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Patience is not the ability to wait, but the ability to keep a good attitude while waiting.” – Joyce Meyer
We are funded to test and drill another well.
The research is out there.
Enjoy..........
For clarification:
I said that funding will be required at some point in time. Various ways to achieve that and all depends on test results.
My point is that we are fully funded to carry out the testing and drill one more well. My understanding is based on the RNS. It is a legal document. Are you saying that Predator are issuing false financial figure?
I therefore feel it highly unlikely that predator would look for more funding before issuing the sand jetting results.
It would also have a massive negitive impact should we attempt to raise more money without proving up anything.
The only addition fund raise I would personally approve would be to finish off MOU-2 and additional funding to test MOU-5 and 2. (Not sure if Mou-5 is funded for testing)
The time scale has slipped but the research still keeps me firmly holding tight to my shares.
You state " my opinion " and that's all it is.
It's almost comical to watch how the various expert's post. First you get a long time troll hinting about funding needed. Then it's seconded by another poster who is not even invested. Like buses I expect a third attempt (or more) at undermining the share price. Paid trolls are part of the game.
Funding is always needed, everyone knows that, but not at this point in time.
First we will carry out the fully funded sand jetting program and next drill.
I will write again "fully funded".
So....Do we believe in your personal view or a legal document with the wording written in an RNS?
Everything, including funding, will be dependent on the test results .
A thumbs up to Jimmy. Keep up with your honest thoughts. Always welcome.
It's down to trusting your own research and knowing that despite the hold ups nothing has changed with the potential value of Predator.
We will test.....
We will drill one more well...
It always brings a smile to my face when a poster, W B in this instance, decides that he knows every single individual investor in Predator and then caterises them with a fake, superior and intellectual, understanding about anything and everything. In reality you know nothing and you add nothing.
There are tens of thousands of investors that are looking at the potential of this company. Do you know them all personality?
There are posters on here that carry far more weight that you. The reason for that is they have researched and they try their best to give a personal interpretation on things.
I invested due to my own research and until the testing is finished and results issued I hold film.
It does matters what anyone says at this point in time and the share price won't move until the sand jetting starts. Then it will be down to the results
Idiot.....
We will test our wells........
And........
We will drill another well.........
Then....
We will then know where we are.........
Hold and wait or sell.......
The research is out there for all to read.
Have a great day!
Trinidad is not worth 10p a share. Maybe 1p at best.
There is great potential there but way too early to add that kind of value.
Ireland is not priced in either.
Morocco reflects a great asset that has not yet been tested. Testing results are key to the end game.
Another step in the development of our Trinidad asset.
Paul and Lonny should have more time to focus on Morocco. That's where the real potential is.
The testing should happen soon 😎
I've more or less switched off from the testing program but it will happen.
Spain is starting to warm up and another summer of fun approaches. Life is good and if all goes well with predator then this year is going to be massive for me.
Good fortune to you all.
Morning....
Ryan is totally out of touch with reality. How much longer can stupidity last?
Could be interesting times ahead for Predator in Ireland.
That's one of the funniest posts of the day 😂
The bold goes on his other account to big himself up.
Actually, it's not funny is really sad that people have this desire to troll.
The bold, who I filtered ages ago, adds nothing of value.
Pathetic......
Welcome boff, the new investor 😆
I am very pleased to see you are an happy investor.😆
I knew you'd come round to loving PH !
One way or another this company has to find a way to make shareholders some money.....
The cash positive is fine for now but without any new works the money will eventually run out......
They do want the oil and gas in Georgia.
A farm out or sell off this asset will be the solution......
But can our hero pull that off for an acceptable return ?
I'm waiting to see the year end figures.
Things are moving.
Morocco: we can now see that the sand jetting and drill will happen soon.
Trinidad: Lonny has looked at potential wells to add value to this company.
Ireland: reality and behind the scenes pressure is, maybe , finally having an impact on decisions making.
There is a lot going on in the land of the Predator.
All to play for and despite the wait we are moving forward.
Great post rlightor........
Boff the potential is there.....
However, there is a time scale attached to unlocking the potential rewards.
Hence the unwillingness of investors to put money in at this point in time.
