Member Info for Madman-Rob

Https://twitter.com/hashtag/BLOE?src=hashtag_click

Rather than ask a troll something may I suggest writing on Block Energy's twitter X page.

I have and I'm sure if enough posters do they may be suitable embarrassed. Highly unlikely but at least try.

Do you really believe the trolls has anything to do with the share value ?

The trolls on here are nobody's.

FYI it's totally down to no information about the other projects.

In the last interview and today's RNS Block Energy talk about the wonderful project 4 and how it will potentially change all our fortunes. This is quite possibly true. However it's at least 6 months away and still at an early stage. It could be earlier but I think unlikely. Good news could drive the price up but there is no sign of that.

There is massive potential on project 4

So what are we left with ?

Fall off in production

Loan to repay

No news of the other projects.

PH talks about project 4 and how wonderful it could be.

He also has been talking about the other 3 projects. Also singing their praises. If you go through old interviews and RNS you will hear or read how block energy are push ahead on all levels.

He has dug a hole for himself with over hype. He can only get out of his over promising and under performance by actually doing what they promise to do.

We were told project 1 would be pushed hard to add additional revenue to balance the decline in revenue. It has disappeared off the face if the earth.

Simple maths say that unless they drill more wells they will run out of money.

Q4 will tell a lot about the finances.

In the interview and today's news there is no strategy or information given as to WTF they are doing as a company on the other projects.

The market can see that, without new drills or additional finance, then this company will grind to a stop. Hence the removal of investment from shareholders. There is also nothing to entice any new holders other than a low entry point. Any short term gains are unlikely.

Have to say that PH is totally clueless in PR. Unless he informs us of the program of works then we are left to assume that they have run out if money.

RNS not RSN haha.

Q4 results will be a good indication of our cash position.

Over 300MMboe Gross Mean Unrisked Prospective Resources and project value in excess of US$270MM within the Martkopi Terrace prospect.

That's just one part of our licence!

There is certainly gas and oil around. Finance will be key to developing our asset.

Commenting, Paul Haywood, Block Energy Chief Executive Officer said:

"We're pleased to report that DeGoyler MacNaughton have identified substantial prospectivity of over 300MMboe Gross Mean Unrisked Prospective Resources and project value in excess of US$270MM within the Martkopi Terrace prospect.

This independent subsurface validation, plus the significant commercial work, bolsters our confidence in the potential of Project IV and we look forward to updating shareholders on progress made to crystalise this significant opportunity in due course."

That's very encouraging news for the future.

But no news on next spud or what they intend to do in Q1.

I know it's Sunday by the amount of green boxes.

If you believe in your research and risk then hold.......

If not then sell.....

Nothing more to add.....

The current share price is very low. You could argue that it reflects bloe's lack of progress towards 1000bopd.

However news of a farm-in or joint partner would send this share to a far greater price.

I think the later is well worth holding for and may even add after the new year. But do need to see more details.

It's very much a high risk v high reward share.

Still disappointed that they stopped their drilling program as it would of strengthened their hand.

This is just my personal opinion and I'll be very interested in what people's views are on the direction and risk.

Regards

Rob

Interesting interview.

It looks like Bloe are going for the gas in a big way. That of course will require finance. The long term opportunities are potentially, massive. Farm-in and selling on the asset to a bigger company.

For what ever reason the project one drills have totally disappeared from their operational agenda. Maybe lack of finance or a realisation that there is a bigger prize available. That's unknown.

In the short term unless we get news there is little to move the share value.

Longer term is worth holding for.

Blow have various programs and an asset with potential.

I see zero prospects at this current point in time. The interview was one of promise. PH had been saying the same thing for years. Now we have to wait for another year to start. Very poor and probably because of finance. None of us can be sure as they totally ignore all public relations and media regarding what they are actually doing right now.

However there is a good chance of one or two of the projects actually making us some good money. If we can hit a good oil producing well we can continue to stay afloat and progress.

The gas is their stated objectives now. The infrastructure is in place for oil and gas and there are customers.

A farm-in or partner is certainly an option. Finance is needed to hit the big bucks.

In some ways our negotiating arm is weak. The share value is very low. We have funds from production but that will be declining as we have not continued to drill more wells. We also have money to repay.

Finance will depend on many things, as to what kind of deal we can get. One thing that is in our favour is that Georgia's government know what we have and the potential of having their own in-country production from Block Energy is attractive.

