Member Info for gregpeck7

Sells being eaten up, looks like a buy order in... last chance to get in under 7p?

Just look at the substantial gas flare on their twitter site :D Thats enough for me.. The gas is there and its mobile!

No surprise.. II's that wanted to reduce look like they are finished and a lot of people still want to get in on this story... Some probably waited for the churn to end... This could go 7p+ very quick now...

NT for any volume...

double digits should arrive very soon IMO

Yes they have an extension option on the drill, which I am sure they will take..

200,000 online limit now... Looks like finally the overhang is cleared...

300,000 shares available online.. Is it the end of the supply?

Pretty sure seller is done... Just need some chunky buys now and this starts moving quick IMO.

https://twitter.com/BlockEnergyplc/with_replies?lang=en-gb

How much have we got on our hands!

http://www.blockenergy.co.uk/wp-content/uploads/2018/12/block_energy_initiation_report_5_dec_18.pdf

When is the Schlumberger well due to complete?

Conservative.. Potential big has play here... That is why I am invested and it can be funded by the oil.. .A bit like a mini Genel.. Say 1000 - 2000 bopd in 12 months time... That should give FCF of between 15 and 20m USD.

Based on that it would be a ten bagger... That seems unrealistic, but this only has a 15m market cap.. Based on what we know NOW I think it should be valued in the 30 - 50m range... But this story is just starting...

GP

At least they dont have many left to clear.. Cannot see them reducing to zero either so they may well be almost done.

Guys this is a dead duck..

BLOE will have an update on the best well drilled in Georgia in the last 50 years shortly... 15m mkt cap.... Potential multibagger not multi shrinker....

Sorry to say JOG is done.... Get out while you still have something...

Yep a lot of common sense, whenever a stock does a very big one day gain there is an element of catching its breath before moving on again.. I suspect the next move will be into double digits, just no telling when it will come.. If a few million buys land it could be this afternoon... Very real chace of news every day we progress from here...

Exactly, some people will have 50% profit and take some off the table... Seems very premature to me but evryone is different... Its such a new listing though there is only so much stock out there, and the buys are slowly chewing through this. Once the sell is gone, this will fly.... Just a case of being patient. News could clearly change everything...

MM's on the move again, just one left at 6.5 now.. Was 3...

My mistake, maybe it was a sell....

That was a buy from earlier and is why this has shot back up... Another one of those and we are laughing..

Looks like a small overhang still needing to be cleared.. Once it is gone this will fly... almost 70 million shares traded last 3 days so it should not take long...

Agree, its a cracker, I have added twice since my initial tranche and very happy to keep adding. I think the nice thing here is the play is now significantly de risked for what is in effect a 50% premium on a very low market cap

That works for me

Online limits down to around 200,000 (it was up to 800,000 yesterday) so I think our seller is gone...