Member Info for Piscator1

published by tennyson today: https://*********************/companies/uk/oil-gas-e-ps/block-energy-plc/research/tennyson-securities/tennyson-energy-research-block-energy-code-breakers/82c48f72-069b-431c-b57b-82abea7ac855/d76c26a3-c5c0-4bfa-9b92-a43287a6cabd

if anyone has an account can you please summarise?

If you look back at the trades over the last week there are numerous 500k and 250k buys, albeit that some are shown as sells owing to the spread. Some ‘sells’ are obviously buys when you consider what the market makers were paying for smaller quantities. My hunch here is that one or more II’s are taking advantage of this lull to get their average cost down or possibly to start building a position.

Should we get a TR1 from one of them that would do a lot to restore confidence here imo.

Well Anglo certainly know what ARC are sitting on and that’s good enough for me.

Thanks for reposting Fatboy’s excellent post on here fulmar. It certainly negates the lies spouted on here recently by Mushinge and his crew, which accelerated the sell off. I’m a buyer here now and expect to see a substantial recovery in the share price now that the lies have been truly knocked on the head and the perpetrators banned.

Go look at Grosso Group’s Twitter page. It’s all about mining.

The stock is not held by his investment company but him personally and if you check where Saratoga Springs is it’s just across the lake from Spanish Fork so he will have considerable local knowledge.

From Advfn:

ssrover3 Oct '23 - 08:52 - 345 of 346

0 1 0

#TYM

@Tertiaryplc

recently signed up with

@InvestorMeetCo

so expect more investor engagement. I suspect the first will be announcing the JV partner for Konkola West £2m mcap

There’s been torrential rain in Georgia this week and severe flooding in Tbilisi, which might impact on crew getting to and from the well site. That might explain why there’s nothing coming out from the company and no evidence of insider buying, nor selling imho.

From the Facebook page of the State Agency for Oil and Gas in Georgia: https://www.facebook.com/StateAgencyofOilandGas . The Ministerial visit clearly demonstrates the support that the company has from the Georgian State, compared to the obstacles placed in FRR’s way by the same agencies, so Block must be doing something right imho.

Hit the translate button for English version.

My first fill or kill failed but a second has now gone through so there have now been five trades on LSE and one on AQSE.

Something must be afoot as it’s impossible to get a buy quote at the moment, so I’ve put in a fill or kill order for a small top up.

The mine at Mufilira is Mopani and it should have a new owner with a big cash injection by the end of the month: https://www.bloomberg.com/news/articles/2023-07-02/zambia-to-pick-investor-in-mopani-copper-mines-this-month?leadSource=uverify%20wall. Hopefully GLR will have access to the processing facilities.

Here’s a link to a post on the Facebook page of Business Media Georgia: https://l.facebook.com/l.php?u=https%3A%2F%2Fbm.ge%2Fka%2Farticle%2Fblock-energy-m-saqartveloshi-navtobisa-da-gazis-mopoveba-gazarda---shedegebi-%2F138406&h=AT0M0Jbqf2TZ5pVIJG2mcwBQeQgrEKrnWwknCR7eeAJURhmEkiSDidaLhTTZmnZPJu0vLCN0rUlciE4samVjqwS6LF6-7cVhpdBb8RwaYaUZlJm15Yy1_POLNFbu9hEOd_mI4hSZGmrx&s=1

As well as providing some good PR for BLOE the picture looks different from the other well sites we have seen and could possibly be the new well site gearing up for some action. Happy to be corrected though if anyone can prove that it’s a previous well site.

On the other hand the stock is on a bull run and should have the liquidity for GLR to sell into, should it need to do so.

Interesting analysis on Afrimat can be found here: https://www.infrontanalytics.com/fe-EN/30621KS/Afrimat-Ltd-/financial-ratios

Looks like CB might see this as a very good investment despite the stock’s performance in the year to date.

The final resolution is to amend the company’s articles of association, but no detail is currently available. This could be a precursor to some M&A activity, and hopefully we will have a RNS tomorrow providing the notice in full. Unfortunately I will be on a long journey but will try to get online once at our destination.

Has anyone received notice of the AGM? The reason I ask is that ii have invited me to vote on the resolutions but without sight of the full notice I am loathe to do so. I checked the company website yesterday and it was not on there.

Has been issued by Shard today. Can’t copy it to here but is on the Telegram group site.

We were always going to be shafted compared to the intrinsic value of Togo, but This draws a line under it and removes all doubt about funding the next payment on DC which should now become a cash cow. I am therefore very surprised that the stock isn’t up a lot more than it currently is.

So much negativity here today, but today’s RNS needs to be read in the context of this extract from yesterday’s: “ The success of these wells was based on the culmination of the knowledge gained from previous wells, which have all added to the Company's understanding of the sub-surface and its ability to build a model that informs and supports future drilling. I am, therefore now confident that our geoscientists can use 3D seismic attribute analysis to accurately locate the natural fractures that give high levels of productivity and that our operational staff can drill horizontal sidetracks through pressure-depleted, faulted reservoirs with cost-effective efficiency.”

In other words it is a very low risk well with a high chance of success, but from yesterday’s RNS it sounds like the PAT-E1 sidetrack will be drilled prior to that - so a spud announcement could be imminent, with a further well to spud in July imo, so don’t let your minds get boggled by those who have a different agenda here. The gremlins are active on Advfn too and will do everything they can to prey on the minds of inexperienced investors.