Member Info for Gary1960

You are posting on a public BB and anybody - including Paul Haywood can read the sort of shiite that you are spreading around about him and the company. I would get yourself well versed in "how to face a law suit" once PH's honesty is brought into question. What you have written on here is libellous - plain and simple and you deserve everything you have coming to you - including a large bowl of Mongolian dust courtesy of MATD.

TallPaulNY - Yes it's the only way to deal with these type of people - either that or get down and join them in the gutter.....................

If you want to be upbeat go ahead do not let the "potty-mouth brigade" urinate on your fireworks. This is an ENERGY company building up to become a mid tier oil and gas E&P within Georgia. As people have said on here before - it's a much more involved activity than shed building. I can see both sides of the story being put forward on this BB - it's just that I see more of immediate relevance in the positive outlook than the negative one. I think SEA7 made a very salient point which many people may have overlooked - do you value the company in the round or just bean count the barrels of oil day by day.? It might make for interesting reading to see how some people change their tune over the coming weeks....................you know who you are.

Biatch...........

There is a couple of websites that might be able to help:
www.*****-slapped-with-a-wet-kipper.co.uk
OR
www.metaphoricaly-chinned-by-some-nutter-wielding-a-large-ego-and-shares.co.uk

Sea7 - thank you for your reply. I think i am working on a slight more cautious set of variables allowing for "Murphy's Law" to raise issues but I see no reason why the SP should not head North soon but as you say it needs notification on the well clean up situation, oil flow rates, gas take off infrastructure and Bago contract, etc, etc............

Hi BigBoffer - one of the other "sane" voices on here - the only small fly in the ointment production wise seems to be what a lot of people are pointing out the agreement for the gas take off and the tie in to the gas supply network - not an overnight fix in my view. Yes the oil is a good selling point but not easy to monetise as they seem to be held back for various reasons - well clean-up, transporting, storage, flaring gas etc. The market has not responded well to the last RNS and in the absence of any updates or production figures the SP seems stalled or
yo-yoing around the 8p mark.

Hello Sea7 - One of the few "sane" voices on here at the moment if you do not mind me saying. Reading between the lines of some of your posts and based on my own crude calculations am I correct in my view that currently the company could be undervalued.? In my view the SP could be somewhere between 12p and 13p except for market forces (or lack of them) and negative sentiment. Is this how you see things at the minute or is my view "rose tinted".?

Showing as a sell - that's my purchase 12,345 shares - usual red/blue phenomenon.

Last time for me - 12,345 shares at 8p bought just before 2.00pm that's the last of my "slush fund" spent. Time to get hunkered down and wait it out......... GLA.

Thanks SimonT - I could not get me head around the split and the quoted net back on the production. Hopefully that will steady some nervous types out there. Anyway - you made the figures on the profit sharing much clearer. Cheers

I think the profit sharing is as described - Bloe have 100% Working Interest in West Rustavi - not 100% profit - after taxes and the split with the Georgian Gov - Bloe have about $35 clear per barrel. I always thought of it as Block Energy securing the right to be a "sole contractor" on the drill side. Maybe I am wrong.........anyone else.?

Bloe SP today 8.0p
Bloe SP May 2019 - 17.0p

MATD SP today 8.1p
MATD SP Feb 2017 - 37.0p

That clear enough for you Mike - go back to MATD and crow about your wonderful "Progress"....................maybe you should start bashing MATD.........they seem to deserve it more based on performance. But as always DYOR

Exactly what I was thinking myself but you probably summed it up much better than I could. The SP has had a bit of a knock and I think some people (we all know who), operate on the basis of "don't punch a man when he is down on the ground - kick him it's easier". We all know the salient information that have led to this point - we do not need the "knocking brigade" trying to give the share a good kicking. I am holding long - I have no need to day trade the shares I hold or take a quick profit on a "swing" trade. It is undoubtedly difficult for those PI's who bought in at the rise from 12p-17p but as other people have said the SP can rise rapidly with some more positive information hitting the market. GLA please DYOR as always.

Since I have the filter set on for Mike31 and his mate Barnet Peter - I have no idea what is going on. I suspect Mike is talking shiite as usual - people try and put him straight and he doesn't like it..............Sad Sack.

Thank you for letting me know you did not buy in when the SP was at 17p. I will be able to sleep much better tonight.

Yep - same here - bought another small slice at 8.2p - there seems to be a persistent buyer for 250k at a time - it is not me.

You are also on the Poo Poo list with Mike 31........ where you belong
Byyyyyyyyyyyyyeeeeeeeeeeeee

Feel free to sprout your own brand of home-grown ******, I have added you on my filtered list.
Ahhhhh the joys of technology.

Actually GaryN yes I did buy in sub 4p and I did not sell at 11p
My decision to purchase and hold long was made all on my own - you were not involved.
I read around the company and their mode of operation and did my own "due diligence".
Looks like everyone wants their picture taken in the winner's enclosure, sipping champagne and not
standing there shirtless holding a dud..............................DO YOUR OWN RESEARCH.