88E 0.00% 0.5¢ 88 energy limited

Phrontist, Hope you are well. Using your post, which is a...

  1. 3,855 Posts.
    lightbulb Created with Sketch. 818
    Phrontist,

    Hope you are well.

    Using your post, which is a reasonable plan of operations, to extrapolate out further.......

    Any 3D seismic acquisition would then need to occur over the Northern Hemisphere winter and when Tundra access is permitted by vehicles. So potentially January 2021 onwards.

    This seismic suite would require processing and any targets identified.

    The bundled up package of target(s) then presented in a data room for any potential Farm-out.

    So based on the above assumptions, the earliest that any activities may occur on the XCD leases will be Feb/March 2022 - 20 months away.

    What a sweet deal

    In the mean time, life rolls on, opportunities abound elsewhere.

    Stay tuned for EOFY selling.

    Just my thoughts


    Happy hump day all

    Cheers
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $43.81M
Open High Low Value Volume
0.6¢ 0.6¢ 0.5¢ $130.6K 23.66M

Buyers (Bids)

No. Vol. Price($)
110 64084326 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 83484191 123
View Market Depth
Last trade - 16.10pm 07/08/2020 (20 minute delay) ?
(live)
Last
0.6¢
  Change
0.000 ( 10.0 %)
Open High Low Volume
0.6¢ 0.6¢ 0.5¢ 7283375
Last updated 13.13pm 07/08/2020 (live) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.