Member Info for TonyFawcett

Bodes well for tomorrow’s opening, hopefully we get news soon , however it could still be two to three weeks or more before flow rates stabilise.

Unfortunately :(

Leak ? RNS could land tomorrow

With an Ops update and interim results due soon there’s a lot to look forward to, not forgetting the flow rates from the current drill. An exciting few weeks , that should see the SP well into double figures by the year end.

The next move could be a takeover bid by the Shareholder Group probably at about 5p , still very cheap comparative to our assets .

Look where the last premature oil flow report did for us. Be Patient everyone, it will come.

I am expecting the sp to be £2+ by Christmas & a dividend.

They are taking share options as part of their salary , it gives me confidence that they are doing this and good luck to them and all of us. This month will be transformational for Block, our patience will be rewarded. GLA

Nice rally up to the close would be nice

I think mms have dropped the Bid to fill a large buying order, price will rebound before the close, no one wants to be left short.

They would not be so stupid to sell just before a major announcement, they are in the business of making money, losing money would not be part of their business plan.

With a vote of confidence in the BOD , drill depth achieved on a proven resource I am surprised this hasn’t moved up further. Last time the sp reached 5p, it went to 17p very quickly on far less info than we have now, after the fund raising it was walked down to where we are now . Let’s hope we get back that lost ground and the sp is re rated.

Off we go, fasten seat belts this is going to be one hell of a ride GLA

Any guesses when we can expect an update on WR-B1 ? Days or weeks ? I think after a the vote of confidence in the board we are repaid with regular updates.

Now let’s concentrate on producing oil and gas and get this share price to where it should be.

They said they hoped to complete the drill in August, not that they would. With the General Meeting tomorrow we should expect an update if there has been a delay unless they are withholding price sensitive information from the market, one of the accusations by the Shareholders Group. I doubt that to be the case and an update must be imminent. GLA

It’s not guaranteed the well will be finalised tomorrow, delays can happen. Accusations that Block is a lifestyle company for its Directors are misplaced, as they’ve been taking share options as part salaries , even suppliers have been paid in shares. There’s only one reason they’ve taken this option and is not going to be a duster. The news is not far away wether it lands tomorrow or not is another question, the results of the GM is a almost a forgone conclusion it seems. Good Luck to all long term holders who have kept their faith and loyalty in Block. Looking forward to the Opps update in October as well , it could be the cream on top.

Yes Scot, I’m convinced with all the information to hand a Farm-in agreement could be almost imminent.

I am sure a deal with a Farm-in partner will be announced very soon based on the yesterday’s presentation. I expect they are further down the road than some might imagine , the 3D images and exploration detail was very impressive and it won’t be long before we have news.

After traders have taken their profits the next step is towards £1, yesterday’s webinar was staggering in terms of numbers. Once a farm in is announced then a re rate will be due taking market cap into the billions, as one of the biggest oil exploration finds in history.