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Re: ice trader post# 27437

Friday, 07/09/2021 10:30:55 AM

Friday, July 09, 2021 10:30:55 AM

Post# of 43266
Ummmm, 88 Energy is an oil exploration company with a portfolio of 3.4 billion BOE*. Just their Peregrin Project alone encompasses 195,373 acres with an estimated 1.6 billion BOE*. This isn't just some little mom & pops business, $EEENF is playing with the big boys, ConocoPhillips is their neighbor... Did I mention $EEENF also is debt free with $14m cash on hand???

BOE* definition for you: https://www.investopedia.com/terms/b/barrelofoilequivalent.asp

Some DD you might need to catch up on: https://clients3.weblink.com.au/pdf/88E/02376906.pdf