Member Info for TonyFawcett

Bobbbyrash - I’ve just listened again and your right , my mistake, yes one sidetrack every sixty days. That’s still three new wells a year. One thing he mentioned was the potential of the gas that the market has not picked up on yet.

Ches , PH said 6 sidetracks every 60 days, that’s a sign that it works and production will be ramped up soon. Looks like Quarterly update will be next week now unless intraday today. Everything looks to be falling into place at last. GLA

Sarah your clearly not invested, and your comments are not appreciated by investors in Bloe you clearly just have a very large chip on your shoulder . Let’s wait until after this next update before we have anymore unjustifiable comments like yours which are clearly not the words of an investor.

If you want my optimistic view on things , and I don’t disagree with other views relating to PH and the past. PH would be a fool to be overly optimistic or bullish , he will have hopefully learnt from his previous exuberant forecasts that began the decline in the SP.
The pointers from previous RNS’s and updates and interviews point towards some positive news in the next upcoming Quarterly Update and hopefully a start in rebuilding the SP which reflects a true value and I think we are approaching that time . If people on here commenting are not invested then they are not really qualified to comment unless out of bitterness and there are a few of them, deservedly in some cases, however those of us who are invested have a vested interest in a turnaround in the SP.

Vox interview was very encouraging and mention of quick wins points towards a positive Quarterly Update which could be out as soon as tomorrow or early next week. GLA

I hear what you say and I don’t disagree with you rxdav, but I read into this different to you and both of us hope I am right so we can salvage something out of this despite as you say history of delays and silence .

This is hardly a surprise now is it ? It is not ‘money for nothing’ , it’s shares for salary actually, shares in lieu of Salary which has a status quo effect on the balance sheet as it saves cash.
We should be encouraged that they are happy taking share options for salary as a sign of what’s to come. Operational update could be as soon as tomorrow or sometime next week followed by Spud news. GLA

Scoobyrex, if it’s in Lieu of Salary that saves cash so yes there is a small dilution but it’s reflected in the balance sheet. If it were share options in lieu of a bonus that’s a different story but that’s not the case. I

Your right there Rxdav, when you’ve got what I’ve got you have to be optimistic about everything , it’s the only way to be, I’ll tell my Bank Manager what you said it’ll make him laugh . We’ll get you to 4p very soon :-)

I am still expecting a positive upbeat Quarterly Update, possibly as soon as Thursday this week. Followed by increased news flow, yes I am the eternal optimist but I truly believe we have turned the corner. GLA

I agree with both of the previous comments and yes it has been excruciatingly frustrating, lack of meaningful news and explanation as to continuing delays has held back the SP, investors have been annoyingly left in the dark. However I feel this is about to change and a positive news flow is about to happen, the Lord knows how patient us LTH’s have been and I feel the wait will soon be over . GLA

Assets verses capitalisation is a joke, the next few months will be astonishing, substantial share price increase is inevitable. GLA

The Company has built an excellent portfolio of assets and the exercise of strict capital discipline, combined with the benefits from higher oil and gas prices, places us in a great position to develop them further in the year ahead. Supported by our cash flow positive business and non-dilutive development financing options being explored, we plan to step up the rate of drilling in 2022 and 2023 to increase oil production and appraise the deeper gas play within our licences, which we believe contains substantial gas resources."

Come on BLOE , onwards and upwards. GLA

We should hear something in the next couple of weeks , Quarterly Update will be out soon which should update us with WR-B01 and other sidetracks possibly as soon as this week.
We need some good newsflow to rebuild trust and the SP, Lord knows we need it and so do the Directors if they are going to salvage their reputation.

I hear what you say Rocklawn, I am also retired and have also experienced a lot, and have learnt to always expect the unexpected. I am not saying this will happen just reporting an article in the Daily Mail , Morgan Stanley predictions are what could happen if ! You take your choice. Good Luck.

https://www.dailymail.co.uk/news/article-10975945/Financial-analysts-fear-global-oil-prices-quadruple-Putin-cuts-crude-production.html

Global oil prices could QUADRUPLE to $380 a barrel if Putin cuts supplies even further in revenge for Western sanctions, experts warn

5.5p next Friday - GLA

We should see a re rate soon, we are extraordinarily cheap. Hopefully it should start next week markets allowing. I think an investor presentation would not go amiss alongside the Quarterly Review. The last two quarters of this year will be game changing. GLA