Member Info for Hall123

mms will let this blow today surly

wow flying back up

I think the hype of this RNS alone is rising this SP.

Will be nice ifs its a 7am RNS, start the day winning.

I agree its a big day tomorrow lets get this confirmed, huge step to progression and success.

Is this the rise towards close..

This is the share to watch next week, plenty of interest and plenty of rising. GLA

Americans will be in soon.

I feel the same , it almost confuses me how low the sp is here.

haha lets hope so, I cant see why it wouldn't be.

looking good?

Completion to occur on 23 November 2020, subject to certain conditions;· On completion, Block to take possession of approximately 29,000 bbls of crude oil inventory (the "Oil Inventory"); and· Schlumberger to enter into a transition services agreement with Block, to assist with the handover.As soon as you take away the, 'subject to certain conditions' part which will be as of Monday, you could confidently presume 20p plus surly.

few guesses on SP spike on monday?

topped up 4.59 , ready for the next wave today 5/6p

No cash consideration. Instead, options over Block's share capital for the Acquisition conserves the Company's cash reserves.

· Acquisition of producing Block XIB (615 km2) and exploration Block IX (1,925 km2). Block XIB is Georgia's most productive block, with over 180 million bbls of oil produced from the Middle Eocene, peaking in the mid-1980s at 67,000 bopd.

· Boosts 2P reserves of oil and gas by 64 million boe and initial production by 245 bopd.

· Offers approximately 600 BCF of initial-gas-in-place in the Lower Eocene and Upper Cretaceous, following Schlumberger's recent appraisal drilling.

· Increases 2C contingent resources by 29 million boe and offers significant upside potential of 245 million boe of prospective resources.

· SRCL has a cost recovery pool of around US$133 million on Block XIB.

· Includes oilfield materials inventory of US$1.5 million in value, estimated by Block.

· Includes central production facility with storage for 36,000 barrels of oil, a workshop, a laboratory, and a compound with an office and warehouse.

· The new permits share synergies with Block's existing operations.

· Minimum work programme fully fulfilled on Block XIB and Block IX.

· A term of 14 years remaining on both permits with possible extensions of five years.

BigBench, I agree the news doesn't seem to have reached the masses, it will soon enough being no.1 on the risers. GL

how is this only 35% up, alot more upward movement to come today i agree.

Eva , exactly why i bought in today, great value. GL

To be fair there is only one way this SP is going and we all know it.... UP

and here we go