RE: New thread for safety25 Jan 2022 10:37
We know they are going back to BA now to do another sidetrack funded from production. They seem confident in raising production there, another 200-300bopd would be a fantastic outcome which would add a further approx $400-500k a month revenues then we can be sure that all further 11 sidetracks will be self funding hopefully adding more revenue and therefore more cash to reinvest in the growth. You need money to make money and thanks to yesterday's RNS we are off and running. I firmly believe we have a good, professional and very knowledgeable team in Andrew Moncur, Paul Jeff's and Stephen James. I urge new investors to watch their recent videos on YouTube explaining the geology and the techniques they are using to unlock it. We await news on gas connection from JKT this week or early next and then the return to WR BA. At long last the future of Block energy has turned a positive corner and I'm sure this year will reward us as the story unfolds. Just wait for the excitement when we re enter Patty well and go after hundreds of BCF's of gas. Onwards and upwards!!