Block Energy Share Discussion Threads

[andyalbi71] 10/5/2024 08:46

Agreed , I do think it's being manipulated to tempt weak holders to sell , just look at todays sells , who sells £260 worth , over last few days there have been similar and much lower trades IMO 4-5 of them on the bounce is to draw out the weak in hope they sell a chunk and buy back in a few hours or a day or two later and gain back more free shares .... Where that occasionally might work .... The PI usually loses out , and the MMs win

[faraweigh2] 10/5/2024 07:58

Wednesday's and previous sudden Bid drops have worked well for MMs.Somebody is loading up and in volume.Hold tight!!

[andyalbi71] 09/5/2024 20:06

Someone got a bargain buy for 2m buy

[iceagefarmer] 08/5/2024 19:02

abit of a tree shake late on before another leg up tomoro and smash 2p

[dyardley] 08/5/2024 16:00

Needs to make a higher high!!

[janet07] 08/5/2024 15:49

have a look at EGT primed for a big rally cheap and great time to be in

[janet07] 08/5/2024 15:49

on the leaderboard risers

[janet07] 08/5/2024 15:48

good rise today agree can break 2p

[andyalbi71] 08/5/2024 14:07

Could break 2p into the close

[faraweigh2] 08/5/2024 13:33

Next leg up incoming!

[faraweigh2] 08/5/2024 13:14

Bounding up the leaderboard and should be for sessions to follow ; )

[andyalbi71] 08/5/2024 13:10

Ticking up again

[faraweigh2] 08/5/2024 13:10

MMs back from lunch now, so incoming afternoon activities ; )

[andyalbi71] 08/5/2024 10:03

A little reminder for everyone https://vimeo.com/904455353

[andyalbi71] 08/5/2024 10:00

CCS has a potential company value of $522 BILLION ..... divide that by the minuscule 725m shares in issue ..... then look at the current share price ...... it's a no brainer .... Even chipping in now at a modest amount has the potential for life changing figures for anyone , this is the quantum leap PH is on about clearly, and it's much lower risk than oil or gas ... you are pumping a known substance into known geology ..... not trying to extract ..... and I am sure this will also aid in gas and oil extraction too

[faraweigh2] 08/5/2024 09:17

Sit and hold tight is the order of the day.So under the radar it is untrue, added to which the asset value is incomprehensible given the current Market Capitalisation.Shortly somebody somewhere with deep pockets will give the game away.Need your own, individual strategy in place IMO.Oh, buy out potential offer makes life slightly easier in terms of valuation.

[andyalbi71] 08/5/2024 08:59

Well they aren't getting any of my stash

[faraweigh2] 08/5/2024 08:48

Somebody has been accumulating volume and for a while now, arguably at PI's expense.Wouldn't at all be surprised to see a TR1 notification of increased or new holding.That too would give the share price a significant boost IMO.Keep your eyes wide open ; ))

[andyalbi71] 08/5/2024 08:34

I can sell 2.5m in one hit , not that I am going to. If I remember rightly ..... BLOE did this while back with first drill, hardly any movement to start , then commercial investors got a sniff and it sky rocketed to 17p over the next 4-5 days

[andyalbi71] 08/5/2024 08:17

Once some of the big commercial investors get a sniff of this .... The share will rocket because there aren't that many free floating shares ..... timing is great for this ... strengthens our stance with P3, IMHO I think PH is looking more for JV than buy out , which is better news

[avsome1968] 08/5/2024 08:13

Cant buy at the moment its going to tick up.

[andyalbi71] 08/5/2024 08:11

CCS project on its own can get us over £1 a share with ease , so glad this has finally taxied to the runway .... Cleared for takeoff

[faraweigh2] 08/5/2024 08:07

Quantum Leap starting pistol RNS.

[andyalbi71] 08/5/2024 08:06

Awesome news ... the £9bn CCS play is kicking off at last ... it's all coming together

[avsome1968] 08/5/2024 07:38

Memorandum of Understanding ("MoU") with JSC Rustavi Azot, a subsidiary of Indorama Corporation Pte Ltd ("Rustavi Azot"), one of Asia's leading chemical companies, to develop the Carbon Capture and Storage ("CCS") opportunity identified within Block's Patardzeuli-Samgori Middle Eocene reservoir. The MoU is non-exclusive, and has a duration of 1 year from 7 May 2024, extendable by mutual agreement.

Block and Rustavi Azot will form joint technical and commercial teams to begin defining a pilot CO2 injection project and will share commercial and economic information to determine an optimal monetisation scheme.

The work will build on the initial study by Oilfield Production Consultants Ltd ("OPC") which, as announced on 16 January 2024, estimates a CO2 storage capacity ranking - at both reservoir and basin scales - amongst the highest in Europe. The reservoir scale storage is estimated at 256 million metric tonnes, equivalent to offsetting the annual emissions of 55 million cars, and the basin scale at up to 8.7 gigatonnes, equivalent to offsetting emissions from Turkey for 20 years.



The study, led by Professor Eric Oelkers, a leading expert in the field of water-rock interactions, concluded that the Patardzeuli-Samgori Middle Eocene is suitable for the application of similar sequestration technology currently being used by Carbfix in Iceland, in which dissolved CO2 is mineralised into naturally reactive minerals within volcanic reservoir sequences. This technique, which Professor Oelkers helped develop as co-founder of CarbFix, has the advantage of rapid and permanent sequestration with minimal risk of leakage.