Member Info for Mike31

I see the delisting a talisman to protect us long term holders

If the company does choose to relist in near future stage, it really needs careful planning. With lack of positive news it means bad sentiment for the share, and a lot of people will sell out, especially the traders. Bod of Frr has never been good at communicating. I dont want to see the sp drop 80% on the day of relisting due to poor communication. If nothing good to say, then dont say and dont relist. Keep the shorters locked in haha

Up down up down like a yoyo

That is why I rather it remains a private company until the resources are proven and ready to sell.
Relisting will just creae another traders game. The 5mil seller, the shorting, the deramping, you name it.
Just keep it nice and simple. Once court case settles and bruises out the way, we can resume (or update probably a better word) the market and then announce the major buyout or whatever. If you are a long term holder, why does it matter?
Only those looking for quick bucks will want this to relist asap imho

I tried to warn people not to buy when everybody were hoping for a 5p offer from MA. As KNIGELK has pointed out, it is disgusting and people on top never lose. Better luck in the future

When someone wants you to buy, dont buy

Hope after the thriller scenes it will end happy everyone had looked forward to, and not a horrific end

I see this the next Block Energy. SP has drifted for various reasons but we are now fully funded and have a plan going forward for July. Now is the best time to buy and hold imho

Msn playing games. Went back to showing a sp of 0.29

I just looked at my msn money app. FRR status changed to awaiting listing...not sure if this is an indication?

Can someone repost that link to the pdf report, im too lazy to do it

Looking good

I got over the fact I have lost 15 grand money in here alone

Some Bromance going on there

Not just Manro, there is route1 as well but I dont blame those guys...

https://www.wallstreetmojo.com/public-company-vs-private-company/

Block Energy’s investment case represents a low-
cost entry point into an early-stage reserve backed
producer with significant exploration/appraisal
upside.
The fully-funded development and appraisal work
programme is seeking to establish early-stage
cashflow through a low-cost development
programme in its Norio oil field and expose
shareholders to the substantial upside contained
within the discovered West Rustavi field.
A benign fiscal and operational environment in
Georgia allows for low-cost oil and gas operations
and substantial netbacks; with the CPR seeing c.
USD 15/bbl on an NPV basis.
Strong reserves (of 2.5 MMBbl, gross 2P), and
substantial contingent resources (73 MMbbl oil &
626 BCF gas, gross unrisked 2C) provide a strong
baseline for the Company’s valuation. The
presence of Schlumberger in the neighbouring
licence area, as well as historically meaningful
analogue fields (Samgori and Ninotsminda) within
close proximity with the same basin plays, validates
the Company’s geological concept.
With a current share price1 of GBP 0.029, and an
estimated valuation of GBP 0.092 based upon the
2P reserves, and the Company’s fully-funded
2018/9 work programme commencing, we believe
this is an inflection point and the activities and
near-term news potential should lead to meaningful
short and long-term share price appreciation.
In addition to the 2P reserves, upside potential of
GBP 0.46 from the relatively low-risk (75% chance
of success) contingent resources from the
Company’s West Rustavi and Norio projects,
Block Energy represents an excellent potential
investment with compelling upside across its three assets

https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/218168

I hope Steven no Hope has lost his hopes in his hope to take over FRR

Clon or Con lol