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This was recently posted by Block Energy on their linked page;

With shares trading at c.70% discount to our 35p/shr Target Price, we see considerable scope for rerating in the near term. Accordingly, we are initiating coverage with a BUY recommendation.'

'Building Blocks', the research note on #bloe from Mirabaud Securities, is now available for download from our website: https://lnkd.in/dSxCPr7

No fundamentals have changed from what I can see:)

In my research I agree with Block this is due an imminent re-rate very soon. Anyone care to guess where the new SP support will be?

Just love Blocks message on LinkedIn this week. Brings a smile every time I read it:)
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'[W]ith shares trading at c.70% discount to our 35p/shr Target Price, we see considerable scope for rerating in the near term. Accordingly, we are initiating coverage with a BUY recommendation.'

'Building Blocks', the research note on #bloe from Mirabaud Securities, is now available for download from our website: https://lnkd.in/dSxCPr7

PH said news will be appx 2 weeks from the interview this week so I’m not expecting any news just yet. What is exciting in between is another presentation to fund managers, hedge funds etc on the 9th where we could see some more heavy buying and hopefully get us into the late teens. Then comes the news and 20’s here we come!!!

This should be in the mid 20’s by now not sure what’s holding it back. Surely a re-rate soon!!

16az soon to flow much better as increased production facilities now in place. Then move into next well and produce even more oil, with more wells to open up. All the time gas is lining up ready for production in the new facilities GOG are building - all looks good to me! Oh and plus further acquisitions to come - lovely oh and happening this year!

It will do:) plenty of good news to come with a strategic ops update very soon that will send the SP back past 17p:) DYOR

Great RNS this morning Block are delivering again what they’ve been promising
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The Agreement secures Block immediate access to up to 90,000 bbls of storage capacity at GOGC's main facility - pictured above and below - near the town of Sartichala, located some 30 km from West Rustavi and readily accessible from the Khakheti motorway that runs by the field, one of Georgia's main transport arteries. Removing oil storage limitations is a critical element in Block's fully-funded back-to-back drilling programme, which has been designed to ramp up existing oil production and advance a contingent gas resource of over 600Bcf.

Has anyone got any news on this afternoons Amati VCT presentation?

It was a string of RNS’s that got the SP to these levels. We now need further updates to the market displaying rip roaring increases in production, profit, acquisitions and surveys;) not long now:)

I’ve got no doubt that Bloe will become a mid tier company which I know PH has mentioned a number of times. All the right ingredients are there. We’ve only just achieved our first year on the market and achieved so much already. What we need now is a steady stream of quality RNS’s updating us. Bring them on PH. I’m awaiting the first years revenue announcements over the next few months, increases in production, new acquisitions, gas production updates etc.

It’s worth following Block on LinkedIn if you’re not already:)

Visit LinkedIn and search ‘Block Energy Plc’ hit follow and see the recent posts:)

Well from what I see there's nothing to hold us back now. It would be nice to see a re-rate back up to the late teens followed by some good strong RNS's to take the SP even further - Onwards and Upwards all the way!!

Just checked out Angs they did a placing to cover the rest of the years expenditure. This is nothing like Block. Block Energy are well in monthly profit from existing production and not the same reason for the placing (which is to speed up more production). Take your deramping elsewhere and focus on Blocks fundamentals. IMHO:)

£1m per month no debt phenomenal upgrades to be announced and £12m in the bank to speed up increased productions. So can anyone please give a clear answer on what the problem is?

It just seems like short term volatility over the raised capital to get us there. I agree with an earlier post that unless fundamentals change then Block is in a great position:) my goal has always been to hold to the agm and review where everything is at then. Last time the first tranche of shares got placed it shot back up 30% in a day but we know more shares to come tomorrow so until these have settled and coupled with decent RNS’s then we should be up again!! How does Blocks fundamentals relate to other companies? And what’s their share price? IMHO

Why do people keep comparing other companies? It's like saying that guys got ginger hair it won't be long before we're all waking around with ginger hair. Different people different BOD running them. BLOE is in a league of its own. What makes it so interesting is that it only floated in June last year and had already achieve s so much.

New companies to the market have a lot to prove and want to make a success for their shareholders. Ofcourse there is risk vs reward but pls don't keep comparing to another individual company. BLOE is set for great times ahead IMHO and it's better to be in than out:) rant over have a great day!

What we need now is an RNS saying that 8000 bopd is achievable as i know PH mentiones it on the interview but an updaqte CPR, production/storage has been fixed and a trade partner has been announced. If all these happen and are positive then we have to be around 30p or at least double of where we are today.

Interviews are nice and I'm sure many opf us really appreciate PH giving them, but we really need some more ground breaking RNS's to push the SP to the next support levels. My startegy has always been hold for the final year results as I think these are going to be stonking:) IMHO

and expected increase in CPR:)

Thanks for posting - in talks with a couple of large trade agreement. With one soon to be announced to the market:) exciting stuff

Click on Block and see the delayed last trade for a 350000 buy!
https://shareprices.com/sectors/oil-and-gas-producers