Member Info for scoobyrex

Optimism: Lots going on one big announcement would be great as releasing in dribs and drabs isnt going to rocket the share price. (IMO)

Pessimism: The last time they held off news was on a drill test and that wasnt great......

I can see it now, I was looking for much smaller changes..... awesome.

Spot the difference, hard with the resolution of one of the images.

Im not expecting 12M, I would be very happy with anything north of 10M

And at current share price.

Market Capitalisation £7.79m

Im not expecting results this week, they tested for 3 weeks last time IIRC.

would be happy with a positive surprise tomorrow though

Nice twisting of broker disclaimer Sarah.

90% or micro caps do not fail.

90% of retail investors lose money if they ONLY invest in micro caps.

Portfolio diversity. Sarah you are clueless and hence why you lost money in FRR as a retail investor you are bitter and do not want others to succeed where you failed.

Jog on.

BLOE hasn't always announced TD's/Test starting. sometimes straight to results preliminary or otherwise.

Edale have the same number of shares but the dilution of share allocation has pushed them below 3%. No more TR1’s from them.

They need to build up momentum, with the equipment they have they should be doing more small drills faster to incrementally increase revenues and cash reserves to fund bigger drills. If any of those bigger drills pay off we have a blockbuster.

I like the plan and direction, the pace is not what I expected.

Cracking video.

Everyone should watch it.

Some very clear answers, no spin language.

Why have they waited so long to come out and talk.

I maybe wrong on this.

A proxy vote by a large brokerage like IG or HL holding private investor shares in a nominee account is not a direct vote by the individual shareholder.

the brokerage gets one vote with the aggregated shares in the account.

They collect the votes from individual shareholders and vote with the majority.

So a protest vote against on a resolution with a few million shares by a few PI's. If it isn't the majority vote within the nominee account BLOE will not even see it. Of course swing the vote on a resolution to the majority and you get the whole nominee account voting with you even if they voted for the resolution.

I have voted so thats another few million with IG

Yes apologies, I got GOGC and GOGL mixed.

Sidetrack is 100K a result of 30bls a day is a net positive after 2 months.
60Bls provides $1M a year.

Lots of simple sidetracks is a very encouraging approach here. a number of results at 240 like the last one is truly transformational.

The A-80 workover rig was acquired as part of the schlumberger assets and since upgraded. Bloe previously hired GOGC's A-50 Rig, both have been used for sidetracks.
The ZJ-40 drilling rig/platform is hired from GOGC when required for new drills or significant deepening of existing wells

Some older pictures of the two at the bottom of this link

https://www.blockenergy.co.uk/media/photo-galleries/

BB. if I remember rightly that was in early 2019. the Oil price was $55 compared to $80 today. or 45% more today.

This really has turned a corner, onwards and upwards

No RNS today. I was optimistic as well.

Next Thursday is my Birthday. Come on BLOE help me celebrate

Im still here, waiting patiently for news on results and financials.

Little disappointed by the lack of coverage and pickup on the farmout.

RIP Tony. I also had a work colleague pass away unexpectedly in his sleep last week.

Really puts things into perspective.

if you look at the he link for historical weather. The median temperature ranges from -1to +3. with a max of -6 and +8.

The perfect weather for snow. The facebook images show snow on roads. where is the conspiracy theory ? It does not need to be freezing for snowfall.

Looking ahead for the next few weeks the weather looks good. Better than the UK infact