Member Info for kr1988

That's the issue Dai, the more you watch aim the more likely you arnt gonna invest. With All, looking back it was a delay so you understand why it recovered but the flip side is it could of slipped further on no news so that's why I didn't invest.

Sometimes you have to take a risk, what's your sell price for ALL as your up nicely their.

We know Petro China Toson-Uul XIX and Tamsag XXI fields are played out, both have been producing for 20+ years, all the best prospects already drilled, hence Mongolian oil output falling, new oilfields can only mean block XX.

Just playing devils advocate here, why has Petro China not shown interest in us over the years? Surly when the licence came up they could of picked it up as it was next door to their areas or gone for a JV/ farmout many many years ago. I doubt the Chinese sit their and suddenly release the wells are producing less, I'm sure they have been planning for the future the last 10-15 years.

I'm not sure but you know what their like they are like, it needs various approvals however I saw the SP last night its done well, if you brought the dip back in December you'll of doubled your money.

They need to give a set date for this drill, they still have the works to the air pads and roads I believe so still quite a bit to do. They should of done these before unless they were literally skint and couldn't afford it...

Hmmm when they raise that early always worries me, have you seen gex is pulling back a bit now it seems that bubble is well and truly over.

TBH I'm in the same boat I brought in during the summer so I have an average just over 26 pence, I wont deny I expected this to be a lot higher than it is now.

The only consolation is I "didn't go all in" so I'm relaxed I'm under water a little. Fingers crossed its good news but if it isn't I haven't put too much in so I dont loose sleep over it.

When do they plan to drill next?

Yeah it’s not huge, it will be interesting to see if it gets fully tool up or not. It’s prob done as a token gesture to try and keep pis on their side.

The wrap offer dropped a bit later, they are offering warrents at 2 pence for 2 years. That’s a good deal that normal pis don’t get. If the company does well they will get free money basically

How do you test a helium plant for leaks and recognise if there are any?

answers on a postcard?

Sure you flow the helium through the plant and put a low paid worker in the cabin and lock him in. If his voice turns squeaky you have a leak. If his voice remains the same you haven't got a leak.

However jokes a side I don't have a clue.....

Apologies I'm didn't think about others being in both.

I hope your investment in HE1 is going well.

Swissy if that first drill had of found helium under David Mitchum that share would prob of been worth a few pounds a share. The way he spun the story was great when it turned out he had used a mineral rig which wasn’t fit for purpose.

Sadly it’s very expensive to dril over their and now they are funding blue star it’s just caused mass dilution and shareholders have been massively screwed over.

I tend to agree, with production it’s a case of when not if now.

Im more concerned about the hydrogen, I’m more of a trader than a lth, though I’ve held these for months now but not sold due to the delays and the fact the sp has held up. If it’s bad news on the hydrogen the sp will fall. I just hope if it does the production confirmation pushes it back up.

Whilst I’m not a lth I’d argue this is prob one of the better aim companies out there, the speed at which they have moved is incredible. Just look at he1, I invested in that back during the pandemic and they’re still trying to prove its commercial and with millions of more shares in issue.

Maybe proquo hopefully an update will drop soon clarifying things.

3 parties currently interested

That’s not what the email posted suggests….. it says 1 party now.

Unless proquo is lying this is from Matd

Thank you for your enquiry

The farm-out strategy that we are pursuing continues, with talks ongoing with one of our counterparties for Block XX.

I only ask as their was nothing about Gazelle nor renewables.

What question did you put to the company Proque?

Hmm I agree, it’s been 4 weeks since the last operational update. It’s taking quite a while to get this plant fully functioning. Hopefully the next update will be that they have been running it a few weeks and sold a bit of helium.

An rns can drop any day/ time so maybe an update later this week.

Tomorrow that is, missed that part on my last post lol

Lol sorry my computer auto corrects my spelling. Sadly my phone doesn’t.

Sadly English isn’t one of my strengths lol