The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Recent requote and fact:
Post period, the Company completed the evaluation of bids for a Competent Persons Report on its Lower Eocene and Upper Cretaceous gas reservoirs (Project III) and has now awarded the contract to RISC Advisory. The CPR will be shared with potential Project III farm-in partners, in due course.
Anyone noticed that the troll goes quiet on increasing share price trends.
It's simple to highlight a downtrend and to add meaningless text to boot.
Share prices go up and down based upon news and sentime, that is a fact.
Nobody on here has a crystal ball, so posters views are subjective.
Annual production figures and resource prices are generally speaking, on the up - fact.
Part ll reads well:
The company is offering to unlock a significant gas reserve of strategic importance to the state of Georgia, funded through organic revenue growth. Its proprietary understanding of its assets subsurface continues to open opportunities for low-risk appraisal and development. Unlike many others in its peer group BLOE has made robust progress on the ground, recording back-to-back drilling successes without resorting to expensive and often highly dilutionary capital markets. The company is already producing from several wells and selling to a dynamic local market through an established infrastructure, and operates within a stable jurisdiction.