But it is a very good entry price.
With all the information available it looks very likely that project 3 could happen.
I think the annual report will give an indication of how strong Block Energy's hand is . I think not doing a quarterly report was wrong. Investors now have to wait to see the breakdown of production and revenue.
As always just my personal view.
Haha have the trolls now decended to question about Paul's health?
It's funny to read how desperate people are to troll a company.
Get a life....
At an AGM, many years ago, I ask PH and another director what their views were on selling off the company.
I got a smile and a very favourable reply.
I think selling everything would be a great deal for shareholders, but for the right price of course.
It's important to understand that by being cash positive they have a strong hand. It is going to take time, and money, to implement all that is required to turn this company into a big oil and gas producer.
Not needing to sell in desperation is important to note.
The Georgian government certainly want oil and gas.
What Block Energy have is massive potential and an up and running company.
They have the option to do additional project one work if they need to add additional revenue. But they are aware that a poor result would be detrimental to the overall game plan.
It totally depends on the strength of Bloes hand as to what can happen.
Just my take from a potential investor waiting in the wings.
Have a great bank holiday weekend everyone!
Thanks Jimmy.
I wonder if we will finish MOU-2 as it would not take much time to drill the last part.
I also think we have overcome the mud problem.
Perfect seal sounds great but need to prove that area up.
One way or another it's going to be a interesting year for Predator......
Comments:
I think this is an excellent share to buy.
There is a very good chance of getting an excellent return if your prepared to give it 3 months to 2 years.
It's a very low entry point.
They are cash positive and in a healthy position.
There is currently a lull where, all the regulatory and ground work is being put in place. There is a lot of negotiation going on behind closed doors.
That is why there is no volume in trades. But it will come but not yet so be patient..
The last interview is there for all to read and interpret. My view is positive. But, there is a start up time that will possible be in the months. However that is just my opinion and if news comes earlier this share will move quickly.
I fail how to see a change in leadership would benefit this company at this stage if negotiations. In fact the opposite would happen. We have seen one hostile bids and was very happy it was rejected.
I welcome your balance reply Boff. We have both been here for donkeys years and it's been hard going. I know this share very well as do all of us LTH.
I will certainly invest and my personal take is to wait.
Good fortune to all of us.
Thebold
One of the problems of internet BB's is it brings out some very peculiar individuals.
They drone on about free speech and then go into a mode of criticism for anyone that writes anything of value.
They are very skilled at getting debates going about absolutely nothing.
I will now use the filter on you for the reason that you don't post balanced views and are incapable of responding with research based answers.
Plus your a complete bore.
Regards !
I have watched the presentation a few times and then read the transcript to refresh my memory.
A big thank you to BRV for taking the time to put the interview into text. We do indeed, have excellent posters on here.
I invested in Predator because of what has been written and published. The quality of research, and interpretation available is there for all to read and digest.
Everything is in place and nothing has changed, other than a longer than expected time scale. There is funding in place for this stage of works.
They are only sand jet testing a small part of our asset. The scope for development is enormous. What we need is a way to expand our program. That's why the testing is key. The results, if successful, will make finance and deals possible.
We only need to prove up a small part of our asset to unlock the potential. This is the key stage. Flow testing will prove up Predators value. The rest will fall into place. With sand jet results doors will open.
I await that morning when this share rewards us.
Paul did point out that he is also a big share holder here. That is not often the case on small companies.
Nothing is ever certain but I am very relaxed with this investment.
We also have Trinidad and Ireland.
Still a way to go and patient is what is required. 🙏
Popped in to read up on all things bloe...
There was a few posts about Block Energy. There were egotistical exchanges of self importance. Plus loads of green filters from the two established trolls. My, my, my I bet it's gripping stuff ........
Will check in soon as I do believe that later on this share will do well. 😄
Ireland was always a long shot. However it does look like, maybe, something is happening behind closed doors.
Fingers crossed and would be a massive bonus if we get something out of Ireland.
Do not expect much movement on 41 trades. On low volume it will only move if MM's want to drum up some business.
Like everyone else, we wait for the testing results to revealed Predator's worth.
Good fortune everyone.