Member Info for bobbbyrash

Maybe word is getting out on how much gas we might be sitting on!

2.18p was paid only a month ago! Let's get back to that first before we get excited! :-) 20p anyone once the large gas discovery starts flowing? More like 30p I'd say.

No one is really asking why a company that has (according to the internet) just announced a 500bcf+ gas discovery is only valued at 8million? If these reports from Georgia this week are to be believed then we should be valued at hundreds of millions?? Minimum 20 bag territory from current levels. Let's see what unfolds over the coming weeks before the AGM. The news this week about the gas is MASSIVE and up to now it seems to have fallen on deaf ears. I more than anyone is looking forward to more clarity on the upcoming work program as the current sp defies logic.

https://newsbase.com/story/lse-listed-block-energy-reportedly-makes-natural-gas-discovery-in-georgia-250233

Maybe next week things will become clearer. Have a great weekend all!

https://georgianjournal.ge/business/37971-gas-field-with-8-year-reserves-found-in-georgia.html

https://bigasia.ru/en/content/news/business/v-gruzii-obnaruzhili-krupnoe-mestorozhdenie-gaza/#:~:text=According%20to%20the%20head%20of,have%20been%20discovered%20in%20Georgia.

So this discovery was announced on Monday and then on Tuesday we get the license extension and next news is surely the funding. It's all coming together folks. Looking forward to news flow really kicking off now. Seems we have a large gas discovery on our hands and the plans in place to develop it! Onwards and upwards Bloe!

https://mobile.twitter.com/BlockEnergyplc?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Rxdav the bash machine has taken an extra dose this week. Bash bash bash bash bash bash bash bash bash bash bash bash bash bash bash bash bash bash bash bash bash bash bash bash bash bash bashety bash. Do us all a favour and do one. You are obviously impatient.
For all the genuine holders here I would say 99% chance of Q2 update next week. Btw we've never been given a spud date so how can we be delayed? Chill everyone, 5 oil wells are a coming!

I think it's an undisputable FACT that Echo are now in the best position they have EVER been in as a company. It's taken a while to steady the ship and get a growth plan in place but we know what the next 6 months are going to bring and the success of the production increases will provide the extra funds that have so far been lacking. As the saying goes 'you need money to make money' and I think finally we are in a position to make enough money to recycle into the business and in turn grow production, get Campo limite tested, develop Monte aymond, start paying the debt down and I'm sure a different market cap will then be achieved. We have a clear path to a 10 bagger from these levels I believe. Maybe much more depending on the levels of success achieved along the way! It's time to leave the past behind and look forward to a better future at Echo! Roll on the news flow!

The mm's can have some of mine at 20p. Not a penny earlier. If we can get oil production up to 1000bopd (over $30mill a year revenue) with a few successful sidetracks and with up to 1TCF to go after then 20p will be blown away IMO. Then next stop 2k bopd all funded with existing cash. Not so far fetched with all the drills coming up. Come on Bloe, let's get the party started with a positive Q2 update!!!! And of course the long awaited spud!!! Onwards and upwards.

The 8k buy at the end of yesterday mopped up yesterday's sells. Even so sells yesterday were 1.52. why would mm's buy at 1.52 and sell to someone today at 1.44? Come on PH get this drill bit turning and crack on with the plan.

Buy order filled with what? I didn't see any sells.

**********

https://www.**********.co.uk/articles/vox-markets-podcast-paul-haywood-ceo-of-block-energy-957f1b3/

I think you'll find they are 'wanting' to do one sidetrack every 60 days :-) but it's nice to dream!

Well said Scooby. I know you've been quiet for a while but hopefully now things are starting to kick off with the first of several sidetracks and then hopefully the positivity will return to this board and we hit 4p then rxdav will finally be gone and we can all celebrate.

Yep very positive. Just a matter of getting the sidetracks going and getting production up and then it's game on for Block!

Now they decide to update.

500k shares just bought (not me) but still not showing up on LSE . I wonder why.... I'm still thinking RNS Q2 update on Thursday morning! Come on Bloe!

From advfn chat :-

beertokens: Thank you James Walker on Twitter appreciate when someone comes up with a way to “unlock” the assets. Shame Block are less forthcoming in the big reveal. “I'm expecting WRB1bz side track first. WR30 as the KTE39 gas pipeline passes thought the site, the next is WR36 which is 1800m to the North East of WR30 its right on the Kristen Anticline” Q2 Production report due soon might reveal some progress. BT

You can have 500k of mine Goliath at 20p . One day that will be a bargain! Onwards and upwards next week with Q2 update possibly on Thursday? Have a great weekend all !

https://oilprice.com/Latest-Energy-News/World-News/Oil-Likely-To-Hit-200-SEB-Group.html

Come on PH. Time to get the oil flowing!