Member Info for bobbbyrash

Https://youtu.be/Kz8lTZA13gw?si=niN03kKTeVTzBKPr

A link that works 😁 project 4 seems very well advanced as does project 3 to be fair (with a few selected companies) . The CCS is an absolute game changer in its own right with the CBAM regulations coming into effect 1st January 2026.

Onwards and upwards.

I've been reading a bit about the CBAM and it is coming into force from 1st January 2026. At the moment it is just in a pilot phase. Looks like our CCS is being proved up just in time for industrial emitters in Georgia to sign up. The following link explains how Georgia has amended some laws to be in compliance with the regulation. I'm pretty sure some major agreements will be signed once our pilot proves successful. It's going to be massive 👍

https://mepa.gov.ge/En/News/Details/22811

Https://www.euronews.com/2025/08/08/unimaginable-peace-azerbaijan-and-armenia-sign-historic-agreement-after-decades-of-conflic

Excellent news that the US is getting involved in the Caucuses with energy and trade and investment. All good news for Georgia! Sneaky feeling that we will get an RNS on Monday 🤔👍 have a good weekend all!

With the recent EBRD $65m loan to Rustavi Azot and Indoramas commitment to reducing their carbon emissions with their 'carbon reduction plan' and our soon to be pilot injection then it is pretty clear that the pieces of the jigsaw are coming together. A superb partnership in the making for Block and Indorama. As someone previously stated, we will most probably get a detailed 'development agreement' some sort of contract between both parties once the pilot is successful. Early indications are looking "very positive" according to the tweet last week! 👍

"The EU ETS (European Union Emissions Trading System) price is currently around €70-75 per metric ton of CO2 equivalent, but is expected to increase significantly in the coming years. BloombergNEF forecasts suggest prices could more than double to €146/t by the end of the decade and potentially approach €200/t by 2035.

Here's a more detailed breakdown:

Current Price:

The price of EUAs (European Union Allowances) is currently fluctuating around €70-75 per metric ton, according to data from ICE.

Recent Trends:

Prices have seen some volatility, with a dip earlier in the year due to increased allowance supply and lower emissions. However, analysts anticipate a significant price increase in the coming years.

Future Projections:

BloombergNEF forecasts predict a rise to €146/t by 2030, potentially reaching €194/t by 2035, driven by factors like reduced allowance supply, stricter emissions targets, and the exhaustion of cheaper abatement options.

Factors Influencing Price:

The EU ETS price is determined by the market, influenced by factors such as the overall cap on emissions, the number of allowances available, and the demand from companies covered by the system.

Revenue Generation:

The EU ETS has generated substantial revenue since its inception, with billions of euros collected through the auctioning of allowances. This revenue is used to fund various climate and energy-related projects, including investments in renewable energy, energy efficiency, and low-carbon technologies.

ETS2:

A new carbon market (ETS2) is being implemented to cover buildings and road transport, with monitoring and reporting of emissions starting in 2025 and full operation in 2027".

Looks like a great time to be proving up one of the largest and lowest cost CCS projects in Europe 👍

Https://opc.co.uk/news/zep-projects-network-2025-advancing-ccus-collaboration-across-europe/

"The forum also featured technical and strategic contributions from active CCUS projects across Greece, Norway, the UK and the Netherlands, along with input from Italy’s Ministry of Environment and Energy Security (MASE) and the European Commission (DG CLIMA), highlighting the growing momentum behind CO₂ storage across the continent".

Looks like little old Block will soon be in good company! 😁 Slowly slowly catch de Carbon 👍

Https://x.com/BlockEnergyplc/status/1950118213909438918?t=gUX_PexUHwZ_ldZZWDI7Jg&s=19

Excellent news 👍 this huge project is taking shape....

Nice £20k delayed buys popped up. Looking forward to next week 😉

1. Indorama just met with the PM of Georgia 👍

2. Rustavi Azot just signed $65m EBRD loan 👍

3. Carbon reduction a major stated policy 👍

4. Block Energy proving up one of the largest CCS projects in Europe 👍

5. Potentially a major net zero hub in central Georgia with significant strategic importance 👍

6. Seems to me the stars are finally aligning 👍

7. Update RNS next week for sure 👍

Have a great weekend all shareholders and hopefully the long wait is finally coming to an end... 😎

Https://www.linkedin.com/posts/jsc-indorama-rustavi-azot_rustaviazot-indorama-ebrd-activity-7354054841314271232-ZWhd?utm_source=share&utm_medium=member_android&rcm=ACoAAAT1Pr0B1Mj9pTP8A5JY1b1dBUfw5mw12l4

Not many days left till the end of July update??

