Member Info for SwearinNige

Anyone new here should read and re-read the RNS 27th January to evaluate where this is going during Q2 this year and then beyond. 18 months time this will be a cracker IMO. Just wish I had more spare cash but in these times cash is king I suppose to keep the food on the table and the baliffs away from the front door. Bills still need paying with no income in my case. The Govt scheme in place does not cater for me and a few more in the same situation.

Manicman have a look at BLOE also in Georgia same as FRR. BLOE and EUZ are my 2 largest holdings at this time.

Montmuzard,

Good first post and very true. I am trying to sell my car to buy more but no one can come and view it! Bloody CV-19!
GLA

https://www.thebusinessdesk.com/northwest/news/2057424-hygiene-group-sees-orders-soar-and-announces-partnership-to-serve-hospitals?fbclid=IwAR27Zyuktvzqlg_slqq_c_4zWHHeXmOfn7E27YWF9xSJRU5eCuH9XDcJ24s

Bobby, I understand your frustration if you have stood by and watched this decline from 0.3p to 0.016p, but surely if you still believe then you would buy more now at these low prices and I for one wouldn't pull you down if you was to try and trade them on the ups and downs to try and increase your holding for the longer term. I see Mcap before approx £7.5m and now Approx £2.67m so a hole of £4.83M. But raised £6m as you say to further increase the value which sadly as not materialised due to the SS balls up with ASX rules which YES, the BOD have to shoulder the blame. But what a buying opportunity now if you believe in the asset and LR and co to take this further.

But this is not about todays SP it is now all about the end game. What is an achievable sale price? Personally I will be happy with anything around £100m, as I am sure most would be here giving an SP of around 0.6p, not accounting for any options / warrrants etc, so everybody is a winner. Worth remembering the figure could be much higher, much higher but only a little less. Do the maths at £100m £150m £200m etc and this could be bargain of the decade.

GLA

Shed 08.13 post, I don't believe for a minute that after all the hard work LR and co have undertaken they are going to let the company collapse under financial reasons. LR has spoken a lot in recent months about shareholder value and he has a lot of options to make himself a fair few quid out of this! I do however recognise your concerns but I firmly believe the board will be addressing these matters if there is financial constriants required.

It is now just a tick in time to the end game IMO.
Stay strong, and stay safe everyone.

Some very valid points stated this morning Teaye71, Cahus, Garwool, Shed, Manicman and BobbyB.

At this point we have to take a back seat IMO. Would you rather be 30%, 60% down on your investment and alive, or be the richest man / woman in the graveyard? After the last 18 months we have endured here, we just have to wait another 4 to 6 weeks all being well. None of us know how this virus is going to last for or 2nd waves of it, so long term it maybe better we don't have the results yet as what is the next stage with the world in lockdown? The asset remains and so does my patience.

Fuse, I had a merc C63 a few years ahgo. Great car. 12 plate though so old now. The car I am selling I never drive!
Ferrari 360 F1 Modena, FSH, 25000 miles £68K and it's yours!!

I just put my car up for sale... If I manage to sell it quickly I will be buying millions at these prices.

You can now buy at a 90% discount as to the SP last May! Massively oversold IMO. With the upcoming news expected late Q1 and into Q2 this seems a no brainer to buy more.

And the price drops!!

I never thought that I would be writing the following.

I bought in Nov 2018 at 2.85p, watched this rise to 17p and never sold a share. In hindsight obviously I would have sold the lot and bought back now, 6 folding my holding, however I didn't sell. I am now sat on a paper loss!
I ask myself what has fundamentally changed since Nov 2018. we have raised £12m, drilled, flowed and are about to connect gas, have storage facility, and the Mcap is back where we were in Nov18. So huge gains to be made here from this ridiculous valuation of Bloe. So yesterday I decided to buy more and will buy lots more if I can raise some cash by sales of other holdings. The price of oil is low due to the saudis v russians ut it will bounce.

A fact is the last time there was a virus oil demand went up not down as many experts predicted, this was due to people using cars, not buses, planes and trains domestically. Aviation is suffering but will return soon. This virus just needs to be forgot about, move on and if you catch it, deal with it.

What a great interview. Several great points and no negatives....imminent Mets!!

Some clown bought 3 755 192 shares for £781.08 at 08.02 and sold at 08.34 for £713.49. A nice loss in 32 mins.

Bungle 66, Coronavirus look at NCYT and BYOT. Lets hope BLOE release something good in the mean time. GLA

TLS Shed. Some good points you make. I have recently been thinking that the silver could not be forward sold either without a mining license, as who is going to give hard cash and their money is in the ground forever

https://www.share-talk.com/share-talk-bulletin-board-heroes-friday-7th-february-2020/?fbclid=IwAR1YIfjzunsomyRGt0wqJe0oMH9KY_KleRaFQJ8z-w4fgl_WTCwhMQOV1U4

Mike31 ? AKA BTM

BTM, if you think 11k is a lot of money maybe you should have put it in premium bonds. I can think of someone who sees great potential here and invested £1.5m of his own hard earned money. He is also an expert in this field. Mr Alistair Ferguson. I have a large holding here and am holding out for another 6 months minimum having been invested since Nov 2018 at 2.85p. 30p my initial target price.

L2 looks good pre open