Member Info for BillTucker89

Brgmg- I’m already invested so don’t “need another chance”

What I do need is this company to deliver what they promise and within the timescales they say. Not going to make up fairytales like some of the novices on here.

Gary1960- well the IIs have not put their own money at stake have they, whereas I have. So why would they be bothered?? They still get their fees regardless, and you only have to look at Woodford as a recent example. Also how do you know they are not hedging their shares?? There is no requirement to publicly state this.

I’m only going by information in the public domain and going my post below, none of these crucial points have been answered. Now I’m not on here to argue with people, but I can’t stand rampers and derampets are like who just pluck nonsense out of thin air.

Brgmg- would it be the same PH that made “great statements” back in April that didn’t materialise??
Was it the same PH that didn’t inform the market that production had stopped?? I don’t need to say anymore.
It’s d**** like you that suck in unsuspecting gullible investors, for your own selfish gain. I’m holding for now as I’m siting on a loss, but don’t go ramping on the back of an interview, but that interview was certainly nothing to write home about. It carries no weight. Not sure how he has set people straight many questions are still unanswered, Biggest one being is the oil actually being sold? If they aren’t selling it then even if production goes to 10000 a day, it will do f*** for the share price.
What a moron you are.

Still didn’t mention if the oil is being sold or not and to whom and what volumes. It’s all good producing the oil but there is a cost associated with holding it, so they need to be shifting it.

Also with the price of crude falling am I right saying the net back is at the $20 mark now. If I recall the sale price is Brent-10 which makes it $47.

https://www.ft.com/content/097d4878-b487-11e9-8cb2-799a3a8cf37b

As oil price is about to plunge we need updated figures from PH, since all current figures are based on crude being at $65.

Currently sitting at around 59-60 but who know how far it will drop.

Hillbilly- agreed they may be hedging their bets, but most importantly it’s mot their money at stake here. They still get their monthly fees regardless of where this SP goes. I hope so too as can’t afford to be down anymore.

I would ignore the rampers and wouldn’t bother giving out any advice. As usual they are stuck in their own little wonderland, and refuse the reality that sits before them. This company has over promised and under delivered which is reflected in the share price, however according to them this is an opportunity to “get in on the cheap”

You will recall it was the same people that were saying the same at 13p, but how wrong were they??

My average is 13p so I’m staying out for now, but I wouldn’t encourage anyone to buy right now as there is too much risk here at the moment. Once We have a RNS maybe we’ll have more clarity, but I’m getting sick of the constant biased oridiculous views on here.

Also seem to have a lot of people with Crystal balls on here who keep saying an RNS on {...choose any day of the week} and It will say XYZ. Get a grip!! You know no more than anyone else.

Most importantly we need news and fast before this goes back to 6p at which point it will need one hell of an update just to get back to the 13-14p range.

AmandaFox- you really need to go back to school of you think any so called deramping on here affects the share price. What are fool you are!!

As people have said many times already, this situation has been created by Block themselves. They should have been more cautious when they told the world about the “best Oil well Georgia has seen in 50 years”

Brgmg- how does Spike want a lower price??? You said the same last week and guess what, if that was the case he already has achieved that.

He is being realistic and cautious with the information available in the public domain, which is the right and smarter thing to do.

You carry on ramping and topping up as you call it.

Spike912- I would ignore the rampers and wouldn’t bother giving out any advice. As usual they are stuck in their own little wonderland, and refuse the reality that sits before them. This company has over promised and under delivered which is reflected in the share price, however according to them this is an opportunity to “get in on the cheap”

You will recall it was the same people that were saying the same at 13p, but how wrong were they??

My average is 13p so I’m staying out for now, but I wouldn’t encourage anyone to buy right now as there is too much risk here at the moment. Once We have RNS maybe we’ll have more clarity, but I’m getting sick of the biased on ridiculous views on here.