Https://www.linkedin.com/posts/elisabetta-falcetti_energy-efficiency-food-ugcPost-7353726129930678272--0d1?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAAAT1Pr0B1Mj9pTP8A5JY1b1dBUfw5mw12l4&utm_campaign=copy_link

We already know about the $65m investment loan but good to see it promoted on LinkedIn by someone so prominent!!

Note some of the funds are being used for 'decarbonisation' efforts 👍 isn't that what our CCS is providing 🤔

Https://www.blockenergy.co.uk/projects/project-iii/

Just for information but the 'South Dome' has very recently been added to the webpage under project 3, with text and the little red dot showing it's position in relation to the other fields! Interesting 🤔 that wasn't there last time I looked.

Https://www.linkedin.com/posts/opc-global_ccus-carboncapture-co2storage-activity-7353065119288905729-emFU?utm_source=share&utm_medium=member_android&rcm=ACoAAAT1Pr0B1Mj9pTP8A5JY1b1dBUfw5mw12l4

Great to see OPC involved in such a huge event making contacts and hopefully mentioning the progress in Georgia. One thing is certain, with OPC, Indorama, Rustavi Azot, Stratum Reservoir and Professor Eric Oelkers.... we are working with complete professionals 👍

Time for a positive update to finally stir the market 💪 CCS projects are gaining in importance and we will hopefully play a massive part in Georgia and the Caucuses.

Https://www.linkedin.com/posts/jsc-indorama-rustavi-azot_rustaviazot-indorama-unglobalcompact-activity-7351929266596380675-8zmW?utm_source=share&utm_medium=member_android&rcm=ACoAAAT1Pr0B1Mj9pTP8A5JY1b1dBUfw5mw12l4

They place great importance on their ESG commitments. I wonder if CCS is a HUGE part of that. No need to ramp, our partnerships speak for themselves 😀👍

"Irakli Kobakhidze, Prime Minister of Georgia met Amit Lohia, owner of Indorama Corporation, an investor in Rustavi Azot.

The meeting focused on the corporation`s major investments in Georgia, as well as upcoming developments at Rustavi Azot-one of the largest chemical enterprises producing mineral fertilizers and industrial chemicals. The corporation’s owner expressed gratitude to the Government of Georgia for its support and emphasized the favorable investment environment in the country".

I wonder what the UPCOMING DEVELOPMENTS are at Rustavi Azot 😉😉 CCS I wonder?? Or is it just a massive coincidence that the owner of Indorama has met with the Prime Minister . we will soon find out......⏳

Https://rustavi2.ge/en/news/319954

Anyone else getting the feeling that we are close to some major news??? Indorama (multi billion dollar company) partnering with Block energy!! 👍👍

Well spotted Rlightor. If I were a betting man I'd say an update is nailed on before end of July 👍

From a previous CCS RNS Spud. I just thought I'd remind everyone 😉.... any day now I feel for an update ⏳

Commenting, Mr. Prakash Kejriwal, Group Director, Eurasia Indorama Corporation said:

"We are pleased to partner with Block Energy to carry out this pilot project. Indorama is committed to reducing GHG and this collaboration brings an opportunity for Rustavi Azot to potentially reduce its CO2 emission at the site by applying technology for CCS.

We look forward to the success of the pilot and moving into the commercial scale CCS."

I think it's safe to say we are all looking forward to the successful pilot and confirmation of the commercial options/agreements signed etc!!

In the meantime, boredom prevails 😴

Thanks for posting again Avi8r! Much appreciated by us genuine shareholders here whilst we eagerly await news on the pilot. As the article I posted last night says "CCS is coming on in leaps and bounds" and we have most definitely initiated this huge project at the right time, from the initial report by OPC about 18 months ago to where we are now.... literally on the cusp of something HUGE. There is absolutely no doubt that a successful pilot will unlock some serious value here as it basically de-risks the whole thing. OPC know what they are doing and Indorama have announced their 'carbon reduction plan' so we are progressing with some knowledgeable, committed partners. The market will have to take note. CCS is going nowhere and good to see Trump still supporting CCS in his Big Beautiful Bill 💪 maybe next week the mother of all RNS's will land! Have a great weekend all and enjoy the ☀️