88 Energy Share Discussion Threads

[babajanas] 06/2/2023 13:04

Don't u think that 6 miles away someone has already njoing fruits?

[bspgamer] 06/2/2023 12:55

I have 1 account you numpty

[bspgamer] 06/2/2023 12:54

Another EUA, 21 billion shares LOL. Remember they spud but into dry rock. Rinse and repeat

[neversatisfied] 06/2/2023 12:44

O.8 Don't miss the train. A long way to go from here.

[neversatisfied] 06/2/2023 11:39

0.75 to buy

[babajanas] 06/2/2023 10:52

This going only one way till we have spud finished. See u at 1.5p

[neo26] 06/2/2023 09:51

Multiple aliases..

[bspgamer] 06/2/2023 09:49

21 billion shares in issue PMsL

[neo26] 06/2/2023 09:31

0.5p... lol goodluck

[daar] 06/2/2023 09:11

0.69 to buy already:)

[neversatisfied] 06/2/2023 09:01

No chance at this stage. Up up & away now

[daar] 06/2/2023 08:53

Waiting for 0.60s or even 0.50s before entering into this crowded trade!!

[neo26] 05/2/2023 23:34

htTps://twitter.com/Unlucky_Dude2/status/1622377693831364608?t=FJxjrTNX6a__DAG2D8eX9g&s=19Placing complete, oversubscribed...

[neo26] 05/2/2023 23:33

htTps://twitter.com/TomInvestorUK/status/1622374412623249410?t=twFI2ReWob2NDQbtE_x6-A&s=19

[saint in exile] 05/2/2023 18:27

Share price will at least treble from here.It always does.Its knowing when to get off at the right time thats the trick unless ofcourse we really do hit it this time.To be fair its the best chance we have had

[neo26] 05/2/2023 15:22

Pro, this Hickory 1 well looks interesting, 6 miles near the expected appraisal well talitha b panr will drill.Looks really promising, 88e might be onto something ...The coming weeks will be exciting for 88e.

[pro_s2009] 05/2/2023 13:06

Comment from OilManJim on 88E and PANR



...................

Catching up on recent news, 88 Energy (88E) announced its placing. Up to £8.1 million at a price per share of 0.55p to fund the drilling of Hickory-1 in early March. The well is said to have been significantly de-risked by recent Pantheon Resources (PANR) drilling and flow tests, interpretation of the Icewine-1 well logs and modern Franklin Bluffs 3D seismic data and associated AVO analysis.

PANR also issued news, aiming to make a case that its operations potentially are commercial. It is critical now for the company to get its share price up, otherwise it faces having to repay convertible bond holders in cash (which it does not have), or accepting an effective death spiral in its share price, the strength of which will also determine whether or not it will be able to raise further meaningful finance.

88E has been covered three times in the Private Blog as a company of interest: first, at around the 0.7p placing level to finance the Charlie-1 well (the share price subsequently reached a high of 1.48p prior to the spud); second, at around the 0.33p placing level to finance the Merlin-1 well (the share price subsequently reached a high of 4.7p prior to the well result); third, at around the 1.49p placing level to finance the Merlin-2 well (the share price subsequently reached a high of 2.817p prior to the spud).

I have no great faith in the actual viability of any of 88E’s projects; it’s just one that’s invariably been good for a pre-spud share price run. This time, though, it’s left little time between funding and spudding............

[neo26] 04/2/2023 15:30

The dalton highway, they can truck the oil to the refinery.If this well proves up the massive resource we are in the money.

[saint in exile] 04/2/2023 08:35

Theres always a spike though regardless if they do or not.At least its next to infrastructure and not in the middle of nowhere

[viku111] 03/2/2023 23:26

Same feelin every year....

[saint in exile] 03/2/2023 13:23

They may even find oil this time!

[zxie] 03/2/2023 10:47

Looking good today

[scammingscams] 13/1/2023 10:25

HAVE YOU SEEN VIC SHARES VICTORIA PLUMBINGEVEN THEY WENT FROM 33p - 113p in 2 months Check them out could easy hit 200p soon Well worth a look Who don't like a expensive classy bathroom for £5000 that's not bad is it