Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
You'd be better spending your hard earned cash on this so you can understand more and realise there is nada here!
"The essential guide to investing in mining opportunities, now in its Fourth Edition
A comprehensive guide to mining investment analysis designed for use by financial and mining analysts, executives, and investors, The Mining Valuation Handbook: Mining and Energy Valuation for Investors and Management has become an essential resource for assessing the value and investment potential of mining opportunities. Fully revised and updated, this fourth edition of the classic text provides new and up-to-date information to better explain the mysteries surrounding the resources industry.
Written by Victor Rudenno, a leading global expert on mining investment analysis and consultant to mining companies, financial bodies, and governments, The Mining Valuation Handbook: Mining and Energy Valuation for Investors and Management, Fourth Edition covers a wide range of essential topics, including: feasibility studies, commodity values and forecasting, classification of resources and reserves, indicative capital and operating costs, valuation and pricing techniques, qualifying risk, the impact of exploration and expansion, and more."
https://undervaluedequity.com/oil-and-gas-flow-rates-how-to-determine-if-a-wells-daily-production-range-is-fair/
I've already given you the statista details that oil production in Alaska is way in decline and has been for some time.
25.1bn shares in circulation, and so the pump and dump continues.
Leave you all to it, and no, I'm not a shorter, no I'm not connected to anyone else on these forums, and yes, I still have my marbles in tact! Ciao.
You mean he currently holds 120 million worthless shares more like! Anyhow, I think with 25.1bn shares in issue, and an imminent placing by the looks of it, with more shares to be flooded on to the market, peeps can make their own minds up!
DYOR!
To be honest I was finished with it and the shenanigans long ago, it's nothing more than a pump and dump as far as I'm concerned, and that's how its been for the last 8+ years and continues to be so by the looks of the shenanigans on here from yesterday, which is why it caught my attention.
Base starting point for anyone is 25.1bn shares - why? it's more shares in circulation than a lot of majors have. Rio, for example, have 1.62bn shares in circulation and an mcap of £86.51bn!
“88 Energy has historically struggled to engage in a more meaningful way with a large portion of its shareholder base in the UK, particularly those that hold shares personally. An existing mechanism exists for this through the Company’s website but it is impractical to expect to be able to answer every question on an ad hoc basis through this portal. This also typically provides clarification for one individual and then requires duplication of effort for each query on the same topic.
A group of proactive investors recently approached 88 Energy with a solution to this issue, which has the Company’s full support."
source: DW
see what I mean Brombarb? were you not invited in?
Olderwiser, I know why the inner sanctum was requisitioned, this is the 'cult' that were requisitioned by the one and only you know who, who has left a brick in the wall! to pump the company on the production of any rns which the company would try to portray in a positive light as iI understand it. The head poncho, Aberdeenman, introduced himself to DW and conversations took place as I understand it. A band of merry men and women I should add, were then sent out like disciples to promote the company on these forums. There is nothing to stop it unfortunately as aim regulation doesn't exist as it never steps in and takes action, so they are 'classed' legitimately as a loose term, as PR representatives, but they come on to the forums and pump the hell out of the assigned share, usually so as to raise assist in raising the sp in readiness for a placing and they all scarper and pull the rug just before an announcement. The same 'cult' also did it on ctag, and again on eua. Look at the sudden rises in sp on those shares in a short space of time and what happened. History speaks for itself.
My views.
End of.
What is the point of aim regulation when it doesn't serve to protect innocent shareholders who don't stand a chance against this sort of behaviouor which I view as market deceit?
"Alaska had proved oil reserves amounting to nearly 3.13 billion barrels as of 2021. Proved reserves in the northernmost U.S. state are only a third of what they used to be in 1980, and oil production in Alaska has similarly declined."
Alaska: oil reserves | Statista
Brombarb, I think 8 years further down the line tells you and me that PB was right, it's been bled dry by the majors in the area. It's like Wall holding how many shares, 120 million or something, all given to him no doubt by the company, so cost him nothing, and he's had his bountiful salary whilst in tenure, same for PB, will have been paid handsomely no doubt, and the shares were an added bonus, for appearances sake. You know that saying, you can fool me once, but you sure as hell can't fool me twice!
my views.
anyhow, I left this turd after that email to me in 2016 and never shall I return. It's a cesspit. Funny though how the rampers like to take it large, but shoot down anyone who offers an opposing view, and actually went to a meet up and saw the shenanigans of DW and his cult followers!
as I say my views. ciao.
Petroleum slowly seeps out from the rocks toward the surface, where there is lower pressure and that's where those with deep pockets and the right drilling equipment manage to trap it and extract it. Those surrounding 88e's leases have already done that, they've syphoned it out and bled it dry. What money dos 88e have left? Are you all going to go down to Alaska with a straw and see if that helps? Get a grip people. Anyhow enough said, I saw the light after I was told about that private meeting, and I should add, that information was imparted to me by another, I wasn't present.
my views as always of course.
Honestly it's a scam, a dead duck. Paul Basinski stated at a private dinner of the inner sanctum consisting of Aberdeenman/Mac4671 and others, in 2016, which they were invited to by Dave Wall, and as far as I am aware, the company paid for, that there is no oil and all the majors surrounding the area have bled the wells dry. There's big majors surrounding the area and in 8 years + none of them have been interested, they already know there's nothing there, try researching their well plans and what they have done and you'll get the picture.
A test tube with some treacle in it does not signify anything significant and olderwiser is correct. Why do people ignore the facts, it's absolutely nowhere in the region of being 'commercial' and never will be.
Do your research in to what has happened at the wells surrounding the area, they've bled the area dry, 88e were far too late to the party. No major will JV with them, they will see it as a complete joke!
my views of course but do your research.
I haven't got a short, I haven't got anything here as I saw the light some 6-7 years ago from the continual lies peddled. It's never moved out of the 1-2p range on sp in 4 years and there's 25.1bn shares in issue which they are no doubt about to increase, diluting shareholders even more. What don't you get from that? and then Sharebel has the audacity to call me a tosspot! I think I know who the tosspot is sharebel! and it's not me!
The only scandolous matter here in the past 4 days is you pumping this to death sharebel and drawing people in to a share in a company that has never done anything in over 8 years other than pay fat cat salaries to the Board.
my views.
Because it's a con!
Sharebel, you said they had commercial oil, now you are trying to backtrack as you've been called out as a liar, and you are now quoting the rns, which is correct, but that says nothing of the sort that they have any commercial oil.
‘Commercialisation options' - that is not commercial oil of any nature.
Sharebel, the person who lies stating that there is commercial oil tut tut, pumping away at this, when it's a dead duck and always has been. 25.1bn shares in issue, most of us who have been around this in the early days some 8 years ago keep trying to warn you but alas!