Member Info for Adw198

He can have them from me.

What’s the cause of action?

We have a wage bill alone that exceeds income.

You do the math.

That too Doc.

They goad us and then cry murder when we reply.

This lot spend half their time pleading for everyone else to ignore us and the other half referencing (but not directly addressing) us.

All whilst ignoring the facts and figures provided by better researched posters.

The raise will be a potential buying opportunity for me.

Ha that’s brilliant investor.

Let us know how your time complaining about people discussing a company on that company’s message board goes.

Sounds like you’ve got a busy day yourself.

I don’t think anyone was predicting a raise in January. You’re just repeating a lie from Proquo who claims not to read the people he also claims said that.

In January we were expecting payment for oil and there was optimism of Heron 1 increasing not decreasing production.

Now it’s 160bopd, at a 30% withheld payment rate. And new licences to fund too.

So long as you come back when there is an apologies it’s all good though.

Hi Abzzba

Those of us who think there needs to be a raise are still expecting to be proven spectacularly right. People like you who repeatedly told us the share price would be 5p in June, or that Heron1 would produced multiples of 200bopd, that heron 2 would be brought on production last winter etc etc have been categorically proven wrong. The games already up for your failed predictions.

So perhaps a little humility rather than piggy backing onto an increasingly flustered Proquo would be best?

Failing that tell us where you think your old mate WOS disappeared too.

“trotting out their endless bilge to an audience which uniformly despises them for their mendacity”,

You claim not to read what most of us post mate, so spare us the sermon.

Or just quote a single lie I’ve ever told you- you only resorted to filtering me because you were unable to do so previously.

I’m beginning Proquo is infact just character.

In the last week Proquo, a man who portrays himself as a mature retiree in France, has called people nonces, accused posters of rimming each other and expressed a desire to shove a pineapple up their rectum. Zero posts on how and why the cash can last tho!

Not a happy home life! :)

It’s coming Proquo.

And when it does I expect you to acknowledge how wrong you were. Again.

Yep exactly that Doc - WOS/RPT potentially been banned so up step the reserve accounts.

The playbook here is increasingly obvious.

We’ve seen how quickly things (don’t) happen. The idea they could find a JV partner, agree the Terms, have them approved (a multi year drill contract wasn’t), then sign them (itself a 3 month job for a sale agreements) and then agree a drill programme this year was never going to happen. MB could have of course told the market the negotiations were advanced etc - but only if they were.

Instead he said they were stepping up their efforts to find a partner.

As things stand the only route to market is via a partner who aren’t exactly playing nicely - withholding 30% of income just in case tax is due.

There’s also the small matter of Heron 1 and 2 underperforming and doubt about where to drill next.

Acquiace you’re as much as a bell end as the rampers here. As far as I can see you’re simultaneously claiming to be invested, whilst also telling everyone else they should sell. All whilst bragging about how money you’ve made elsewhere whilst not detailing what you got wrong here.

The cross ramping of a 3bill company also absurd and frankly embarrassing as a holder there.

“last years high opex commitment against this years (very) low opex commitment with working capital covered for at least 12 months and regular production revenue coming in.“

There was no Opex commitment until they raised for the drills. Good job they did though as otherwise the company would have gone under, because despite telling the market (and auditors) they had sufficient cash for a year, they quite evidently didn’t.

In some ways you have to admire the commitment to the rotten cause from WOS / RPT.

Whilst I waste plenty of time here myself, the effort / consistency he made to faking a broken English gibberish style was next level stuff. I suppose given not one of the rampers has broken cover and acknowledged / called him out means it’s probably worthwhile for him / his agenda.

Nice to know I saw through it and I’m not being manipulated like most here. Amusingly if anything!

Gobi was initially given a 15% COS.

Given they only found feint oil shows and immediately suspended it, I think it’s fair to assume the chances of commercial success haven’t suddenly jumped to over 50%, ie into “likely”.

Either way you didn’t give me the figure as to how much it would cost to bring to production. You appear to accept they won’t fund it themselves in which case why claim they can up production this year from it. They can’t afford that

And in the unlikely event a Gobi well test shows commercially viable oil, what do you and Zeus estimate the cost to be to bring it production, noting we were previously told each producing well costs circa $4m and we were also told Gobi cost just $1.5m for last years work?

“cash position, income and Petrovis soft-loan we seem to have enough to keep going and do the low-cost works on our existing wells to increase our income significantly.“

None of us know the cash position and none of us know the expenditure. What we can reasonably and confidently infer is that the current income doesn’t meet current expenditure, because the salaries alone exceed current income.

To claim there is are some planned low cost work that will significantly increase revenue is baseless. They haven’t committed to doing anything yet and certainly haven’t referenced significant increases in revenue.

He might be being completely played, but at least TT1981 shares his trades before posted, ie he’s almost certainly genuine.

Whether it’s Wise to put his money where OwlSpeak’s mouth is, is obviously a different matter…

Morning

Still here, still logging onto a flurry of call outs.

I wouldn’t be too worried about some petty insults in either direction, certainly being repeatedly accused of criminal behaviour is against the rules and so is multi IDs. So as ever, let’s have some concern about the rules irrespective of whether it’s people on the same “side”.

Or better still talk about the company. Although i suppose if you think fundamentals makes no difference and it’s all about what last weeks chart tells you in hindsight, then I wonder why you invest at all.

Also makes it very odd that they didn’t do the super low tests at the time when the equipment and labour was there.

Almost as if he’s talking more utter b u l l s h i t