12.23 obviously your opinion and the credibility of your posts are zero Gideons. Your the definition of a sentiment spouter rather than sensible thinker about things. your post below last week:
RE: 100% PERMIT BEEN APPROVED - SEE FOR YOURSELF08 Feb 2022 08:43 A new base is set for the SP. 3p+ should be coming when the permit drops imo :)
RE: Permit approved formally and legally..,9 Feb 2022 08:36
The RNS will come within the next 24 hours. Approval or rejection of the permit is a material event to 88E, it will determine whether some invest or not, buy more or sell off.
We on this BB know it's been approved due to some great research from some people but the market won't so an RNS will drop.
16:13 Price won't go much lower now ATrades so get in now before it increases tomorrow from the RNS announcement that will state the permit has been approved.
Nice try but like I always say, what is said on the BB will not impact price so your pointless comments trying to get the share price down do not work hahahaha!!!!!!
The key shareprice-impacting news now (and hence the topics that will be battered to death here) will be:
- official permit approval - this will tick the price up further than it is now as I'm afraid to say this Board doesn't have as much of a following as people like to think. - Snow road completion and rig mobilisation - this will tell us the rig has arrived safely and is set up OK as the worry is it might not survive/make the journey to the drill-site alright. This will tick the price up further. - Drill depth targets and potential signs of findings as we go along. Each one of these generally tick the price up as it shows the drill hasn't failed, but also when an RNS has 'elevated mud-gas showings' in it the the price really kicks on. - Final findings of course, whether it's oil is gushing, strong signs of oil, or no luck and plug and abandoned.
All the above stages of annoucements in the drill process are what impact the share price a lot and are the exact topics that will have people on here going on about to the death!!
Fact check this - the share price of 88e will surpass 5p within Q1 2022. If it doesn't, I will never post on this board again. But when it does, you can disappear from posting on this board to which you are not invested.
Money where your mouth is Mr Maths? Solid bet given you have so many facts about 88e being overvalued, no one can it go to 5p with your maths...
88E only paid 1 US cent? Right ok I see. I'm just going to go to every business in the UK that has bought something for cheaper than they sold it on for and refer them over to you for some geneosity and wisdom.
Oil is $90. We have a 100% working interest in this drill. 88E will be sold as a corporate once resources all proven, but this alone would be valued at least at £2 per barrel in the ground (absolute worst case scenario).
Scot missed the boat. Scot posts on the board of a share he is not invested in. Scot claims 88e is overvalued but doesn't short it or action anything on the matter. Scot is bitter. Scot ignore my summarisation of the 88e fundamentals earlier as they are true. Scot is annoying.
To elaborate on the fundamentals Scot has elluded to:
'The Merlin-2 appraisal well is planned for a Total Depth of 8,000 feet, and is targeting 652 million barrels of oil1,2 in the highly prospective N18, N19 and N20 targets that were encountered in the successful Merlin-1 well (drilled in March 2021 to a depth of 5,267 feet). Merlin-1 demonstrated the presence of oil in these multiple stacked sequences within the Brookian Nanushuk Formation.'
Targeting 652 million barrels. Oil currently around $90. Marketing cap currently £365m, this value driven by last year finding and prospect of what is underneath ALL of our acreage.
There's some numbers for you Mr Maths Don't Lie man.
88e's market cap has been like this for many years now, because the value of our acreage and what is underneath is truely valued at this amount. The market NEVER stays wrong for too long mate, so the many many many investors in the stock market would have to have been wrong for multiple years now on this one. I doubt it myself.
RE: webinar containing info on shared asset26 Jan 2022 17:08
Scot you go into so much waffle and detail on this share and why not to invest in it, calling out such nice and lovely people on this board, yet year after year I make incredible amounts of money investing here. You spend your time slating this share to people who believe in the project, I'll spend my time couting my money every April/May time.