Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
re.Can't see who wrote the article but Justin Reynolds who some of you will remember was the Communications Officer for Block Energy often writes articles for Total Market Solutions - small world!!
are you being mischievous now?....long handled spoon at the ready eh ;)
Owning these shares is torturous, every good news story results in downward momentum on the share price.
I liken it to being on the Titanic and having someone tell you how great America is going to be while the North Atlantic rises past your ankles.
Good luck to all holders.
Can't see who wrote the article but Justin Reynolds who some of you will remember was the Communications Officer for Block Energy often writes articles for Total Market Solutions - small world!!
I think that each positive PR helps restore the bad vibe associated with the historical things that resulting in a loss for most shareholder.
It’s a case of “well maybe they are looking like a company that will give me a return but will wait a bit longer” thinking
Each new news will, if positive, start moving the balance towards buying. At some point I hope that will start a momentum of buying which in turn will see people looking at block again.
Just to play devils advocate is it that good really? How many write ups do Block have in that channel and where’s the share price gone after each report?
Anyhoo, I’m just a grumpy old git. Here’s to a couple of 600 wells and the gushing write ups in all channels that will follow.
Good PR but sadly still no-one buying it. In fact, its actually reduced the SP. Onwards and upwards.
Now that’s the kind of PR that I’ve been talking about . A great write up!
The stars aligned for Block?
For the most part Block’s fortunes are in its own hands. The oil price seems set to hold at a decent level for the rest of the year, and the company has a well defined target market. Its challenge is to prove the long-term potential of its now considerable Georgian assets. With a healthy balance sheet, and a significantly larger technical and operations team at its disposal, Block has every opportunity to show that Georgia does indeed have energy potential waiting to be unlocked through state-of-the-art technology. If 2021 proves to be the year Block proves itself as a viable long term producer its current share price, which has hovered between 2.5p and 3p for some time now, could begin to look very cheap.
That is actually a very good point
As they spend more and drill more wells the overhead and management costs per bbl will drop so 10 wells at 100 bopd might work ok. They’ll need to farm out to achieve this though.
brilliant article
this is a ridiculous valuation £16m
4p,5p6p ....
Don't need those extra bbls if the oil price keeps increasing......
The 17m Mcap is seriously undervalued for the potential here... makes me shake my head in disbelief every time
I'm sure building my position again
“…With a healthy balance sheet, and a significantly larger technical and operations team at its disposal, Block has every opportunity to show that Georgia does indeed have energy potential waiting to be unlocked through state-of-the-art technology…”
https://total-market-solutions.com/2021/04/block-energy-plc/