Moving forward8 Sep 2019 15:28
The share price has settled now and with the next few RNS I expect a better return.
16aZ news has been 5 months but expect around 300bopd or better. Sentiment will inprove with gas deal, spud date and confirmation on how much oil has been stored ready for sale.
Brent price is above 60.
I have a large paper loss but feel that 4 months should see a break even and 1/2 years a large profit.
What is holding price back is news.
Block Energy need the time to forfill their program of works. It is funded and on track.
Not bothered by negitive and missinformed comments as we all have our reasons for our comments
All that matters long term is facts.
Looks a strong buy and hold .
As always just my opinion but DYOR and see what you think .