Member Info for Adw198

“Heron 2 3-400 barrels/day and then they add doing an acid wash to Heron 1 to next year's 'to do' list Adw198?

Imagine if Heron 1 could be 'super-boosted' too.”

One can imagine almost anything. What’s the basis for quoting 300-400 bopd from H2, noting they initially didn’t feel it was commercial at 30bopd?

If it can sustain figures it’s a company maker. You’ve not got a good track record on these assertions tho.

Remember Heron2 geology is identical to “Heron 1 and Heron 1 pressure readings have not shown any evidence of any oil field boundaries.

It should be the same.”

Well it’s evidently not the same. Hence 1 year on we still don’t know if it’s commercial.

Gravy’s beyond saving. He’s got into bed with the rampers just because he’s too thick so see what’s happening here.

He’s lost a lot of someone else’s money here and his posting history doesn’t suggest a balanced portfolio. Oh dear!

Hi Mal

Yes I’ve historically shared my buys and sells before they’re printed to demonstrate I’m being honest. Nobody else bar TT1981 does the same.

No point, you all pretend not to read them and just sling lying accusations anyway. And one or 2 of the most extreme stalkers then just goad the amounts (whilst not being brave enough to share theirs)

I’m invested at the moment though, the recent gazelle result was a good result. It won’t do the 500bopd that people are already claiming so I’ll probably tap out for some easy money before the underwhelming production figures and lack of a sales deal burst a few bubbles.

The SP had dropped to around today’s price when Petrovis were offered another load at 0.80p. They only took $300k so like Proquo are well down overall, but perhaps they at least know how to calculate an average and / or not lie about it.

Proquo has indeed been in overdrive, perhaps just making up for the time he was so embarrassed about the placing he went mute for a few months.

And it sounds like he is indeed addicted to buying shares - last November this is what he said

“Tbh I'm not interested in the sp now. I'm holding here for at least the next three years. I have a very healthy average - below .025p - so risk/reward for me is excellent. Yes, it might go belly up for whatever reason, but that's a risk you have to take with any company at this end of the market. But if Mike Buck's vision for this company plays out to even half its extent then I should do well. I'd like to buy more at these levels but I'd then be breaking my own rules for investing. Discipline!“

Since then he’s claiming he topped up around a dozen times, somehow bringing his average to around 1p, despite all but the last top ups being well above 1p.

Lovely!

“yet some can't seemingly break that addiction, or being triggered by him”

Especially Investor, who frequently unfilters me, engages and then runs off again when he’s been exploded.

And even when not filtered he often references me like he’s just done.

Anyway, Proquos average is a lie and has been shown to be. If he’s lying about that and nobody seems bothered then what else is he lying about. And again, why are the rest of the crew not interested - presumably the same reason they never once queried what happened to WOS.

Ha I’m not bragging MATD has been a losing investment and my 2nd worst ever one at that. Neverthess selling at 1.81p and buying back for miles less is much better than holding throughout and claiming not be down because you’ve not sold any!

I came on the highlight Proquo is a liar. And given his laughable claims not even a good one.

“He doesn’t have any money to buy back in. He’s skint. They all are with their loss after loss after loss.”

Fortunately I’ve got all the money from selling out at 1.81p, which you mocked at the time :)

Proquos lying about his average.

How the hell can you have an average of 1p when you started investing heavily at 3.30 and topped up a dozen times over 1.50p.

Exercise some common sense and objectivity. Nobody else must bought any when it was under 1p!

Yes I’m back in Mal. Just a bit of punt money but I’ll flog when in a bit of profit because people are already getting giddy about Gazelle pumping out 500bopd. It won’t do that.

That said the future is definitely better now they’ll have a 2nd well.

“H1 will flow intitially at around 500bopd and then the choke will be gradually opened as they test the integrity of the well for increased pressure etc. “

That’s what Proquo was saying a year ago

when he said he was a large holder with an average of 2.75p, since when he told us made several top ups with the SP considerably higher than today’s price.

Then the raise he insisted wouldn’t happen happened and yet he’s more confident than ever apparently.

Lovely!

Such a discredited liar

Proquo claiming his average to be around 1.05p is hilarious.

He’s was bragging about holding a large number of shares at 2.75 a year ago and topped up a dozen or so times when it was over 1.50p.

It’s a nonsense.

How do you short this share?

I agree yday removed some downside risk, albeit we need to see what I can actually produce. Although if the less honest posters, included yourself, didn’t acknowledge any such risk before the coin toss landed.

But anyway, the risk of short term funding requirements has melted away and the likelihood of a farm in deal increased imo. Hence why I bought back yday (which itself answers why it sometimes pays to stick around).

@thorn

Probably best to get on top of the basics before telling people it’ll 3 or 4 bag within 3 months. Or perhaps it’s a set up of a question?!

Heron 2 cos 75%, Gazelle 50% and Gobi was the only one he didn’t give a % for, but it was positioned as more of a speculative rework, having initially been 10% before the absence of good oil flows.

“Perhaps Abzzba could help us on the significance of 'stabilised' flow on well test.”

I’m sure he’ll offer some expertise. Like he did when he asserted Heron 1 would do multiples of what he said. Like he do when he asserted Heron2 wouldn’t take 20days. And like he did when he said the only possible reason for the delay was good news.

In other news I might stick my hand in a fire and ask it for cooling advice

Yes Doc, you’d have to query why he spent money on Gobi last year when Gazelle was apparently a 50-50. Had gazelle been brought on a year ago one can only imagine how things might look now.

Interesting that gazelle (good) news came out well ahead of their suggested timeframe, whereas the news from H2 was late and we’re still waiting. Remember that next time the same old discredited posters are spreading nonsense like “no news is good news”.

@barmy I also don’t know, and like you (but unlike others) I don’t pretend to know.

The facts are we don’t know what gazelle will flow at sustainably. There’s no guidance given by the company. We know heron 1 peaked at 821bopd and 1 year is on 150bopd - which goes down every update.

It’s still great news, but investors need to form their own judgement on the extent of the good news. I think that’s fair.

Interesting point on why gazelle was left on the shelf for so long Doc.

It’s hardly one to be praising MB about, but nor do I slate him. That said I do find it amusing they’ve now ran out of time due to a success they hoped for. And also amusing they don’t have a deal to sell it but will no doubt send it to PC for them to sell when they want, paying they want.

@barmy

“ADW, Gazelle didn’t peak at 460 BOPD, it was being choked at 1/4”.

What did it peak at then please?

It’s extremely promising (hence me buying) - but I’m just saying there’s no guidance on SUSTAINABLE production and we saw Heron1 go from 821 to 150.