Member Info for Hepseal

Come on Rob, my mate Chesh is not a Troll, certainly not as far as Block Energy is concerned.

(mind you, don't always understand what he is on about!!)

So, City, Roley and Dave now own 6% + 5% + 4% = 15% (min)

I suspect that if things were going wrong on site you would be seeing a few more sales by now so I would say no news is good news.

Is it you Dave??

Lothbury - a bit academic but slight correction, there are now three TR1 holders with a combined holding of at least 13.15% - two of them have stated that they have added a few more in the last week since the above figures.

An accident with the carpet knife??

Guzzler - That is the problem, we are left to "imagine". Even if we were not given specifics a quarterly operations update would be better than nothing.

Roley - As you are somebody who is close to the company and a significant shareholder do you have any comments on the matter that we are discussing?

Agreed Guzzler, do not see how it is possible to reach the Puma's revenue targets you have posted but trying to find some positives here.

Looking at the NFT business as a whole and starting with the latest Pumas Prize draw edition:

As price is set low at $5 lets assume a sell out target of 10,000 sales.

Total revenue based upon £4 per sale = 10,000 x £4 = £40,000

MOS share based upon £2 per sale = £20,000

Lets assume from all clients 5 similar drops per month = £200,000 total revenue, £100,000 MOS share

Over 12 months that would = £2,400,000 total revenue, £1,200,000 MOS share

All the above is totally speculative and absolute guesswork please feel free to pull it to bits, just trying to get a handle on what is going on here??

So, what we now need to establish:

How many NFT's are there in the latest Prize Draw Edition?

How many will the average punter buy and will the edition sell out?

Anybody got any additional thoughts or information?

And on the 30th Sept, 21 you could sell at 0.6807p

Similar numbers but with the decimal point moved a notch to the left!

Hi Chesh - think project 11 should be self funding.

And when we get dem results the share graph should go H to V.

I would agree City, we are all "clueless" because the company does not provide any regular updates.

LiveScores services - current position and revenue

IGS partnership - current position and revenue

Streams Data saas - current position and revenue

NFT business - current position and revenue

IMO what this share needs is some transparency in reporting information:

LiveScores services - current position and revenue

IGS partnership - current position and revenue

Streams Data saas - current position and revenue

NFT business - current position and revenue

Welcome on board Delboy - If I may say so a very succinct account of both Block's position and yours, look forward to seeing your TR1 in due course!!

Chesh - I agree 50 bopd for Project 2 wells costing 100k a time is fine, but I thought we were talking about the current Project 1 well costing in the region of $1.42M - Anyway, all looking good so far.

I would agree Oldlogger, Block are finally getting it together, however I think 50 bopd would be regarded as a failure, especially as State of Georgia have to take there share out of this first and Block only get to sell the remainder

Estimated cost of WR-34Z well = $1.42M (from CPR)

I believe Block are targeting minimum flow figures of 250 - 300 boepd for WR-34Z (i.e. similar to adjacent wells JKT-01Z and WR-B01Za)

Chessh - IMO I think next week is a bit to early for results, but they are getting closer by the day and I am feeling quite optimistic.

GLA

Cheers Chesh

Guram - "progressing as planned" - so far, so good!!