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I wouldnt say thick Neil22, and I get your frustrations as we all have. Other than paper work signed off by both parties there is still nothing to entice an investor. There will defenately be investors with one eye on 88e....who will pull the trigger first??
once the deal is announced, that said market, will decide if its a deal worth putting money into at that point. Until then my friend we have to suck it up and wait until that moment.
All the best
Afternoon gang,
A few months back there was talks of a ( soft farm out with preferred bidder if I remember rightly) Does anyone know what a soft farmout was? is it just data reading?
Icewine 2 reached around 4p on the drill just on anticipation im sure it will again come winter drilling season. When Red Emperor was announced as our drill partner for Winx 1 I jumped in and their share price rose 50+%. All this is still here and there is no reason why it wont again.
Investors dont care about failed previous wells if theres a punt they will put their cash into it and more so if a big oil giant is drilling for us. Its all a guessing game of SP at the moment and the thought of 30+p does get the gray matter bouncing around.
As always all the very best to all......we got this.
Shaa,
SXX were 38p a year ago so I would imagine some holders are locked in there too. I jumped in at 36p and they dropped I lost out a few quid as it was my 1st ever go at shares. Found 88e at the same time this is my last go at shares cos admittedly I'm tosh at this. Gonna stick to what I know after 88e comes good. All the best to all.
Monty, that all depends on how quickly you need the cash back. I generate plenty through property, So I'm happy to sit and wait or so be it lose it all.
For some investors it's everything for others it's for the future. Investments win or lose that's why like a casino.....it's a gamble, ya gotta be in it to win it. My research tells me there something there 88e explore, oil company's extract. As you know 88e explore and that is what they are doing.
For e.g.. I explore for things around the house, my wife finds them..it's a man thing.
All the best.
Evening Gang hope everyone is well,
I'm certainly in it to win it jiddy, lovely 15% rise today, hopeful of hitting 1p + before news drops. That will give us a better platform to bounce off. Thanks again to the mighty faithful for keeping the good vibes going through the more difficult times in the SP.
All the very best folks....we got this
Cat...the dog ate my homework at school everyday...I could go down the route of predictive txt but qurious isnt even a word. I dont know what happened a mouse must have ran accross my keyboard when i wasnt looking...hahaha
Just wondering if our more knowledgable members could answer me this....
If the FO deal doesnt come with a cash amount to 88e, would we need to raise some funds ourselves IE a carboot/garage sale or dare I say a CR ( but at least we have something in the bag this time)
Please dont shout at me for this question as I am only qurious.
Thanks in advance guys.....
I hope it is tonight Phrontist, that will give us 5 days of momentum with the SP. As you say it is out of our hands at present 88e and Bex are gagged and it's in PI's interest that they are for our financial protection...well done to all concerned
As for Yukon etc 88e have skeleton staff and this FO deal takes priority over our other leases.
Also thanks to Newanda, Brom and Phron for your last few great posts. Really positive which is where we should be to keep the pressure of the BOD.
Good luck all....we got this.