Member Info for staypositive

Great post Bobby. I am of the absolute belief 2023 is going to be our year.
All the best to all genuine BLOCK holders. I endorse bobbbyrash best wishes to the drilling team and keep up the hard work and stay safe over the Christmas period.
Best wishes to the BOD, I for one believe you will return shareholder value, onwards and upwards everyone, and lets all move on from the past, it’s all about the future now.
Love the tweets, all the best everyone.

Thordon I don't think you will be far off the mark, I think they will keep at it now one after another. GLA.

ROCK The MC of companies are as mysterious as anything I have ever come across. I am heavily invested in MATD at the moment. It is producing nothing, will need a fundraise or two next year, and has a MC of 32m. But it has potential. UKOG has a MC of 13m. ??? So what I would say is I see no reason why BLOCK MC can not be multiples from the 8m that it is at the moment. Currently there is no one buying BLOCK shares. The odd PI topping up but that is not going to shift it. When the heard arrives that will shift it.
For me BLOCK is a great Risk v Reward share.

ROCKLAWN For what price the SP can go to, I have kind of given up on trying to guess that but what I would say is that the company has an extremely low MC and as far as I can tell much of the share issue is with people who do not seem keen to sell at these levels. So my thinking is there is a relatively limited free float which when tangible good news does land this will make for a sharp recovery in line with production volumes (as well as the other good news that may come along NDF etc.). For me I’m not bothered if they get the stuff out of the ground from 20 locations or just one location. If its cost effective and profitable crack on. I do like the shift to multiple wells as we all know getting the stuff out of the ground has been a major issue in this location forever. Let’s give the company some credit for changing their approach from what created much of the negative hangover from when they first set out.
I for one believe 2023 will be a much better year SP wise for BLOCK and shareholders.

pawnsacrifice I think they are trying and I for one do think the BOD deserve a break now on previous mistakes. We can only look forward now no point dwelling about mistakes made. I honestly believe BLOCK will turn the SP around, but its going to take time, bit by bit. The fact that they are not diluting the company to bits tells me they are keen on sending the SP North from here.
GLA genuine holders, and I hope the BOD keep the positive Twitter messages coming.

Sarah1234 I can only suggest you try to get help for your disorder. You are more obsessed about BLOCK failing than I am and I have money invested here. You seem to have a serious obsessive-compulsive personality disorder with your constant brooding about BLOCK. In short, I think you are raving bonkers. I’m going to filter you for your own good so you have one less person to obsess over. Seriously you really need to seek help for your own good. And I suggest the same for those who recommend your posts although I suspect it is yourself with your multiple split personality accounts.
For all genuine holders. Keep the faith and patience, the foundations are being put in place, better late than never.

The testing programme was designed to evaluate fluid levels and prove commercially productive oil zones - It has.
The final test which has been on pump since the 9th of December, is producing at a rate of 45 bopd and will now be handed over to production.
The Company is now in a position to advance Project II, from both a subsurface and operational perspective.

IMHO this is not a failure, low-cost wells that will incrementally add to production. Some will/may achieve more through side-tracking. (and they only need to hit one big one). Stated on the other side each well should become profitable within around 6 weeks provided oil prices hold up and thus pay for the next one.
Complete mystery to me why people spend their lives posting about a share that they have no investment in but everyone to their own. Been amusing today reading these desperate individuals trying to convince everyone that its all over. Back to filtering them, best leave them talking to themselves.
GLA genuine holders. Don’t let the trolls make your decisions for you.

They proved they can deliver with their $100k deepening and from the RNS once they have the cashflow from same will start the horizontals.
Meanwhile we can start speculating on WR-B01 ST...

This is a huge buy, risk to reward at these levels. They only need to hit one and this will rocket. Slowly and surely and IMO about time the BOD started getting some credit, GLA

scoobyrex I agree totally with your post today 13:24. The longer the wait the bigger the prize in my book. GLA genuine and sane LTHs.
IMHO Strong Buy at this level.

ROCKLAWN Spot on with your post. GLA.

If all this turns out to be a dud then they are going to look pretty stupid with all the Twitter releases. To me they are trying to communicate positively with the holders. GLA I'm keeping the faith and patience.

bobbbyrash Thanks for the update, slowly but hopefully surely.

Chesh the action shot is a vote of confidence in my book, why do it if you don't think there is likely to be a positive outcome. And you are spot on with the colour of the trades. I posted my buy which is showing as a sell. GLA.

Chesh like the footage. I just had to have another top up 62149 shares at 1.268p.

GL all, BLOCK are certainly appearing confident.

"The lasting value of Project II’s JSR-01DEEP, for example, for which results have yet to be reported, may consist in its capacity to inform the effectiveness of future wells rather what itself produces."
For what it is worth I think it all about the NDF and what that will underpin. There was a poster on here a few weeks ago, gave one of the trolls a load of stick. I’ve looked back but can’t see the posts (bloody thread). They appeared from nowhere and were talking about this is all part of a much bigger plan, not just standalone revenue etc.
Things are looking up and I’m more confident today than what I was at 7am yesterday. I believe in BLOCK, always have, and keep adding whenever I can. This could be a huge multi bagger in the coming months especially with the number of shares in issue and current market capitalisation of just 9m! I do think the BOD do deserve some credit for not diluting the company to hell over the past few months or so. Most AIM companies would/do so that tells me they are bothered about the SP in the future.
GLA, the directors have huge stockpiles of shares paid instead of salaries and do not seem to be wanting to offload at these levels.

A strong RNS for me to start the week off. Surprised but pleased with that.

ROCKLAWN I'm a believer in BLOCK. As you say if these wells were duds we would know by now. Lots going on and much of it linked so not surprised with the wait. The BOD must know they have to get it right this time, learning from previous mistakes. I actually think they have done remarkably well not to have had a fundraise, shares for salary noted. I think they are taking a cautious approach to announcements. GLA. Il be checking in at 7am.

ROCKLAWN Certainly getting closer but I think it may not be this week, but before Christmas. Having said that I will be checking for the red dot each morning. And I believe BLOCK will come good. GLA.

Jax over the years I did dangerously near to 6 figures, but got out with a chunk of capital to have a go in other places. Hope the LTHs manage to get out here with something.