Member Info for Thordon

Made first purchase of shares today , the company has many directions this could go in there advance tech.

sarah then why comment as you have no shares

Locked in , you buy shares and you researched prior.
So had some company's that went bad but others good.
Example on good bought ITX 1.7p now 4.3p ; Totally 12p now 34p , STCM 33p sold at 43p plus dividend of near 12p.
Block Energy I'm negative but not by a large margin , its risk and reward simple as that.

Problem is that you can not take the truth and will always be negative as for why there are many ( Lonely ; Mental problems ; resentful of share dealing or a green bearing hate for oil etc ) , and spout share price decline as example and use our words as negative in response.
This is a share chat line to express investment of Block Oil , and the negatives and positives.

So to cap , we are looking at £100k for each new drill for in return a expected return in one year of $1,2 million in one year for 45 Barrels of oil per day. Minus Tax by georgian government of $300k per $1.2 million.
Adding to our pool of wells drilled , now if one new drill exceeds 45 Barrels of oil a day that's a bonus.
What's more interesting did not know we had our own drilling rig , which reduces cost then to sub-contract.
This has re-affirmed my investment in Block Energy and with 0.2% interest in shares will be buying more.
Good luck as always comes with risk but then Block energy is vastly different then two years ago.

Thanks dougerboy forgot about that incentive

Looking at base assets of Block Energy we are near a value of £25 million ; we documented the value at the time of new assets purchased last year.
The fact we are now breaking even and still drilling is a game changer and only needs one good drill to change this asset base valuation.
PS asset valuation is not based on share price but what you can sell for.

LOl

https://nuestapets.com/products/nuesta-pets-hypoallergenic-pet-wipes-safe-grooming-for-dogs-cats/

That's the 3rd product in last few weeks that includes ITX ingredient's for wipes

Look at the time , seems that they have drilled to the bottom , as packing away drill bits ?

Thanks Piscator1 - its all looking positive

Just to add can not speculate but there was a note that in a speech by John of existing products manuature soley by ITX , this was never updated in new products produced. There was a line that co-operation's between parties on devolvement depending on results.

Thanks also AJP on reminding us on Itaconix® ONZTM 075
CAS No 26099-89-8

Again so many directions this company going , as for profit we need to hit $8 to $9 Million for break even taking inflation into account. This is well documented in projections except was 5 years out of reality but forecast has been correct in projection curve.

Not much news till Jan if go by history

Shows strength , expect more M&A next year in expanding in different areas - was mention over 2 years ago but software in health care.
there are several company's that are quoted but have high value shares but minus profit and are well overpriced.

Well have to say great bit of good news , so licence was to end on in 2024 if no seismic survey was to be carried out.
Now that block Energy have covered project 2 costs then onto Project 1 & 3 investment.
As for the chat today its the same , but i wonder if not as there are a group that just harras oil company's or others as in not in there beliefs.
The share price is as low as it can get , and Block energy directors have outperformed in last 2 years and hats off in the deal making.
Just listen to PH again in last interview and said a lot of M&A activity that means more then one.

Just to add 7veronic not seen any new European dishwashing product except minor fish.
However promotions of Ingredient's are kept hidden , so unknown at this stage

PS still needs to voted so not a dead loss

Mick i sold out 18 months ago but do keep pace . was going to rebuy again.
This is a bad deal for Wentworth , feel sorry for the long termers.

https://www.cosmetic.news/china-iecic-2021/

Good to see majority of ITX ingredient's are approved in China

https://thrivemarket.com/p/dropps-dishwasher-detergent-pods-lemon-scent

Nearly missed this one , had to check CAS number to confirm ITX ingredients

2013 is very old news