The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I would suggest a share buy back must be on the cards at some point when profits allow. It needs to be brought up at the AGM. Come on Martin what's happening with the production increases?? Christmas and New year is over now. Time to start delivering and create some shareholder value!!!!
I'm holding on for 40p Rocklawn once we start appraising the huge gas resources in the next few months!
Thanks Lancs!
Another new tweet! Looks like all going well!
Blue? What's going on?
https://twitter.com/BlockEnergyplc?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Come on Bloe. We need a good result here at B1!
Does anyone know exactly where the Norio deep well is located? Is it bordering our Norio licence? That well alone could be a country maker let alone a company maker according to GOG website.
"GOG’s portfolio encompasses both production, development and exploration projects with large scale upside. Within this portfolio, Norio Deep has the potential to be a country-changing prospect. The reservoir is part of an already prolific basin and with increasing subsurface definition through the 2019-22 work program offers an attractive prospect for farm-ins and partnership" investments
New tweet!
https://twitter.com/BlockEnergyplc?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Have a great Christmas all block holders and best wishes to the drilling team on the ground over this festive period. Keep up the good work lads! To PH and the BOD and all the block team in UK and Georgia, have a great Christmas and we look forward to some tangible progress in January.
Try buying £20k worth at 20p and you will know what a large paper loss is!
Even if you had to pay the full 0.13 ask are you honestly saying that is too expensive? When we've just had a large portion of our debt converted at 0.45 and the warrants exercised at 0.25 and 5 million buys galore a few days back at 0.17? My God we have no hope if people think 0.13 is too much. You honestly think in the whole future of Echo energy the SP will never rise above 0.13 so you would be in profit?
On another note, great news today and I think finally 2023 will be the year we start to rise. 1p would be a good initial target when the production is up and we hear about Campo limite plans and Monte Aymond development! Have a great Christmas all genuine shareholders!
Let's hope they got the sweet spot this time :-)
"A rod pump was installed on WR-B1a for the clean-up operations. Following the side-track of JKT-01, downhole operations at WR-B1a will resume with a low-cost side-track from the same well bore. It will target significant fractures and faults, newly identified from attribute analysis of the 3D-seismic survey, at a higher level within the Middle Eocene reservoir. The attribute analysis has been recalibrated from the significant amounts of data acquired through drilling WR-B1a.
Maybe you should sell your 100 shares Pat? You are getting a bit stressed on a commercial oil discovery. .. all part of the bigger plan!
Deez I seem to remember ADV trading at near 50million market cap on HOPE. We all know how that turned out. Or is that a different market you are talking about?
My God the bashers are out in full force again today. They obviously don't like the fact that block have found commercial oil . B1 ST is progressing nicely with a bit of luck and can hopefully boost our combined production up closer to the 1k boepd mark. Onwards and upwards slowly step by step;-)
Great summary there Hepseal. I've been here since April 2019 so I know the views of the majority on this board. Positive and negative. Things seemed to have dragged on this year but it seems the foundations are being laid on multiple work streams to really get us moving at a much faster pace. I fully believe the BOD have spent a lot of time studying and interpreting the massive amount of data received after the SLB acquisition to hopefully make the right choices going forward. The drill bit is definitely going to do the talking here in the near term. The gas prospects are absolutely huge IMO and have already been discovered. We are not exploring blind. Q1 next year should update us on the work plan to appraise that gas. Hopefully by then our production is up and project 1 and 2 are showing signs of fruition then we really will be on our way to an important mid cap player in the region. Just a bit more patience folks!
I'm sure all genuine shareholders hope the SP will soon follow Deeez .
We'll at least we've had a bit of excitement today. Better than the normal daily boredom.
New record high! 941 follower's ;-)
Just for anyone who's interested, I started tracking the number of follower's on Twitter about 18 months ago when we had 757. Today we have a record high of 939. Risen by a few this week. Slowly but surely we are gaining some more interest. Just need some good news with these 2 wells and we're off! Keep up the snippets of info/videos PH! Much appreciated by shareholders!