Member Info for Gary1960

Means I do not have to read the old carp being spewed out by the "knocking crew"
Keep on posting I will keep on ignoring you Mr Michael Skid-Mark and all the others.
Don't you have some old grannies to frighten or small children to terrorise.?

I think that was his move up on the housing ladder.

Maybe you should read some of the previous RNS's as a starting point. In summary the drill at WR16aZ was "producing" at around 250 Bopd and stabilising however when a production update was released the water cut on the production level was something over 70%. They are working to lower the water cut by using swellable packers and hopefully this should lower (if not cure) the water ingress. Block are currently drilling WR30 which will also side track and they are in the middle of acquiring a 3D seismic survey of the complete block at West Rustavi to pin point future drill locations. There is also the prospect of a sizeable gas find which will require building pipe infra-structure and agreed contract with a company called BAGO to purchase the gas. As I said you need to read the previous RNS's and look on Block's own web site for details.

"Not enough cement" ....................rotflmao.....Wicked but very funny.

Hello Maladoni - Yes I know it is against rules but I think even if they could post on the BBs could you imagine some of the posts that would be generated.......from the hang 'em and flog 'em brigade.? Any "street cred" they thought they had would be in tatters. Mind you being attacked by Michael Skid-Mark on here is similar to what Dennis Healey said about Geoffrey Howe "Like being savaged by a dead sheep".

Hello Sea7...............I agree with you 100% taking on the online forums for "damaging" share prices is not going to have any mileage in it at all. The related
piece in the Times had a longer section which raised the counter argument that free speech would be in jeopardy if some CEO's had their way. I thought it was an interesting notion that a CEO would "stoop" to reading online content and then complain about it..............to the point of wanting them banned - laughable. Mind you I am not sure that CEO's popping up on the BB's to have their own say would do anything for their "street cred".

Here's the link:
http://www.morningstar.co.uk/uk/news/AN_1570520609595395300/press-sirius-minerals-ceo-says-online-chat-forums-should-be-shut-down.aspx

"Blamed" for the down-turn in the SP of Sirius Minerals PLC. Some quite interesting points raised in this article about perceived links between postings on websites and impacts on company share prices. ADVFN and LSE get a mention - doubt if the FCA give a toss about distressed company CEO's but worth a read IMHO.

I am being "bad mouthed" on here by someone called Michael Skid-Mark.
All I can say is your posts reveal you in all your glory - I have never seen anybody agree with your posts except other cranks and nut-cases as loony as you.

I assume that the knocking brigade are still out in force..............don't you have some old grannies you can go and frighten or small children you can terrorise.?

I will probably not be attending but I would just point out that if you want to exercise your rights as a shareholder then you can vote on all six resolutions by downloading the proxy voting form. I had a quick look and the first two resolutions are the re-election of Paul Haywood and Christopher Brown as directors of the company. Here's the link to the proxy form. You just need to print it out, fill it in and send it back.
http://www.blockenergy.co.uk/wp-content/uploads/2019/10/256492_block_energy_proxy_oct_19.pdf

Working fine all I see is GREEN BOXES.................lots of them - keep posting your drivel and I will continue ignoring it.

"The Mystic Mike Show" it is meant to be a discussion board based around investors in the company Block Energy. I would like to say that although it is quiet in here at least the SP has levelled off and on the appearance of some positive news the SP will start to head North again. In my view just a matter of WHEN not IF.

Is no doubt being trotted out by the usual suspect - Let me see how it goes -"At least Mike Buck is consistent and he updates the market regularly and we know exactly what the situation is and we are well informed." That's not really difficult is it. what it adds up to is "We spent the money, we got a duster and there will probably have to be a raise to fund future work". AS usual DYOR

Means that most of the board is green which means that the "Knocking Crew" are still infesting the BB. Thanks to the filtration system I am not bothered by their posts. I strongly recommend other board members to consider using them - since I started using them I am much calmer................

We will see in due course.................

Not to be pedantic but it is Haywood........and yes the company regularly "monitor" websites (including the BLOE chat pages of LSE). No doubt they will take action in due course. Having read some of the utter guff that has been spouted about PH and the BOD on here I would not be surprised if he took legal action on his own account - he would be almost certainly to win a libel case IMHO.

The Georgian project at the Samgori South Dome gas storage facility is underground and huge - it has a capacity of 300 million cubic meters of gas (i think that is 9 billion cubic feet). They obviously are expecting a lot of gas to be able to fill that void space.

Hi AJW - I am sure you are right on the mediation measures that should be able to improve the situation regarding water ingress. All of the info I have read up on Georgia and oil production often mention that the geology is difficult to work with and that has certainly proved to be the case with WR16aZ. When I was over in Georgia earlier this month I drove up the Samgori Pass and out to the Khaketi region - it is very mountainous and it must prove a real barrier if you are working at altitude as the roads are terrible and access must involve some degree of raod improvement/building to move heavy machinery around. I cannot recall if Block work in any of these type of locations. For myself I can wait this out until things turn the corner (literally) - money I have invested here is not "needed" in my bank account until a few years have gone by.

Hi Rob - Its probably a greater chancxe that the SP will rise over the next 2 months or so. I put money in here as an "Investment" looking to a 3-4 years period not a quick "punt" to be in and out in weeks or months. Rather unfortunately we are cought up as PI's in the development and learning phase of the process. My view has been that the gas could be the real "earner" in the mid term. Good luck all LTH's.