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Ouch.
Chesh nope my memory is tip top, I can remember which coloured bins are up for collection each week from memory. So the street looks to my prompt every week.
As for your back handed jibe, no you have not provided a date much like the company hasn't. What you have done is made up your own timeframe based on vague information. Do I actually need to explain the difference between a timeframe and a date, it's real simple a date in reality, as in the flow of time here on earth, in this universe is a point in time whereas a timeframe is a range. You with me?
I've got it now you must be one of PH's illiterate serfs, he is your liege lord and the only way you are able to communicate in writing is utilising Sesame Street learn and speak. See obnoxiousness isn't a great look is it. As if someone who can't write in English is trying to take the moral and intellectual superiority high ground here... hilarious.
Morning bash hahaha. Careful now….
bodyrash: As ever, nothing to say except for your usual mindless rant - total moron.
You should sell your remaining share then dav and finally do one. Eh? Lol. Time for your morning bash is it??
allyg12: A well written and balanced post. Having read it a couple of times what you seem to be concluding is that BLOE will come good despite PH, not because of him? Furthermore, you hit on the critical current issue - finance (non-dilutive allegedly). I find myself asking who, in the current rapidly deteriorating financial environment, would finance BLOE/PH at anything other that a toxic penalty rate - given his abysmal reputation (which you clearly acknowledge)?
As you correctly say, the MCAP/SP does not lie - the rest is just hype, hope and BS.
GL
I wasn't surprised that more than 10% of investors wanted to register their disapproval with PH. I don't know how other people measure talent in a listed company but the lack of trust with his performance is clearly evidenced in the market cap. It doesn't lie to me. However, whilst the Schlum deal may have landed in his lap (I believe it did) it will be the making of this company, imho. So I give him that credit, happenstance or otherwise.
Circumstances prevail and I considered the alternative scenario and an undoubted payoff, golden handshake for a new incumbent and an equally generous salary didn't float my boat at this inflection point in the voyage of the good ship Block Energy.
So those who demand his removal have failed and I believe they need to move on, short term. A critical eye is absolutely essential so the shareholders need to hold his feet to the fire if we get more flannel. I suspect he understands that clearly.
The next three months will be pivotal and I am genuinely excited with the prospects. If you don't believe PH then at least believe the independent CPR on a very narrow analysis of our acreage. Field Gross 2P Reserves: 1.07 MMbbls. NPV10 2P Reserves: $17.95 MM.
O&G prices will remain high. The geology supports our drills and if financing isn't at toxic bridging finance rates, the long awaited re-rating is within our grasp. A market cap of circa £9m is frankly ludicrous. A multi bagger in the making for those invested at these levels.
BB are you saying you’ve never seen buys outweigh sells and still the share price drop? I have many times in my 30 years of trading. It’s call manipulation. You might want to think about a new pastime. All looking good here, I’ll stick.
That could be fat fingers for the 5mil but it could be a hoverer which tells me that someone really does want too invest 75k..let's wait and see..
oh look, its gone.
If someone had just purchased over 5 million shares we wouldnt be red on the day would we.
Wise up chaps.
In reality, what shareholders should be doing is writing to PH and just ask him if he is able to tell shareholders what he actually doing as opposed to letting them guess. That would be much easier.
That'll do Chesh, that'll do :-) must be news soon!
Hey Scrodingerscat......!
you do have a poor memory don't ya........!
not only did ya forget that there is a date, but you've also forgotten that we've discussed this previously......! scroll back to the 27th July for that.........!
All the best (lol to the "smartarse".......! I'll take dat.......! ;()
in the mean time, monster 5.225m share trade @1.45p......!
They certainly did ,so get over it or you know what to do.
People had the chance to vote out PH but chose not too and must now live with the consequences, as do I because I wanted him out and didnt get my way. despite my voting. On that basis I have little option but to accept we are stuck with him. As for those of you who voted for him, best of luck as you are sure going to need it. To say he is a story teller is taking it lightly. Judge him on what he has achieved, not what you wanted him to achieve and what you will see is very little. Lets just hope a mircale arrives and saves this massive shi* show. Does anyone really know what the delay is or if we will ever make enough money to raise the sp because I dont, much as I want it to.
Thanks for info staypositive!
Interesting with H&L you can sell 3.1m shares value 40k in one hit. GL all LTHs.
Perhaps that is why they have had a "Chief Legal Officer" on the books for the last few months??
i.e. Chris Boffey - ref Issue of Share Options RNS's
We can always count on Geo for a bit of entertainment!
Or more permutations, drilling started weeks ago July, June.
Writing style in announcements appears to be written or vetted by lawyers IMO. Purposely vague. This change in communication style happened around the time of the GP jersey attempted coup and hasn't returned to a normal healthy and respectful communication style towards shareholders.
I assume BLOE has direct communications towards II's with more detail, the RNS's we receive are currently not fit for purpose IMO.
Given the morse code style posts I think Chesh must bore himself to sleep whilst tapping and fall on his keypad - it’s not complicated, the company has no money hence can’t do anything - so until it can find a backer there’s nothing happening here. If it can’t find a backer the cash will dwindle to zero even if they continue to take half the salaries in shares. Probably won’t get past Christmas without new funds.
For someone who writes posts like they are from another planet, I find that mildly amusing.
Go on then explain how that's a start date. Like if
I book a holiday and the travel agent asks me when I want to go and I say by September and then they ask me for the date and I just reply by September, what day do I go to the airport? This doesn't mean anything, purposefully written in it's vagueness I suspect to buy time, it could mean a number of different things:
A. Completed by the start of September
B. Complete by the end of September
C. Started in August and completed before the start of September.
D. Started in August and completed by the end of September.
E. Drilling started in August but no completion timeframe.
F. Drilling started in September but no completion timeframe.
Which is it then smartarse?
It's like flipping a coin and calling both heads and tails and so you can claim you predicted the correct outcome. Copy and paste all you like but clearly you have rejected critical thinking here, because you have swallowed the RNS and not asked "why" there isn't an actual start date reported.
Evening peeps........ :) excellent news on the RNS feed today eh....... :)
Scrodingerscat..... (spelled rong, should've an "h"......! :)
......"and no date for the next drill" in ya post..........!
From the RNS "with the drilling of well JSR-01DEEP by September."...........
All the best (is this not a date..........? :()
12.5% of votes casted against PH. 25M shares, with all the noise on here was expecting more "weight".
At the end of the day where would you find another CEO with almost a native tongue and the connections PH has willing to take on this task being paid 50% in paper.
If PH was ousted the SP would tank, another CEO would be hired and being paid in cash. a shallow victory.
Lets hope the 12.5% was enough for PH to consider pulling his finger out. If no news before the end of September it is going to be a long winter without news IMO.
Gary good luck with your investments