RE: Block Energy Plc (formerly Goldcrest Resources Plc?)2 Aug 2019 18:30
The company's past performances raises many more questions.
What happened to previous commitments in Ghana? They did quote "significant potential" at the time of acquisation after fund raising.
I understand even industry experts can also miscalculate and or overestimate project potentials, but 3 projects terminated without results?
A company need the time to develop, but why change because 3 projects didn't work out. Why not stick to gold rather than switching to oil and gas? Do these guys have a clear vision and if we are unlucky this time, will they change again to finding copper or whatever that might interest them?
Recent events suggests hyping expectations and underperforming, which appears to be following the same pattern as we've seen from the past
All looking very shady. I think I have lost all apetite