I guess it's down to waiting this out and taking a business decision if and when there is an upturn in fortunes.

I wish you all well with this and all other trading.

I don't really read or post on here anymore. It's descended into the blame game. Looking for problems instead of taking an overall endgame viewpoint.

I fully understand the negatives and feel that half truths have taken over and become the centre of all views on Predator.

My view is simple. I brought in a long time ago on the potential. Nothing has changed in that respect .

We have money to test. It was raised to test 3 wells with potential.

We have a MOU in place, why sign if we have nothing?

The directors are willing to take shares. Why take shares if there is no potential?

Follow the breadcrumbs. Lots of research and interpretation on what we have.

Does anyone think we would get into a MOU, raise money for testing and directors receive bonuses in shares if we had nothing?

Life is good and a great weekend to you all.

I have waited patiently and will continue to do so.

Forget about the history and look at the potential return.

What the market thinks is not my concern. This is certainly a share I will continue to hold.

Morning.

I posted again on their X page. I've also sent emails. It would be helpful if more LTH could write their views on their media pages. They take no notice but still worth trying.

This should be a promising looking company with new drills pushing the total output towards 1000 boepd. Unfortunately there is no chance of that happening.

Why do they sit in their ivory towers refusing to say anything about anything?

Without doing any of the stated programs we are left with living off the existing production.

We know that over time well production drops off. Hence the need to keep the programs going.

We also have to repay the loan.

I have money to invest and the share price is very attractive, but won't, as I see nothing to encourage me to part with my money.

Without news very few investors will look at this share.

I still hold and have patience but without news this share is dead.

Absolutely nothing of value to write or add as there is zero news on any front.

I've written on their twitter, X page.

It's the only thing I can do.

Please feel welcome to post your views on their media pages.

Blimey.

Think I hit a home truth there.

Block Energy Support Group

@BlockEnergySG

The Block Energy Shareholder Support Group was formed to promote the interest of all shareholders in Block Energy (BLOE.AIM)

Good luck guys

Https://t.co/VNxx1oXULm

Also write on this site

Go to Block Energy on twitter and reply to their latest post.

I just did.

Always fun to see how easy it is for people to get influenced. They then feel the need to criticise or defend the people they have listened to. They hate any criticism toward them as they have based their trading on these people's individuals words.

If someone tells you often enough how successful they are you will start to believe that. They subconsciously think that If you follow their every word and action then you too, will become successful. They of course will only tell you what they want you to hear. All their failures and there will be many are conveniently omitted. That is human nature.

Facts are all that is required.

We are lucky to have many posters who write excellent posts that are relevant to my research. They of course put in their own personal opinions entwined with their often excellent factual interpretations.

You will also see cryptic posts. These are designed to show the person's intelligence and understanding. If the cryptic post turns out wrong then they can claim that you did not understand the meaning. And of course if right they can bask in the adulation of being right.

Exciting times ahead and will continue to read and enjoy all the posts.written by you good people. (Apart from the trolls who are filtered.)

Everyone knows news will come.

The question is when?

Opinions:

There are various opinions being offered as to what will happen. Many are valid with honest thoughts on timing and progress. but they are all just opinions.

The main question is not what, but when?

There's going to be various stages of progress. Predator may of may not inform us of every development. This end game is happening and negotiating is always complex. Don't expect Paul to show his hand until he is ready.

Facts:

We have raised funds for the testing.

There are 141 meters minimum to test over 3 wells.

The government and industry want the gas.

Intentions:

It has been stated that a LNG business would be a desired option.

Additional work on one of the wells, funding raised.

Mou-2. finish off drilling through the mud seal (highly unlikely).

Gas sales.

Drill additional well or wells.

Farmout ?

Sell whole or part of our Moroccan business.

There will also be many unknown factors that will come to light as the negotiation continue.

Will we need additional funds? Trinidad is for the future. The finance will be part of negotiations. For now we have money.

The potential is still there. Only the timing has changed.

Patience and understanding of what is happening is key.

Investors or trader use the stock markets to make money. Some you win and some you loose. Other times it's about timing and patience. I have a balanced portfolio and stocks like Bloe are a good high risk, high return.

A creepy troll like this Sarah man admits it does not hold any shares here.

They are not here to make money. Simple to fill a void in their lives.

Win or loose my life will continue to be a financially and comfortable life.

For the troll it's not so. To enjoy other people's misery is pathetic and a clear sign of a troubled life.