Member Info for kenniGT

This is criminal.

This lad from BOD will have 1,515,152 for 1.65p
I had 1,700,000 for 7.2p

Feels like stealing from investors.

That was me posting this :)
We can add Block Energy as well:

UKOG 200bpd (~130net)- MCap = 56mln
Block Energy 1100bpd (100% own) - MCap =48mln
Lekoil 5800bpd (~2350net) - Mcap = 21mln

Good point boblondon.
Soon UJO MCap will be to high and people will start to think, who else have share in West Norton.
And they will realize, they invested in wrong company :D

Adam07, 1.62 sell was rather good? Dont you think? I coudl not do it today.
Thank you with buying back in suggestion but for a moment I have better prospects. I can share those with you.
For instance:
Block energy have a rig for full year and will be drilling back to back from the field which flew 1100bpd. 50mln valuation. Lekoil 5800bpd, 2350 net, plans with major and schlumberger to drill another 3-5 wells. 21mln valuation.
And i3energy, 50mln valuation, rig in August drilling 3 wells, expected 20000bod.
I prefer that than random pump and dump crated here by MMs and than waiting for news mid 2020...

itisagame, might be, in my eys 2.5m should be their valuation at the moment. Rest what they have will be spent on salaries. And no income as we know till mid 2020.

This is really staggering, adding one payroll to company billl for who knows what reason and sp is going up 30%.
MM will have fun here

UKOG 200bpd (~130net)- MCap = 56mln
Lekoil 5800bpd (~2350net) - Mcap = 21mln

This means...
...Lekoil is massively undervalued at the moment

What should be the SP after relisting?

What I understand they just increased holding in West Rusavi from 71.5% to 100% for 1% dilution.
That is great achievement!
Aprox 4mln shares added to 389mln.
Well done Block. This shows Block cares about investors!

In this fjord there is couple rigs. Looks like they use them as parking space.

Ok it says per annum in document. Missed that.

parkez I was shocked as well. Here is the link

https://www.londonstockexchange.com/products-and-services/rns/rns-pricing-and-policy-guidelines-2019.pdf

RNS costs companies 20k. I am sure they put there as much info as they can to avoid another RNS.

I am researching I3 over the weekend and two oil fields prospects looks huge if executed as expected. I would say Mcap should multiply many times. Cost effective solution (next to existing Blake field) make a lot of sense. GL All.

Thank you all for informative sensible posts. As new investor here I do appreciate knowledge you shearing. I might top up a bit after weekend.

YinYang, I hope will be careful this time, thank you for reminder.

YinYang, yep, my frustration is still there but I left crucifying to themselves. QA shows they do not know what they doing or lying.
YinYang, of course it might not produce 1100bopd. It might be a duster. That is risk and nature of this business. BUT in Gorgia they have support of government , equipment, good play, time and monies to drill and look for it. Not like in UK, 2 years for planing application, protesters, Councils, high cost, another planing application.... 5years and tens of millions per on shore drill.. Crazy.

YinYang good to hear you made a profit on BLOE. I am hoping the same. I have in my watchlist over 20 companies now and will be tracking them, waiting for opportunity. Yep, with BLOE I am a bit late but 1000bpd+ plus more wells with 49mln Mcap is still low I think. I would forget Angus if I were you. They lost all the trust. Kimm not mature enough now and for 2 years it WAS mature enough. They simply do not know what they doing or they just lying. Either way not worth a penny. GL

Hi rxdav, yep after holding for too many years I decided to spread investment and look actively for opportunity. Block looks really good here. With new wells they can achieve 10000bpd and there is no Surrey County Council in the way. Opposite, Georgian government is supportive. My company have tunnelling project in Georgia and we have 2 engineers there for 1.5 year now. Country is very beautiful and stable. And that is good for investment.

LOL doing worst should be impossible, but we still can do bad ;) So need to be careful. I jumped into Hurricane, and jumped out today with profit. Got also I3 Energy and risked a bit with Lekoil. We shall see. GL. Good to see you here.

UKOG 57mln MCap - 200bpd.
BLOE 49mln MCap and how many bpd?

So, I wouldn't be so worried. Looks like BLOE is undervalued.