Member Info for parkez

https://www.share-talk.com/block-energy-plc-lonbloe-paul-haywood-on-game-changing-move-to-fully-acquire-west-rustavi/
At 21 secs he states 60bopd.
From fridays RNS.
"In parallel with its operations at West Rustavi, Block continues to produce oil at its Norio (100% WI) and Satskhenisi (90% WI) licences, at a cumulative average production rate of 26 bopd".

Why was this added to the RNS?
Was it to put some kind of perspective on W16az figures.
Why does PH state figures in interviews that do not match the RNS he issues?

Were we not due an update on Noria end of June?

I got an enforced two day posting holiday fro printing my thoughts on friday, i am thinking their are posters on here looking after Blocks interests.
Never mind, can see why the not so good RNSs are released on a friday now...gives folk a chance to cool down and reassess .
Some good explanatory posts have helped but still a little disheartened.

£20,000 a pop for a RNS?....been covered before. The licence to issue an RNSis £20k a year.

Why are pis who sell off on reasonably bad news called "panickers"?
Should be called "decision makers"...you know those that are not afraid to make one instead of sitting on their hands and hoping for the best!

i,m still showing a profit and have not sold...but will not condemn them that have decided to.

NO HYPE!!!
my god where have you been the last few months??

Of course the fundamentals and outlook have changed, PH raised £12m on the basis of 1000bod,
would he have done that at 300bod ...unlikely.
we are now more or less back to the old strategy of slowly increasing production off multiple wells only 100m+ shares diluted. its not the outlook for the company, long term that still looks good...its the trust...trust,trust .
Anyone who says they now believe PH at the same level as 3 mnths ago is lying imo.
Next videos, which going off past history should be very soon (or maybe not) will be interesting.

PAUL HEYWOOD, must have one very big red face...bet hes on the phone right now apologising for his major **** up.....
Dosent matter Paul, you are young put it down to experience!

Usual routine, the ones saying everything is fine, this was all to be expected will be the first to press the sell button come 8 am

I have still to find clarification that Block have stated they are waiting for drill pipes, been through most of the recent interviews, not found anything.
Would anyone like to post the link if they manage to find "the rumoured delay"
Thanks.
Schlumberger constructing 19.6km gas pipeline, delay in our gas offtake agreement,better offer.
Things bubbling under the surface...yes theres a delay, we do not know for sure but i,m thinking the reasons are good.

Just for confirmation on what SEA7 posted earlier, thanks
SETSqx (Stock Exchange Electronic Trading Service – quotes and crosses)

Finally, SETSqx is a hybrid trading system, combining features from SEAQ and SETS, and is designed for securities with reasonable levels of liquidity, but which may at times require market maker quotes to maintain levels of trading. As such, the electronic order book is split into a quote book and an order book – the quote book being the listing of quotes by appointed market makers, and the order book being electronic orders entered as they are on SETS.
Launched in 2007, market makers provide continuous liquidity throughout the trading day on this system, whilst order book execution takes place through auctions, with four uncrossings designed to concentrate liquidity. Both market makers and non-market makers can participate in these auctions. In essence, SETSqx provides investors the opportunity to trade against market maker quotes, as well as by submitting orders into the auctions.
An important point to make about SETSqx is that market makers do not have a maximum spread requirement as they do on SETS. Consequently, there may be times when you see a share price jump quite significantly, but when you to try and sell via a market maker quote and so profit from this jump in price, the price offered might be far below what you had hoped. This will be due to the sizeable spread resulting in the current bid price being far from the current ask price.
As of January 6th, 2019, there are a total of 778 AIM-listed companies traded on SETSqx.

ok, my understanding now is during the closing auction period trades orders are taken but not finalised , these trades are then reported to the market later. Only immediate auction details given is the UT trade giving the volume.

Always interested to learn,
yesterdays closing sp of 10.30? Obtained by closing auction between 4.30 and 4.35.(ut )
This price is set by what investors are prepared to pay...who are these investors, why are these not shown,why does the following days trades not justify the previous days close?
Anyone explain...are some share trades not reported?

Thanks for the correction...
The "L" in Miton because thats where there putting us at this moment in time!

It seemed you were suggesting Block were working their schedule around Miltons dumping.
Of course this is and cannot be true.
Are Milton done?
Who knows only time will tell..

AJW are you suggesting that Block are either withholding information or delaying plans ..IE not producing market sensitive information that will effect the price?
NOT very likely...
Milton in or out the news will drop when ready.

Never come across a poster yet that was not out of his depth here, i certainly admit to being, everyday is a learning day...
Anyone want to admit to knowing it all?

Ask yourself why...
it deters buyers, they think hold on a minute i will wait a little longer the price is going down...
a rising share encourages buyers. News must be close imo.

Milton have not had 3 mnths....could not sell until June.

So when do Milton have to notify again of selling, when they go under 3%?

if Schlumberger are getting as much grief for not informing the market of their results?

Firstly this is not a treeshake its a continuous decline in the sp due to lack of news as stated, leading to lack of trust ,boredom and will continue to do so until the stated news arrives.Will be accelerated if a good RNS arrives on some other oilie as punters try elsewhere.
To say nothing has changed is imo wrong...PH has by stating and not delivering lost the faith and trust of most investors...something that is extremely hard to correct...be it his own fault or out of his hands.

So what is the excuse for no flow rates and no ops update?