Also seem to have a lot of people with Crystal balls on here who keep saying an RNS on {...choose any day of the week} as It will say XYZ. Get a grip!!

Most importantly we need news and fast before this goes back to 6p at which point it will need one hell of an update just to get back to the 13-14p range.

Totally agree with the fabrication and letdown that gone here, yet the rampers still can’t see through this and encouraging people to “buy in on the cheap”??

That’s just pathetic. Please don’t encourage people to buy until there is more clarity and certainty here.

Those of us who have entered at the highs such as 13-14p range have no option to hold out, but I certainly wouldn’t ramp this as we don’t know what other revelations will be made. Maybe the gas is not worth as much as they though, maybe we won’t hit the quoted 1500 barrels a day by the end of 2019 like the market is expecting amongst other things.

PH has clearly made a big mistake here and you should all accept it rather than continue on your ramping. It’s funny the people predicting 20p in 2 weeks still can’t see reality in front of them, and still continue to abuse those who had fair and balanced points, and who incidentally called this right.

Grow up!!!

Lb28- well I wouldn’t say it’s a sh*** article as it’s based on facts known at the current time. We can all speculate how great of a mid tier stock this will eventually come, but you could do the same with any other stock out there doesn’t mean it will happen. The market cap at 49m was based on the 16az producing 700- 1100 barrels a day which had not materialised, which PH was constantly promoting.

Until they achieve this I would agree this is overvalued until we have more concrete information on what the well can produce and being stable at the same time.

Well what a pile of crap this turned out to be, I’m 5k down. I won’t be averaging down until I see something more concrete from the company. They have over promised and under delivered!!!

Wasit10538- more like its idiots like yourself that make people laugh as you clearly haven’t done your reasearch on this share and just ramping. Why is it this boards are either full of rampers and derampers, each stuck in their own ways? This is not what these boards are about. And If you’ve never heard government wanting their cut and with BLOE specifically, then I would question what exactly you know about this share. As you’re so thick I’ll make it easier for you. Goto page 17 of this brochure which is directly from BLOE’s website, and you will see it with your own eyes.

http://www.blockenergy.co.uk/wp-content/uploads/2018/06/4-June-2018-CL.pdf

Gary- I think a lot of people haven’t ready the PSC. Everyone goes on about the 700-1500 barrels per day, but fail to realise Block will only get 40% of the revenue and profits, whilst the rest will go to the government. That 700-1500 then becomes more like 280-600 barrels per day to work out the true profits. And guess whoose footing all the costs? We are of course. I genuinely hope there’s no delays of bad news here.

Sea7- where do you see this heading in the next 6 months or so?

Guys can we just not have genuine and realistic views on here rather than ramping or deramping? I can see why people are concerned as there has been no communication from block regarding the drilling which they promised would be out. The whole point of the fund raise was to accelerate the plan, but things seem to have gone quiet since then, which is costing PH his credibility. Until we have some news this company is still making a loss, and eating into the proceeds of the fund raise, since they are only producing 60bpd. We need a RNS and fast or else the share price will continue to drift away. Before anyone calls me a deramping I ya e a decent amount here at 13p, so therefore currently sitting on a loss. If there is news good or bad, then we need to be told.

Mugtoo- because mugs like you keep calling me a shorter, when I have hard aren’t money invested in here. I have nothing to good to say as there isn’t anything good to say to be frank. You only have to look ADVFN and you’ll see Gary Favell is being linked with CPR. Do some research on him and you will know.

Brgmg- no I’m not a novice investor and couldn’t care less how much you hold, or what price you got in. No one wants to know.

Everyone is on here to make money for themselves, and please show me where I was deramping????

Pat2014- yes that is the best advise you can give, but it’s down to individuals concerned on whether or not they wish to pay heed to it. Yes the government will step in, but that does not mean shareholders will get saved. Kier will go on but not shareholders. Again you only have too look at IRV and you can see what the government support will look like.