Member Info for TonyFawcett

Every seller needs a buyer , someone has got a bargain

Oil price over $77 a barrel. We it hit $100 by the year end, some think it will.

The only good reason for an RNS on a Friday is to get into the weekends press to raise the companies profile. Otherwise a Friday RNS is often used to bury bad news so at this stage in the week it’s more likely we will get news next week or the week after.

A new COVID variant has been found to have infected residents of a Kentucky Care Home, with high levels of resistance to antibodies. The strain which originated in Japan is known as R.1 and contains dangerous mutations that improve its 'transmission, replication, and immune suppression.' Come on Dr Al, sort this one out.

It’s quite possible flow rates are higher than expected and without repeating mistakes from the past , they will want to give the flow rates as much time as possible to stabilise this could easily be another week.

2.8p - 3p on the bid today possible

Last year interim results were out 30/09 .
Just tried a top up, can’t buy even a small amount .

Don’t worry too much about the SP , this can change rapidly on news. MM’s just trying to panic you into selling or trigger stop losses to get their hands on some shares.

MP
I agree the numbers on the April presentation are mind blowing, a decent flow rate result and good interim figures and an upbeat operation update should return some of the confidence the SP has been lacking recently. GLA

As we have often been reminded that this is all about Gas and not about Oil, oil is the bonus the cream on top. With the demand for Gas prices are going to finish the year almost double what they were at the beginning, this will have a significant effect on revenues as we start producing more gas, not only could Georgia become self sufficient but it could export to Europe diminishing its reliance on Russia. Let’s hope our Gas reserves will progress us towards being that mid tier oil & gas producer that Paul Haywood once dreamed about.

I wonder how many times I’ve heard that !

I would expect a rise this afternoon in anticipation of news next on flow rates. Followed by Operational Update and Interim results plus Spud of WRB2.

If we cast our minds back far enough , Block Energy has always been about Gas and lots of it. Remember that the Oil is just a bonus. GLA

Seller should get mopped up tomorrow , last chance to get in under 3p could still be today.

HL offering 2.8p on the bid for 100,000. Things are hotting up.

We could end the week 3p+ IMO

By the looks of the spread they are trying to discourage buyers, typical move prior to a positive announcement. GLA

The opportunity to load up prior to the flow rates and further news couldn’t be any clearer than the signs that are blindly obvious over the last couple of days with today’s video and yesterday’s RNS.

I can’t see the flow results this week after today’s RNS, more likely next week or even more likely the week after, but I have more confidence they’re going to be good.

BFFM , on top of which contractors , employees & Directors have been taking part salaries and other payments in shares for sometime now. It can only mean one thing in my eyes. GLA