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The reason investors ain’t jumping all over this at the moment is because of the past endeavours when it was Rose. Even though it’s a different BOD and company investors are still cautious. I’ve no doubt in my mind that this is going to be a different ball game. C.H and the BOD are developing the company and have got the right team around them. The 3D seismic details speaks volumes and don’t forget the got backing or funding, to the tune of $2m dollars.to drill this well on the back of those. Be patient Fb and don’t bother what others do. I’ve invested at different stages up to 3p and will continue to do so funds allowing. ATB

Thanks for the correction Lt. There is no bad intentions at all. The recent decisions by the BOD is leaving a bitter taste and I honestly think it could have been handled better pal. I’ve added another 1500 shares at this price. I will continue to sit on my hands and hopefully the BOD will prove me wrong.

I’ve just added another 200k shares and if it goes lower will do the same again. It is that time when Potter should just resign his position if not hopefully new board members will do the job so the company can move forward, hopefully with a little more transparency. At least L.Koot did the right thing and resign, he screwed up , but he knew that and so did Potter.

According to HSBC the lowest SP on the 11/12/15 was £1.85 so my apologies for the 11 year low. Apparently there was 1 month around that date that the SP was lower than today’s. Other than that month the SP has always been higher than today’s SP Since March 2003..

Hats off to you Spindler I believe that the decision made by yourself was the right one. Unfortunately that said
my heart ruled my head, sat on my hands when they announced the profit warning, but I honestly didn’t expect a 15% fall in the SP. I only invested when the booker deal was announced but did not envisage the SP at a 11 year low. The BOD want to be held to account for this complete **** up.

It is a difficult share to make a good profit on Falk. I’ve got 4years until retirement and it’s one of my pension fund shares so my loss is only a paper one and have managed to bring my average down so will benefit long term. I’ve always maintained that Antonio ‘Banderas’ Osorio should have went a longtime ago and I honestly believe the SP will gain when he’s out.

I agreeSpindler but we ain’t the BOD pal. Mind you it was a unanimous decision to consolidate so maybe we just don’t get it. What do we know eh!

Just keep adding if it’s possible to do so SJ. SP is stable and will climb as soon as there is whispers that the RNS is due.

SP will fall until after dividend that’s always the way and will never change no matter what company. Why did the consolidate rather than buy back?

It hovering nicely around 2.6p and MMs are testing the market so all is looking promising. It would be nice to see a daily increase of 5% until RNS.

To buy 150k shares got a quote of 2.76p. Surprised at that so seems that shares are in high demand.

At the moment there is very little to be positive about papucel. Although I have a grievance with the BOD I would never sell my holding. I have got 4years till retirement so i am very hopeful that drugs in trial stage / pipeline will take the SP back to where it should be.

TR64 you imo my friend are echoing the same sounds of many LTH here. As I’ve mentioned before this is one of my main pension stocks. I invested in the company back in November 2017 @ £13.81 and if you would have told me the SP would be @ £12.18 today I would have laughed at you. I totally agree that splitting the company is not in our interests at all and will indeed be a massive mistake. Emma Walmsley and the BOD are creating an instability Within the company and I for the life of me cannot grasp or accept what path they are taking our company down.

It’s Friday phil45 and we all know that day traders take their profits which is understandable. The shares will be bought up and the SP will again rise. Look what happened yesterday my mate was getting quotes of 2.7p to guy when the SP was at 2.58p. So there is demand for the stock.

88E to Drill 1.6BN Barrel Project in the Coming Days

Jonathan Jackson 19/02/2021
88 ENERGY
– TYPE SIZE +
88 Energy (ASX:88E) is set to drill the Merlin-1 well in the first week of March.
Merlin-1 targeting 645 million barrels of gross mean prospective resource, over three separate stacked reservoir targets, and is on trend to existing discoveries immediately to the north and south of the project area.
Merlin-1 is part of Project Peregrine, which is home to a total of 1.6 billion barrels of prospects (gross unrisked prospective oil resources).
This project encompasses nearly 200,000 contiguous acres and sits on the North Slope of Alaska - well known for a number of large oil resources.
This could be a company making well for 88E, and it looks like perfect timing to be drilling, given oil is in the spotlight on the back of the US deep freeze energy crisis.
Following a cap raise of $12M at $0.008 per share, adding to its existing cash reserves of AU$14.8M as at 31 Dec 2020, 88E has all the funding in place to drill-test a combined aggregate target of over 1 billion barrels of recoverable oil.
Beyond the imminent Merlin-1 well, a second well, Harrier-1, is due to be drilled in late March/early April subject to scheduling, permitting and related government approvals.
Harrier-1 is targeting a gross mean prospective resource of 417 million barrels.

It's also worth noting that Project Peregrine and the upcoming wells are not everything for 88E.
Most recently, 88E was buoyed by Pantheon Resources PLC’s (AIMStick Out TongueANR) news that it had just completed drilling its Talitha-A well, situated close to the northern border of 88E’s central acreage position at Project Icewine.
Pantheon is scheduled to flow test Talitha-A over multiple horizons after receiving encouraging results.
Several of the prospective horizons in Talitha-A are interpreted to extend into 88 Energy’s acreage. Further positive results are likely to increase the value of Icewine, which is going to help the company proceed with a farm out on that project in the coming months.
With that in mind, let’s look at the immediate catalyst at hand.
The catalyst: 88E set to drill Merlin-1
The drilling of 88E’s Merlin-1 well, part of Project Peregrine, is now just a few weeks away, as the company looks to target the extension of the highly successful Nanushuk play.
88 Energy has a 50% working interest in Project Peregrine, off the back of a recent farm-in, whereby 88E is carried for the first US$10 million (of an estimated US$12.6 million total cost) for the Merlin-1 well.
Merlin-1 is scheduled for spud in early March 2021 and as stated is targeting 645 million barrels of gross mean prospective resource.
Flow testing of Merlin-1 is planned if wireline logging confirms a discovery.

A second well, Harrier-1, is intended to commence immediately following completion of operations at Merlin-1, subject to results from Merlin-1, schedule and permit approvals.

That’s bang on phil45. No one selling the SP increases. I am prepared to sit on my hands until we get an update. The vibes around the company / C.H is great so why would anyone want to sell.

Sedaka you are right but this is what makes Lloyds a LTH. It’s not a Barclays or RBS it is reliant on the rental/mortgage market than the others. It may well drop a few pence after their up and coming results but it will pay for those that are patient. My biggest issue with Lloyds is the guy at the helm Antonio ‘Banderas’ Osorio. Should be nominated for an Oscar, the way he’s played the CEO role in the 10year blockbuster ‘How to milk a cash cow called Lloyds.’ has been exceptional.

Lloyds is a LTH and individuals should know that the stock is going to be volatile because the sector is reliant on the economy which is going nowhere at the moment. All I want is for the dividend to be reinstated. I hope all here hold onto their shares, don’t be pushed into selling,HOLD, if possible. I have got 4years until retirement and LLoyds are part of my pension so I have got time. I hope all who short the stock, get your fingers burnt.

Never even got a reach around. This is a really nice chance for individuals to have a dabble at investing , who want to dip their big toe into the turbulent waters of AIM, with a prospect of increasing their investment. It’s only my opinion.

Sorry 12th of January not February.