Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Grower69 I have to say I did have a good chuckle when Hep offered an opinion and then Mickey realised in his 2nd post that he had invested in another failed AIM company. I suspect you are right about who the true identity was. The bloke needs serious help.
I'm continuing to wait patiently, lots of news coming relatively soon, hoping to transfer a good chunk into my ISA shortly. GL all LTHs.
Grower69 With an average of under 2p and a substantial holding I hope BLOCK will be a life changer for my family and myself. You pays your money and all that. It really doesn’t take much for the crowd to arrive and then away the SP goes. Especially considering at the number of shares in issue and who they are held by. Of course a buyout may occur before that.
It is certainly the most confident I have felt for some considerable time.
Best of luck.
Grower69 And let’s not forget the continuous delist, delist and delist that the troll Sarah used to post night and day at the end of every post. And for some other posters from the other share there is no reasoning with them either. I have tried but they are lost in a world of bitterness from their failed investment.
For the record at the time I would have preferred they kept drilling. However, what was coming in through P1 was not adding any value to the share price. I believe the Georgian Government want the other projects up and running as soon as possible. So if that constitutes them indicating what their feelings are in their own country to BLOE then so be it.
I do agree with your point that P1 has given us the revenue to be able to get us this far without need for any dilution, unlike companies such as 88E. As you say we have not had a raise for years. We may need 1 more drill to keep production cash positive, depending on what is occurring at the moment.
As always good luck to all LTHs. And if people are going to call out Chesh for what he may have written, well there are an awful lot more posters who need to be called out first for the untruths they have posted here..
Focus on the future, the past has gone. I speak as someone who is invested here in the millions (that's shares not £s).
Rlightor No I have not seen any figures. If anyone has any it would be very useful and informative. Many thanks.
Mrnaddy100 for what it is worth I think the same as yourself. To suggest that they have only started to source a potential farm out once the official announcement was made I think is naïve. I think as you say the big wait was for the CPR to be published. As always time will tell. Good luck to you and all LTHs. For me positive times ahead.
Wishing all shareholders, BLOCK employees and BOD, and the few remaining afflicted posters on here, a very Merry Christmas. Stay safe and be happy.
"The Company remains focussed on delivering a quantum leap for our shareholders and has an extremely busy first quarter planned in 2024…. I look forward to reporting on our progress early in the New Year".
Our patience will be rewarded.
Yes ROCKLAWN nice to see. I have topped up and averaged down these last few days. Tried again today but could only get a quote to buy £500 on HL. Good luck to you and all genuine LTHs. Its worth being invested here for the entertainment on this BB alone.
Cunningfow never a more few true words said. No conscience, no morals, can't even pass a resolution. Absolute disgrace.
I stuck up for the guy on these BB for I don't know how long. How wrong was I. GL to all LTHs.
Greybadger interesting point: Can’t believe the rig and personnel are stood idle waiting for the next drills. You would think and certainly hope not.
Problem is we just don't seem to know at the moment.
Hepseal I take your point about simply being low on cash and can see that is a real possibility. Its hard to calculate with the possible recent sales, how much generated and so on. Is there any declines in production? We will have to wait for the next update. You can still sell millions of shares, none of the big players seems to be selling, and there are very few buys or sells. So not sure what to make of that. You would think if there was real issues then some may be getting out.
Hepseal
Madman-Rob For what its worth I pretty much agree with everything you have said. I am disappointed that the drilling seems to have stopped. Low risk, increase volume and revenue etc.
I have listened to the interview several times and read up. I believe the Govt has had something to do with the apparent change in direction. Paraphrasing this in my thoughts, comments about licenses and the length of time they have been held with nothing meaningful coming from them. Hence why I think the company has been told to get on with it, along with others, and help deliver energy security for the country. Just my thoughts. GL all LThs.
Rlightor Yes nice buy. Be good to see some build up in buying and the SP now that people have been told what the company's intentions are. Not everyone may like what they have been told but at least PH has said what their plans are.
I think it is fair to say pretty much everyone has already made their minds up about the company and PH. Nothing they say now will change many opinions. They are certainty marmite. Its wait and see who is right and who is wrong.
I have watched the video twice. He seems very confident and doesn’t seem worried at all. Certainly some big plans and expectations. It is what some have thought, they think it is time to move on to much bigger projects and collaborations. Also think undoubtedly the administration have had something to do with the change in direction. The multi-million-pound question is who and how will they pay for it. Time will tell.
GL all LTHs.
Thanks you cymro1864 and mikee_P. Very interesting. GL everyone.
Hepseal Thank you for your reply. You know my thoughts on the apparent lack of drilling. I always thought it was a very good move and solution to keeping the revenue coming in. And yes I agree cash flow must be a concern and increasingly tight. Fund raise coming of some description? Don't know. Farm in again Don't know. One thing for sure time will tell and you would think there will be some news of some description soon. GL to you and all LThs.
Lets hope so Rock......
Rlightor that is for certain shareholders will only be informed once it’s all sorted and agreed. I think priorities probably have changed. Ph being in the country only recently. The major holders seem to still be holding and there has been very few buys and sells.
Hep has covered some likely possibilities why the drilling seems to have stopped. I'm hoping they want to retain the cash they have from the recent sales for something positive. Questions are what and why.......
As always GL to all LTHs. Lets hope for some good news soon.
Rlightor It’s an interesting read and I don’t think the timescale of it has changed its importance. I know many are unhappy with the leadership of the company, I share some of the different frustrations myself. But I just cant see how removing them will enhance where the company is in relation to operating in Georgia and what appears to be a positive relationship with the Administration.
The country has become particularly vulnerable to supply security challenges in connection with its high level of dependence on energy imports.
And for the very reason I don’t see merits in removing the current BOD, equally I don’t think the Georgian Administration will want to start over again by removing some of what infrastructure it has. I do think however there may be some frustration on behalf of the Administration and possibly that is why we may be seeing a change in focus and direction. Hopefully we will find out soon.
Lots of potential with varying amounts of uncertainty and risk depending on your outlook.
GL all LTHs.