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Me, me, me, me (hand in the air) I think I know this one, is it the same one that has imminent news this week on the SMD-B flow test. Is it the one that generally just gets on with things and keeps itself to itself, or..... is it the one where its shareholders spend more time on another stock de-ramping it, than they do on their own discussing its own merits, oooh, oooh yes I'm sure I know this one!
Chrisev1, what are you on about, your question was answered almost immediately, as far as everyone is aware there are no photos available post what 88e themselves placed on twitter here https://twitter.com/88energyltd
"With over 400 expressions of interest" - wow multiple of £millions, Anavio are done for, who would want to publicly admit to ever having been a director of COPL, apart from the extreme embarrassment, it should potentially come with a health warning.
I have always found using stop losses on AIM a risky option, stop hunters exist in MM's just a hard and fast spread shift can lose you your shares, anyone remember the fiasco at a Falkland's oil driller that dropped the SP by 50% and rebounded it again in around immrc 30 minutes, it wiped out hundreds of thousands of shareholder funds in an instant, always be careful imo with stop losses, if they build around brn's they'll be mopped up.
And btw I never said Pantheon are struggling for finance, I have already noted yesterday that they have the ability to raise via equity as stated after the webinar - "actually $250,000,000 is only around 700 million shares so they have some headroom, even with the 100 million shares added from the bond holder that is not extortionate to get things moving and far better than debt anyway."
So if news next week, I expect a little volatility over the next couple of days here, and definitely far far more de-ramping here by the Panr boys that were likely put out by yesterdays poor show, realising only one left in the game for funding and possible equity being the route to financing. I noted they really rounded up on one of their posters. Could be some opportunities all round for some.
Peaky, I have no problem with a difference of opinion, I'm not saying I'm right or its in any way fact, its just an opinion, others may differ. They are talking of funding and now only have one person on the table, the FID on the in state phase is still some way off and thus funding likely even further.
I don't see the raising of funding by equity for such a transformative stage as horrendous, particularly if they can get the SP up a bit and lower the equity requirement. However like I say it's my opinion, what I don't accept though is your cloaked accusation of dishonesty or transparency.
I'll leave you discuss, I should have expected that response though just based on the shareholders from this board that visit 88e.
Yes just listened to the presentation, my view was based on the loss of one potential funder, the fact that the trans Alaska pipeline, assuming it goes ahead, is years off and these things always have a tendency to be delayed and that actually $250,000,000 is only around 700 million shares so they have some headroom, even with the 100 million shares added from the bond holder that is not extortionate to get things moving and far better than debt anyway.
The helpful souls here once again reminiscent of the sudden arrival of multiple London buses. Could it be related to some individuals experiencing a sharp decline at Panr, after earlier hitting the heady heights, did they just expect it to carry on up up and up, was that what led them to unleash their frustrations here?
Or perhaps their discontent stems from witnessing a substantial amount of large purchases on our end. Despite their efforts to undermine us, we still closed the day up by 7.5%. It's unfortunate that this board has attracted such hostility from those affiliated with the PANR group.
Over the years, I've observed extreme cases of market manipulation, but this group's level of envy and their intense desire to see 88e fail as an investment is unparalleled. What drives them? Do they believe that if 88e fails, its investors will flock to them? It seems they've adopted a misguided interpretation of the saying, "if you can't beat them, join them." Perhaps they should revisit the original meaning of that phrase and realise it is not if you can't beat them then continue until they join them!
Time Bid Offer Volume Trade Buy / Sell Value Trade Type
16:29:25 0.35p 0.36p 12,500,000 0.3555p Buy £44,437.50 Off-book trade
11:53:50 0.34p 0.36p 8,000,000 0.3550p Buy £28,400.00 Off-book trade
17:07:47 0.35p 0.36p 8,000,000 0.3600p Buy £28,800.00 Off-book trade
12:40:04 0.34p 0.36p 6,094,390 0.3550p Buy £21,635.09 Off-book trade
10:37:44 0.35p 0.37p 5,081,420 0.3602p Unknown £18,303.27 Off-book trade
10:35:37 0.36p 0.37p 5,000,000 0.3600p Sell £18,000.00 Off-book trade
10:36:39 0.35p 0.37p 4,346,740 0.3680p Buy £15,996.00 Off-book trade
10:31:30 0.35p 0.37p 3,500,000 0.3640p Buy £12,740.00 Off-book trade
10:34:56 0.36p 0.37p 3,386,410 0.3675p Buy £12,445.06 Off-book trade
08:05:19 0.32p 0.34p 3,008,450 0.3320p Unknown £9,988.05 Off-book trade
09:56:01 0.33p 0.35p 3,000,000 0.3470p Buy £10,410.00 Off-book trade
09:56:07 0.33p 0.35p 3,000,000 0.3500p Buy £10,500.00 Off-book trade
10:33:43 0.35p 0.37p 3,000,000 0.3630p Unknown £10,890.00 Off-book trade