Member Info for Cautious11

Ok Hepseal if you say so. Let’s just trust everything they have said because upto now their track record has been flawless. Lol. And a few photos would cost thousands to produce

Hepseal I could be on site but doesn’t mean I’m doing anything. After 8 months of PH stating the Bago contract is to be signed it actually got signed stating gas offtake by Q1 and this was after months of know doubt discussions then within a couple of weeks a Rns states gas offtake goes out to Q2. Just shows you PH hasn’t got his finger on the button. What’s to say it won’t go out to Q3. Nothing. So that is why i would like visual proof that things are progressing. Surely not a lot to ask if nothing to hide
Of course thordon it’s all smelling of roses

Another week gone and no one any the wiser. Yes probably nearer news. 16 could go either way and we certainly will be the last to know. 38 still probably shut in. Anyone’s guess and that’s all it is. With the big water cut which seems all of a sudden acceptable now, I’m i right in thinking we are being charged 9 dollars a barrel to dispose of the water which I may be wrong but nearly 30% of the profit of the barrel. 51 still drilling but if a similar result to 38 then fairly good but with the same water issue. 3D seismic still awaiting results. Are Bago on site, not a clue and no proof of it. Were are the photos when ya need them. ( trench’s, site vehicles )
This isn’t negative Tony just honest. 10 million dollars in the bank!. Don’t people ever question anything. I’m not on here to get likes, just to get some reality

Well i see you are a premium member so you must be really clever lol
The shares I follow 24% had Rns today so they disagree with you and I didn’t mention the markets and said it didn’t effect this share which is all about sentiment.
Carry on living in your little cocoon and believe all is good with this share because we have not had any problems or deceit. Have a nice day

The price is were it is because currently we are only producing 25bopd from Norio
Yes a lot of potential but no guarantee.
16. Still awaiting news if the relining has been successful or not.
38 still probably shut in and the way 16 went, it’s always in the back of your mind
51. Still drilling, hopefully with lessons learned could be a successful well
3D results still being analysed
Bago. Apparently pipes being laid etc, but would be good to see the trench’s etc on site along with Bago contractors (photos please)
Once someone is caught out by being conservative with the truth ( and that’s being kind) it takes time to regain that trust.
Coronavirus has nothing to do with this share price and anytime is a good time for good news. In today’s technological markets news travel fast

Hepseal that was the only reason he was on and unfortunately it meant him answering other questions... re Amati I do t think I have ever mentioned them. Their Tr1 going through with the 11million +sell was virtually offset at the end of the day with the 9million + purchase
I’m sure you must have seen it

Exhik Thankyou for that. It looked to me to be an awkward interview. I always thought the questions were prearranged and other questions should have been asked. The only reason he had made an effort to go on there was to explain why Amati had sold part of their holdings

Eurofil I see you only recently bought in so you’ll know it all.
I think the city are a lot brighter than you and the current share price reflects it

Talk about coincidence, So when was the last time we saw PH on a podcast, at least he made the effort, and that was just about what it looked like
So well 38 still not back in production despite certain investors on here insisting it was
Well 16, still holding our breath
Nothing mentioned about 3D
A very quick interview
See what next week brings

The problem is people don’t forget and why should we. The car crash which was 16 and Bloe’s communication or lack of it with regard to 16’s water problem and then trying to pull the wool over our eyes regarding the average bopd for this well in September was at best shifty
Then being told by the office that gas purchasing would begin 8 weeks after gas contract signed which was a down right lie. Then a Rns stating gas purchases Q1 then next Rns stating Q2.
Then peeps on here saying Bloe have learnt their lessons and the last Rns was more informative, which it was but still left us with doubts.
The Q & A which was supposed to have been done months ago and still not sorted. I don’t think this is that important but just goes to show they aren’t that bothered and just say what they think we want to hear which actually was said to me by the office
Well 16. How is it progressing, and we don’t know if it will be successful
Well 38. Is it still shut in, we dont know. Some on here say it isn’t but they have no idea
Well 51, how is it progressing, no idea
3D how is it progressing, no idea
Bago progress, no idea, are they actually doing anything. No idea
The problem is trust went out the window with PH last year
If he really wanted to give confidence back to share holders there would be regular updates if nothing to hide. Others on here disagree. Fine but see the company as it is not as you want it to be
Yes this company could well be very productive. But let’s please be realistic

Jaytee a bit like his last comments, they came to nothing. He is a trader and has no more of an idea than the next person re Bloe
Rns will turn up at some point. The frustrating thing is we could be getting regular updates but there not interested, apart from the odd morsel of a photo that could be from anywhere

Tsbs could be but we don’t know how long the order has been in awaiting filling

To start with if the corporate ii’s have averaged down then that means we would have seen 100 million buys recently just from them without ordinary ii’s buying so obviously not factual from you just an assumption or it just fits in with your rose tinted glasses
Re time scales, who knows, I don’t and you certainly don’t, again assumptions
The end of October Rns for the gas contract stated gas sales by the end of Q1. Then in December that went out to Q2, bearing in mind they have been discussing the gas contract for months they didn’t even know how long the infrastructure would take. So any time scales are just guess work, How p@ss poor is it that they couldn’t even get the gas sales date right, and who is to say that may be extended. I’m not saying this may not come good at some point but at least I see it as it is and I’m not prepared to deceive myself just for the benifit of bloe

Ajw. Ffs are you making it up as you go along. So the corporate i’s will have averaged down. You don’t know that, they are probably fuming. Corporation tax loss can only be recovered if you make a profit. I hope they have better investments than bloe.
And now your saying 16 test report will be April and 51 in June. Why June!!!, Gas sales are supposed to start Q2 so by the end of June. So on that basis gas testing is allowed for 3 months surely we could get flow test rates in early April
Your only holding until the casing joint success or failure of 51, so 2-3 weeks then

Ajw. Can you break down we’re you think they have 10 million dollars left, I would say nearer 7 million taking into account paying for the 3D plus 2 wells and 51 on the way also additional equipment required for 16 and testing equipment from Canada for 38.
And back on 38 we don’t know how long the shut in will be for the testing. So no guarantee that it has been opened up again yet. Re Rns with your rose tinted glasses I’m sure bloe don’t need to update us because everything has always been rosy in your garden.
The amount of time and dedication you put in here I would say bloe have badly let you down going from 17p to 3.5p. I’m sure you will say your average is only around that figure even though it was over 6p a while back.
I wish PH or anybody else working for bloe had put the same time and effort in as you, we may have been more forward than we are now. If you are out with PH this week can you kick him were it hurts

Please don’t pull the wool. There is nothing to say they have not stopped testing 38..
and regarding communication. When was there news to say they had been allowed to continue gas testing until December. If Hepseal hadn’t rang it would not have been known. Pack in covering their a@ses. At the moment we might just have Norio and it’s declining production of 25 bopd
Facts

Ajw 38 was shut in on the 31st January for tests. I’m not aware of any notification to say it is open again. it would be good to show some pr and let us know when it is producing again. Facts

Bring Mike31 back. Dead opposite but slightly brighter than T Fawcett. Both detrimental to this board. Massive deramper, Massive ramper. Get some perspective for gods sake. It’s like being read nursery rhymes

Marvellous.. 2 days ago hillbilly and ******** oneandonly would be saying they were definitely sells after ****ging this share for weeks. Now they have purchased they are possibly buys and a great share. Then next they’ll be moaning that Aim is corrupt.

Cheers Hepseal