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In other news, oil is flying now at 62.5 brent
Any of the resident experts know how long it takes to tie in to the main gas pipeline owned by GOGC?
Will we hear by next week?
You’re forgetting oil, Hepseal
Haha it’s true. I’m one of the numpties that got out of ggp at 10p. If I held a few months more I would have paid off the mortgages on all my properties and have enough to buy an extra one. Oh wells, u win u lose some.
I’m pretty sure the 3D will be informing the company’s development plans.
But the company is currently focusing on the monetisation of the oil and (more importantly) gas. I personally would much rather the company have a regular monthly income stream than embarking on the more ambition analysis from the 3D.
Yesterday’s update was perfectly fine IMO. This is a common problem that companies have with their shareholders. If they don’t put out an RNS explaining any delay, people complain. If they do put out an RNS, people complain if it isn’t exactly what they want to read. They can’t win.
Oil sales will resume shortly, gas sales start in a few weeks. No issues with the pipeline and equipment mentioned (which is always a huge positive). I’m perfectly happy with the RNS. Waited many many months, what’s another 4 weeks? I’ll be adding to my holding in two to three weeks time in anticipation of the gas sales RNS.
I think you missed the point of Thordon’s post, Avi8r.
Looks like Thordon was implying a takeover and therefore becoming an US entity? Do correct me if I’m wrong, but I think you took the post a bit too literally Avi. I think we all know Block is registered in the UK.
And this is why boys and girls you should always ignore the derampers, where is geowiz now?
I reckon share price will hit double digits under two conditions:
(1) successful completion of the Bago pipeline and the start of gas and oil production and sales; and
(2) announcement of Schlumberger deal complete and a successful shadow process.
Of course it can go even higher on announcement of a detailed operations plan for 2021 and positive findings from the 3D seismic.
Just my opinion, take it as you will, but I am extremely positive this will shoot up in the next few weeks.
Is it finally happening? Rbs Monday stating Schlumberger deal complete?
Pretty good rbs today. Nice to have a decent update.
Despite all the COVID restrictions we have made good headway into the monetisation of the gas which is due to be complete Q4.
Re the BAGO work, it clearly says in the RNS that the completion of the permitting process is in the final stages. In any case, has will be ready to be sold within three months.
Roll on Q4! Wish they said more about the Schlumberger areas but we should be hearing about that soon too!
Another small top up from me for 44k shares at 2.25p. Exciting times ahead
Just to clarify, geo and taxi have not asked any sensible or pertinent questions.
All they have done is back a rumour which has no evidence to suggest it is true. Either provide evidence or wait till the company can confirm/deny the rumour. That is the sensible approach.
You need to hustle harder, no ones listening to the tripe you and geo come up with.
Geo, you really should educate yourself about Schlumberger before you embarrass yourself. It’s very well documented that they are currently focusing on their core geographies. Georgia is a country they are keen to explore and feels has good potential, but until resource prices stop fluctuating due to covid and other political uncertainties, they have entrusted BLOE to this fantastic asset. If Schlumberger felt it was so bad, they would have sold it for cash, not shares. Nice try though geo.
I wondered when the class clowns would turn up again :)
Gas leak perhaps? I’ve called the plumber!
No one has ever taken geowiz seriously. Just a troll with nothing better to do.
I think you need to listen to others’ research. Your own research is clearly insufficient to understand basic information.
Block has confirmed Amati has not sold a bean, the TR1 reflects the employee salary scheme.
Look at his posting history, all he does is write on shares saying they are overvalued and he will buy in lower.
Another one for the filter list. Another agenda driven new account