Member Info for Adw198

Proquo seems rattled and confused

Who has said”everything is going wrong”. I’ll help you out, nobody. Just another silly strawman argument.

Turning into a daily ritual this. WOS and his infamous Header says it all tells us an RNS is landing and then when it doesn’t the rest of the crew arrive to tell us why no RNS is indicative of good news. Despite the company telling us they need results of the H2 stimulation to decide whether to get it to production. Most likely explanation imo at this point is H2 stimulation work hit some difficulties.

It’s Mongolia, close to winter shutdown and we were told of heavy rains - as Thorn said things can go wrong.

@thorn might be onto something here

“On a well by well basis things can and do go wrong”.

Our latest flow rate data from either well is 2019. I’m hoping the ongoing silence is because Petrovis are about to swoop, but it’s perhaps more likely to drilling isn’t as straightforward as hoovering money out of the ground!

I never thought they’d be a debate about what the share price is as shown on the page!

Fwiw I was offered 2.55 to sell just before the close so it felt a genuine price

As for payment terms don’t worry about that, Tenbag has already told us the money is already coming in so it must be true. All £10m of it.

:)

Loving the Telegram #metoo revelations - sums up everything about the group and its admin / editor @tenbag.

Classic Tenbag aka ManU from Telegram.

Doesn’t address anything of substance, just comes on with his personality attacks.

As for “lying” about H2 not coming on stream it’s called giving an opinion / prediction. If mine is

wrong I’ll own it - and be delighted. Based on the evidence of the companies own projections it now seems very unlikely to the grown ups

Why not give your own list of predictions? Or did you realise that was a bad idea after the LUDICROUS £10m winter revenue shout. Even your fellow Ultras disowned that one. Right up there with 10 er I no I now 100 wells AT LEAST. :)

All I ask is you come back and accept if / when you’re wrong with your own projections tell us how that impacts your thoughts on the SP. You can’t expect £10m revenue over the winter and then be equally happy with say $1-2m. Although I’m sure you’ll try

I’ll pop you back on filter after that and you can keep reacting to what I say, imploring everyone to ignore

me whilst you (mis)quote me several times a day like an obsessed fanboy.

@hamm

How do you define traders? I’m certainly not here for the long term but my circa 500k shares were bought in 2 trenches in September and I’ve not sold

any. When I do it’s unlikely I’ll be back but it’s another share I’ve now a decent ish understanding about so will keep an eye on it to take advantage of anything potential opportunities.

Anyway, surely tomorrow is the day for the RNS to finally land. That big late spike / buy gives some reason for confidence.

H1 INITIAL flows rates need to be circa 300bopd to be par. If more than that, I’ll be calling it positive, if below negative.

H2 needs to be confirmed as commercial to hit par. If it’s anything within a range of H1 I’ll regard it as a positive. If it’s not commercial it’s extremely negative. This is my single biggest worry bead / risk but the odds are with us.

I don’t regard it as likely it’ll be producing this year so would regard that as neutral if confirmed, although the market may disagree given it’s still a possibility and most Ultras here believe it’s definitely happening.

Deal with PC

Would be good to get confirmation it’s close - I very much doubt it’s been signed. With the Mongols for approval would be good and a positive to me. Any bigger news on a JV would of course be massively positive

Could potentially be left field bonus news in Gobi, new blocks and Renewables - I’ve not paid much attention to these so won’t offer a view.

Lots to play for - and no doubt then debate. Hence putting my cards on the table

Massive uptick at the end - I was offered 2.55 for £13k worth!

Promising

I’ve been consistent in my PREDICTION that H2 won’t be producing this year. I think the main thing is it’s confirmed as commercial. But if I’m wrong it comes on this year that’s brilliant and I’ll hail the great news

Obviously others are predicting an imminent RNS saying it’s already up and running. If they’re wrong against their own expectations, one wonders how they’ll react…

I’ve not said anything is mothballed - I think that’s nonsense too. I do have my concerns about producing oil without a deal to sell but I appreciate there are differing views about that.

We’re all here speculating, sharing views and opinions and I think it’s very valid to (want to) know what happened when it was stimulated. You’re quick enough to bring up the UNSTIMULATED flow rates so it goes both way. But just ignore posts you’re not interested I had a nice mature exchange with someone who was able to discuss it.

H2 is currently being stimulated and we’re awaiting those results. My understanding is give or take that’s

the same work that took place at H1 in august

hence I would have expected metrics. Ultimately it’s only the production figures that will count though which we’ll soon find out. 300bopd initial rate forecast - let’s see…

Thanks proinvestor, seems a logical answer.

My experience of AIM is companies tend to deflect / avoid releasing less positive news. Ultimately they’ve taken it to production so it can’t have been that bad - but I’m mindful that we’ve not got back to 2.85p since that RNS, despite a number of very positive updates since then. There must be something going on!

I’m increasingly of the view the entire operation is being gamed for some form of takeover. I’d initially thought PC but I take on board and agree what you said about them this morning. PM makes sense and it could conceivably be them behind the selling to suppress - personally unsure whether that would trigger a TR1? (If I’m allowed to ask that?!)

Thanks for the exchange - fwiw I’m very confident Doc is invested but we’re all internet strangers with an agenda to some extent so who knows.

“All a BB can do is specualte and offer opinion.”

Exactly. So stop trying to shut down anything you don’t like. If someone asks a question and you don’t have a clue you just move on - you dont get to police what other people may wish to ask / speculate / opine about.

My view is it’s a bit sus they didn’t release any metrics when they stimulated it. I’m simply trying to educate myself as to whether to not that is usual because if it is that’s great my theory can be dismissed and that’s what I want.

I’ll do that if you agree to not post for a week - fair? Or are you allowed to post what you want and police the comments of others?

As an aside do you really think the company would say “yeah we would have released the stimulated flow results if good…”

If you don’t know the question just move on. Why try and shut down a reasonable question?

I emailed the company once - to ask about the deal that’s not a deal with PC. I’ve not heard back.

How much misplaced arrogance must you have to tell me what i can ask on a message board about a share I’m invested in?! Just move on or filter if this stuff goes over your head and get back to the posts you never tackle about £10m winter revenue and forthcoming dividends

“Mainly negative” I assume you mean calling out utter b u l l s h I t

Plenty of upbeat stuff from me. I just call it both ways which infuriates you lot who like to talk about £10m winter revenue and 2025 dividends unchecked.

If I’ve said anything you can disprove or simply disagree with be grown up and tackle rather than just lazily label everything as negative.

Is it negative to say there’s a very high chance of success at H2?

@proinbestor you seem sensible and knowledge

Do you have a view about why no flow rates were shared from the August stimulated test of Heron 1 - is this usual? Genuine question…

You assert as fact that no investor would be negative about a share they hold. You don’t know that. I hold and yet you and the rest of the gang repeatedly don’t want me to send you the evidence because you’d then have to report back how utterly wrong you are. So if you’re wrong about me what else have you got wrong - other than your investment timing here?

Pro quo have some self respect and don’t just sit there spreading stuff you don’t believe to be true just to be positive. Credibility crisis

Be as positive as you want mate. But you also simultaneously (rightly) ask for factual posts.

You’d have more credibility if you tackled the nonsense about £10m winter revenue, 2025 dividends etc etc.

plus you’re selective in your moral policing of the board and spamming.

I tackle b u l l s h I t - Abzzba can’t go a day without contracting his own earlier nonsense. And that other muppet Tenbag is pretty much here just to troll.

Debate the facts and opinions