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So long as we don't get one like IGAS holders got last night. Couldn't find the Bowland. gulp.

Well at least its news. lol A couple of oars, bit of food in the galley and they're all set to offer arctic cruises.

Possibility of a drop to the rising 50dsma at 12p imo and then move on from there.
Would be quite healthy if it happens imo. of course if flowtest news drops today instead all bets are off.

Everyone that wants in has already bought in imo. They need news now not bulletin board speculation esp as we're so close to xmas. Moneys needed by potential buyers to pay off their credit cards ahead of the chrismas expenses. Its ok if you can guarantee a positive flowtest beforehand to trade but otherwise peeps may be cautious of tieing up their cash.

Thanks for the reply AjamesW and good answer re FRR's future prospects too. Not too up on them myself have only read a few RNS's. Hope they do as well as you're expecting them to.
I was just a bit surprised by the bullishness of Novums targets for BLOE. Can see why but good to have it from them rather than just bulletin board speculation of what may be.
Looking forward to Xmas being over already now so Q1 can begin here. lol

I haven't seen the Novum note on here. Interesting they think/infer that Block should have a higher valuation than Fronterra (£63M)
That'd be nice, worth a read before the market catches on imo..

http://www.blockenergy.co.uk/wp-content/uploads/2018/12/block_energy_initiation_report_5_dec_18.pdf

Yes that sounds quite reasonable re the sidetrack paying for the cash element.
Thinking about it they flowed 200B on their initial 10 hour flowtest giving a pro rata 480BPD. Given they're now targeting the horizontal it doesn't seem too optimistic to hope for 500BPD esp as no mention of pumps or artificial lift were mentioned.
That should give them a tidy revenue stream off the first workover and 3000BPD of the 6 they have planned. Add in the gas and this play is astounding i'd best stop posting and not mention their other two projects at all.
Marketcap already sounds stupid don't want to sound like a blind ramper but hell am i happy to be holding here for whats coming up.
ATB,
Pawn.

Reading the latest RNS this morning (sad i know) they've stated the first workover has produced at this 200BPD over 10 hours and that they now plan to go ahead with the first two workovers with planned production of 650BPD.
They've also announced they have targeted and plan to go ahead with the next four target each capable of generating 325BPD straight away giving around 1900BPD from West Rustavi alone-and thats just the oil.
Just seems their previously stated 900BPD target is a tad low as is the shareprice.
How much do CASP produce for their 120m marketcap? Just trying to get a handle on what to expect here if they are as successful as their progress suggests?

Good reasons imo. Must say I've been in angs for months now, since the big dip there, and was always pretty excited about what the Weald could offer but am beginning to like this play even more.
Accept that the Weald plays have more political stability ( Brexit excepting) but dang this is an excitng story playing out.
All being well reckon theres going to be some fairly happy pi's down the road here. Hoping and expecting this is our own 7p ANGS moment.
Still holding ANGS and wouldn't say that on their board as they can be tetchy just impressed with whats happening here esp for the marketcap offered to investors.

Quite possibly, had a small top up in case news drops Monday that wakes peeps up. ot pushing the boat out yet though happy with smaller amounts in this market.

Agreed, fairly consistent selling this afternoon. Would be good to have news to enliven the stock.

Hard to see how 3.5p is rampy after that RNS? 900BPD prospect for end Q1 alone makes the marketcap here look silly imho.
How much did ANGS chairman say each 100BPD was worth to their marketcap?

These are ridiculously priced. Wouldn't be at all surprised to read their on 1000BPD by end of 1st Q, They're that sort of co. No noise, no bull, just getting on with it and making their investors profit.
I like em!

Thats quite an RNS! I was still figuring 250BPD end of 1st Q.
Going to have to rethink how quickly this co. can move.
Might have to read the RNS a few more times yet for all the good news to sink in.
Well done the holders.

Not quite true. AMER directors bought big before their recent market moving news. Think the rules are a bit more complicated than just "no RNS after director buying."

Impressive. Needs news on the deeps too but this certainly indicate things aren't so dire as some pi's have imagined.

Why would you need a "real job" if you were trading? Isn't one job (trading) enough?

It did hold the 50dsma after quite a hefty test thurs, fri.
Know its depressing to have a pullback like last week but the retest wasn't unusual not after gapping up through the 50 in the first place.
Expecting better action from here on in Trump cocking up the market excepted of course.

Maybe he's not such a clever guy? Would have thought that the sp is starting to have value here even if the deal didn't go through ?

Excellent. looks like the cheques have cleared!