Member Info for Gizzard

With more news due I believe we’re looking at 40p short term with £12M cash and revenue streams ongoing mcap to valuation is getting smaller hence major rebate. The IIs know the plans and have bought in this could get squeezed very quickly. Onwards and upwards

Part of the II placing

TR 1 notification 17% holding

Where’ve you been market waking up to the huge prospects here. Fully funded for the year and more.

I meant £1 a share minimum

One of the best wells in country in the past 30 years, incredible interest in Georgia! Accelerated growth plans by a factor of 4/5 times. Looking forward to £100M company minimum.

Just received this email follow up from yesterday:

Block Energy targeting 1500 barrels a day by end of 2019 as Georgia exceeds all expectations
Block Energy CEO Paul Haywood chats to Proactive London's Andrew Scott after closing the bookbuild for their new placing.

Block launched a £12mln equity raise to fund an accelerated growth strategy in the Republic of Georgia.

The cash injection will pay for the drilling of up to four new horizontal sidetrack wells to scale up production, the expansion of production facilities to provide capacity for 4,000 to 5,000 barrels of oil per day, and the acquisition of 3D seismic data.

Picked a few more 100k here last couple of days, think there's too much happening now particularly with Trinidad well appraisal campaign imminent.

Added, too much of an opportunity to miss at this price it was 12p a few weeks back and we're further ahead with our projects.

It makes no difference they’ve got II’s on board, do honestly think they’d stumped up £12M on a promise.
They’ve seen the plans to invest in new areas before anyone else grabs them. Bloe have stolen a march on some big hitters and if want in it going to cost. Are you seriously wanting the sp to drift so that the II’s put out. It ain’t going to happen this is a game changing opportunity for everyone. Keep buying!

Who's f-ing bothered

No reason for this to be down here, just Market Maker greed - laughable.

What do you mean selling less than they paid, don't think so, if they do they'll get snapped up. Can't win with some people this is a great company with no debt, generating income, ever growing market to sell to.

Expanding in country there are no negatives here apart from you know who?

Bought in two tranches earlier, this will kick off the closer we get to the Trinidad well tests in June, not long now ludicrously cheap IMO

It's just out of favour but not for long.

They're offering way over the bid, totally false market some people are being played

You can't buy under 1.85 they don't want you getting these cheaper but you to sell cheap.

Disagree, he's explaining where they stand re plans for the very near future. One of the best oilers around and we all know, some choose not to.

Went to 17p without backing, now with major backers who knows where to next.

MMs happy to collect at this price, I think there's a buyer, someone who wasn't part of the placing no - reason for it to be this low given that's making money all will no doubt be revealed when PH does his interview(s).

Picked up another 200k @ 10.36p amazed it's below the placing, I know Malcy's doing an interview soon.