Member Info for Gary1960

Hello AL - yes I tried the link yesterday - it didn't work on my laptop.......

Anybody know where I can find the broker report from Tennyson.? I have looked but cannot seem to locate it - is it on the Block Energy web site.?

Thanks for posting the list I tried looking at a Non Alphabetical list (Pdf) online and nearly went blind trying to locate Block...........so if I get this right on the 26th of this month (Friday) all open short or CFD positions have to be closed or moved to 100% margin.?

The picture was lifted from the 2007 Holywood movie. "There will be blood" starring Daniel Day-Lewis.

Parker - I thought the trade size/ price looked familiar. You are aware that there was an identical buy trade at 4.30pm yesterday for exact same size 758285 at 3.5p each ......

Hi Hepseal - yes they are barely 3rd party companies - I was going to put those two words inside quotation marks but forgot. I believe it was the involvement (and enrichment) of Gneiss the financial advisors that got PIs backs up. Interesting to know that Ferguson is the head honcho there. More interesting to me was that there company address in London is a “gentlemen’s club” in Mayfair.

Having followed the Scirroco BB for some time I think the LTHs over there will be glad to see the back of him - in fact many have said so. He appears to have done little to bolster PIs investment and is widely viewed as having done the reverse. It is also apparent that he has reduced company’s Mcap by using third party advisors to charge extortionate fees. It is also reported that he is linked to these companies and benefits himself at the expense of the SP. DYOR

He’s a non executive director of the company and has been for several years you should know that if you do actually hold OEX shares. He was allocated the shares - he did not buy them.

Been mentioned on here recently - was it 325 Boe per day prior to shut in.?

What’s happening to the 3D interpretation- very good question but why are you asking us - why don’t you contact the company and ask them . Then you can report back and let us all know.

Hi Hepseal - I assume you are correct that the 3D was utilised in the formulation of the 2 stage development strategy. It is just that I thought (maybe incorrectly) that at some stage in the previous 12 months there was some talk of "the 3D survey being reported on at some point in the future" when the analysis had been completed. Would there be any need or requirement to do so.?

AJW (Or anyone else) - When would you think that the 3D seismic survey would be reported on.? I realise that the survey area was much larger to take in some/most of the Schlum acreage so more analysis would be required. However, the survey was undertaken during 2019 and we seem to have taken on a great number of technical specialists in the intervening months since .

Hi Thordon - Obviously something going on in the background - as you say seems likely someone (or a group) is building a position but have no desire to show their identity. I used the last couple of dips in the SP to do a couple of trades and add to my own holding here - currently I am in at 0.3% Showing a small loss at present but I don't think that will be the case for much longer.

Hi Thordon - I seem to be learning more and more as the weeks go by. Mind you my whole experience of Block Energy has been a 2 year 3 month long roller-coaster ride of highs, lows, nail biting worry, stress and excitement. I had not realised that there were 80 million shares unaccounted for..............hardly like loose change down the back of the sofa.
Loaning shares out - makes you wonder why that would be done.?

Thordon - Slightly off topic and maybe a silly question but I believe that JIM Nominees Limited and JIM Nominees Ltd are two separate companies - each has a separate entry at Companies House. The first; JIM Nominees Limited was a "dormant company" for a number of years ..............Also JIM Nominees Ltd (if you do a bit of digging) is a Limited Liability Partnership (LLP) . Does this mean that they have bought in on behalf of a private client or a subsidiary company within JIM.? Any ideas anyone.?

BB - My trade at 1.20pm was shown correctly 304K shares at 2.95p that was definitely a buy.............as
for the others - there seem to be an awful lot being shown in blue and no uptick in the SP. As someone
commented earlier on, perhaps there is something going on in the background that is yet to be revealed.

I am sure there are quite a few PI's in here who like you (and me) have been well and truly underwater when the SP slumped. Been doing the same, buying on the dips and bringing down my average to a nearly bearable level. Like you I have not sold one single share and luckily I can have the funds "on hold" for medium to long term return. Good Luck all LTH's.

Agree 100% with your post - this is not like building a shed or putting together a flat-pack cupboard from Ikea. Real world problems will and do crop up - environmental, safety, technical and political issues all come to the surface (literally) and have to be addressed. Sadly - it is not to everyone's timeline.

"Grow a pair" wow school yard abuse - what next ? Maybe a Chinese Burn. LOL

Capt'n Bob - That's very current and up to the minute. At least you didn't go all the way back to Charles Ponzi.............. Block energy is currently trading around the 3.8 and 4.3p range - once any positive RNS drops this will re-rate very rapidly. You are of course, free to stand on the side-lines and snipe, it will have zero effect on the way the SP goes.