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Feeling a bit down about this situation. Was expecting something yesterday. Now dreading they do an out of hours tonight.
Either way it seems to be a tight ship.
I have a large stake here (for me) and my confidence has drained this week,
~ " A volcano active in The Canaries tells me the Earth's crust is warming up from the interior, emitting CO2 from the surface in multiples much greater than that emitted by man's exploits. We're on a wild goose chase trying to counteract our emissions on Earth " ~
Are you stating that because we are losing the environmental battle we should give up, and just destroy earth for future generations because your mineral exploration investments havent faired well ? Or because you want to excuse driving an internal combustion car ?
It is the mantle that stores the earths energy being transferred to the crust, not the core. It has been steady state of transfer for billions of years and is actually slowly declining and will do so for billions of years at which point Earth will be a dead planet like Mars. But before that point the sun will be a red star and have engulfed Earth anyway.
The earths internal energy was created by the frictional forces when earth formed, the rotational and frictional forces of the liquid mantle itself caused by gravity and radiation stored in rocks. This is all steady state of energy transfer this hasn’t changed during mans brief time window of existence.
The c02 release from the earths surface you refer to is caused by accelerating the decay of the rotting matter locked in the earths surface at a faster rate. (Dead trees, plants animals ect are a carbon store locked underground).
The earths surfsce temperature rising by increase greenhouse gases is accelerating the decay and release of this captured c02. This is largely due to deforestation, plants not only take c02 from the air slowing the buildup of c02 gases but also shade the surface snd slow the rate of natural surface c02 release.
In addition The tundra has effectively locked in huge amounts of captured c02, as the ice melts this captured c02 starts to decay releasing even more c02. Which causes more greenhouse gases which heats the surface and causes ice to melt faster.
So we need to stop directly producing as much c02.
We need to stop destroying established forests.
We need to plant trees to replace what has been destroyed.
As tundra thaws it needs to be planted with tress as managed forests to have any chance of capturing the c02 being released by the thawing ice.
Is this impossible, no, is it difficult damn right. Mostly down to peoples nativity and wanting to believe memes and conspiracy theories on Facebook rather than researched and peer reviewed science.
The biggest challenge we face is the richest countries have created more than their fair share of c02 are dependent on the poor countries to not deforest. And who is going to pay to turn melting tundra into forests and prevent mineral exploration, farming or other commercial activities, politics let alone global politics is broken.
Your science is wrong, your opinion on mankind is probably right. We need a thanks type character to 50/50 the population of idi
Keeping the SP low. plausible reason could be to Hoover up shares for a takeover. They clearly do not have that agenda otherwise there would of been lots more buying over the past few months.
It can’t be to close a short, they would be insane not to of closed already. Not sure you can even short this stick at the moment.
Maybe AJW venting due to the lack of a rise yesterday on news. But as the BoD have eroded trust on the last drill it was inevitable an announcement without substance of flow rates wasn’t going to cut the mustard.
What it did do was cycle out some weakness in holders. Who now have to pay more to buy back in.
Great buying opportunity now. If Bloe bod had any sense they would release some more news before the flow rates. To get sp support up a leg or two before the big one.
Here are the 4 questions. This was before this mornings RNS.
Whether or not third parties are operating on behalf of BESG to reach out to shareholders?
How private shareholders are linked to the company and if individuals from Block Energy have reached out to corral the private shareholders group on Twitter?
The nature of rumor's as to the stability of the drilling of WR-B1?
Any information regarding possible misdeeds by the current Board of Directors as well as the stability of Paul Haywood’s tenure?
Agreed.
Leadership naivety on the original over communication ultimately setup a failure scenario when stabil results and the water cut was announced. That put the company in situation that it was open for meddling with, the meddling was a symptom or a situation caused by communication around the 2019 drill campaign.
A lot of time has passed and the schlumberger assets and the next imminent drill hasn't been pumped or miscommunicated by the company. Maybe lessons learnt, but at the same time it is frustrating shareholders who want more communication.
I really do not want the company to spend money on limited use RNS's especially when releases like that will be misused by certain people.
As with all drills the news will land when it lands.
The well is expected to reach total depth in August, at which point Block will provide a further update.
Key word is "expected" it doesn't use the word "will" or "guaranteed". Be reasonable.
Do we need a don’t feed the trolls policy for the next few weeks.
Every time a troll posts, do not engage, just reply with.
DONT FEED THE TROLLS.
If someone replies. It is responded with
DONT FEED THE TROLLS.
After all they just repost the same garbage. Let’s call them out. They will **** off soon enough.