Member Info for Thordon

Key points - Cash positive in activities on going - Farm out in early stages with government backing - CO2 storage as there is EU funding that can be tapped , if indeed world class - Further M&A activity regarding project IV.

First quarter going to be interesting time.

Very interesting also note photo in the background for Contents - Project III Block Energy

On Project IV would need to test drill in order that the 30% would increase , on project 3 we already know its viable .

The new web site & presentation is design for farm out of PAT 1 , this could be interesting how the next few months can pan out.

This has always been about the gas , my guess we be left with 30% of the field fully funded till the gas flows.

Well at least we know a dividend coming , same as last year. Thought the tax on dividend only was effected by intrim payments.

The growth was out line many years ago , but was five years off track.

The growth started 3 years ago and follows the report except now exceeding that prediction.

Near break even this year with pretax profit next year excluding research development cost.

This company has been about time and for long term holders.

Good report

Well that's not true , oil and gas production has increased above cost base , investment which in any company is treated as investment. also management have proven deals and future farm in deals.

Example being a $3 million investment by Georgian government in a field owned by Block.

Lets hope market been very negative on AIM

With the discovery of investment in production teams ( Labour ) at their main factory base , expecting the growth as predicted forecast by the brokers.

The Only factor was the brokers forecast was five years out but looking at graph is following predictions.

Expecting a break even for final half , with a pretax profit in the first half of the new year 2024.

As we know their after is recurring orders with also increased adaptation of their product.

Positive

Hi AJP08 every time i look a new product everywhere , so i'm concentrating on detergents as high volume low margin.

The delay is in Europe which we to have a announcement on two company's which have not been disclosed.

Still surprised paints never been taken up for replacement oil.

Without being rude , can easy be looked up and before you invest research.

Thanks Piscator1 , adds to why the silence with maybe a farm in

Tek has company's invested that are on the verge of nearly there in terms of expanding multiple times all of them have merit.

To sell out early is a fools mission , market is negative and we have great products.

Microsalt IPO delay is correct as not time in this negative market but also could be waiting on a excepted mayor order which believe to be correct of why.

I play long - then we live in world now that you need feeding news.

Hi AJP08

Thanks , ITX are dominating Hair spray products i.e shampoo to hair dye these are low volume ingredient's but high volume gross profit.

Hence why theses are distributed by 3rd parties , below is direct.

Dishwasher are high volume but low gross profit - but this is key area and any new ones added vastly increases turnover.

As stated we can only go by brokers report , if they hit that brokers report or more then expect a re-rating.

Totally have in my opinion been too open and that's open to the skeptics , also to the ones that have a anger to one investor here.

Shame as it clouds the real topic of Totally

Understand that others have lost due to comments on facts on other company's but the truth is that sometimes you are blinded in your investment and take that resentment on that blogger even to the fact what you say is fact or fiction.

Sometimes is best to listen to the negative , on here its always directed at one person.

Maybe the silence is being brokered on a farm out , this was mentioned.

Top up at 8.25 p several months ago , in the brokers report noted reduced gross however the free cash flow reduced but overrule profit margin still positive with Cash flow increasing in 2024 due to delayed payments.

You think that a patent granted would be of a RNS and the ramifications' of the patent.

Just back from Ireland from a wedding will be catching up on the news.

If pepsi bought tek they would still not own micro salt , due to different share holders in micro salt. Pepsi would only bid for microsalt and ensure owning the whole company. However micro salt would need to list first so the enforced rules if there was relutant sellers. This being pepsi owning 90% of company.