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Moving equipment around in Georgia is not easy at all.I went there a few years ago and the whole country is crisscrossed with B roads,there are a few A roads but not near where we are drilling So any equipment movement or procurement is going to take time If you all want things done in a rush you are invested in the wrong share.GLA
Stay positive
I'm sat in a beach bar in Kalamaki with the Grandchildren and they all keep saying "How's Block doing knowing full well they will get prezzies if this comes off.Another month I think.GLA
Comment from Zak
Block Energy (BLOE), the exploration and production company focused on Georgia, announced its operations update for the three months ended 31 March 2023. The company said the first quarter of 2023 saw a robust start to the year. The company continued to deliver on its successful drilling and asset development programme, with the results of WR-B01Za leading to record group production levels being realised outside this reporting period.
Comment: Shares of BLOE have doubled since the start of April, and it should be the case that unlike previous recoveries, we see the stock sustain the rebound off the back of its recent operation / production progress.