Member Info for Babbler2

Urgh - tweeted about it last week but didn't buy the drop as didn't read enough in time:

https://twitter.com/BabblerBestBets/status/1115190689162252288

9.3 proved tricky again... Georgia have woken up to sell into the rise again The sooner they are done the better!

Imagine what the price would be if Georgia Oil and Gas Limited weren't selling...

no change just typo on Friday.

Or those who researched and want to get some in their ISA?

£16k buy - someone lapping these up this morning....

nice slow and steady... 50% by lunch will do ;) lmao.

Was 6-1 last weekend... didn't take it of course! :P

Im happy it didn't come... gives a chance to load some up in ISA today pre-news (and no "sell on news" mentality to contend with)...

Although a drop would be nice briefly on open to get extra for the ISA people :D

New ISA season... expecting to see some money flowing about today. What shares though??

Morning... of course I never back favourites... like the underdogs... probably why Im always broke! ;)

News on twit.

I know... am well versed here...

However assuming they have tripled their original expectations and therefore make money quicker... could they just opt to pay rather than issue shares?

Schlumberger and exxon nearby too but we have first dibs... :D

increase to 100 percent not 10p percent lol.

Right. Let's put some things to bed:

"We are aiming for a gross initial flow rate of 325 bopd from the well, which would generate a free cash flow of approximately US $3.6m per annum, and payback well costs in less than six months (assuming a price of US $60 Brent)."

They tripled that... so a lot less than 6 months. Ie money will be coming in quicker right?
Everyone talking about oil forgetting :

" We also look forward to appraising West Rustavi's legacy gas discoveries. " (626 BCF of gas)

" The Company held cash at 31 December 2018 of £1,975m (2017: £81,000).

Subsequent to period end, Block Energy paid US $250,000 as the first instalment to increase its WI in West Rustavi to 71.5% from 25%."

Only placing planned possibly August to increase to 10p percent BUT" that was before they got triple their expectations...

Monday will be very interesting.

not really as we know the reasons - was in last RNS.

likewise... well virtually free. Had a feeling it would rise further but wasn't 100% sure and needed profit banked.

good - let him sell imo... prospects here don't need ramping... been here since less than 3p (started watching and trading October last year at 3.4 and bought below 3 as well). Who cares what 1 PI does!?!

There's the shake...

Used to be so quiet here... ;)

BTW it is NT to sell at the moment... but with the news that's due over next few weeks doesn't really matter as med-long term this is re-rating.

Nice to be rising almost free.