Bigboffer ... can you explain for us that dont know how your getting a £500m price tag on this company. Can you tell me what are the 2p reserves along with gas reserves as i am a new investor in Block. Cheers
Bob6 ..... you cant post all you want if it keeps you a HAPPY BUNNY .. but believe me it makes no difference to the share price .. we can all get frustrated and believe me i had over 750000 shares in this dog a couple of years ago ..costing me about $450k ... lost it all within few months then they were to£1.40 ... so do the math ......LIFE's a BITCH and then you DIE......for the record 600K loss........
Nothing has changed since last week or month ... its just a very volatile share that the market kicks around alot ... but the fundamentals are still the same ... producing record oil revenue , reducing debt etc etc IMO
I have just sent AC along e mail regarding the continuous fund raising and dilution of existing share holders stating that i'm surprised that he and his team did not put a full purchase order together for all machinery/ parts etc in one transaction there cutting out all of these delays in drilling etc, etc...... for what its worth.
LOST 14K since yesterday plus i bought an extra 200k @4p yesterday ... total £16k loss..... i wish AC sat down went through his purchase list raised enough money in one go rather than tinkering around the way he is.
I think we are just seeing plenty of profit takers this morning after a great week and a long weekend coming up .... the fundamentals have not changed and this share has a long way to go .... IMO
I would not get to worried about this latest RNS .. i think its all positive .... yesterday punters were all praise and excited ... nothing has changed apart from raising more money for capital equipment going forward ... remember AC is buying and carrying alot of shares ... and i dont think his in it for fun .... onwards and upwards ... 5/10 /15 bagger in 6 months ...IMHO