RE: Total Market Solutions interview24 Jan 2019 13:00
Nice Snippet to end on...
Q7. Having raised £5m at the IPO in June at 4p, what do you make of the market sentiment relating to Block Energy and do you feel the current share price of around 3p is a fair reflection of where the company is at?
We believe we are significantly undervalued relative to our peers. This is primarily for two reasons: the value for oil companies through 2018 has been soft for many reasons, and the market’s perception of Georgia has been distorted due to the poor corporate governance and performance of some companies in the past.
Confidence in Block is now starting to rise, indicated by the increase in our trading activity and the number of investor meetings being requested.
What can Block Energy shareholders look forward to over the next 12 months?
Lots of activity in the field. We expect good results to bolster confidence that will unlock value for our shareholders.