The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
On your first part we need volume to drive up the value this in turn needs a spark of some kind from Block Energy to bring in the punters. So far that has not happened for some reason and hopefully future positive RNS’s will start the ball rolling.
On your second part are the MM’s keeping this share low to fill an order? If so then they have been doing this for a long time. Can’t be the same one order. So yes they will do this but the time scale is now in the months . If I purchase shares this way say one month ago then I would not be happy with this share staying at a crazy unreal price.
So why on your point 2 is it constantly staying low?
F&F is a viable reason but open to people’s view on this .
Research says this is a share to own . Many large buys but ........
Interesting personal opinions .
Please do your own research and base your trading on facts .
Anything else is just someone take of where we are .
Tbh although I enjoy the input for my fellow posters it is facts, that in the end of the day that matter. Research and read up on block Energy .
If you have researched and are happy with the long term, them continual to invest is not then move on.
Another solid interview with information of where we are heading . I do feel the information and interviews are an indication that things are going well. Everything I now hear encourages me that finally we are doing what’s required to make money.
The share price will reflect this when we get confirmation via RNS’.
I’m getting a bit rampy in my view but do you own research and draw your own conclusions.
I think that each positive PR helps restore the bad vibe associated with the historical things that resulting in a loss for most shareholder.
It’s a case of “well maybe they are looking like a company that will give me a return but will wait a bit longer” thinking
Each new news will, if positive, start moving the balance towards buying. At some point I hope that will start a momentum of buying which in turn will see people looking at block again.
Now that’s the kind of PR that I’ve been talking about . A great write up!
The stars aligned for Block?
For the most part Block’s fortunes are in its own hands. The oil price seems set to hold at a decent level for the rest of the year, and the company has a well defined target market. Its challenge is to prove the long-term potential of its now considerable Georgian assets. With a healthy balance sheet, and a significantly larger technical and operations team at its disposal, Block has every opportunity to show that Georgia does indeed have energy potential waiting to be unlocked through state-of-the-art technology. If 2021 proves to be the year Block proves itself as a viable long term producer its current share price, which has hovered between 2.5p and 3p for some time now, could begin to look very cheap.
Mcap will respond to money revenue and in turn share prices will follow.
Oil price is now high and revenue has started. If I understand correctly we are 5% away from making a profit and we have a lot of money in the bank for next spud etc. For a small Aim market oily and Gas that’s decent and along with the revenue we have 16aZ to add at a later date plus new ventures that have been stated in RNS’s.
If the company is healthy and making money along with good future prospects then we will get our return !
When that happens we can look for new songs to sing , ha ha !
Not there yet but certainly worth holding or adding .
But of course DYOR
Guy I always welcome your views. Keep up the good work !
Ps can’t let this post go with out the health warning :
F&F is not good for your health .
Bottom line is where we are in 3/ 6months time. I brought in for the 3 opportunity at getting a return on my investment. No news gives volatility in the share value. We had a large rise on what we hope will happen based on good research. So we wait for the news. If people are selling then it’s their choice but the future prospects are still there.
Welcome back . You can say what you like about Macey and F&F appearing to be in leagues with a hostile takeover with a view to asset stripping this company. Choose your words with “appearing to” and “allegedly “ rather than words that can get a stream taken down and a sending off with a red card !
Only 5 trades so will wait on the next update .
Always makes me smile when I see the same old experts joining a bb . The rhetoric is predictable and repeated every time. Warnings and trying to annoy people yet never actually saying anything about the company. Or for that matter, anything of any value. The ego must be very fragile to crave attention. All that matters is research not some infantile waffle!
Heads down and let the next chapter unfold . Current price not that important .
3/6 months price is the one I will be basing my investment on .
I will continue to wait the 3 months I think we need but frustrated to see my money do nothing . I have my first bag on pred and there is mixed joy as it reminds me how stagnant my money is in bloe.
I live on a pension and small amount of saving , the rest is tied up in shares so when I get a bag in a stock that i have invested a large amount of my savings in, it brings a big smile to my wrinkled face. My life is derisked and shares have highs and lows. Some like bloe perment lows! O&G is volatile but when it starts to go good it can be life changing .
Sound , I understand you point of view and thank you for your input . But if you are going to keep repeating the same identical rhetoric then it is of no value to me. I am not interested in seeing a battle of words and ego it’s tedious to read. I note your are invested so can I also see a balanced post about predator and how you view the 3 different business ventures . Thank you !
Started buying two months ago today and 0.02 away from first bag . My point is, at the end of the day it’s your life and your money. Apart from facts anything else is just someone interpretation of a unknown future. It looks great and very happy with the setup of this company. The research and very helpful, informative articles posted on this bb have helped with my understanding of pred !
I continue to hold long term .
Does anyone know if all the placement shares have been off loaded ? Until they do we will be pegged back a little till they have finished . Last short term hurdle then it starts to move. Also what do we think next positive RNS will be about ? 16aZ maybe but not sure on time scale
Forest nominees have vastly increased their holding at a bargain price. Why? Because there is money here.
Time for the private investors to get in!
Opinion 1
A hostil takeover has been or is being attempted and there has been a lot of buying to give themselves a power base . The share value has been kept artificially low as a direct strategy to buy in cheap and shake out disgruntled shareholders. If this option is correct then it is highly unlike to succeed. They do not have the numbers required. So they stop or keep trying. But as block energy are now moving in a healthy long term direction that option is fading .
They now, along with everyone else , have a certain amount of money invested in this company and it will not suit their or anyone’s interest to not see the share value rise . It’s how it has always worked.
Option 2
This stagnation has been brought about by the bad history and sentiment caused by the failing in the past. But the same comments now apply to the moving forward stage . Block energy are now starting to deliver the goods and that in turn will move up the share price over the next 18 months.
Option 3
A combination of both and a pinch of bad luck .
Do research and read the information available on this company and if you think, as I do, that it’s worth holding them hold or buy.
The will be some pull backs but the odds are now looking a lot better.
Just my opinion!
MMR
I stay in the background mainly and read between the lines of the postings written. The factual information is informative and useful. I also think it is healthy to have people challenge the popular views. It helps keep a sense of perspective about the risks involved. If you don’t want to hear people’s views then block or don’t read . Comments like a group of deranged people or whatever the comment was is a rather silly attempt to stifle free speech . I don’t agree with their agenda but welcome their opinion .