Member Info for Madmanrob

Yesterday a big rise , today a big fall . No one moaned yesterday, today the post were full of negativity.
We will view Bloe over the next few monthes not one good or bad day .

We purchased new avenues to explore in return have Shlumb on board. Does anyone honestly think they are not fully informed as to the potential of what they have sold ? They have a large investment in Block Energy and I feel that part of the deal was for us to raise money .
Yes no one likes days like today but it does indicate that large investors see the potential.

This share has been hard work and hope that now with funding we will finally see a return .

Good luck peeps and DYOR

Yes , the way of share trading can annoy me but we now have everything in place and funded . It's back at where it was yesterday morning . Nothing has changed other that adding funding to carry this plan forward .
The big one will be when we actually start selling , then the rerate will start .
Today is just one of those days that have to occur to move the company forward .

Its sunny in Spain so time to relax and drink beer !

What peoples view on this ?

Extract from proactive:

Stockbroker Mirabaud highlighted that proceeds from the sale of inventory crude would support the planned low-cost operations and that the services agreement which provides technical assistance for free.

“At current oil prices this [inventory] is worth in excess of US$1.1mln, which given the company’s ultra-low cost of operations is significant (this sum would, for example, fund 50% of a new development well),” said Mirabaud analyst James Midgley.

“Given the large scale of the asset, which includes a small amount of production (c.2-300 boepd), as well as development, appraisal and exploration opportunities, this assistance [from Schlumberger] should help with the smooth transferal of ownership.”

Certainly helps with cash flow and technical assistance.

33.95 % and it's now over 5 !

Up 15% already on HL . Great day ahead !

Geo are you saying that after all the work done on getting the gas and oil ready to sell you want to abandon everything in that area . Even knowing it just a matter of time before the main pipe is in place and we can start selling and getting money in ? Remind me to never ask you for advice !

Managed a top up this morning at 4.15 been a long time for bloe to move. I had to sell . But as at the time it looked dead. But congrats to those who held . I did reinvest at a good buy in price and show a healthy profit after yesterday's rise. Now we wait for the story to unfold .

Had to sell to protect my investment but reinvested a little a while ago . I have not bothered posting as nothing would happen till we actually sold the gas along with the oil. At last this nightmare share might finally recover some of my lost money. I do hope so for myself and all you long suffering LTH .
I do read your comments and feel it is now a time to see this dog of a share move upwards .
Did Mike ever get to Thailand lol .

It's a waiting game now. As things move forward we should see a return of LTH and investors . Everything is there to achieve the returns we hope for . I have reinvested and will keep an eye on this share. The bottom line is we have no gas pipework to connect up to our new equipment, our wells are shut down and oil prices are low.
The question for me is one of time scale and Block Energy finally getting things right. I'm thinking around 3-6 months.

I think this share will drift along around this level for a while. The news of gas pipework being totally up and running with be the sign that will see the masses return and the big one will be the reopening of the wells.

I have no thoughts on what this company's share value will be but like the rest of you, I still live in hope !

I use to find this site useful but every time I log on I see the same identical school yard dribble between the same two or three people. Day in day out they peddle the same boring comments . Yes you both have a point but why keep saying the same thing every day. Can you please think about other people and return to simple factual statements. Mike and Bill Tucker may have gone but still the same old same old.

A year has passed since I attended last years AGM. The wonderful promises from PH on how they are expecting the gas to be connected up and sold by early January . Well that was never going to happen! Cold hard facts and figures and an upturn in oil and Covid restrictions is what I will look out for.

Waiting game still ......

But good luck to you all.

There is very little at the moment to encourage immediate share movement. It's very much a waiting game .

There are positive signs and pushed up value a little.

Dip in value gave me a chance to add a little more .I'm Starting to build up my holding again but history has taught me to be careful and patient with this one.

Only when they restart their program and start producing / storing/ selling along with a Brent oil rise will we see what Block Energy can do for us .

I still think this one will do well if given enough time.

Locked out on HL platform

Invest not invent lol

I did sell the lot in the end but am now slowly going to add if the share value rises . Simple for me , if it reaches my set targets then I invent a little and so on at each of my targets . If it then falls I will pull certain amounts. To be honest does not matter what people write but I do read the useful posts . Good luck everyone !

Opinions please . Has this share passed its lowest point and have they the finance to sit this out ? Oil prices will go up in time and gas will also be sold with some amount of oil. Nothing has changed in what block are doing . A combination of many things have undone bloes share value . That to me is the past. I am looking at one years time at least. Thoughts please on future . Thanks

Hi guys been many months since I posted . Took the remaining of my money out and was not happy. However i will still watch this share . I think a few months will have to pass but if it moves i will do small investments . Always felt it will one day come good but not yet . Good luck guys in all you do

Just hold and wait .
So many games played but long term looks good.
If bloe make a profit then the price will follow.
Oil is flowing and will put money back into company .
Gas is what its all about .
Painful to watch but it will get there .

Give it time !
If we make money and continual to add more gas and oil then Block Energy will come good.
Todays news shows the direction we are heading in .