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At last the market seems to be waking upto the potential of bloe. No thanks to PH and his stories and without him we would of been here 3 years ago. Lets hope he starts telling true stories from here on in and doesnt forget to tell us things as he has done several times in the past such as closed wells / low output wells / water instead of oil and the list goes on.
Lets hope chesh is correct and bloes time is now. How this is still 1.3 pence I will never know. It should be 5 to 10 pence right now on hope value alone but PH stories made the market cautious.
Do you think I should unpack my party hat chesh or hang fire until it breaches 1 and a quarter pence per share ? All those at 15 pence plus will be starting the party for sure. Not to mention PH, he can just party.
I understand you are big supporter of PH chesh and you think the company is great. Sadly, no-one else does though and thats why we have 1 trade so far today and no build up. Thats what PH isnt doing. Thats why we are at 1 pence and not moving. SP at near all time lows and supporting PH just bewilders me that investors are so stupid. If he were gone, SP would soar.
PH has created no shareholder value and hence is a cost we dont need. He has led us to where we are which is no further along the line in 4 years. I appreciate you love him, but many dont, including me, as I am a shareholder and he has created no value, so he isnt needed and very shortly you will also see this when xmas arrives and we are still at 1 pence.
The obvious thing to say is that before all the recent hype I could sell all of my shares for just under 1 pence each and now i can sell them for just over 1pence each. The CEO says we have great things on the horizon and to expect a quantum leap in SP. The recent flury of buys was a small collection of current and new buyers sorting out bed n isa due to time of year and now we are back to zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz. The question is, how long do you tolerate it for ? a week / month, year or about 4 years in most investor cases who are long term investors. Just always jam tomorrow with paul and many more now catching onto it. The comment about quantum leap is actually postive as ph has now put his reputation on the line and still not delivered. Please dont let him drap on forever at high salary and high loan prepayments at your expense. Even the most trusting of investors must be willing to put a time limit on it, surely. I continue to call for PH to step down and allow the company to flourish on hope value alone and a bit of speculation. Poor to date.
Because Chesh we had the oil price at 100 dollars a barrel in lock down when PH said we had 1000 barrels per day on route and the sp still went down. Now it has even less relevance as the focus is on gas as they cant get enough oil out of the ground and that is why the last well was doing about 50 barrels a day, remember when PH sent the site manager out to tell us all. Oh how i look back fondly at his catelogue of stories and errors.
Chesh as you know the price of oil is irrelevant to bloe share price. Previously oil touched 95 dollars a barrel and our share price went down. Its sort of related but not really due to all of the outside influences, mainly that our CEO has lost the trust of the market, hence why we are sat at sub 1 pence when we should be soaring on hype and hope value alone linked to oil prices and gas in the ground and handshakes and georgian need for oil and gas etc etc, but we are where we are and nothing moving this SP until PH leaves and bloe gets cred back again. Sad but true. Any arguments and I revert you to the SP.
Pauls job is to create value for shareholders, please dont forget that. Stories of jam tomorrow is not shareholder value. Meanwhile back in reality the share price sits at sub 1 pence with zero to little interest in anyone buying in. What we need is action, not stories about how block could or should be great. Why on earth people om here want PH running the show is a mystery to me. He has given you nothing but takes a lot. Sooner or later, i guarentee you will come around to my way of thinking. Please put a time limit on how long you will toleratre jam tomorrow stories, even if its 1 month or 1 year, you cant keep saying jam will come tomorrow. its just stupid frankly. PH is laughing at you all while he takes his huge salary and 16% loan payments and more stories of handshakes etc. Laughbale nonsense.
Why would there be a timescale for buyers to buy in if they believed the CEO when he says there is a quantum leap in the share price looming ? As an investor, if you believe the CEO you buy in, its that simple. You dont wait until it arrives in an RNS and try to buy as the SP soars, thats not AIM. The summary is that the market does not like PH and will not buy in whilst he is here and his days are numbered. Jam tomorrow stories are great for current investors but 1 by 1 they also lose faith and just want change. Slowly, we will get it as PH cant last much longer on jam tomorrow stories whilst he takes a huge salary and creates no shareholder value and collects 16% on his loan to the compnay that we own. He is no rush to do anything is he, would you ?
We should all just do the obvious which is email the company and the CEO and ask why when he says all is great , good prospects, loads of oil, gas for the world, looking for farmout , price hike approaching etc etc, does the SP fall and no-one believes him. As already stated the issue is the CEO. Now sadly many wont understand this and the only turning point will be when the farmout arrives and SP goes up, and quickly back down again.
Why do you think its under the radar and no-one buying in based on what they have told investors so far ? The CEO says prepare for a quantum leap in the share price. Why do you think no-one beleives him and is not buying in ? The CEO says lots of gas. Why do you think no-one is buying in. In fact, not only are they not buying, they are selling. Comments please.