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Could there now be a more competent team assembled on the ground to maximise these next two drills? I doubt it. Therefore we have a much increased chance of better production, lower water cut and well longevity. That will increase the share price when reported over two consecutive quarters than a new CEO ever could.
If all goes well then further spuds should give you the opportunity to ramp the backside off the share that you clearly crave but it isn’t happening in the short term.
Thanks Patty. Nowt like a good larf to start the day. STOP insulting our intelligence with widely inaccurate assumptions. NOBODY is falling for it. Now be a good boy and ask your bosses if I can have a job. I want to apply for the position of King Of Random S***E generation. See what some real competition does for your output.
Been like that for a couple of weeks, ask 0.2 higher than most buys. Overall I think we've a decent ratio of buys to sells but volume is so low any gains slowly wound down. But yeah when the herd and traders come to play it'll move at a memorising rate.
Patrick of course you are right. Why on earth would you spend in excess of £100k on shares just ahead of a drilling campaign? He’s clearly on a massive short and gambling with his company comes second best to being a serial sado masocist who has entrapped 2 massive corporate enterprises with his devious rouse.
Thanks again for your insight, it’s priceless.
Yes there's no doubt the current campaign has been carefully chosen by assessing risk v reward v ease of monetisation. The team assembled on the ground will only help lower the risk and increase the reward. Once these wells are producing, then they can start looking at their massive acreage in earnest, being totally self-sufficient, profitable and perhaps more adventurous with the drill bit. But for the now, steady away, lets build those revenue streams and investor confidence.
2 minutes I’ll just go and warm up the crystal ball.
But seriously folks the reasons will be varied, you just lump it down to a single grievance. AJ will be thereabouts insofar I don’t think there will be many actual PI sells going through at the moment.
What's the crack with Hydrogen generation then Goliath? Not something I know a great deal about, appreciate there's a colour code for environmental impact of generation but not to sure what opportunities would be available to Block and the size of the market?