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Category88E

Screening Oil Companies Resources vs. their Enterprise Value

The average private investor can find it most confusing trying to assess a company’s share price when looking at its resource base. This isn’t helped by wild claims by some junior resource stocks (which I won’t name) on billion barrel discoveries. So I’ll briefly explain each of the internationally approved reserve classifications to assist understanding…

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88 Energy – Who were the Institutional Investors?

On 22nd April 2016, 88 Energy raised A$25m (£14m) through a placing of some 715 million shares. This was an increase to total the number of shares in issue by 22%. 88 Energy took delight in informing us of the ‘high calibre of the proposed investors’…