Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Last Monday everyone expected a massive rerate! We deserved a massive rerate but the naked shorts wanted covering so market obliged them. It was worked and managed down we all were shocked and stunned at the ridiculousness and unfairness of it all. The manipulation of the market happens but this stood out like a beacon. This week we will move up - the market news stories are glowing, positive and confident about our new discoveries and direction making the SP being manipulated downwards all the more disgraceful! We see you and we expect you to provide a ‘fair and orderly market’!!
88E is fully funded for all their projects and in the strongest possible position it’s ever been in! This week it will finally be reflected in the SP! IMHO DYOR GLA
Here’s a good overview from Vox markets - notice the line here *** * ‘88E is FULLY FUNDED to develop Project Phoenix and its other assets’!!! ****
‘Positive results from multiple reservoirs means significant upside in future development via multiple commercialisation options. These include a farm-out to a strategic partner or early capital-light production, given the acreage's infrastructure advantage of being next to the Dalton Highway and Trans-Alaskan Pipeline System. The project benefits from the ability to produce concurrently from multiple reservoirs in a single development scenario.
Project Phoenix is being jointly developed by 88 Energy and Burgundy Xploration.
88E has a 75% stake in the acreage. As of March 31, 2024, 88E is fully funded to develop Project Phoenix and its other assets in Alaska, Texas, and Namibia.’
https://www.voxmarkets.co.uk/articles/88-energy-s-hickory-1-flow-test-yields-dual-success-unlocks-upside-in-multiple-development-options-73731a3/ IMHO DYOR
Anyone else fed up with the tosspots on here trying to stick the fake knife in to us! Comical that their idiotic posts are clogging up the board! SP Played back and forth all day so expect some more big buy prints delayed! We may even see a TR1 at this rate clearly something big being filled! IMHO DYOR
He is the definition of insanity and he’s also STILL here! Tosspot jog on son to Superdry I suggest you read my post below if you don’t want to take it from me and look at other’s words of strength and positivity for 88E’s future! Now do stop harassing us here! You called it wrong you bet the wrong way own it! IMHO DYOR
Older get a grip and a life! Its nonsense what is? The 40 million buy London Stock Exchange recorded it (but here it is
https://x.com/goodshare1/status/1780247153815740894?s=61&t=s6qx3KTQ6lp2E1JSCCVgAA)
or the resistance level at 25 once crossed we are free to run to 35 before next resistance! Why are you STILL here? Day night and every hour in between! Shorting, trolling, boiler room crew members is what is weird sunshine! You might be old but to bet against or worse naked short this company is not very wise! Perhaps relay that through to your paymasters! Last week we were trading at high of 38 prior to this on 1st discovery 45 - we’ve had additional fantastic news on 2nd oil discovery, a clear forward plan which inc JV partner farm out, confirmation of 17 million cash balance march 24, money coming in and today more detail giving us even higher numbers than first revealed! We’ve had a detailed investor presentation and an April report on all our projects across the board!
Comments from stock traders and stock media are strong and underline the positive impact for 88E
‘$88E 88 Energy enjoys a pivotal quarter’
‘$88E 88 Energy eyes resource upgrade, a farm-out and early production in Alaska’
‘88 Energy set for further growth after a strong Q1‘
‘@88EnergyLtd Further Information on Hickory-1 Flow Test Results #88E currently conducting post-flow test studies on the ‘Hickory-1 well in Alaska, aiming to revise its estimates of contingent resources upwards.’
share-talk.com/88-energy-limi… via @share_talk‘
‘Dive into our latest investor presentation revealing impressive flow testing outcomes and exciting plans for exploring future commercialisation! ➡️’
Explore the details here: bit.ly/3Q4uCQX
$88E #InvestorPresentation ‘
‘88 Energy confirms second light oil discovery at Project Phoenix, Alaska ‘
https://x.com/proactive_uk/status/1781217177426690258?s=61&t=s6qx3KTQ6lp2E1JSCCVgAA
https://x.com/88energyltd/status/1781158508148437292?s=61&t=s6qx3KTQ6lp2E1JSCCVgAA
https://x.com/voxmarkets/status/1780937393492648339?s=61&t=s6qx3KTQ6lp2E1JSCCVgAA
https://x.com/voxmarkets/status/1779789925979726287?s=61&t=s6qx3KTQ6lp2E1JSCCVgAA
I would say from these bottom barrel lows…the only way logically and realistically is UP!
IMHO DYOR
That 40 million buy by someone the other day now looking even more fantastic! Buy side looking strong. No appetite for selling at these pathetic low levels. MM will have to take this up. Once over 25 resistance free run all the way to 35! It’s coming - patience pays! IMHO DYOR
The real spread is now wafer thin signals next level incoming! MM have really tried it on this morning but have given another opportunity to top up. Sub 30’s won’t be around for long. We’ve made incredible strides and the progress we’ve made recently will now be the making of us as a company with a strong and positive future! IMHO DYOR
Building back up again. Holders are not selling anything no appetite to sell at fake lows! They tried and failed. MM trying to control the levels but at some point very soon it will simply breakout today back to 30’s on the horizon today! Buy and hold on repeat. Ignore the shorting scumbags and the 10 and 12p sellers lol! Once this goes hard MM will be forced to go with it! Any Naked short left uncovered will be fully exposed and into short squeeze snowball territory! IMHO DYOR GLA
SP building back up nicely! MM having to flip flop it back and forth to keep control- sellers who now have parted ways will not be allowed back in lower once they’ve sold. It’s a hold tight scenario pivot point is 35! Only 1 hour in. Patience pays but it’s been SCANDALOUS these past 4 days on the 2nd oil discovery RNS - AIM at its very worst but the perpetrators are being seen off by the company and now revealing further info with HIGHER nos than we thought! I’ve said all along during this short attack manipulation this week - buy when others are making you feel fake fear! 2024 is the year for 88E! IMHO DYOR
Tosspot you clown they are seeking JV farm out to produce that is COMMERCIAL lol - hes suffering tough don’t bet against the company! Now stop whinging and lying! IMHO DYOR
From the RNS
‘Commercialisation options to be considered in parallel, including farm-out to a strategic development partner and/or early and a capital-lite development.‘
35 minutes in MM struggling to provide buys and 25 on the ask considering it was dragged down on the fantastic announcement from 35 I’d say 35 is minimum of where this is heading today! The average trading price has been 34-35 since 1st announcement with 44 paid . This has all been a maniplulated smoke and mirrors play! Quite unbelievable but the company has fought back - many stock sites hailing company future strong and positive! IMHO DYOR
I’m stunned no LOI’s??? - good god if WE had each put in some funds we coud’ve bid independantly for more than SHB - also 137 approaches in PK’s affadafit? Why did PK tell a shareholder 160 approaches- unbelievable! All of it! What happens to the assets not inc in the sale? Can we or CAG approach the SL and buy from them? They don’t want them obviously. What is next? Shareholder takoever? Our market listing has value can another RTO manoeuver into it? IMHO DYOR
Company just issued this too on SM account fanastic! IMHO DYOR
https://x.com/88energyltd/status/1781158508148437292?s=61&t=s6qx3KTQ6lp2E1JSCCVgAA