88 Energy Share Discussion Threads

[pro_s2009] 05/11/2019 19:54

Rodrod1, give it a few days and then I will post the full note. Its a good read but I don't like to link straight away... Give it a couple of days and then I'll post it.

[gowski] 05/11/2019 19:16

https://www.research-tree.com/companies/uk/oil-gas-e-ps/88-energy/research/cenkos-securities/cenkos-88-energy-ltd-charlie-1-update-and-quarterly-report/39_2019110503492285051

[tialouise] 05/11/2019 16:12

And you are???

[leewink1] 05/11/2019 16:07

And dumping it on close, not much confidence here, just stop ramping it on all pages please.

[soultrading] 05/11/2019 14:13

Someone buying millions?!

[soultrading] 05/11/2019 13:45

WOW - "the upside potential is huge, unrisked, we value the 88 Energy portfolio at 47.8p per share or US$4.8bn."

[patio58] 05/11/2019 13:40

Wow! Someone just bought 12 grands worth

[patio58] 05/11/2019 13:18

Sorry meant 0.7645p

[patio58] 05/11/2019 13:17

0.7615 sells are actually buys

[y1phr1] 05/11/2019 13:15

I recently bought into this one and think it will do well long term.

[gowski] 05/11/2019 13:09

Up we go. Are people starting to realise the upside now ?Imo dyor

[rodrod1] 05/11/2019 12:56

Pro....many thanks. Can little punters like me get to see the full note anywhere?

[pro_s2009] 05/11/2019 11:14

New Cenkos note out today on 88E. Unrisked valuation of 47.8p a share.

Extract of the Cenkos note below:

Valuation - Drilling of the Charlie-1 well will be a defining moment for the Company, as it seeks to prove the conventional potential of the Project Ice wine acreage. We have updated our model for both the HRZ Shale and the Yukon Leases, whilst updating a full DCF model for the Icewine Conventional acreage. The result is an increase in our valuation and our price target to 4.8p and reiterate our BUY recommendation.

Whilst the early stage nature of 88 Energy’s portfolio makes our valuation speculative, the upside potential is huge, unrisked, we value the 88 Energy portfolio at 47.8p per share or US$4.8bn.

[pro_s2009] 05/11/2019 10:43

After the placing at 0.7p there will be a lot of churn as people take their 10% profit and runaway.

Once that churn is done and the overhang clear then it will move up to the next level. Interest will build in this in Jan and Feb 2020 - thats when the big rises will happen, unless there is other significant news in the meantime, like the court case etc...

[rosco46] 05/11/2019 10:38

Maybe we should rise up to 88

[patio58] 05/11/2019 09:32

Looking good, finally moving off these ridiculous low levels.

[pro_s2009] 05/11/2019 09:23

A breakthrough 0.8p would perhaps signify the overhang is finally cleared and things about to move upwards.

[rodrod1] 05/11/2019 09:15

The links in the header give plenty of information of what the Company is doing. The interview with Dave Wall and the Sept presentation will give a useful insight into what could be an exciting few months ahead.

[soultrading] 05/11/2019 08:49

Here we go the move up has started.

[soultrading] 04/11/2019 10:05

I bought in on a technical trade! Be interested in in hearing a summary of what the company is doing currently?

[oilretire] 04/11/2019 09:54

mpls, minor correction - PMO report on 14th Nov

[patio58] 04/11/2019 09:51

Silly price again, just topped up, not long now until early Spring

[pro_s2009] 04/11/2019 03:20

Some new free Plus1 coins on the links below.





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[mpls] 02/11/2019 15:22

PMO update on 12th Nov. They will have a narrative on Charlie.

[pro_s2009] 31/10/2019 21:42

Could be, for sure there is plenty of news flow ahead.