Member Info for ADT1

Wont be 8m market cap for long :)

Remember that Bago is paying for the installation and we have a fixed price for the gas.

We have plenty of gas and for a long time on tap.

“Gas sales are expected to begin in Q2 2020 in accordance with a gas sales agreement with Bago LLC ("Bago"), as announced on 30 October 2019. Under the terms of the agreement, which runs until 31 December 2022, Bago will purchase West Rustavi gas at a fixed price of US$5.24 per MCF ($185/1,000m3)”

Well 51 news could drop any day now

We have the cash and news

NT to Buy

There is Something brewing in the background in my opinion, 2 x 1m buys the other day.

We know a few items of news are due

Last interview few weeks ago, said currently flat out opening trenches and laying pipes.

Expect a gas pipeline update soon and online sales cash flow Q2

Plenty of gas there for years and wont have to handle it, it is a winner

I can see the 11p placing price this year imo

It was well worth watching this interview, the experience in oil and gas production, geo science is a huge asset to Block Energy, plenty of knowhow to monetise Georgia.

Very Impressive

https://www.proactiveinvestors.co.uk/companies/news/218168/block-energy-keen-to-flesh-out-potential-at-west-rustavi-218168.html

a tucked away interview, worth a watch for sure, not seen it before.

Stable production from West Rustavi legacy and sidetrack wells
More horizontal sidetracks scheduled for West Rustavi
Exploration at Satskhenisi to confirm new prospective resources
Company moves cashflow positive as production ramps up

https://www.proactiveinvestors.co.uk/companies/news/218168/block-energy-keen-to-flesh-out-potential-at-west-rustavi-218168.html

interview with non-exec director Chris Brown, ex Shell, well worth a watch, 15 minutes long.

https://www.proactiveinvestors.co.uk/companies/news/218168/block-energy-keen-to-flesh-out-potential-at-west-rustavi-218168.html

I would not be surprised to see a TR-1 RNS to be honest.

I would not be surprised to see a TR-1 to be honest.

O just price monitoring.

Well 51 and gas connection news next please!

Well WR-51Z Update should be quite close now, hopefully a nice surprise.

well worth a listen in lads

https://m.youtube.com/watch?v=7-h-vcUU-78#

With the target for WR-51Z being 300 boepd which, if achieved, would generate US$3m add that to W16 and W38 and its decent revenue at this low market cap.

Get get offered £100 buy quote even.

Got a feeling the company is about to come out of the traps.

The technical RSI indicator is well oversold