Member Info for Mike31

CDF... confirmed delayed further

Yes I know it sounds sh 8tty, but never trust anything in a video interview...

Seen many times over promising and not delivering

Remember, the same thing happened to frr. Great results, share price rise, then no news for months and months

Could get trapped in buying in high....

Not saying this will delist as these are two different company, but in same territory....can we trust the Georgian Government to help execute the plans. Or just another corrupt land to hold back our greater plans our Ceo is trying to achieve

I have pointed out before, this share looked good at first, but now slowly following the pattern of frr

Sp sliding says it all really

So not much has happened then

Or next decade

Patience is needed

That is a line I have heard too many times over the FRR board
PI's have been patient for 10 years...

Georgia, a corrupt land...nothing is certain

Or could it be Matd are used like a lab rat by Petro China. Hence, 13 failures in a row

This is exactly my point. Cant believe anything until it actually happens. When I mean happen, I mean sp increase and huge profit displaying on screen.

Not it will happen eventually...or by whatever stage etc
Seen too many fake promises only ending horrificly
Yes there are good shares too, but there are 100 folds the number of bad shares....good luck, we need it

Ajames, I understand your point, but I just dont believe until this is reflected in the share price

For argument sake, what if the next RNS says we have gave the wrong numbers, or the well has died down, or even... we need more funds and planning beforebthe whole grand plan can be executed

I know it may sound bizzare, but just look at Fronters Resources, everyone was talking about 10p party when flowing wells were announced. Share price at the time was around 0.66.

We even had further good news after that, which were the mahors signing a mou. All out of a sudden, stop trading, rogue director... my advice is only invest in what you can afford

Bigbench, a similar story happened over in Matd. You and I should both know well

-Bergen death spiral financing resulted the sp drop from 38p to 3p with months. 2 years thereafter and sp still hanging around 6p level
- In 2018, company promised to drill 4 wells, only managed 2 in the end, the remaining 2 were dusters
- Add it up throughout company history, that is 13 consecutive failures
- There was also the RNS of oil show yesrs ago, which boosted the sp to over s quid, but not long thereafter a second RNS came to say it was actually a water find

Sorry if I sound negative, I just dont believe until the valuenis reflected in the sp.

You might ask, then why you are here? I am down on my bought in price on all 3, Matd, Frr, Bloe

Ajames, wasnt all that what Frontera has told us?

-2.3billion cubic feet of gas worth millions.
-Flowing sweet crude at Eldari B but then no flow test result for 12 months and still going
-A deal with BH, and another (presumably BP) which was never officially announced

Where are we (Frontera Resources) now? Court battle, radio silence for over 6 months, rouge director like you have mentioned, debtors chasing for loan repayments

My point is... radio silence is most cases is not a good sign. I hope to be proved wrong, but TOO many aim company over promise and under perform. The only people to get hurt is us, private investors

Block Energy are becoming more and more like Frontera Resources with the radio silence. A red flag is slowing revealing itself. Very hard to tell which way the share price will head to

is starting to look a little bit like FRR

2028? Just who can see that far into the future. Planet Earth may not be around by then

Ger real... we all know this crappy share will drop as we are miles away from producing and actually making some money

We also know people are gonna pump it up at some stages...

At least I have the decency to post my real thoughts

Unlike some rampers and derampers

I sh it here patiently waiting for 10p

6p? Sounds good to me. I am waiting for 10p and think that is a bargain if we ever get there.

Definitely a news leak