Member Info for bobbbyrash

Just a waiting game on news from 51. 38 is just conserving resources until it can be monetised, no point wasting gas.! 16 news due very soon hopefully with an increase in production. Pipes being laid. Forward plan being assessed relevant to current operations and results. Like I said , just a waiting game for now.

In the last RNS we had confirmation of an oil and gas discovery flowing at commercial rates and we are valued at this ridiculous market cap! You gotta laugh. The re rate will come after next RNS in my opinion once we have further confirmation and updates. Then once the gas is connected it will be game on!

Loads of gas . I like that problem ;-)

No maladoni, but she just told me last Tuesday nights lotto numbers if that helps ! :-)

Mystic meg is predicting a blue day and who am I to argue?

I agree, well undervalued !

Thanks hepseal! I feel step by step it's coming together. Looking forward to news on 16, update on 38 , latest from 51, gas infrastructure, 3d results, next well to be drilled.... Mmmm plenty coming up in the short, medium and long term! Bring on tomorrow!

Off topic . Anotherlambo, have you already got one?? Lol

370 :-)

And at 9:10 am that £360 k was a BUY!

Just something to consider now. Sound energy made a big discovery in summer 2016 (as many will be aware) and ok drilled a few dusters after that, and here we are nearly 4 years later and they still don't have a route to monetise that gas. No revenue, cash burn each and every month. And we know where the company are at now. One thing I realise from Bloe (which I think others forget sometimes) is that we are already creating revenue from these first few wells and we all hope it will increase with the next few. We seem to have had the pleasant problem of producing more gas than maybe at first was anticipated. Therefore the need to monetise the gas has arisen a bit quicker than maybe was the original plan. Oil will produce some nice revenue and we all hope the gas will be the making of Block energy! Therefore the current operations to monetise the gas from current and future wells has to be commended in my opinion. There is a lot going on on the ground and I'm sure very soon we will be updated with progress! If things go to plan then I believe the foundations of a very successful company are being built. But we all know it's never quick enough for us pi's. :-) as SOU have found out, gas in the ground is near useless without a means to monetise it!

What a crazy rollercoaster day! It makes no difference if you are holding for 30p upwards ;-)

Enjoy your whiskey Groover! Let's see if we hear anything next week from team Bloe!

It's quite simple for me. I believe one day in the not so distant future this company will be worth at least £150 million with steady production and a lot of gas . So 40p minimum which is a 10 bagger from our current £15m market cap. Easily achievable with success on the ground. Many other oilers have been worth that and much more, some with discoveries, some with nothing but hype and continuous exploration without any revenue. Block will hopefully be producing a steady cashflow after these upcoming wells are completed and the rest as they say......

I agree hepseal. Last RNS was positive on all fronts . Lots going on on the ground. People moan when we get pictures on twitter of drill and other info and they moan when nothing is published. The next RNS will come in due course and the gas will be connected soon and the oil continues to flow . The next few months I feel a lot will suddenly take shape. It's no good having loads of gas if you can't sell it! Operations take time and minor delays happen! My god travellers can be delayed driving a few hours if there is a crash on the motorway! Once the forward plan becomes clearer I see a better valuation of the company. I have been looking at other oil and gas outfits with many multiples of our market cap that makes us look silly cheap. Patience is all that is required for the moment! Enjoy storm Dennis folks and stay safe!

I honestly feel we are like a coiled spring waiting to be set free. With good RNS we could go bananas!

Assuming 2 discoveries then this time the sp and market cap will be based on fact not fiction!

This Santa Cruz well could be a 60bcf+ discovery! Waiting game for now!

Marky I also think 20p + is possible. If these 2 wells are successful then there is no reason we can't be up to £150 m market cap!

My god does this share need confirmation of a big discovery.