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rlightor,
I too have been here from the start, you would think we will be rewarded for our patience.
Like you I won’t be panicked into selling on a discussion board comment.
Maybe the Company should respond to the market speculation if they respect their shareholders. GLA
Good post Piscator1,
I thought Tbilisi 97 post was premature reporting the cleanup rather than stabilised flow rates,
We should get flow rates in 7 to 14 days now.
Staypositive , Edale Capital bought 21,693,706 shares , almost 21.7m (3.26%)
On what basis did they buy these shares, it was not on a whim, a lot of due diligence and research will have helped their investment decision. GLA
Someone wants these shares, large volume buyers on the ask, there’s more to this than meets the eye. GLA
Nobody is saying he is telling lies, it’s just normal for a cleanup
It’s not unusual to expel the cleanup water prior to pressure build up and stabilised flow rates , it’s quit common in this area I believe to have initial water and debris that’s why we use chemicals in the cleanup process . I think it would help if the company announced something along these lines.
We could easily go above £1.40 this week. GLA
It doesn’t take this long to test a duster , it takes time to stabilise flow rates as initial flow rates may have water or debris contamination so the cleanup period takes some time, can be a few weeks.
Even so, there’s an appetite for buying good volume so there must be buyers waiting when the good news comes. Stabilised flow rates coming soon, it takes longer to get stabilised flow rates than initial flow rates. Someone knows something. GLA
With luck flow results anytime in the next two weeks GLA
More and more evidence that the Trials are going well, more and more evidence it works. We should get trial results before the end of November so anytime from now . GLA
Staypositive and Rocklawn thanks for your good wishes today.
Plenty of time for another tick up
GLA
I agree ‘staypositive’
All in anticipation that flow results may be coming next week , whatever next week or not, they’re not far away . GLA
Thank you Madmanrob1,
Bitsas004,
The person who bought 649,174 shares yesterday morning must have been slightly optimistic too. Good luck to him. All share holders need to be optimistic if they’re not then they should sell.
bitsas004, I am the eternal optimist, I’ve had terminal cancer for three years, optimism comes naturally to me. When you’ve battled lung cancer, a brain tumour , inoperable adrenal gland cancer, lymphoma and kidney cancer then you’ve got to be optimistic. Yes it of course trying my patience but what have I got to loose ? I’ve had Bloe shares for as long as I’ve had cancer, one may come good and I tell you now it won’t be the cancer but I’m still sucking air and as long as I do that I remain the eternal optimist.
Although the SP slipped yesterday there were a lot of shares soaked up yesterday somewhat at a discount and as we’ve seen today there is still an appetite for HL to buy up large quantities of shares , this tells me there’s a large buyer in the background, someone knows something wouldn’t you say ? The next few weeks are going to be rewarding for shareholders patience. GLA
Other than a forced seller or otherwise and a few who panicked into selling there was no other reason for the fall yesterday, some people might be losing patience but other than that there was no other reason for yesterday’s drop in the SP . There was no RNS which caused the drop so it has created nothing else but a buying opportunity . MM’s are willing to buy quantities in excess of 1m shares , some buyers paid upto 1.5p yesterday afternoon. So fill your boots before flow news coming soon. GLA
Market Cap - £9m, this is one big buying opportunity just before flow news . We are already producing oil & gas. the Valuation today is a joke IMHO
I think the overwhelming thing is quite simply the P1 trial is still ongoing after so long.
So it’s becoming obvious that it works, it’s just a matter of time before news arrives, I’ve always believed from previous discussions this will be the end of November, the SP will quickly rise to circa £5. GLA