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Shedulike - Agree with your balanced post 100%
Maladoni - Welcome back Mal, with your past knowledge you have presumably weighed up both sides of the argument.
Thanks Kilgeever and Chesh. Let's hope PH has learnt some lessons over the years and he wouldn't throw around phrases like quantum leap without having good reasons for doing so. Like I said I remain hopeful but I don't share quite the same enthusiasm for PH's record as some.
Morning Peeps.......!
Shedulike, proj I drilling was covered in question 6 of the Inv.meets webinar
"Do you intend to resume drilling of horizontals in P1 anytime soon?"
https://imc-production-uploaded.s3.eu-west-2.amazonaws.com/audio/57591-do-you-intend.mp3
All the best (hopefully the audio link works.........! :()
now is the time...
Shedulike..... concur totally.
I remain positive and am naturally pleased with this rise, albeit from abysmal levels. However I think some of the plaudits for PH are slightly premature. I was a fan of the strategy of incrementally increasing production to create a platform for the more ambitious projects but I think the jury will remain out until something concrete is presented to the market. We have also had mixed messages on the actual status of P1, encouraging on one hand to hear 'cash positive' but then a comment about possibly needing another well to maintain that. If history has taught us nothing else it should be noted that maintenance, declines and shut ins have undermined output and each new well hasn't had the impact we had always hoped for. By PH's own admission PI has failed to grow the mcap but clearly this CCS opportunity is getting some attention, I just really hope that there is some substance behind it and it's not some moonshot roll of the dice in the face of the modest impact of PI and non appearance of the promised PII. All in all we need more than words and tantalising pics of PH with Chinese Execs, that's great but as soon as you do that the clock is ticking on getting flesh on the bones. If we don't get facts, figures and signatures soon then this latest rise might prove frothy again.
Yes stuck in a modest amount a week ago, let's hope my timing is better this time around. Its a good start.
Had a small go with this, looks like a share where it may all start happening soon.
MgR, I can't agree with you more. Having been here for 5 years I understand the word disappointment, I have taken the chance to average down and now in profit. It was a very close shave when the thugs tried to work their game on us , thanks to those that gave their advice/opinion we are still here. We are now looking like a very healthy investable company thanks to PH and his team. I will forgive him his mistakes once we hit £1 :o))
I'm sorry Bigoffer but you're nearly as deluded as Avi8r, if you think we'd have been here three years ago if it hadn't been for PH you need to take a look at the other options. Solo aka scirocco was decimated by those that wanted control here. That is what you voted for but luckily didn't get.
Look at the share price rise this week, this is purely down to PH and the Block team bringing a world class asset to the international oil and gas industry with a massive CCS that is worth billions on its own.
I have done exactly the same Bobby , weirdly got same BE as you too. Nice to be in profit at last , like you o am selling nothing
As I said recently boffer, you will soon be back with your positivity. I know as much as anyone that the last few years have been difficult for us shareholders. Positive steps forward for the company have largely been ignored, when you look back at the RNS's from the past 12-18 months they have all been positive and yet the SP has never had more than a small spike and then back. Sooner or later the future of the company can no longer be ignored. I have taken the opportunity to average down as much as I can around the 0.8 - 1.2p mark and increase my holding significantly. I have been studying the information that is available for all to see and after we acquired the Schlumberger assets I never doubted the huge potential of block. Now with the CCS and the way Georgia is positioned globally then the ducks have finally lined up. I like many others here won't be selling a bean until I am rewarded for my belief in the company. Onwards and upwards Bloe! We finally deserve it.
BB … if we had the Scottish lot who you wanted …. We would be in the Merde like Scirocco oil, PH has done a sterling job getting us here … and with no placings , now he’s just got to serve us up our quantum leap as promised
At last the market seems to be waking upto the potential of bloe. No thanks to PH and his stories and without him we would of been here 3 years ago. Lets hope he starts telling true stories from here on in and doesnt forget to tell us things as he has done several times in the past such as closed wells / low output wells / water instead of oil and the list goes on.
Lets hope chesh is correct and bloes time is now. How this is still 1.3 pence I will never know. It should be 5 to 10 pence right now on hope value alone but PH stories made the market cautious.
All good Kil , the main and important bit was right (still shocks me those figures) nice to see blue already
To borrow a phrase from Chesh…. The time is clearly now
I wouldn't worry Kilgeever, the issue is this board has attracted trolls for quite some time now and LSE have on the whole got rid of most as they were incredibly disruptive. Unfortunately we still have a couple of posters left that attempt to disrupt. Avi8r is one, just take a look at his bi-polar esk posting and his history.
I think her gets a bit tired being 'on guard' constantly and comes on here to correct us all the time.
Anyway the research on Block has been great recently and the share price rise is also very welcome.
Grower....my figures are not in any way a dig. I wouldn't have known. Just correcting another's arithmetic. Good day again hopefully. Cheers.
I can still live with that shortfall lol
Re Bezos wealth.
With an exchange rate of 0.8 the figure is about £162 billions.
About 100 billions out but I'm happy to be corrected and buy a new abacus.
Yes we only just side stepped those scum bags. We have to thank one or two people who no longer post on this board for raising this to our attention back then. PH and his team appear to have performed an excellent job here. Let’s see how it now plays out.
* god
Thank hod that lot didn’t get in with us, PH has done a sterling job getting us to this stage , looking forward to our quantum leap…. Maybe an update on progress with CCS or P3 and P4 … year end due soon also
Apologies for getting besos net worth wrong …. His bank balance isn’t exactly on my radar , however £8.5bn is still a shed load of money regardless of who you are , so if that’s your only criticism… I can live with that
Scirocco have put out a RNS this morning, for those that have torn PH apart for his management of Block this is what you would have been looking forward to under the Scottish contingent.
https://www.lse.co.uk/rns/SCIR/proposed-cancellation-of-listing-1rp52r6vofs3dbs.html
Morning Avi8r, great to see you're 'on guard' this morning.
'Meow'
jeff bezos net worth: $203.8 billion usd. convert to gbp: 63,956,081,000
at your valuation of £570/share means you hold (63,956,081,000/570 )287,642,247 shares or more, as you will be worth more than him.
not bad given 724,680,000 shares in circulation, means you own 40% of block by your calculation. maybe you want to check your figures before m.***lord.96 bursts with excrement…