Member Info for Gizzard

28p x 42,820,000 = £11,989,600 bingo. IMO

So they're going to issue 42,820,000 shares to raise £12M does make it 28p a share!

Not giving this away by the looks of it.

(the "Placing Price") is expected to be made in due course.

On the proper stock exchange

(the "Company")

15 May 2019

Exercise of Warrant



Block Energy Plc announces that it has today allotted 225,000 new ordinary shares of 0.25 pence each in the Company ("Ordinary Shares") pursuant to the exercise of a warrant. Application will be made for the admission to trading on AIM ("Admission") for the new Ordinary Shares. The warrant exercised had an exercise price of 4 pence, and amounts in aggregate to £9,000. The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. Admission of the new Ordinary Shares is expected on or around 21 May 2019.



Following Admission, the Company's issued share capital will comprise 276,131,218 Ordinary Shares which may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules. The Company does not hold any shares in treasury.

MMs always do this 3 x 66,666,667 trades 1 cancelled so one of them is a genuine buy of £12k

The Geemans didn't take 14.5% of the company on a whim, now we have an investment bank holding around 6% as of yesterday. In the rock bottom placing management got their first holding up to 2.2% so there's about 23% of the issued shares accounted for. We were at £6m cap, eqv 0.05p before the scoping study, now £1.8m even though the SS was very reasonable. Perhaps Sleveen was right and this is being lined up for JLP. They'd then have assets that weren't in a Pariah state. South Africa is quickly becoming the next Zimbabwe. The EFF taking votes from the corrupt ANC, I'm sure foreign investment is queuing up to get in there! lol Toral is a quality asset in an investor friendly country. I hope you followed the money after that cheap placing, if you can't beat em join em. I've now x3 my previous holding and may increase that to x5. If JLP were to bid $15m+ once we're up to indicated who knows the Geemans might even accept that. Not bad for a project with a current NPV of $110m, more when its in production of course. Regards, Ed.

The fundamental fact is that these new investors aren't going want the SP to tank, quite the opposite they've done their DD and made a play.

Why not buy them on a T20 + so you're not having to do it every 3 days

Looks like they’re messing about with the sp again just bought two lots 6.23M at 17.4 and 5.8M at 17 - let’s see what happen. Happy to top up now we’ve started drilling.

Same here, remember buying these 2 years ago and that's flown by. But added lower and at recent levels to reduce my average, probably got about £25k tied up in this which I will get back and some!

Other people have got substantially more invested..

He's talking about the time

This went into Auction earlier this morning for few seconds 20/20 did anybody else spot it.
Maybe there's another large purchase going through and it briefly spooked the MMs. I'm looking to the day when I'm sat on a small fortune.

Each to their own.

It's all about this:

https://total-market-solutions.com/2019/04/25/ceo-interview-block-energy/

16a - 3 more wells ready to go! We all know it's coming.

PH "Finally, the Company's management is currently working on a detailed operational market update that will cover its planned oil and gas development. The update will include the scheduled spud date for the sidetracking of West Rustavi's well 38, a neighbour and analogue to well 16aZ, plans for the appraisal of the field's existing gas discoveries, the acquisition of a 3D seismic survey and, a revision of the CPR consequent to the performance of 16aZ."

If you can afford to add, add.

Order book improving all the time, great interview revenue streams from multiple markets.
Relax and enjoy the ride.

NT for 15 mins just started to release.

So directors of Brandon Hill Capital have taken shares too.

Wonder what Oiltap and BricksSA and others think of this.

People helping themselves to more - like me. It will go back up.

NT enough said

2M at 0.75 thought so.