Member Info for TonyFawcett

With the sustainable rise in Oil prices above $60 a barrel linked to the strength of pound verses the dollar at nearly $1.40 to the pound then our profit potential has just risen by a sizeable margin over the last six weeks which strengthens the case for a takeover bid in the short term .

Of course Block is now a takeover target, it was rumoured before but now with it de risked so much coupled with a very low market capital and backed by a impressive improving asset base which has income with rapid potential growth makes Block a very attractive target. If a buyer can pick this up for 10- 15p a share then they have a bargain. IMHO, GLA.

Looking like we will burst through £2 as soon as this afternoon and next week £3-5

The BBC need educating on our LFT, they have made several referrals to LFT’s being an unreliable test, plainly talking about the Innova LFT and unaware the Avacta test exists yet, our PR company will need to address this issue when all is revealed .

LFT news tomorrow , Monday or Tuesday in time for Boris’s statement Monday

We can expect big big news within the next few days.

Today’s Times, 400,000 tests a day will posted out in mass testing easing us out of lockdown.

https://www.thetimes.co.uk/article/hz-splash-17-hsc-xz3dpdnvx

It’s ok, I’ve bought some Euro Lottery tickets . £157m

This isn’t easy to predict , all looking good and then bang . It could still finish up on the day or week, who knows ?

Government dropping plenty of hints of mass LFT testing, it’s been frustrating getting here but we’ve had to ramp up manufacturing capabilities to satisfy market demand. We will soon be hitting the ground running where rapid testing will open up socialising, sport, work . It is us !

BLOE is now de risked with huge potential , cash in the bank, increasing income from Oil & Gas sales . Oil price at a years high, what can possibly go wrong ? I think we are going to hit a lot of peoples radars quite soon. GLA

This will be 5p + by the end of this week, once the wider market pick up on this through some positive press then they will see how cheap this is, and it’s huge potential.

Been waiting along time for this, well done all fellow LTH’s and believers . GLA

$63.48 to be exact , this is a very sustainable rise in the oil price and should be filtered in to the sp before to long.

We are also more likely to have a share consolidation to move us away from being just a penny share as we build credibility on our way to becoming a mid tier oil & gas producer.

Spudsoil
Yes I do, it’s all down to volume of sales as AJW says , opening up of new wells could come thick and fast and this combined with rising oil prices 20p + is very plausible.

I am not hanging my hat on an RNS this week, had too many disappointments at 7am in the last 18 months. I’ve waited this long , I am happy to wait another 2 or 3 weeks because I know when the news comes we will see 7-10p and 20p + by the end of the year. We’ve always said this is all about gas and lots of it. GLA

Smartphone readers are going to be an essential tool in the testing world. It’s been mentioned that CV19 is going to be with us for the foreseeable and so will testing. No longer is testing or vaccines going to have a short life, like flu it is something we are going to have to live with for a longtime. Avacta have not missed the boat, this has not even got going yet, Avacta are even already working on a second generation of tests, this is obviously the digital variance which alongside a vaccine passport will free up the economy.

I should imagine they will be a few who want to get in T10 or T20 before news on flow rates which we can expect over the next couple of weeks . A re rate is imminent and 5-7p in the short term leading to 10-15p medium term . 20p + by Q4. GLA

Flow rates should be out within the next two to three weeks, Oil at $61.5 , trading at a twelve month high.
Buys out number sells, the price will shoot up once we have positive news.