Member Info for rlightor

Two points Hep.

1. The company is not drilling which I believe was a major cost. This will definitely help the balance sheet.

2. In an earlier RNS it’s was stated clearly that the company will have sufficient funds, even with the natural reduction in oil volumes to see it through 2024. If oil remains around present price.

The LSE closes at 4.30 prax, didn’t you know that.

Not sure what you mean regarding news silence, maybe you don't see what I see in the RNS's, if you do some research there is a lot going on in Georgia which we should be part of. There's some great information out there and some good links on this board, it may change your mind.

Again I repeat myself, a directional change at the right time to grab the opportunity. Me and others have been saying for years it's about the gas, now is the time. It has been explained in RNS's. News comes when it comes.

Any head of a company is expected to take opportunities when they come along. Right now Georgia is seeing a lot of interest from many parties and the climate could not be better. Read the press it's all there for those who can be bothered.

In my view gas has always been the target in Georgia, oil has been the means to fund the wider program. We are now in a very strong position with 1TCF + sitting under our feet. Nobody would forgive PH if he missed this opportunity. We can always drill more wells for oil if required but the decision is to grab the low hanging fruit and right now it appears very juicy. Oh and did I forget to mention carbon capture?

All my opinion obvs.

Sooner or later investors will not be able to ignore bloc, it will be too much of an attractive proposition, with or without PH. Bloc is not the only small cap under performing on the LSE.

Https://www.londonstockexchange.com/news-article/BLOE/independent-engineering-report/16323113

Just a reminder of the potential here: https://twitter.com/1stchesh/status/1755892029505122386

All

The CPR is what it says, a report based on information gathered by competent, qualified and experienced people who make a living out of defining what is below the ground and how easy it can be raised. These competent people I believe have far mor experience than most if not all on this board, I’d rather trust their opinion than some crank. Companies make big investments based on these reports and what’s provided in a data room. On that basis I believe we have a good future what ever others may say and what ever their motives. All good here in my opinion, one trillion is quite a lot, my Sinclair calculator didn’t have enough zeros.

BD, said individual appears to be online early, there's a msg in that.

Just filter the rubbish, I did months ago. Sadly some people still respond giving her air time..

There's a mention in ukinvestormagazine.co.uk

The word is spreading.

Perhaps Spud as you say they have a very clear view of the path forward, a path that does not require the drilling for oil.

In my view this has always been about the gas, oil has been the means to get there, as they appear to be close why complicate things with a non essential project?

Good luck all.

Mad, what we need is a farm out agreement with a large oil company. With the potential of another 2 fields with similar gas volumes we are now a very attractive proposition. Location, Infrastructure, political wish as of strategic importance, Europe needs gas and a possible carbon capture project just next door., China wooing local Gvmt The storm is forming..

It's all about the gas, good luck all.

Hepseal your right, nothing to say in 1st quarter, my positivity taking over my sense of reality. I’ve been here since inception so I can wait a while longer. All looking good in my book though. Lots of ducks but not necessarily in the right order quite yet. Good luck all.

Bitsa. I don’t disagree, he has 2 months to deliver a measurable step forward . I’d take the word quantum as a good step forward. Let’s hope so but he has 2 months or he should explain himself.

In the 1st quarter. last I checked it was just the 25th Jan. Come on bits and bobs you can do better than that.

Read the RNS read the news see what's happening, use your brain.

Our little green friends are getting desperate. I filtered them a long time ago and all is good in the world. Just look at the volume of BS.

Strategic being the operative word Chesh👍 we interlock perfectly with the BRI , the chosen path for China’s much needed growth.

I just see green, maybe the Hulk

Right less of this nonsense.

Chesh. Here's a riddle. My purpose is to prevent debate, cause confusion and doubt, my comments are never evidence based or logical, often aggressive and confused, I have an agenda. You won't hear from me when the price is climbing. I always have to have the last word. Conversation is better without me but people try to make sense of me, I have no intension of being understood. What am I?