Member Info for faze1

they drop it on nothing what a joke

Block Energy
I had a number of enquiries yesterday about why I hadn’t written up the Block announcement, it was all very innocent. You will have noticed that i did an early flash blog as I was on the move and my first read of the RNS didn’t make sense as the choke sizes quoted were not comparable. I decided to wait until I could verify the situation and after a long chat with Paul Haywood this morning I am more than comfortable to remain very positive on the shares.

The misunderstanding on the choke size was indeed a simple typo, they have scaled back the choke to 1/8? in order to cut back production to 700 b/d from 1,100 as they need to ‘upgrade production facilities’ which probably means that they are short storage, after all who thought that this well would be a barn burner…?

However the company is already moving on and in short order will be drilling more wells anyway, they seem to have three sidetracks on the books with one pretty much drill-ready and I know that they are keen to go after all the associated gas with further appraisals there. All in all there is much more excitement ahead for Block and I am having a proper meeting with Paul after Easter

hopefully we can now move to a more respectable SP

yup those look like sells from earlier to me

starting to think maybe the larger trades are sells given the price action

prices?

1.1 million shares bought in chunks of 100k 200k and 250k lol same entity?

out of shares bid is now 10.28 vs 10.25 ask on ig.com

The Company held cash at 31 December 2018 of £1,975m (2017: £81,000).

nice couldnt get that low

This is silly the 250k buyer must have several order in place that they are trying to fill. Blatant now. So ill just keep adding down here too may aswell

Generally wouldn't suggest this but could us opening have an effect here i know they can trade uk stocks whenever etc but just been thinking today

surprised this is only 33% up on the day its had a good consolidation too but would have expected alot more. If this was on the american market it would have gone ape shite

looking good now

be delighted with 15/16p my man

certainly looks that way given the bid jumped up nearly 1/2 a penny

lol yup it was, but the bid has just jumped to 10.5 + looks like we may have fluked a good timing

i was bouncing between 10.475 and 10.6 but executed at 10.4 on a requote

10.4 i bought for just last one for me also

whos target is that now then