Member Info for Sharebel

Toffers time to sit this one out your game isnt working you’ve thrown every insult and bit of mud sling you can find all false and none sticking! So if you have not bought yet at these 12 month lows after a deluge of GOOD GAMECHANGER NEWS for 88E then you must be a greedy fool or still be short! Jog on Toff so long!

I see the Oz nightshift have taken a break to get a few winks in they’ll be back soon enough! Those naked shorts out in the cold without cover are going to have their meat and two veg served up frozen soon! IMHO DYOR

The ‘ market’ is clearly being manipulated the tiny trades being ‘sold’ to play with it have been consistent. All noted. Pennies worth of stock being consitently sold for under the bid price etc reveal whats really going on here!

We have had in last two weeks

1ST COMMERCIAL OIL DISCOVERY- SP quite rightly in normal market conditions reacting to 45

Then pulled back with profit takers from previous lows out then SP began to be manipulated hovering average around 33/34 mark eventually over nearly 2 weeks

2nd COMMERCIAL OIL DISCOVERY announced opens at 33 v 35 then within 45 mins dragged down to 24 v 25 then back and forth worked down over next day to 20 v 22

Following day robust positive INVESTOR PRESENTATION but MM worked am to 19.50 (12 month low) would you believe then was ‘hovered’ all day between 20 v 21

Today a robust and very posituve COMPANY UPDATE with commercial overview of where company is at again played with to sit 20 v 22 currently with constant tiny penny trade sells.

WHY?

REASON

Tiny constant trades of pennies being sold below the bid price to effect it and any normal sized buys not seemingly affecting the price as its constantly on a swithcaroo. We’ve had a deluge of 24/7 negative stupid posters boiler room crew with their 4 barrel nonsense, lies about the company and BOD on repeat. All of this is noted and a reminder for the perpetrators here trying to tell us to sell up (the fund needs to close their short now) all documented. This is market abuse by ii shorters. Heres an extract eg of market abuse ref tiny penny trades!

From FCA Market Abuse rules

‘3) entering small orders into an electronic trading system, at prices which are higher than the previous bid or lower than the previous offer, in order to move the price of the qualifying investment, other than for legitimate reasons;‘

So how much longer do they believe they can get away with this and the MM involved? It may well be that they’ve got wind of investment coming in here at a much higher level and THIS is the reason for their panic and 24/7 attack here.for eg Naked shorting is outlawed in UK but I believe not in Oz ! Short squeeze on the horizon! IMHO DYOR

The LOI had until close of business Canadian time 17th so they won’t be uploaded until earliest this afternoon - I’m assuming this information will be public on number of LOI parties submitted doubt we will see names presuming that will be commercial sensitivity. Let’s see. Fingers firmly crossed for all! If we don’t get any public info then we could ask KSV directly as we as shareholders and can insist numbers of parties submitted LOI are revealed. IMHO DYOR GLA

17.5 million in bank at March 2024 and NO DEBT 20% flow test payments already made and rest not due until end of Q2 - what’s not to like!

So much happening here a transformative year so far for the company on all projects! Money coming in and robust plans to maximise shareholder value! This is the new 88E - new entrants right here and now are set to seriously multibag from these faux low! At some point soon the short squeeze will truly begin! IMHO DYOR

"In what has proven to be a pivotal quarter for 88 Energy and its shareholders, we achieved the successful flow of oil to surface, for the first time, from the previously untested USFS reservoir and also subsequent to quarter end from the shallower SMD-B reservoir, both at our Hickory-1 discovery well. This represents a tremendous achievement that adds immediate value to Project Phoenix and unlocks multiple pathways for future commercialisation.

With flow testing operations complete, we will now transition to post well analysis and are moving to secure further Contingent Resources at Project Phoenix.

We expect to commence a formal farm-out process for Project Phoenix following completion of the Hickory-1 post flow test analysis, with the aim of attracting a strategic partner for the next stage of development and commercialisation."

I particularly like this and therefore despite the short boiler room crew’s stupid misleading assertions - no raise needed! Funded and no debt! Bring on the bounce! IMHO DYOR

Corporate

· Cash balance of A$17.5 million and no debt (as at 31 March 2024), ~20% of Hickory-1 flow test payments have been made, with the remainder expected to be paid in Q2 2024.

· Net cash outflows in relation to operating expenses for Q1 2024 totalling A$0.77M as compared to A$1.44M in Q4 2023.

· Cost reduction initiatives commenced in the quarter targeting a reduction in salary and overhead costs. Further business optimisation activities underway, aimed at preserving and enhancing value for shareholders and advancement of key projects.’

