Block Energy Share Discussion Threads

[dodge_city] 06/7/2024 13:05

Why did Gaywood stop the quarterly production reports. What is Gaywood trying to hide?

[faraweigh2] 06/7/2024 12:04

BS opinion of one.Trot on....

[sarah68] 06/7/2024 12:01

there wont be a farm out.....

the so called potential has been there for decades and none of the big players are interested....

BP have been operating in Georgia for decades....if its so massive why havent they got involved????

ill tell you why....because you cant get it out of the ground which has been attempted over the years witb 100s millions of $ and all failed....

Batiatus....you are completely right...the company is NOT self funded proven by the loan....unfortunately the rampers just ignore this....

this is your typical AIM company.....in 6 years achieved nothing apart from decimating the share price by 90%....PH and the management sucking it dry with their remuneration and bonuses....taking 16% interest on the loan (they could have got a loan from a third party for between 6-12%) but no....they prefer their greed....

unfortunately there is only one way this company is going and thats to the AIM graveyard.....

DELIST will arrive whether it be this year or next

now is not the time

all the best

[dodge_city] 05/7/2024 12:18

If they don't get that farm out it's game over here. The problem is a farm out could be months away.

I suspect a change of tack by Gaywood to start drilling those P2 deeps.

[batiatus] 05/7/2024 11:29

Sub 1p coming indeed.

You can see the panic both here and on LSE

Some desperate posters attempt to ramp the share. It looks like the BOD has deployed their lackeys hoping some mug punters would buy in.

If it was that sweet, then why is the share price at 1p and about to go under

Its about time PH and team come out of their shells, and do an investor meeting if they want to raise that 80 million.

I'm sure there will be many questions asked especially the LTHs that are balls deep and lost loads here.

DYOR

[herecomesthesun] 05/7/2024 11:24

CORRECTION

'SUB' 1p coming

BLOE is a bit of a rudderless ship now without the skipper (known in other circles as the silent flipper) being at that '2p technical breakthrough coming soon' helm


however as a publicly declared boat owner, the skipper would have a legally binding responsibility for the welfare of all his fee paying passengers so I do hope he has left the 2 'quantum leap top up' chumps a lifejacket EACH !!


bwahahahahahahahaha :)

[dodge_city] 05/7/2024 11:20

Hey Fartaway what happened to your quantum jump. I thought you said you were the smartest investor here.

[dyardley] 05/7/2024 10:35

1p coming.

[bibs] 04/7/2024 04:53

Bullish Market sentiment in the news globally today.Let's get some good news into the mix and start to realise some of Block Energy's untapped potential.A great time for growth right now!

[avsome1968] 03/7/2024 22:49

Cash wont be running out long as oil remains at this level.

[dodge_city] 03/7/2024 13:25

Any farm out deal could take months to complete, In the meantime cash will be running down and Gaywood will want his money back.

[batiatus] 02/7/2024 21:17

If the BOD bends over and look into eachother's an()s they wouldn't find shlt let alone the gas.

Imho

[faraweigh2] 02/7/2024 20:49

Gas IS commercialised and gas sales ARE increasing year on year.Read the latest accounts.

[batiatus] 02/7/2024 20:12

Block must be short on cash now.

It's why they are using a new bait (giant gas field) to lure punters and general fresh money.

All to keep their salaries going.

I won't be surprised if Block is on their last leg before a rebrand.

Imho

[faraweigh2] 01/7/2024 19:56

Bottomed out with higher lows.Nice update today.Ready for upside on next news.DYOR

[dodge_city] 01/7/2024 19:42

It sounds like Gaywood is a con man, best sell out while you have the chance.

[batiatus] 01/7/2024 18:54

These cowboy management keeps shifting the goal posts.

Block Energy were previously "Gold Crest Resources"

-They failed to find gold.
-Renamed to Block Energy.
-They failed to commercialize oil.
-Now they are looking to commercialize gas LOL

What's next? Will they try to find the dark matter?

DYOR

[batiatus] 01/7/2024 18:47

This has got FRR2.0 written all over it.

Anyone that thinks they will get rich from this stock needs to get their head checked.

The company is in need of 80 million for next phrase of development. The very same team that couldn't produce commercial wells to break even.

[andyalbi71] 01/7/2024 18:29

When was their last placing ? And given every comment on the last 4-5 wells ... has there ever been a placing to fund them ? Answer on a genuine shareholders postcard to........

[jaknife] 01/7/2024 17:54

There will always be retail numpties ..... just have to sigh and let them think they know everything, because when the placing comes ..... they will vanish pretty quickly

[avsome1968] 01/7/2024 17:28

herecomesthesun


Your right on the money their he did sell out and done it a few times over the years fare play to him profits profit, but he's well down at the moment put most of it in ARCM which just come out of suspension lucky for him.

[andyalbi71] 01/7/2024 14:37

There will always be troll chumps ..... just have to sigh and let them think they know everything, because when this comes in ..... they will vanish pretty quickly