RE: Net buys today6 Mar 2024 06:34
A lengthy post Sarah so you've either give it some thought or you are concerned that what I write is correct and you want at all costs to rubbish it, anyway that matters not.
Bedex first mainly so Sarah has to read the whole post as I'm after bang for buck on here wasting more of her time and not enjoying the rise when it comes.
Bedex
Firstly, I agree there are thousands of shares our there some will and some won't provide a living.
Secondly, 'you don't know my circumstances', again I agree I don't however think you are anywhere near as comfortable as you want us to believe because surely you'd be sat feet up with a brandy thinking leave the pond life to make their decisions ive had my fill. So your point, taking human nature into account just doesn't stack up so please save us the good Samaritan act.
Thirdly and lastly Bedex, 'this is. not one of them'. Why is that? Have you done any research? I doubt it.
Block is a 6 year old company, it has its own rigs and its own internal drilling company, just toggle you a little teaser about FRR I do believe they're subcontracted the Block drilling team out onto B12 as we speak so there's hope something is going on there.T hat however is just a hunch. Anyway back to Block, as ive said they are six years in, there have been several wrongs but mainly in the early days and I acknowledge that oil did indeed turn to water. However Block is different now, it's a very small team but they have huge experience I know as I've met most of the management team over the last three years.
PH is passionate about this as are the rest of his small team, they've made considerable progress, there's money in that bank and they've told us they have finances for quite a while. So where's that money come from? there's been oil sales and gas sales. Tell me an E&P in that state with 724m shares in issue?
Lastly Bedex PH, ive acknowledged the early wrongs but of late he has developed with his team a four project development plan, part of which is already farmed out, there's a huge carbon capture development, tell me how many E&Ps have one of those, there's been direct meetings with CPNC PH going to Beijing for them to meet, that was reported earlier in this boards history by old logger. a small glance at CPNC and you'll see that they're looking at carbon capture programs.
Then Bedex go back to December, the whole Block management were in Turkey and presented at a conference there showcasing the asset and the carbon capture. There's multiple reference to Turkey the pipelines and supplying not just Georgia but the wider region. The farm in partner will be telling and its attractive as the pipeline runs through our acreage.
So Bedex nothing personal, not an attack just as I see it as an investor not somebody that had his pants taken down on FRR, and before you say anything about that so did....for the time being at least.
t
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