Member Info for bigbench

Many companies have high PE ratios... ten times futures earnings … Shell's is 11

Many may see these numbers as far fetched but that's the reality when the numbers are crunched.... Look at Dana Pet and their pennies to £

Well done Topprize… glad to hear Bigmj is ok and still positive...funny that none of the doom merchants sold him their shares...what a surprise eh!

from over 10% up to 3.5% down...just let them play... this price will be left well behind by end of June.

A low number of shares compared to others in the sector makes this even more attractive..... bit like the prettiest girl at the dance who is also wearing the shortest skirt......everyone is looking even though they might say they haven't noticed. ;-)

That's what I make it FastMoney.

The early figures of $1.7m per month is $20.4per year and that's by the end of 2019..so a correction in the PE ratio is due (now in my book) ..many sp's are PE10... and that's well before the bigger 8000bpd and gas money flows in.... Hence my view on a major looking at our potential and possible early bid for the company.....PH has already stated his phone has been ringing off the hook from other oilys wanting to know how easy it is to to business in Georgia... but tooooo late chaps...we are already in bed with GOG (metaphorically speaking) so a massive premium would have to be added to prize this gem away from PH..but I have the feeling he wants to develop this himself...Mid tier size company already mentioned. Best play on AIM bar none....infact best play on any market at the present time in my view.

However one interprets the figures... its clear our current Mcap over just over 40m is ridiculously low..... correction and re rate will come very soon, PH will deliver blinding news once all sorted with EGM...June is going to be one hell of a month for BLOE.

Maybe rollovers?

love it..... we are soooooooo under valued its a joke.

Finally, the organisation will appraise two existing gas discoveries and drill one new well targeting gross contingent 2C resources of 608bcf. Haywood tells us that this work is expected to take 12 months and push Block’s production to around 1,500-2,000bopd.
‘A rate of 1500 bopd would generate up to US$1.7m of free cashflow a month at US$65/bbl Brent,’ he adds. ‘The programme’s longer-term aim is an oil production rate of 8,000 bopd and daily gas production rate of 15 MCF, which would open a combined free cashflow to the company of around US$25m.’

It could be a mate of the Sheikh though!

We all know to well that you follow the money on stocks like this...June is going to be a busy month and once all the red tape is out the way this will gather momentum rapidly....one small piece of decent news could double the SP overnight IMHO. Buy and Hold is my view.

Plenty buys coming in.... 30p entry price soon be history...

.....this as soon as possible.. If they keep on delaying while trying to perfect the App it is pointless exercise... No matter how good they think they have the App there will always be updates and revisions over time. As long as all important and initial processes are working fine lets get it out there and let updates come when they come. It's just like your brand new Samsung or iPhone...it's got all the latest updates as it leaves the factory but a month later updates are out and being downloaded... It will be just the same here as features are added as the brand grows. I won't be happy if the IPO and relisting are pushed back to Q1 2020

All looking good here JonnyE….

Wow 59K..... in that case I'm even more confident that some excellent news is just around the corner!.. I'm expecting June will see this surpass the .50 with ease. Sit back and buy if possible my view.GLA

PH clearly said the II's are here long term.... they must of been shown some pretty interesting data and forward plans to stump up £12m... it was well oversubscribed and PH had to keep a lid on it @£12m.....£20m could of been achieved if he wanted to no problem. Oh to be a fly on the wall in those meetings!

How we are not mid 20's right now is beyond me... oh well another few weeks wont hurt! :-0

More of the same this week and into next

More news due before EGM… be out and be sorry my view!

Finally they move it up!

Yes I agree... but just seems odd looking at the trades this morn...the buys are 6-1.

...12.7m buys V 2.7m sells and we are flat as a pancake.... are we being held back? Hmmmmm.