Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
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It's close Tsbs...... They will want to make 100% sure the numbers given for 38 are bang on and sustainable before releasing them .....the current SP has nothing factored in IMHO so this will soar if the numbers are decent like 500+bpd. Mega buy at this price... my view.
Im happy for PH to stay while I wait for my target price to fall into place, but once I'm loaded will be looking for him to step aside.
People continue to put blind faith in PH, let him take the pish and he will.
And he never told us this on the glossy Videos.. about the mechanical failure.
'The flow test results have varied over time due to lost drilling fluid and a mechanical failure when drilling the well. In the course of drilling WR-16aZ we have strengthened our understanding of the drilling techniques applicable to Georgia which will be invaluable as we begin drilling well WR-38Z, '
As long as I break even I don't care Bill I'm gone . I went with hype and the more I look back at the Vids and then read the news the more contempt I have for the CEO. if it goes through the roof so be it but don't care just want to wash my hands of this company total waste of 7 months.
Billy- yes people do seem to have short or selective memories, and the now the focus is on W38 where we hope he delivers. Reality is no one on here wants to admit PH has taken Pis for a mug, but then again most of those people are not sitting on high averages like us.
He was sat in front of the camera that day knowing full well he was deceiving people, but happily carried on. Oh well let’s hope Katma gets him. Any guesstimates on when W38 figures will be released?
Cautious it was not an attempt to deramp, but just looking at things from a different angle. There’s no point coming in here and saying we will have a flow rate of x bopd or sp will be here, like the rest.
I was just stating the fact that the BOD have made no attempt to purchase any shares at any level ( that require public disclosure), in order to regain market confidence anything.
I’ve always had a balanced view on any share not just BLOE, but that’s the purpose of these boards to learn off others as well as pass on your knowledge which allows a more rigorous risk assessment. Yes I am a holder here otherwise I wouldn’t be so eager to get my money back, but I don’t think I need to prove be that to anyone on here so you make any conclusion you like, since this seems to be a regular theme on this BB.
As you’ve said posting on here makes no difference on here, so it’s a merely a discussion board. What matters are the numbers from W38 which we are all waiting for and anything else is pure speculation.
Bill , Just watched the July 2nd Proactive investor video again and then read the following RNS 3 weeks later . Dear oh dear . Gone from 1400 BOPD .. the best oil discovery in Georgia's history.
Then you read this carp in the RNS 3 weeks later a small part of the RNS
' Production resumed on 11 July and since testing began the Well has produced at an average rate of approximately 360 boepd (295 bopd plus 390 Mcf/d) on varying choke sizes, with an average water cut of 25%, considered to be mainly returned drilling fluid.' ' People have short memories .. And later on in the year it gets worse. Hope he has nightmares over his ramping videos . Bill
Bill a bit disconcerting that your first post this morning was about directors share holdings which was out the blue and an attempt to deramp. Now the majority of your posts do bring a balance of view here and you always say your invested but I’m not so sure now, not that anything you say or anybody else on here will effect the share price. The issue doesn’t seem to concern the large companies or individuals who have invested here recently
Imo- but that takes away the transparency of the game, since it gives them the edge with insider knowledge, allowing them to sell before a bad RNS is released and nobody would be any wiser.
Yes they will always buy on the side or through family, but they should make some purchase as directors with full disclosure? How else can they gain investor confidence, if they don’t have confidence in themselves?
If they believe they in the company and themselves then they should see it as an investment just like everybody else, and not need to sell a substantial amount at the same time as each other.
Other CEOs and BODs invest their own money with full disclosure, so why should these guys be any different?
Problem is that they can never be seen to sell them. Bit of a market issue. But they have stated that they have exposure to shares via another vehicle and that I assume avoids them having to declare buys and sells.
Bigboffer- if they had confidence they would have bought some on the open market, just like normal execs do. The fact neither of them have put a single penny in is shocking. Dint give me the crap about being locked down, as they have had plenty of opportunity since April but they chose not to.
Great 36 percent if you didn't get sucked in for 4 months previous with the CEO's bulsh...te..
Still - SP has risen by about 36% in the last month. Although it was up as high as 7.9p at the end of October.
maybe they have lots of shares but just havent told you ? I wouldnt thats for sure.
The BOD have already stated that there brokers already advised them that buying and loading up on shares right now would look very bad and hence they didnt bother. I am sure they will have purchased through other routes though., BAGO seem to think it will end well as did the city as did SOLO directors as did the gerogian government etc. I think its going to do very well, thats why I invested here and cant wait to see how it pans out. If I thought it was going to end in disaster I would just sell up right now. The BOD are in a closed period awaiting results on the drill and good news could reignite this share.
BBoffer- it’s true though they have t bought any shares, so are they confident in their own plan?
Here we go.
Bills here with todays cheer.
Closed periiod...Directors cannot buy.....lol
It would be nice to have some director skin in the game. So far none have bought into their own idea
Just the CEO has learn't to keep his trap shut until the true figures have been achieved.
Big investment by bago in the gas infrastructure says a lot also
There must be a plenty to test :)