88 Energy Share Discussion Threads

[pro_s2009] 22/11/2019 20:30

For those who want to follow 88E on the ASX, the HotCopper forum is a good place.



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[rodrod1] 22/11/2019 20:02

and success with the drill, will lead to further deals and progress across the acreage.

On top of the above 19p, say 15p for conservative view, we will have the results from HRZ. Those further results could lead to the unlocking of the shale resource and provide enormous icing on to the initial conventional success.

[pro_s2009] 22/11/2019 19:10

480 million times 3.5 dollars

1,680,000,000 USD or 1,308,000,000 GBP

1,308,000,000 divided by 6,871,540,324 is 19 pence a share.


And yes... Recent transactions in the area paying 3.5USD a barrel for in the ground contingent.

[smoothtrader] 22/11/2019 18:52

The figures are mind blogging here. Please correct me if I'm wrong. ?The drill (already proven when BP drilled back In 1991) contained 1.6b (480mmbbls net to 88e).4.8m x $3.50 per barrell in the ground.In pound thats : £13.3m£13.3m x 6,871,540,324 shares in circulation.13,333,333 ÷ 6,871,540,324 that's 19.4p in today price per share upon a successful find. ?So upside of 17 times of your investment.

[smoothtrader] 22/11/2019 18:44

Can't be reached dude.

[lgraham86] 22/11/2019 18:09

Well my 0.95 buy order wasnt hit lol ffs

[pro_s2009] 22/11/2019 18:06

For any newbies.... Read this...



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[pro_s2009] 22/11/2019 18:04

Solid days buying and kicking out the weak... Churn and consolidation... Higher high.

[gowski] 22/11/2019 15:33

We should see some positive press coverage over the weekend which should kick off next week quite nicely imo dyor

[7rademark] 22/11/2019 14:51

3.3m buy. Strong close coming

[7rademark] 22/11/2019 14:07

Volume over the last 4 days has been very high, a good indication of a rerate

[bmwman3] 22/11/2019 12:30

Anybody selling now will regret it imho even those with high averages and long term holders!

[rodrod1] 22/11/2019 12:27

It's great to see stale holders able to exit

[bmwman3] 22/11/2019 12:26

Shaking out some weak holders!

[rodrod1] 22/11/2019 12:23

Good to see such volume

[gowski] 22/11/2019 12:04

Here comes the cavalry.

[cool hand kev] 22/11/2019 11:56

I'm currently waiting for the asset sell at EUA but I might come back later.
(subtle ramp not that it needs one)

[2prsimo] 22/11/2019 11:48

fomo in action here

[y1phr1] 22/11/2019 11:48

Couldn't resist another top up

[rodrod1] 22/11/2019 11:26

With 7 targets plus HRZ info to come, all depends on results. 5p is my conservative expectation assuming medium success with results.

[cool hand kev] 22/11/2019 11:12

So what's the share price target ?
I'm just a window shopper at present.

[gowski] 22/11/2019 10:31

1.05 being paid. This is gaining some serious momentum now.The various articles out there are making investors realise how serious this drill is.Imo dyor

[pro_s2009] 22/11/2019 10:24

Going well again.... Might be 2p by Christmas at this rate.... Might not have to wait to Feb.

[xow98] 22/11/2019 09:57

Nice to see some coverage on Bloomberg, even if sponsored