Decided to look in here and bet that the only ones posting would be the 3 amigos Aussie boiler room paid poster crew on behalf of an Oz fund shorting and voila here they are writing essays galore! Desperate times for them require desperate measures! It’s actually quite funny we’re all relaxing living our lives and they’ve spent all evening here after spending all day well they both disappeared for a while I guess to get in a few hours kip zzzzz then 3 others took over and now here they are back again! You guys just make me want to buy even more! IMHO DYOR

Well that’s just a measure of your silliness if I was TW then I’d be short! I’m actually quite tall… and handsome! IMHO DYOR

Comedy gold 2 MM fighting it out hence the constant switcharoo all to get stock one powering it up and one intent in grabbing stock the bid price going up and down like the proverbial tarts knickers - entertaining but exposing who is doing the shorting cover dirty woke. All noted. 22 on the ask where the bid was 8am 22 v 24 and no reason for any of this pricing! I shall expect that an audit would want reasons MM good luck with that! Buy and hold and repeat don’t play the games play the players! IMHO DYOR

It’s coming soon… pounds not pence! IMHO DYOR

Toffers another comedian that’s one share for each barrel of oil we’ve found thenI! reckon you’re struggling now is this all you’ve got? Do better bashers at least be original zzzz just stick to Superdry Tof then! IMHO DYOR

they absolutely do exist and funded seen this many times and know this in all my years investing and trading it’s rife. as is naked shorting which is illegal in the uk but still happens!

heads up right now the mm are moving their fat ****s off our necks! bid now reaching the ask - patience pays so it’s last orders sub 22 on buy side get them in! i’m being offered premium bid price - no deal! imho dyor

Mr 1 post POWERED oh dear the old derampers getting hammered forced to open extra burner accounts lol powered by chicken nuggets! You had a POSITIVE announcement on Monday! Here’s an extract! IMHO DYOR

Highlights

· Dual reservoir success at Hickory-1 with second light oil discovery at the SMD-B reservoir.

· Peak flow rate of ~50 barrels of oil per day (bopd) of light oil (measuring approx. 39-degree API oil gravity, under nitrogen lift).

· The SMD-B reservoir showed little to no measurable associated gas flow (low Gas-oil-Ratio (GoR), which validates the pre-test analysis.

· Hickory-1 has now delivered two successful oil flows and three independent discoveries:

- SMD-B (today's result): with a peak flow rate of ~50 bopd of light oil (measuring approx. 39-degree API oil gravity, under nitrogen lift).

- Upper SFS (USFS) (previously announced on 2 April 2024): with a peak flow rate of over 70 bopd of light oil (measuring approx. 40-degree API oil gravity, under natural flow).

- Both flow rates result from low volume stimulations over small 20ft perforated intervals in vertical well.

- Previously announced Basin Floor Fan (BFF) Gross Best Estimate (2C) Contingent Resource of 250 Million Barrels of Oil Equivalent (MMBOE) (refer 88E ASX release dated 6 November 2023)

· Quality and deliverability of both SMD-B and USFS demonstrated via oil production to surface with the USFS reservoir producing under natural flow - positively differentiating Hickory-1 from results on adjacent acreage.

· It is anticipated that these reservoirs will be developed from long horizontal production wells which typically produce at multiples of between 6 to 12 times higher than vertical wells. Project Phoenix also benefits from the ability to produce concurrently from multiple reservoirs in a single development scenario.

· Well testing results from the current field season confirm long-held views of the producibility of multiple reservoirs at Project Pheonix.

· As such, the Hickory-1 flow test results can be rightly characterised as in-line with those observed from equivalent reservoirs on adjacent acreage. Importantly, the performance of the USFS reservoir exceeded expectations, with the well flowing naturally with increasing oil cut.

· The results from the Hickory-1 flow tests permits an independent Contingent Resource assessment for both the SFS and SMD reservoirs; expected to be complete during 2H 2024.

· Project Phoenix JV to conduct post-test studies for integration into existing models allowing refined development planning for all reservoirs; studies to commence 2H 2024.

· Commercialisation options to be advanced in parallel, including farm-out to a strategic development partner and/or early, capital-lite production, given proximate infrastructure advantages (Hickory-1 next to Dalton Highway and Trans-Alaskan Pipeline System (TAPS)).

