Member Info for SEA7

not that long ago i was quoted 2.75 sell /2.85 buy - so these latest and larger prints are on the buy side.

managed a fair bit of revenue in first six months, despite the country being shut - so this is expected.

positive view on 2022 and we have all of July/August months trading already done.

they said this in the april update...

If successful, Block has identified a number of options for the second well in its work programme but will await results from the well at WR-BA before making a final decision. In the success case with the well at WR-BA, Block Energy will progress with the drilling of a well at WR-BB location, which would access a further volume of oil and gas in the West Rustavi Middle Eocene core area. Additional locations for further drilling in this area have also been worked up.

....
In the success case with the well at WR-BA, Block Energy will progress with the drilling of a well at WR-BB location,
............

so, the very fact that they are getting the next drill prepared means that they consider WRBA a success

Hadron reduced further - this might explain the rise recently, if they have stopped selling now and it is fairly clear they were the ones that pressure the stock down to the 14's

Another block with promise is 3/05, where operator Sonangol wants to reduce its 50% stake.

A non-operating stake in this asset could be in the sweet spot for acquisitive Afentra, the investment vehicle of former Tullow Oil chief executive Paul McDade, and also Vaalco Energy, Jersing said.

https://www.upstreamonline.com/politics/eyes-on-angolas-riches-as-sonangol-seeks-partners/2-1-1028293

At least it shows the christmas tree in place - that is progress from the last rns update

Block Energy plc, the development and production company focused on Georgia, announces that it has allotted 24,877,230 ordinary shares of 0.25p each in the Company ("New Ordinary Shares") to the Block Energy Plc Employee Benefit Trust ("EBT").

leaky ship - buys coming in and price moving up

3p on the offer - up 9.6%

up 3.9%

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Good tech update today, lets us know where we are and what the next steps are. We are well on the way to a commercial success and all indicators are that it will be. Xmas tree, production test and well optimisation are all next, then we will get the update we want - and hopefully positive.

yep - we are seeing, careful allocation of capital into miners at these depressed levels.

The more astute know that company's such as PAF are in rude health and represent excellent value at these levels.

yes someone is confident

chunky after hours 3.7m share trade at 16.2p

PAF would only fall in a correction at the start, like all others in the dash for cash, however, gold and miners would be first out of the traps on a rebound, whilst other sectors lagged behind, if not slumped.

wednesday next week is results time -

miners are unloved as everyone is still risk on, as they think pandemic is over and the everything rally will continue - perhaps it will for a while, however, these are the best times to buy a gold miner - in great shape and unloved.

wait till the inevitable correction and these will be in favour again.

bet that is kilo selling out - they had just over 8m shares - prob the sell and the buy going through

finally - this site is open for business again.