Member Info for panman

Decent update this morning. Good to see them having turned the corner towards profitability and contracts coming in too.

FRG comes good.

Strait of Hormuz didn't stay open long though did it? Thinking myself that even if Trump backs off with his blockade of Iranian ports to get the Iranians to re open it the Zionists will just bomb Lebanon or Iran again to keep the conflict going.

What price oil Monday without a hasty deal over the weekend re Trumps blockade?

Thanks for the Pulser comparisons see OAK charged Pulser 6% of the Gross raised too so QHE did ok there imo.

If you want to count the £5M in the no's (as we should imho) then shouldn't we count the shares to be issued to get said £5M too so at 0.03p marketcap of £15M with 50B shares fully diluted and they have whatever funds they had before the raise + £5M from said raise and of course- Sagebrush, Coyote and Oil!

and agree with the below..

BONKERS - CHEAP - IF THEY CAN PROVE UP COMMERCIAL HELIUM

Thanks silver, appreciated.

From what I can see the placing price isn't yet fixed. Mentions it may be at a discount (which I presume is quite standard?)

Best way to judge US markets view on GLND by it's take up?

Actually there's a case to be made that holders saw what they wanted to see re fully funded.

From their last no's..

"· Ongoing oil production from Sagebrush wells, with approximately 5,500 barrels gross produced between July and December 2025, generating US$259,744 gross revenue to help support helium exploration and development"

"to help support" not support was the telling phrase.

Can see the placing is a bit of a kick in the nuts for yesterday's buyers but isn't this still just a £15M marketcapped co. at this .03p?

Tuff the pullback.Heck of a deal for BLOE..

Block Energy Plc

@BlockEnergyplc

·

Apr 14

Farm-out agreed for Project III

Binding Framework Agreement signed with Sanning Energy.

• Up to $75m carry

• 51% Sanning / 49% #BLOE

• 2.77 TCF (2C) progressing to development

• $2.2bn NPV10 (gross, success case)

• Operatorship retained

So $13M for appraisal drilling followed by $12M for production facilities and possible $51M for the Rustavi and Teleti fields.

Money will be made by the patient here as co, newsflow continues to impress.

Stuff the pullback.Heck of a deal for BLOE..

Block Energy Plc

@BlockEnergyplc

·

Apr 14

Farm-out agreed for Project III

Binding Framework Agreement signed with Sanning Energy.

• Up to $75m carry

• 51% Sanning / 49% #BLOE

• 2.77 TCF (2C) progressing to development

• $2.2bn NPV10 (gross, success case)

• Operatorship retained

So $13M for appraisal drilling followed by $12M for production facilities and possible $51M for the Rustavi and Teleti fields.

Money will be made by the patient here as co, newsflow continues to impress.

Newsflow does seem to be pushing it in that direction recently. Gap closed today anyway and am left wondering if the loss making32,488 trader who was in and out after 20 mins just was marking the bottom for us.

If so just glad it wasn't me this time.

If we're doing short term predictions given the history of rising highs wouldn't be surprised to see closer to 7p for next resistance.

It may have been that price in the past (0.3p) but there's no need for it now.

All they need to is give a positive update on the accelerated Italian venture that they assured pi's would be making 32M euro's/yr EBITDA.

If that wasn't just a scam to get a placing away then we're looking at presumably a 640M euro marketcap at 20 times EBITDA?

Think investors kind of deserve an update on that one!

Sounds very promising. Just waiting on drilling results then.

ATB to the holders.

I'm staying this time.

From what I can see Sanning Energy is committed to the $13M for appraisal drilling of project 3 and then subject to positive successful appraisal results they're also responsible for "procuring and installing an early gas processing facility and associated pipeline infrastructure, up to an additional estimated commitment of USD 12 million."

That gets project 3 producing according to the RNS. ie..

"and If tested successfully the wells will be converted to producers, targeting an initial production of 20 MMCF/d (c. 3,300 boepd) in the 2C case. They will be monetised through the rapid construction of an early gas processing facility and associated intra-field and sales gas pipelines. "

and at Sanning's election they may pile $50M into Rustavi and Teleti. Appraising the field and taking it through to production as well?

and at 1,5p BLOE's valued at 15M.

Was advised to get out of SML at 0.3P as the herd was uninterested and bought more instead. Looks a fairly sensible policy here too imo.

HTTps://x.com/94percent_com/status/2043932267744035128

No idea how it converts to sales but good to see the interest at least.

Does appear Brazil has an issue with fertilizer same as others so doesn't sound a bad call to have a look here.

Thanks Potential, appreciated.

https://www.reuters.com/business/brazil-sounds-alarm-fertilizers-price-spike-spurs-cheaper-alternatives-2026-03-18/

So the reason I can't find anything on his placing is the bears are totally wrong and there hasn't been one? I thought it was me?

Surely the bears aren't that clueless on US docs?

Has the sp moved? Looks like they've just widened the split?

Can understand if you're saying the marketcap of GLND after it's raise will effect the perceived value of 80M but what will that 'cap be with all the new shares and what will it be should GLND rise back to $10 post raise as news on ops progresses?

All seems a bit immaterial otherwise. They're doing their job. Getting us to drill what is lets not forget potentially a very large target.

Why is 80M's partner having a raise to fund Jameson a bad thing for 80M?

Are peeps saying that it effects 80M's 30% in some way?

Glad myself hat GLND is sorting the funds and 80M don't have to be involved in any dilution but for me all I care about is that 80M's partner is cashed up and ready to fund both drills for us.

Looking forward to the first gusher so the bidding war for our 30% can begin!!!