My average currently is now 21.50 so thank you sellers I don’t control the market and considering this went to 44-45 from lows on announcement 1st discovery even then the price action was being controlled - that’s when the marked manipulation began I think that on our second major oil discovery we should of had the market not been obviously manipulated for this stock been in 55+ easily - we opened 33 v 35 on news within seconds pulled down on nothing. If we take your advice SSccss to not buy are we fools? I think not buying is the extreme of foolish moves - buying we are moving with the market and doing the opposite of what they’d like us to do! Red I see has gone awol when you try and pin him down or have you not had time to log out and log back in again SS!

My opinions are the complete opposite of yours and indeed all the derampers. If needed I’ve got deep pockets and will simply keep buying the more profit I will be making! Buy and hold. We’ve made enormous strides in all our projects but the recent discoveries are the gamechanger now! If you’re not confident in that then do sell up and make the market a bit more liquid for like minded investors like me! But then that’s difficult for you as you're not invested! IMHO DYOR

SSccss lol I think it’s so funny you don’t know yet you pretend you know it all here! Ah made my day your post has and just confirms you know absolutely zilch about what is going on here! IMHO DYOR

Waiting Red still waiting for you tell us why we are all doomed here Mr 391 posts…

Swazer you’re not factoring in any news however the buying will begin long before we reach those absurd lows with or without news! And the very tiny available free float means there’s even less to go round hence why we often surge up rapidly. I’d say we are about there by this pm/tomorrow am the move up will be made! We could of course get a 7am new contracts RNS in on top too which would increase the huge bounce back even more! IMHO DYOR

Red ok I’ll give you the floor do explain how we are in trouble how the company is in trouble? I think the entity who bought £90k of stock at 22 yesterday is also all ears? The only ones in trouble are those and the fund who are short here! If it takes a few days to rustle up enough from the dribs and drabs selling that may not be soon enough they’re going to get squeezed and squashed by what’s coming down the track lol and I can’t wait! IMHO DYOR

Redbear another chancer hold AG to account lol! There’s some real die hard derampers here but when they are a FUNDed boiler room short crew they attack day and night! My only criticism is the interview is taking longer than expected to put out! Perhaps you’d like him to put himself in the corner and beat himself with a birch branch whilst repeating must not find oil, must not find hundreds of millions of barrels of oil over and over? Entrants here and now seriously have been given a gift of a buy in! Ruined albeit temporarily by the greed of the MM and the hustling fund targeted shorts - you’re not very clever considering they’ve got a powder dry punishment of JV major waiting in the wings! That announcement would cause the short squeeze of a lifetime! IMHO DYOR GLA

Heavy paper losses? But they’re unsubstantiated. Yes it is totally rigged right here and right now but this current price action has absolutely no correlation with the stunning finds we’ve just made and the progress accomplished! That’s just one project I’m sorry but at what point are we going to begin complaining here that the current situation being presented and the market that’s being made by the MM aligns with the FCA rules and the adherence of the Market Makers to provide a ‘fair and orderly market’ - none of it is being adhered too. We know why yes and we know why there’s a stream of endless 24/7 crew on here on repeat to try and squeeze out the quite right positive sentiment to a degree that they have on numerous occasions lied and have been libellous! All noted they’ve had plenty of opportunity to rein it in and stop but they think they are untouchable! The only push back is to keep on buying when others here are and the MM on the collect, are trying to make us feel a false flag fear! IMHO DYOR

Literally the opposite of what you’ve said SSccss as usual twist and taint and lie along with the rest of your shorting boiler room cohort! DO you even understand markets, market caps? Valuations? Incredible naivety to think seasoned investors will swallow this and quite frankly I’ve had enough of yours and the others consistent lies here. Camped on here 24/7 slinging mud and hoping some of it will stick. Explain the tiny penny constant sell trades ? All noted. No actual holder is selling their positions there’s no sells of any significance just smoke and mirrors play and big buy orders being filled like the 90k buy at 22 yesterday. MM happy to take large amounts of stock from holders over and over should they wish but they’re simply not stupid enough to be played! Why would they feel any need to sell now? Why now? Why didn’t they sell when we reached 44 2 weeks ago on the 1st major oil discovery announced? It’s a greedy market it’s shorts trying to grab control and close. This is AIM but it still needs to function within the rules and I’ve had successes before re reporting market abuse and won’t let anything I see go unchallenged! Boiler room crew whether you’re in Oz or UK the rules apply! The best thing we can all do to counter is to buy and not give in to the false narrative, false pricing and false info they peddle on repeat! IMHO DYOR GLA

With or without news but nice to see warrant holders also getting ready that speaks volumes! And an update on the horizon it’s a fine time to buy! May move some positions around and try and buy a shed load more! Too good an opportunity at this level. Can someone hold the rope for me please! IMHO DYOR