Member Info for bobbbyrash

24th march it was announced last year. Must be due any day.

Thanks for info abzzba. Are we moving at last? Come on echo.

We should absolutely fly on news of a massive new contract price. Roll on the RNS!

Our gas revenue is about to more or less double (which is approx 70% of our overall production) and we are still sub 0.5p?????? Absolutely beggars belief. Ready for a big re rate here.

Well Tony. I would think we must be hearing any day now about B1 spud. The gas pipeline must be nearly finished. It sounds like we have another sidetrack already funded after B1. Looking forward to finding out which one and then hopefully the wider 11-12 planned sidetracks already identified. By the end of the year our production and revenues could easily be many multiples of current levels. Then let's see where the SP is!! Onwards and upwards!

Surely our new contract must be between 4.5 and 5 bucks? Which would be a massive boost to our revenues. RNS this week I feel ;-)

Let's just see the result of WRB1. We must be very close to spudding. If this, if that is all hypothetical at the moment. If it flows at 600bopd will be different to 200bopd which will be different to if it doesn't improve on the current 50 or so. . All we know for sure is that we have a current stable 630boepd making us cash flow positive and earning a profit with a superb proven asset to go after. How many aim companies can say that?? Have a good weekend all!

Here's an idea for you rxdav, if you sell today and do one then you would be free! Oh I forgot, you're not a shareholder.

Come on Bloe. Time to blow! Onwards and upwards this week.

Are we FINALLY starting to see some news flow?

Come on Bloe! Time to move back up to where we should be sitting at 3-4p.

Maybe some are actually realising we are undervalued compared to many others , not mentioning any names (88e). Our market cap still beggars belief! Must be onwards and upwards very soon. Come on Martin, where's the news??

Still MASSIVELY overvalued at £111 million market cap. IMO. Block energy is actually producing oil and gas and selling both, is cash flow positive, zero debt, huge potential on their acreage and only valued at 7mill? You couldn't make it up. Block would have to near 50 bag!!!! to be valued the same as 88e was this morning. Ludicrous.

Excellent email goza. Let's hope for a reply asap the following phrase was also in the April 2020 RNS after we were informed about the suspension of the CL test.

" The Company looks forward to resuming the exploration well test when conditions allow and reiterates that this project remains a priority 2020 growth project for the Company and its partners".

A "PRIORITY 2020 GROWTH PROJECT" !!!
Not 2021, not 2022 but 2020.
We better get some action sharpish. We could/should be 3-5p if we actually had some progress. I cannot believe what little has happened in the last 6 months. It beggars belief.

I couldn't have put it better myself goza.

Sell your 100 shares and do one then. Otherwise you must think the SP will go up. So bashing away will really help your investment. Fool.

It's quite obvious we are not selling every barrel of oil produced exactly in each quarter. I would prefer that we hadn't sold too much and that we have a lot in storage to sell at the currently high prices. Did JKT not find about 2million recoverable barrels ? I would say that is worth £50 million to Block at £25 a barrel. Of course rxdav can't see the positives here and yet he hangs around. Strange! As far as Geo is concerned I haven't filtered him coz I enjoy reading his drivel.

Oil price up, echo down. Well done Martin! Another great day of shareholder value. What an absolute disgrace.

Maybe it would be a good idea to get Campo limite tested and Monte aymond hooked up ASAP!! Come on Martin time to show your face and update shareholders.

Boffer, I know you are still p*ssed but as a producing company of course the price of oil and gas is massively important. The more free cash we have NOW means we can re-invest to further increase production and therefore more free cash . There comes a point with so much production and revenue generation that it really doesn't matter who is in charge as the sp will reflect the money being generated. As we all know the company is currently in the best position it has ever been in and we all hope that the next sidetrack adds to the company's coffers. . They maybe finally everyone invested will FINALLY start looking to the future and forget the past. Onwards and upwards!