Member Info for V111JAS

No !
6.20 / 6.40 . Closing price 6.3 p up c. 3.25% .
Must be a problem with your account holder .
Should correct when we shoot up 10% tomorrow ~~~ or at least sometime very soon ;)

Thanks for posting that Nick N .
That plant looks ready to be `Fired Up`!
Plenty of time to meet stated goals before the year end .
St Legers Day getting very close now ~ hope you are all getting ready to mark your Race Cards ;))
VGLA

~ " Now if they said you know what, we have created this pain and will take a 40% cut in salary till we have returned some "Tangible" value to shareholders then fair play, but that's not what is going on is it. " ~

I totally agree with the point you`re making cp .
That is exactly the honourable position any decent responsible CEO should have adopted , share the pain .
Paying Contractors in shares to conserve cash was a very astute move , I completely support that and any associated dilution is a price worth paying ~ BUT ~
This ongoing shares for a 40% salary reduction is exactly the sort of behavioural issue that gave that ******* bunch of spivs the ammunition they needed to call for an independent audit .
You`d think PH might have woken up to the fact that his tenure has been one of complete value destruction for a very large number of Private investors . But NO , another month of reward for failure .
Deplorable greed and very transparent deception ~ IMO .
NO pain for this BoD for incompetency and value destruction .
When the results of this drill are announced we will have BH to thank , not PH : and his ultimate reward will be far greater than the sum of his rather large normal monthly salary , which I doubt very much he would have invested in stock each month .
It doesn`t just look bad , it really smells bad .
Just my VHO , as one shareholder that helped to save this BoD from the clutches of a shower of asset strippers who would have finished us all off .

Cogent , professional sounding assessment , oldlogger1 ~ Thanks .

Why can`t this BoD say something along those lines ?

They need to take a leaf out of Colin Harrington`s book over at Zephyr Energy to see how a fledgling O&G Company SHOULD be managed . Unfortunately I`m too heavy here and too light over there .
Despite the frustrations , it is at last starting to look a bit more hopeful for long suffering BLOE investors .
GLA

Simply ~ ~ ~ EXCELLENT !

Hepseal ~ 20.44 ~ Yes !
I think it would have served investors much better if the two issues had remained completely separate .
A more explicit statement tomorrow (or later) might have had the potential to get the mkt cap UP from its miserable 16.5 M .
I really do hope this BoD start to manage communications with more competency .
They MUST remember that they are now seriously indebted to we , The Private Investors .
GLA

AJW : Are you getting that detailed information from the Company ?

: )))

That`s the best news today !

Although I was very pleased to see the scum skimmed from the top of the pond .
Well done all those 90% who voted . BoD must now up their game .
GLA .

Perhaps some can already hear the sound of horses hooves ......

Only my opinion based on past experience !
A `Monthly Update` is not typical .
I`m only recently invested here , so probably not up to speed .
Perhaps they`ve been expecting / preparing for corporate activity each month ;)
GL .

When a Company makes a statement , for no immediately obvious reason , about shares in issue or voting rights , you can bet that there is a likely some sort of corporate action going on in the background .
~ " Be Prepared " ~ !

imvho.

Ttta : You seem to have become much more cynical with negative leanings since you were `Norfolk` !

Remember ~ it only took about Six , very exciting , weeks for us to rocket from c. .05p to 3p in Dec `19 .
I`m pleased that DP is not pumping the potential with hot air that soon cools ,
because I have every confidence that we will enjoy a similar experience once the quantifiable news flow begins .
VGLA .

Bigboffer : In principle I agree with you but at this point in time the BoD are dealing with a somewhat exceptional issue .
Contrary to giving that bunch of ******s any ammunition or cause for criticism , I would be persuing a strategy to make them look even more imbecilic than the reputation of a contemptuous vindictive group of self serving ****s they have brought upon themselves .
Once this resolution has been defeated , and the drill acclaimed as a success , then sure ; open season on the BoD if they continue in the same secretive twilight world of repetitive bedtime stories .
Let`s see what transpires tomorrow .
GLA .

~ " Given this governance debacle by the Share Holder Group they have NOT shown themselves to be fit and proper people to run Public Companies. Block would soon become a lifestyle company under their control with NO value accuing to shareholders. " ~
That is a FACT .
However ~ I also side with the 11.22 and 12.02 posts from yesterday , except just like Haywood I am also drinking in The Last Chance Saloon . I put some serious money in here to average down to 2.936p , I regret that decision . Still significantly underwater and despite issues beyond the control of the BoD , I can`t say that I`m over the moon with their performance .
BUT ~ this is neither the time to criticise or sell shares here ; we `MAY` just be on the cusp of the transformational news so many have been eagerly awaiting .
Assuming dismissal of the hapless disrupter group AND a successful outcome for the drill , we should quickly regain some forward momentum .
It is from that point of new begining that Haywood will have to prove his competence and ability to move this business forward
and the starting point has to be dramatically improved clarity in regular updates .
Nervous , but I am more hopeful on both counts .
GLA.

~ "Uk AIM market, you will never find a more wretched hive of scum and villainy. We must be cautious " ~

LOL Sea7 !
By far the best description of this rotten unregulated market that I have read recently !
Unfortunately this Company is carrying a disproportionate share of the jetsam .
Once it`s all thrown overboard , we should sail steadily Northward .
GLA

You`re right and wrong Dofmeister ~~~ It could of course be all three !
Plus just about anything out of left field ;)
There is one guarantee ~~~ News is close .

Not long now before `The OFF` , I really hope that people can wait just a little longer and looking at the tiny volumes over the last few weeks that would seem to be exactly what investors are doing .
I`m sure these last few months of the year are going to be very exciting . This has been / IS a great thread and I hope that September will herald the begining of serious rewards for patience and commitment .
VGLA .

LoL ! So they are going to abstain !!!
That note should give the sp a nice little boost in the morning .
But ~ I wouldn`t trust that lot as far as I could spit ,
so , if you haven`t yet voted AGAINST ~ please do so asap .
GLA

You`re right Scooby !
There is absolutely no logic to some of the machinations in the AIM market . It`s impossible to make rational comparisons between Companies . History and sentiment are certainly crucial ingredients , which is in a large part why the current Mkt Cap is a ridiculous 16.5M .
The current sentiment depressor is also a serious drag , we need to get that stinking monkey off our back .
Once these `Little Problems `are resolved and the Oil and Gas start to deliver reliable revenue , I have absolutely no doubt that the share price will quickly multibag .
I would think that 10p is probably a very realistic target over the next 6 / 9 months , maybe even sooner , but ; 30p ?
That would seem to me to be strecching things beyond the visible horizons .
However ~ You never know AIM is a world of `Crazies`.
GLA

The two thirds majority on the previous vote shows we are ALL livid !
Will this be the last attempt by this bunch of ******S to disrupt the smooth running of this business ?
I wouldn`t bet on it , they are determined , aggressive and vindictive .
Their behaviour has been totally exposed , their reputation is in tatters .
IF they do attempt a third ridiculous , disruptive , interfering requisition then regardless of cost I hope this will end up in Court .
Dangerous , perhaps , but how else will we get this ******g monkey off our backs ?
I think we would win , I think it would completely destroy their reputation ~ for ever ~ and I think we would be awarded costs .

Let`s just get the Oil flowing and that Gas connected first !
GLA

should be the one we are waiting for .
The fact that the share has been / is NT , suggests that the drill result is known , it is positive , possibly VERY positive , it is likely to dramatically increase the sp and MM`s want to avert any preemtive buying or insider action .
I`m thinking THE RNS tomorrow ?
GLA