Block Energy Share Discussion Threads

[lastoneout] 12/3/2024 02:19

I've watched many a PH chat and he has never been overly exuberant. You could say quietly confident but equally overly smug. Or just a bit dull. Missed this one but will check it out tomoz. It does sound like the Farm out is progressing though. That is obviously the quantum leap.

[skif] 11/3/2024 22:42

Maybe that explains his indifferent and uninterested attitude while giving that presentation.

[iceagefarmer] 11/3/2024 21:32

block will be snapped up soon...always the plan and heywood knows it

[andyalbi71] 11/3/2024 21:19

Agreed , was relieved to hear that and cash flow positive , should silence the critics

[faraweigh2] 11/3/2024 20:15

A 'tidy profit' sounds compelling.Think the presentation will be circulating well tomorrow.

[skif] 11/3/2024 20:08

Share price is likely to fall back after that presentation as peoples expectation of exciting news didn't materialise.

We'll see tomorrow.

[skif] 11/3/2024 20:06

They are dribbling in a little bit of cash, helped by high oil prices. It keeps them ticking over but won't rerate the share price.

Alot of patience will be needed here but clearly the Georgians will be keen to get things done asap, but it will be months before any drilling starts.

[bad gateway] 11/3/2024 20:02

Cashflow positive sounds promising will go have a watch of the presentation if its up yet.

[faraweigh2] 11/3/2024 19:52

Notable that investors are keeping close to the action.Lately there have been regular and significant buy trades and accumulating, resulting in a rallying in the share price since late last year.The last larger trades today were buy trades.A new TR1 notification or TR1 increase would most certainly bring BLOE in to focus ; )

[the skipper] 11/3/2024 19:23

It was very reassuring to learn that they are cash flow positive, despite the considerable sums they must have spent on consultancy fees in order to package up the documentation for farming out project III.Good to hear that some bigger fish than the regional E&P players have been in the data room too.

Just a waiting game now.

[herecomesthesun] 11/3/2024 18:02

CRIKEY

£500k plus a year for a CEO who looked and sounded completely disinterested


will soon be 6 years since listing (at 4p) and all they have basically done is to place and dilute and provide a never ending and forever changing list of 'quantum leap' projects without delivering one single major transformational success


all these project x y z 10 bag forum rampers better send him a line of their coke to sniff before his next presentation or else the share price will still be stagnating under a penny this time next year rodders


bwahahahahahahahaha :)

[skif] 11/3/2024 17:52

No clarity on repayment of the loans.

[skif] 11/3/2024 17:50

He could have at least had a shave before starting that waffle. It shows lack of respect.

[skif] 11/3/2024 17:41

Nothing there to spark any buying interest, it's a long haul. The financial results may spark a bit of interest if a profit is reported.

[andyalbi71] 11/3/2024 16:29

All buys .. last one 500k shares and its a red day , AIM is so bent

[skif] 11/3/2024 15:35

and suddenly it goes red despite every trade being a buy today.

Maybe an RNS at 4.30.

[faraweigh2] 11/3/2024 15:04

Two hours out and presentation reminder just in.PH must be feeling confident, soon to be confirmed.GLALTHs

[skif] 11/3/2024 14:10

Personally I think at some point this year they will spike the share price up to 2 or 3p and then raise.

[the skipper] 11/3/2024 14:07

It makes sense to me to temporarily suspend project 1 drilling in order to fund the consultancy fees which would have been necessary to make project III oven ready for farmout. Project I can recommence once they've banked some cash from the farmout imo.

[faraweigh2] 11/3/2024 14:02

Dodge and see the buys ?

[skif] 11/3/2024 13:53

The other big question is will a fund raise be needed to fund Project 3 drilling.

[skif] 11/3/2024 13:51

The big question is why have they stopped drilling Project 1 and why can't they drill Project 1 while simultaneously progessing Project 3.

[the skipper] 11/3/2024 13:33

Good to have the opportunity as the Investor Meet platform stopped taking questions online before I had the opportunity to submit mine.It’s beyond contempt that somebody chose to downvote that post.

[burtond1] 11/3/2024 08:27

If you can't make tonight's #BLOE presentation then please feel free to DM me any questions to give to the BOD for consideration...