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Who says they’re not millionaires ?
only another 330% to get back to the 12 mill raise price !
Me too. If they believed in him that much then why aren't they multi millionaires.
In PH’s last interview on Proactive Investor , he said they would be updating the market on 16a Pretty Soon ‘ in his words .
AJ do you know the timelines of Block being incorporated, tender date for Block in West Rustavi, award of tender and commencement on 16?
That’s exactly right Maladoni, Warren Buffet said ‘Buy when everyone else is selling and hold when everyone else is buying’
That’s is not just a catchy slogan , it’s the very essence of successful investment.
Please I'm not in Eddie Stobart.
Surely if you've got any nuts its the best time to buy.
Having said that current market conditions are not the best when many short term investors are running for cover.
The depressed SP is similar to an oil exploration company that has just announced three Duster Wells , this not being the case the current SP is way undervalued, held back by sentiment tied to the lack of progress and concrete news. The next RNS is becoming frustratingly elusive.
Thordon, seems like they will be tendering for the on shore.
https://www.iene.eu/articlefiles/giorgi%20tatishvili.pdf
Agreed , its a very undervalued company
~~~~ Q2 !
GLA .
it`s about a year ago since the infamous PH statements , but over the last couple of weeks or so , the sp has shown definite signs of life after death . So much has been going on and much has been achieved since the market pronounced the patient dead . We must be getting very close now to some substantial news that will revive BLOE , five weeks to
So Rocklawn the answer is you do not know , personally Im not bleeding but understand that some share holders have suffered, as for Block they have no debt just warrants and thats a plus if placed . Im looking at a point of the future and that means if Im in for long term or medium so asked the question.
Very simple
"does anyone know if Block are targeting any more licencing areas that are up for tender"
As for the medium term yes this company is undervalued and like all that wait take patience.
Been following this share for over 1 year waiting as other shares that the sheep sell due to no fast buck news , simple applied maths tells that most sellers have no patience.
And to say where you are from , simple born on Earth lol
GOD ... lets get on with what we have ... where are you from ... how long are you following this share ... were all bleeding to death ..or the other debt ... so hold your horses until the next race...................................................................
does anyone know if Block are targeting any more licencing areas that are up for tender
Shouldn't be an issue providing they inject corrosion inhibitor
AJW Thanks for your view and I think I will bail out in 9 years just to be safe :-))
see these shut offf period = word correction :-)
AJW even though long term testing may be happening and hopefully leading to a reduction in the water cut say for eg to 50% then could there still be some long term problems even at this rate such as corrosion ? My point being is could we these shut off periods as an ongoing concern affecting the gas production if not the oil and creating more volatility in the price ?
Sequentially it looked like 16 would be reported initially. My gut says as we haven't heard its not great so maybe they want to release this alongside some good news? Could be wrong but like most I expected to of heard by now, could be its still being fixed and improving all the time. However if you take the long term view its not going to have a massive impact on the share price if its bad, indifferent or a nice surprise as its their first drill in the mare of opportunity.
BYOF.
I’d like to know PH’s definition of soon and very soon and the time lapse between . In last weeks interview he said they would be informing the market very soon on one thing and soon on another , without testing my memory or listening to the interview again as to wether it was oil flow updates or gas etc.
Nikkie down this morning so more of the same.
A drop of 3.5% today in the greater scheme of whats happened to the stock market today is conservative , been adding to this company and hopefully much more,
Think theirs been a good few points raised today and the main question of why the shares have not good to orbit.
Connecting the gas will the main point , the oil is second an add on bonus.