Member Info for bobbbyrash

Will it make any difference to the results when they are issued? Whether it be morning, noon or night ? Cracking on with the sidetrack is more important. Come on PH.

Maybe we should agree on seeing how the 2 funded sidetracks go and voice our opinion then. Funnily enough as someone who holds a lot of shares in block I'm as *****d as anyone that the sp is 1.6p but I also understand that we are on the cusp of great things if these next 2 wells are successful. A lot has happened in the last 2-3 years and all we can do is hope that we have learned a lot of lessons and the money we have spent has improved our knowledge. We are making a small profit, we have zero debt, in a country that wants us to be successful, infrastructure all around us, big players taking an interest in Georgia, two funded drills coming up, oil and gas prices in our favour. I would say there is a lot to be positive about. PH has to answer to bigger shareholders than me but I'm sure he is aware that he has to deliver now or we as shareholders will find someone who can. So like I said, let's see the results of the upcoming two sidetracks and maybe just maybe everyone will be singing his praises. Until then a little more patience is required!

Well hallelujah tarbs and TLH! Other people also realise that rxdav is full of bull.

Rxdav=non stop pessimist and only decides to post a comment when he jumps on the negative bandwagon. Strange that for a shareholder that wants the price to go up don't you think? Very strange, unless of course employed by some certain asset strippers . IMO

All genuine shareholders will be happy to see the back of you rxdav and your non stop bash fest. I've never known anyone bash their own investment and in the next breath expect a 170% rise to 'get out' once we rise to 4p we will carry on to 20p because we will have the cash and assets to do so .

Thanks Grill!

I think finally the worst is behind us and we will actually have enough free cash now to re-invest to grow production. I'm also encouraged by interoil and their plans for Santa Cruz. Is it a coincidence that interoil release news to increase their stake and how they intend to increase production just at the same time that we have the cash to do it? I think not. It's been a long time coming but when we finally get some work overs done then the rest should be history and Echo will start delivering on increasing revenues and paying down the debt. Onwards and upwards now Martin! Let's hear of the first work over asap!

Weirdo comes to mind.

So about £3k of sells this morning is enough to drop the value of the company by 6% or about £600k and yet £30k of buys doesn't do anything? Wtf is going on here? I thought yesterday there were only so many shares available at about 1.68 then Chesh was quoting 1.79? So where are these shares coming from? How has the company lost about 30% of its value in just a couple of weeks? Roll on some positive news and production increases in the next 6 months and there is no reason why we can't 10 bag to £100m market cap and leave all these bullsh*t games behind once and for all!

"As at 31 March 2022, Block had $1.2 million cash at bank (31 December 2021: $1.2 million)".

We had 1.2 mill AFTER having purchased MANY of the long lead items to drill TWO sidetracks. So imo the slight delay is not cash related more like taking their time planning and maybe a slight delay in receiving the final items to drill. Anyway we know for a FACT that we have two fully funded sidetracks coming up very very soon. Lot to look forward to I'd say.

From Feb RNS :-
"Plans for the drilling of the previously announced side-track at well WR-B1 are well advanced, with long-lead items having been ordered. The well is being funded from existing cash from current production".
Existing cash in my interpretation is cash ALREADY in the kitty, not future cash flows. News next week maybe. 300+bopd from B1 would light the fuse here. Not long to wait!

Too late now, you're no longer a shareholder, goodbye!

Last hour frenzy in time for a Monday morning RNS would be nice :-). Onwards and upwards soon for sure!

Thanks for your research abzzba! Interesting.

I'm interested to know what the next sidetrack is after the re-completion of B1. Also the wider plan of the already identified opportunities. With a bit of luck we could be in for a substantial increase in production over the next 12 months. Surely we must be eager to also get after the gas in Pat E1 with a short sidetrack to prove up upto 200bcf if memory serves me! All to play for here with an already profit making company in a country that seems to be wanting to help us grow and help supply Georgia's energy needs. Let's get cracking with B1 PH ! Onwards and upwards.

Are you back with us terrier?

Luvly jubbly Rodders

I'm waiting for the '0' on the end of that '2' chesh ;-). Looking forward to a good day again!

Same here Tony. I ain't selling a bean till 20p. Used to be 30p but I've added a lot more at 1.2p so 20p is my first major target now . Onwards and upwards tomorrow!

Next stop 3p! Give it a week Zak, not 6 :-)