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More interesting news here about CCS. It is definitely the icing on the cake for our project 3 and should be of huge interest to the companies in the data room. There must be some very juicy grants available from the EU for a project like ours. What price is the CCS worth on its own?? 30 mill, 40m , 50m? I wonder if news will drop this week and catch a lot out?
Well put MG, summed it up perfectly. Won’t take much for this to fly upwards , I think once we get JV announcement this will fly , some of the big investors may try to increase their share , but I don’t think there are many million shares that are liquid , most are held in very sticky hands .. why sell when you can hold to the quantum leap
Now is absolutely the time
It seems like you have taken over where the other idiot left off - trying nonstop to show shade on the company - a company you are NOT invested in - since you lost your shirt on FRR. Would your time not be better spent in trying to frighten some small children or old grannies.? Nobody here seems to be falling for your rhetoric - how can they, when you reveal your self as a bitter and twisted TROLL with every post you write.
Oh dear Bedex but go on I'll have a nibble and reply to the wider board, Bedex is a person that isn't invested here and lost his shirt on Frontera,DNL,TIDE and PHI yet has had a change of fortune and is now in his own words 'doing very well with a decent portfolio of investments thank you' Bedex has also moved on from Frontera but is still posting on that stock thanking those that are working relentlessly to bring it back. He hasn't posted on much else either but his share picks are TIDE,DNL and PHI if posters would like to know so it's worth looking at what Bedex has been punting and where those stocks are now before taking his advice on Block, thats more proof he's lost more than his shirt.
So Block.... fours projects and a CCS, one is the oil play which is providing the income, another project has the GOGC on it as a JV partner and another project IV has independently reported 2.77TCF of gas and this project is also now up for a farm out which is about three months into the process but may have started in December.
So lets look at PH, took but got slated for it shares instead of Salary during covid amounting to 40% of his salary, other directors did the same. If this was a rinse out job you'd take the cash not shares in a company your building. Folk will say these shares were free, they were in lieu of salary, also if this failed the shares create a material loss, it's in their interests to get the share price up.
PH got for a pittance Schlumberger's Rustaveli Company Limited which contained production data from over 150 odd wells, 3D-seismics and well logs. This increased Blocks acreage 30 fold.
Then there's the Carbon capture Storage facility that can take an estimated 8.7 gigatonnes of carbon, thats the equivalent to offsetting emissions from Turkey for 20 years. Tell me another junior oiler that has thought of something like thats let alone has one.
Block has 724million shares in issue, look at other oilers, they run to the billions hence why they struggle to get value for shareholders, then look at Bedews beloved FRR, 18 BILLION shares in issue with a raise whilst suspended.
So there we have potted history of Bedex but most importantly Block its done from research not bitterness from losing on FRR,Tide,PHI or DNL a,nd making false statements about PH and the company, and lastly if you still want convincing look at Bedexs posting history rafts of posts on Block and Frontera but nothing on the portfolio transforming stock that he's 'doing very well on'.
So in conclusion research is key here, Block have been operating in Georgia since 2017, other oilers have gone through the same process and timeframe and had a similar ride before they transformed themselves.
Now is the time.
MgBRG48 today saw 3 trades, neutral in opinion so despite all your ramping and aggressive nature towards posters not following your script it's gone nowhere again.
Don't reference me as crying in my chips. I have moved on from frr as you will have to soon from this.
Turning on anyone in disagreement with you indicates a high degree of insecurity regarding your own position.
Finally, like it or lump it, I am doing very well with a decent portfolio of investments thank you.
Stick to what you think regarding the prospects of BLOE. Much better reading for your fellow posters I suspect.
...good on you Grower ...and good luck and I hope we see this at10/15/20/30p a share when the take over happens ...
Bb ... if you think one man on his own can keep this share down ...your a bigger idiot than I thought ... get a grip man and relax... otherwise move onto another share than you feel is better ....
I have bought 3 million in last month alone
Waiting on a signiture.........!
https://www.blockenergy.co.uk/wp-content/uploads/2024/03/block_energy_factsheet_mar_2024.pdf
and that's "2.77 TCF US$1.65bn".........! :()
All the best (Mcap ~£7m.............! :()
No-one is buying shares in block energy. not even you. that is all.
Let it be written……… Let it be done……
Think you are on your own with the that view bb … once jv partner is announced , this will fly..: I think an awful lot of people are sat on fence waiting to see what happens , which might actually burn them … if we get a substantial offer to buy , I think they will suspend the share till voting has happened… so then those out at that point will miss out on said quantum leap
Youre spouting utter rubbish and its so bad that even Sarah put you to shame, you're either overextended here or aren't an investor.
Your comments are incorrect and utterly shameful imo.
The time is now...
Your sounding more and more like Sarah of bygone era bigboffer.........!
focus not on the past, but the future.........! :()
All the best (it's written, in black 'n white, in the recent RNS's.........! :)
I understand you are big supporter of PH chesh and you think the company is great. Sadly, no-one else does though and thats why we have 1 trade so far today and no build up. Thats what PH isnt doing. Thats why we are at 1 pence and not moving. SP at near all time lows and supporting PH just bewilders me that investors are so stupid. If he were gone, SP would soar.
Yep.........!
I'm not going to disagree grower69...........! :)
All the best (forward thinking, rather than historical hindsight..........! :()
now is the time...
I think double digits is inevitable… it’s just how high I to then we go . I will never understand those who have a higher BE point and given the potential outlook here , continually bash the company .. it goes against everything thing they need to get their investment back. You would think they would be happy clapping like the rest of us, just makes me put them in same boat as that idiot sarah with an ulterior motive
We're in the same ballpark re: average grower69........! :()
I can see some BE's creating resistance @ ~4p regardless of news........! each to there own....
however, double digit pence targets are on my look out from here...........! :)
All the best (make for a nice gift to PH from bigboffer dat eh........! :()
now is the time...
My losses were at the 10p mark …. But averaged that down now to 1.05p now so for me personally I am looking to fly massively with this (literally)
You don't often get an opportunity like this grower69.......! :)
historical holders that have high averages are naturally going to be bitter.........!
but those that have, a) bought in recently or, b) averaged down, will see monumental bags from here on.........! :()
All the best (BE for bigboffer is inevitable, does bigboffer hold on and profit..........? :)
now is the time...
Agreed Chesh, PH might not be putting out RNS every week announcing spuds or results, but hes done an awful lot of background stuff to get us to here, There is no doubt there will be a humongous rise here very soon , those not in now are going to kick themselves forever. If you have no faith BB... sell out now, take your losses, or sit it out and reap the rewards. I am very confident PH will pull this off monumentally
Mg ...I'm with you on that ....let's wait for news and that multi bagger .....GLA.....
Oh come on ROCKLAWN.......! :()
there's only bigboffer who's is ridiculing PH for his steward ship of this company.......!
the others, meself included, appreciate what PH has acheived, and lookforward to benefiting from that........!
All the best (have a re-read of the posts bud........! :)
now is the time...
I think most of us are positive on this, the company is in a transformational position.
Theres some serious multi bagger opportunities here for those in at these prices, plus the timeframe from IPO is about right for when a company transforms itself.