (£4.5bn) to buy all of BP's interests in the US state.
The firm has faced pressure from environmental groups to stop drilling in the area, but BP said its decision was not connected to this.
"We have other opportunities that are more closely aligned with our long-term strategy," BP's chief executive said."
Some of this is the fact it "suits" BBC reporting for headline grabbing and documentaries. The HRZ (and Alaskan Oil in general) has a better chance of being developed under the Republicans than it ever had with the Democrats.
Be wary of "fashionable" green reporting. I am reliably informed by relatives the Australian Bush crises was brought about NOT creating fire breaks early on, due to pressure from the greens and central government funding, "climate change" was the excuse used. With not deliberately burning out bush there was no break to stop the fires spreading. The Republicans are the saviour here. I am sure no one is going there intending to create an environmental hazard and I can bet PMO knew what they were looking at with this, the Republicans not making deals harder than they need to be was probably a tick in the positives box.
Yes! Head was engaged looking elsewhere! Decimal error!£2.43! My calculator can't handle that. That kind of mistake the workers will be out there in Hawaiian shirts. It would mean my weather Predictions for Alaska this week are strong sunshine, a heatwave and mid afternoon temperatures in the 30's!!
Thanks for that, It wouldn't surprise me. Why I said call them up. People think there being smart not calling them sometimes and oddly....it pays to ring them!!
If you want to try and take something from the last month SP.....and it won't be like this, BUT, some linear predictions.
Dec 0.9pps
Jan 1.44pps
Feb 2.30pps
Mar 3.69pps
Apr 5.89pps
It wont be linear it will be much more in fits and starts but that's the SP climb at this rate.
you look at the SP over the last month. That's more like it.
https://www.youtube.com/watch?v=PkBu-mnXOAk
Not sure there better than I remember...just different
Well, my thoughts this could correct to quite quickly did not occur so early. It will. Just a case of when.
If I look at the last week SP, it didn't really gain much Mon to Fri.
The dip midweek was the real surprise. If I stand on my head THEN it is the shape I would expect.
The price to book value is 1.3 (ish) UK so with an SP of 1.4 were well "in value", as for Aus? the price to book is well over 2!
So were looking at baseline of 1.83pps. UK That is before factoring in there is a fully funded drill coming pumping the price.
Lets see if those graphs look the same next week! low left high right is my honest opinion.
My honest thoughts on the Aus SP? Not sure the wild fires have an effect here? It is stuck....a large amount of percentage lower than it should be, it feels like an elastic band stretching "wile e coyote".... large percentages lower than it should be. When it snaps the "road runner" is for it.
The old saying when your asking directions? "well I wouldn't start from here"!! I would not have started the climb from sub 1pps!! factor that in and see we should already be north of 1.83pps IMHO
Found This for "relative" newcomers.
Might find it handy for looking up historical dates (I found it easier than trawling RNS) when looking at history.
I think I read a broker target of 2.7p in there somewhere when I first saw it.
s://www.stockmarketwire.com/company-news/88E/%3Ca%20href=
https://oglinks.news/88-energy/news/delighted-alaskan-farm-out-deal-premier-oil-1af0c6d
https://www.nextoilrush.com/88-energy-edge-closer-spud-date-one-biggest-oil-wells-2020/