Member Info for SwearinNige

Worth $1.6B today circa

Croz I still hold EUZ and am going to add a load. Thailand medical care better than UK, but costly. Back to I3e here, this shoul rise a bit pre spud and then just a waiting game.

Croz, I had to sell a load at xmas time, to pay a medical bill in Thailand, so I now only hold the ones in my SIPP and about 16K in my ISA but still here LOL. Long term hold maybe the thing now. Hope you are in BLOE NFX as well. You should pay £23 per month and I can PM you.

Are you still invested here mate? The pit ponies are ready!

Spud Mid July is tremendous as it means we will avoid winter weather. Long time coming but all systems GO now.

Paul Haywood as said our target within 2 years is to be producing 8K Bopd
Tullow Q1 2019 averaged 84K Bopd
Tullow as a Mcap of circa £3 Billion, so BLOE should see £300M Mcap on this alone.
Add in the gas and the fact that BLOE doesn't have debt which Tullow is swimming in debt of $3B and that Mcap should be closer to £600M or £1.92 per share.
The above doesn't take into account any new aquisitions which PH and team are currently negotating.
PH also says he wants to make us Mid-Tier company which will take a little longer but the writing is on the wall here.

As always DYOR and all of the above is my opinion and my expectations going forward. I of course would be happy to see that I have undervalued us but that we need to remain and see.

80K buy... look at the time and the price but reported late so looks like a sell, but it was defo a buy

Really think this should have been announced by RNS this morning as it shows us going forward, not just added as a snippet of info in a late RNS the previous day.

55.49% of shares is tightly held by II and BOD, leaving c44% in free float!!... Always a good sign.

The £12m raised will be used to do what it says on the tin so to speak, so we could see a massive rise in SP sooner than anticipated. Watching this day to day hour by hour will crush your head with all the wish I had traded this at that and bought back at that case scenarios. Personally just going to let it ride out long term but good luck to those that top slice etc....

AJW< Dividends are also on my mind and they could be quite healty given the number of shares in issue and the huge potential income, although dividends would be very welcome I think I would prefer to see the cash re-invested to make us the next Tullow Oil.

I believe the next few months the SP will fluctuate quite a bit as the beer money investors hop in and out, but the price is only going North given time.

IMO Strong buy & Hold

May already have been posted.

http://www.blockenergy.co.uk/wp-content/uploads/2019/05/bloe_corporate_presentation_may_2019.pdf

It appears to me that the RNS was done after hours yesterday to hide away the info as much as possible. Why not release it this morning, instead of sneaking it in after play.

Something brewing here, the big question is do you take profits from elsewhere and sink it in here to lower your average.

Bacd why do a placing? We can pay for survey with loose change from revenue

Don't panic and sell, that is why so many people loose money on AIM. Look at the facts and trust your judgement, it usually prevails, although I admit it is not pleasant to see a paper loss. I could have sold and almost 6 bagged but I have not, instead looking at the bigger picture going forward into 2020 and even 2023. Paul Haywood is going to make this a mid tier company IMO. Then what will your SIPP be worth? I am assuming you are not about to retire in the very near future but this has a take over in a few years time written all over it maybe sooner.

Intersting to see that in the last 5 weeks there have been significantly more trades than in the previous 5 months including when the bottam dropped out of this. It went from 1.2 to 0.3 on very little volume, so why with all this recent frenzy is the price sideways I ask myself.

EQT sorry

RNS this morning worth a look at

SCB You should have asked an OWL!!! LOL

RB not eb6

Eb6 it would be a time for me to buy but spread too big

https://www.fca.org.uk/markets/market-abuse/suspicious-transaction-order-reports

one in my name and one in my wifes name, orders placed at same time, could be the answer.