Member Info for Thumbsupuk

Before any of the big boys put in an offer for Block, they would want to see at least 2 good strong accounting years. What is exciting is the first one comes up this year. I can't wait to see that!

Loads more upside to go yet:)

GLA

Even if the SP was a £1 now you, could still double your money in 18months IMHO

Morning All, could someone please kindly let us know (in bullet action point form), what we shareholders need to do with the last RNS? I.e do we need to take action?

The Company is undertaking the Placing in order to fund the acceleration of its defined development strategy in relation to its rights under the West Rustavi PSA. Over the next 12 months, the Company intends to carry out the following works in West Rustavi:

· Drill up to four horizontal sidetracks to scale up production and fund future capital programmes.

· Expand production facilities to increase capacity to 4,000 - 5,000 bbl/d.

· Acquire 3D seismic to provide critical understanding of subsurface.

· Appraise two existing gas discoveries.

· Drill one new well targeting gross contingent 2C gas resource of 608 BCF.

Within the next 24 months, the Company aims to bring West Rustavi gas reserves into production, to continue oil development and to secure additional licences in Georgia and the wider region.

Paul H is very experienced in Georgia and seems to have a habit of under promising and over delivering. He also has a skilled workforce and leadership team around him:) the future looks bright with Block:) DYOR

Fuse has been lit for the next re-rate:) IMHO

Yes agreed Block shares are a steal at 13p and anyone looking to get in at 25p could comfortably double their money and beyond within 12 months:) I'm awaiting for final results around September when we'll found out how near to a mid tier company PH is aiming for IMHO DYOR

These look pretty good this morning - onwards and upwards all they way!!

https://mobile.twitter.com/BlockEnergyplc/status/1127860859814989829

I like this article and with regards to point 3 for bloe nothing has changed fundamentally and all looks very very promising:)

Strong buy and hold for me:)

https://www.google.co.uk/amp/s/www.fool.com/amp/investing/2018/04/14/how-to-know-when-to-sell-a-stock.aspx

Watch from 7 min 50secs this recent video with Paul from Block Energy speaking:

https://youtu.be/B9ulv4Qhl_I

Are you saying he's not speaking the truth?

Then watch the whole video. Nothing has changed. I'm holding until final results around September. There will always be retraction on a spike before it climbs again. If it goes down further I will be very tempted to add more.

Does anyone know when? and what events will trigger some broker ratings?

I also make the final results to be around September this year - that's when I'll be reviewing my holding.

If a bid came in from Schlumberger can anyone guess what the share price would go to?

Didn't left me finish ... I can see this trading between 90p-£1.30 12 months from now:)

I can see this trading bet

Fair enough the article goes back to 2017 but indicates the success Block is now experiencing. There's shed loads of oil and clear production processes, support and opportunities to sell it:) IMHO

If you haven't read it already check out this article on who Block has nested right next to them - this is seriously going north IMHO DYOR

https://www.oilandgas360.com/block-energy-plc-schlumberger-licences-and-technical-manager-recruit/

Low shares in circulation, self funded, plenty of upside, massively de-risked, lots of potential blue sky news to come - time to max out that isa allowance:)

Go onto YouTube and search for 'block energy' then watch every related video this company is a rare jewel and only floated last year. The story is just unfolding and they are in production with no debt. A true buy and hold:) IMHO

So let's go conservative and sa Block produce $12m in the next 12 months which we know is realistic, with no debt. Can anyone make an educated estimation on what the share price should be?