Member Info for spike912

Ah feck no 10p. Always tomorrow

I will just filter LB, he has a few issues bless him, and rather upset at his 50p he invested he has pretty much lost. Never had to listen to someone so clueless.

LB my god! I cut and paste the actual email yet you think i twisted it...you can see the actual email on my twitter account in full photo from my email account!!

Clueless, have you got a few issues?

I really do lose the will to live reading this board at times.

I’m off out for the rest of the afternoon, I can’t take anymore. I will come back to see the 10p at 430 LB promised, or maybe when some form of reality comes back to the board. It’s like living in some alternative world on here now, worse than before the update

As you will see, very basic, non price sensitive questions. Did PH bang on about 1000 bopd and £1mil a month free cash flow, hence his 12mil raise. If we are now more than half that, what’s the commercial strategy given 38z is likely to now be the same (theory says).

Are his commercial £ numbers still valid or do we need a revised/review to the long term strategy? What are the expectations now on 38z? Why are we still not spudding given it’s likely a good 40 day drill? Is this now going into autumn?

Is the delay due to having to revise strategy’s?

Have we hired too much storage? Sounds like it

GOD KNOWS hence PH needs to clear these up so people can regain confidence and start buying again

@clumpet...

Operations update, including if the reduction in production from 16az impacts upon the operations and commercial route for the next well 38, given the cash raise to fast track production, I assume was based on a much higher production of 16az; are we to now assume well 38 will be circa 300 bopd as expected, and what have the company based their drilling upon for the forthcoming programme, as I would assume free cash flow is now restricted

- Spud date of well 38

- Explanation in regards to the 295 bopd, and why investors were told the 1/4 choke was the smallest Block Energy could use in order to maintain stability of the well, and that was testing at 1000 bopd with small drilling fluid. Yet we are now varying choke sizes (thus why given stability issues?), and now producing only 295 bopd

- Clarity on Clean up of well. With 25% water cut, are we to assume that the market will be updated with a revised flow rate post clean up? Again some would say the testing RNS was misleading here. What are the company doing in this regard?

- 390 mcf/s of gas from 16az. What is the companies intention here short term to generate income and value?

It is beyond me why they can not issue clarity or arrange a conference call, interview, etc.
Hiding behind “price sensitive” is typical of this cowardly company at the moment

I sent a list of questions and not one would be seen as price sensitive

Basically it tells me this is what we have, we will let the dust blow over and hope people forget

Why doesn’t that surprise me LB lol
They are very different!

https://mobile.twitter.com/StickyStock81/status/1156894535995265025

Stickystock is my twitter and this @magicinthat is clearly worried

I can assure you those idiot on twitter has been reported for false information. I shall post on Twitter the response I have had from Justin and it is the polar opposite! People should be ashamed

LB you talk ****e, we have never had any discussions away from here as you claim, about as much reality in that as your 10p today (again)

SEA, is that not what I just said? If I don’t need the capital, it can stay. It’s called no crystalising a loss if you don’t need to! Maybe take some of your own advise?

SEA7, on the contrary, I am locked in and won’t sell at a circa 3k loss unless I need the capital but as soon as this gets back to 9p which is likely to take a number of months, I will be out at a loss albeit a smaller one

LB, only you could believe that. Story time at Bloe here again.

Joking aside, I’m not sure if you genuinely believe half of what you post (which would be seriously worrying given it’s your hard earned cash your playing with), or if your simply still in denial at the shower of ****e that’s happened here

GL in whatever your investing in, but please have a little sensibility in your posts and remove your head from the sand, it will save you a lot of cash.

I am here on a 30% loss, always been open with that, but I am here with eyes wide open.

They claim they can’t update? Why is that? What’s stopping them doing an interview to explain the reasons? Why not reply to investors emails? It’s all bull ****e

Drax this is the problem. If PH had have come out and explained, settled a few nerves, maybe many would have sat back and thought “ah now I get it”. The fact it’s been left to the PI to interpret with gaping inconsistencies and unknowns, this had caused people to sell up.

PH was quick enough on the PR when raising £12mil, but what next? Was the £12mil based upon his bull ****e 1000 bopd and £1mil free cash flow a month...so we now need to revisit the ops and commercial side of ops giving (after PSA etc) we are more than half that?

Problem is too many questions and not enough answers hence people will sell up, coupled with it being obvious the share will drift until clarity, and all Block can come out with is a pathetic tweet saying we will update “when you can”...”when they can??? The can now!”

10p today....LB wasn’t that your prediction Tuesday? Lol #clueless
No volume and still drifting. Low 7s at this rate.

10p today, Classic. Chuckle for the day had.

Will check back in later around 4pm and see if we are at 10p

Where do these people come from!

Red deer spud should give us a lift given the shorter drilling time, and two bites at the cherry end of August
However still waiting the RNS, surely we must have spud/spud this week?!

Production is king = cash is king.
Not many aim Oiler’s producing.
Plenty more upside to come, the numbers now speak for themselves
Great RNS

See the fed have indeed cut rates, so good news potentially for SM