Member Info for bobbbyrash

Who else is thinking the CCS pilot progress news is the next major update we will get any time..... I really feel we are at the start of some major news flow!

One of the largest gas consumers in Georgia Chesh! Would make a lot of sense for Indorama 😉

About Rustavi Azot

Rustavi Azot is a key nitrogen fertilizer and industrial chemicals producer in Georgia. Rustavi Azot is a subsidiary of Indorama Corporation, Singapore. Indorama, together with its affiliate companies, produces a wide range of products for an international market, including fertilisers, chemicals and textiles. Rustavi Azot is located close to Block's licences by the town of Rustavi. Rustavi Azot is one of the largest gas consumers in Georgia and exports its products internationally, including to EU member states.

I know Hepseal, that's where I got all my news 😀

MCNol, I'm not sure if you are aware as you are new here but in January, Indorama published their decarbonisation plan and mentioned the CCS project with Block Energy in Georgia.

Click on 'plan detail' at the bottom of the page to read their letter to shareholders. A multi billion dollar company partnered with Block in an industry that is growing in importance with all the majors. I've got a feeling we are nearing a massive update....

https://indorama.com/sustainability/decarbonization-plan

Https://www.carboncapturemena.com/speakers

Look at all the massive companies involved in the summit last week in Dubai!! I don't know why we weren't there but once we have a successful update and 'proof of concept ' then my god our project will be worth 20x our current market cap. I am convinced at the moment that nobody knows what we have 😲 CCS is huge with all the big players and we have 'one of the largest in Europe ' come on PH, time for a massive update!

Https://www.beosevent.com/programme/

She's just finished her speech. 12:40 - 13:00

At least more in the industry will know the name 'Block Energy '

The few 0.99 and 0.989 are buys. The other sells mustn't have read the Tennyson report! A massive update is definitely due.

We have been way undervalued for way too long. Block could well be share of the year 2025!

Https://vimeo.com/904455353

The more I research the CCS the more I am convinced that it's a company maker in it's own right. We have heard all the right noises up to now and are working with experts in the field and we seem to be progressing very well.

Shed from your post earlier I agree that once we have a positive update with confirmation of commercial agreements and injection amounts then we will take off! Rapid scale up has been mentioned several times and at $40 a tonne profit we will soon be the primary CCS project in the Caucus region IMO. We are very close to multiple big industries in Tbilisi, not just Rustavi Azot but steel producers, cement etc . They will all have their own emissions targets and Block will be the solution!

Just did a little dummy buy, still 0.992. can we break 1p this afternoon.

Https://opc.co.uk/news/opc-launches-groundbreaking-ccs-project-in-georgia/

Just for any newbies who don't know who we are working with on 'one of the largest ' CCS projects in Europe. Update due any time on the pilot injection scheme! Partnership with Indorama (multi billion dollar company) based in Singapore!

The CCS is worth 10x current market cap on it's own! Imo.

Maybe today 🤔

£1.35 a share. That's why we are here. 👌 That is not including the CCS which at $40 a tonne profit x 250k tonnes a year injected= $10m a year profit!! Massive projects that just need the fuse lit.

And it won't be long until some sort of formal contract is signed with Indorama IMO. The MOU was signed last May for 12 months and it seems to me they are more than happy to partner with us on a permanent basis due to their recently announced 'carbon reduction' plan.

Patience is definitely a virtue with Block but I feel it will definitely be worth the wait for us LTH's

Https://agenda.ge/en/news/2025/42896

All good for Block !!

Yes Heps, it definitely feels like something is brewing in the background!

Nice to see an uptick in tweets this last week or so from Block! Does that mean the bumper RNS we are all waiting for is just around the corner?

The rocket 🚀 is on the launch pad I feel.

Let's hope for a blue day in anticipation 🤞

Https://agenda.ge/en/news/2025/42870

Maybe our 3TCF of gas could help with energy security 🤔

That's just a summary on Block's twitter, the full report is 11 pages. Plenty of positive news in there and I agree 4.9p just for starters. Btw I didn't upgrade to read the report but several on here have read it I think.

Maybe the broker coverage is slowly getting out to the market. The carbon capture project alone has to be worth 15 - 20p share price once it is scaled up. Plenty of carbon to capture in Georgia with Rustavi Azot and the massive cement factory and other industries I'm sure. One step at a time!

Looks like we are finally close to the completion of the farmout of project 3 (absolutely transformational amounts of gas). Some new drills on project 1 would keep us occupied whilst the big projects take shape.

MASSIVELY UNDERVALUED company IMO. Maybe not for much longer!