RE: Gas, what’s the difficulties?26 Oct 2019 23:13
AJW : Excellent post , thanks for the clarification on this and on many of the other issues . I don`t see a more exciting opportunity on AIM ! GL .
BTW ~ ~ ~ I wouldn`t waste any of your valuable time responding to the resident psychotic moron , every thread seems to have at least one , unfortunately ours is so vindictively deranged that he`s ever present 24/7 to irritate Bloe shareholders . The old adage are usual the most pertinent : `Give him enough rope and he`ll hang himself ` !
RE: GAS POTENTIAL = $1.2 - $1.97 BILLION25 Oct 2019 23:36
~ " they can have it for a quid and tell them to hurry up." ~~~~ LOL !
Joking apart , if the gas potential is as good as we are led to believe I have serious doubts about Block`s ability to manage its effective commercialisation which will require both technical skills and serious financial investment both of which I don`t think Block can provide at this point in time .
Of course there are many different routes which could be explored to address these issues , the crucial issue is quantifying the precise value of the asset and proving up its commercial availability . Local Gas availability for the Georgian economy would be of enormous benefit and the proximity of the wider European market just makes proving up the resource even more crucial , let`s also not ignore the impact of decoupling from Russian influence . This is surely a very exciting opportunity unfolding over the next few months and while it`s a little premature at the moment , I certainly would not dismiss the possibility of a t/o sometime into the future . We might just get a sneak peak under the blanket next week ! GLA .
Prior to the AGM i would not be surprised to see a positive update regarding 16 with a resolution to the casing issues or even an increasingly improving volumes from this well . In addition it is possible that the result of 38 drill may be available . I believe they may already have more than an inclination of what 38 may be capable of producing and the timely release of a positive outcome would dramatically improve sentiment ahead of the meeting next week . Then we have news expected on the Bago Contract and the icing on the cake might be confirmation of the first bulk sale oil from storage . It must be very difficult to keep these sort of news worthy events quiet ahead of any formal RNS and I suspect at least some significant information ahas already leaked out . So much to look forward to and certainly some pieces of the jigsaw will be revealed next week which I can only think will continue to drive the share price forward . This is still very much undervalued , imo . Exciting times int o the near future ! GL.
I really don`t knoe wether 1.00 GBP is possible within 18months , but I really hope you`re right ! What I DO know is that this is VERY undervalued and that we are most certainly `On the Up` :)) Definitely very exciting times ahead , best of luck to you and to all committed investors here .
Well done all those who have held their nerve . The drop here was well overdone and the recovery should be equally dramatic . With so much news potential , from Infrastructure to Gas , Contracts and Oil , I feel confident that we will be well past the placing price before the end of the year . Some are probably using this window to lower their average . GLA .
mmm ~ but at least I didn`t use a `split` infinitive : `To think you were ahead of the game `: )) The world seems to me to have become quite a scary pantomime , however with the worlds biggest clown still enjoying the limelight over here , continued support for fossil , fracking and freedom should continue medium term . I`m hoping we will see some serious value progress before the Ides of March . Perhaps SoA will see 15th March as the deadline for settling their debts ! Regards to you Reaper . Spider senses 1p + soon . GL everyone .
Hi Proselenes ~~~ Interesting post :) I think previous calculations have been based on $3 pb , perhaps I`m mistaken , but the real change and big reward is surely the HRZ . If they can get that away , then it`s hardly worth doing the calcs ! I can`t remember seeing your posts on here before , are you new to 88e ? Always good to read supportive posts . GL.
RE: Great sign we are on to a winner here!15 Oct 2019 23:49
Good to witness some positivity and an encouraging improvement in volume and sentiment after such a long time in the doldrums . I`m always pleased to see the , very , long term investors remain committed in their belief . IF ~ all goes to plan , this really has to be very , very undervalued ! GL .