Malcys Comment11 Jun 2018 15:31
Block Energy
First day of dealings today for Block Energy the latest Georgia based company to appear on the market. The company has raised �5m at 4p which I am led to believe is significantly more than they had originally expected and has some high quality institutional backing. I am meeting with the management tomorrow so will report back after that as there are some important questions to ask them.
Finally the arrival of another Georgian based company on the market can only be good news for Frontera Resources as it will surely highlight the huge potential in the country which up until now has been to a large extent missed by the market.