Member Info for Proquo

Strange that Unnd. I've just taken a look at your posts and I see a load of questions about possible outcomes (and all your questions imply a negative outlook) only the company can answer, certainly not other posters on here and then there's a figure you plucked out of the air for a future placing by the company which is abolutely nothing to do with anything the company has put into the public domain. I'm pretty sure this is why you are rightly seen as just another disingenuous deramper playing the victim because you get called out. The fact that you then go on to claim that Adw198, Stockmaiden et al are the only 'honest' posters just puts the seal on things. You're just another run of the mill neg, a deramper looking for a lower buy-in. You might want ot look up the word 'disingenuous' as you clearly don't realise that it applies to you.

Good post Investor33. I reckon we are about to see the upswing, certainly as we approach the end of winter. A lot of potential investors assume that the winter shutdwon means nothing of signicance will occur during this period. As you say, even in the Covid downturn Matd kept to its yearly price cycle. As I say, Malcy is really keen on this and clearly thinks very highly of Mike Buck as a person. MB will be desperate to kep the confidence of the long-term shareholders.

Correct Ftse. Shouldn't write off Gobi. Nor H2. The oil is there, it's about getting it move. We're nearly into February, so the deep winter is moving into its final phase. Company working on analyses and fixes in the quiet period before full operations get back into the swing in about six weeks, I'd guess. We should hit the ground running then, and I'm sure H1 bopd will start heading north, coinciding with the PC deal signed-off, giving a big boost to the coffers as we aslo sell the stockpiled oil which should raise about a million in cash. I'm expecting at least one RNS this week, possibly the Sunsteppe battery project update, or the second PSC sign-off, or both. Might also get some news on farm-in interest, developments on the gas pressure modifications, DQE funding possiblilites, and plenty of other in the offing. Could well be the time for a final top-up, or buying-in time if you're holding off waiting for news.

My target is still north of 10p per share by the middle of the year. Loads of news to come, no debt, very littele upside priced-in at such a low Mcap, clear interest in the share in terms of industry media and publicity, on the radar of brokers and tipsters now, Malcy likes it, no debt, RBL a near-future possibility once the income starts to flow, derampers now having no success in pushing the sp any lower despite dominating forums for months. No reason this shouldn't rush to 150mill Mcap especially if one compares it to othe oilers in the same class with their inflated Mcaps for pretty much no assets. The moment the income starts this becomes a totally different beast. Income with no debt at this stage the company's development is a great launchpad as assets come onstream. Lovely

Btw, might I suggest that people write to the company for info now. They seem to have become a bit better at answering queries more directly recently.

Completely agree Tenbag. Until LSE takes a stand against this rubbish, I refuse to pay any sort of subscription to their service. Their boards are plagued with derampers sitting all over them all day, every day, trying to spread fear and negativity. Ultimately this is LSE's problem as I'm sure it costs them revenue.

Spot on WOS. Doc is a classic of the type - insisting they hold whilst spouting every negative spin on every aspect of this company. Only one word for such a specimen - LIAR. Green-box and focus on the many positives.

Anyway, green-boxes aside, some good positive posts this morning. Nice to see people keeping the faith. I'm only intersted in hearing from those who are atually invested. I think the PSC is a good move, Buck looking for a farm-in with the company in the strongest position it's ever been in could well bear fruit. The second PSC should be on its way soon as well. A real sense of a little company just starting to grow and spread its wings. We know there will be an announcement on the Sunsteppe battery project at some point in the near future so looking forward to that as the Mongolians have a clear policy of trying to meet sustainability targets. Just over a week away from February now so we know that we are getting close to actually getting some revenue for the first time in the company's history. H1 is flowing without any help and with 'enthusiasm' as Buck described it. The only way is up in terms of BOPD at Heron as far as I'm concerned. Abolutely nothing in the public domain to suggest otherwise, and they are also going to do something with the excess gas insterad of flaring it off. Very positive move. Over halfway through Mongolian winter now so we can assume the company is doing all it can to be ready for when the weather improves. I'm sure there are all sorts of talks taking place with other regional actors such as DQE, PC, banks and the Mongolian government etc regarding farm-ins, funding, RBL etc. All in all a very positive outlook for this little company and still possible to top up at a ridiculous price. Matd remains that rare thing - a tiny oil start-up in a far-flung part of the globe that has actually progressed to producing oil at a free-flowing rate in a oil-field with millions of proven barrels of OIP.

Let that sink in.

Spot on Tenbag. Absolute mass of green boxes over the last few days, they seem to feel the need to up their game. Personally I think it best never to engage with them as that is actually what they want. Also, we are talking the dregs of society here - one can only imagine the state of their lives if they spend all day, day after day, week after week patrolling a chatboard on a tiny AIM share, even across weekends, responding to every positive post with negative spin. They clearly are losers, living alone, no friends, no family, no social contact, no meaningful employment, no exercise, overweight, unhealthy, stuck in their little room all day, lonely, no relationship, literally their whole lives spent on a chatboard trying to pick arguments with people who have invested in this tiny little oil company and who express enthusisam about where they've chosen to invest. Of course, when other posters give them a bit back they become nasty and aggressive, such as when Adw198 actually wished cancer on other posters. This is the echelon of society we are dealing with, unfortunately. Tbh, I feel sullied just being on the same chatboard as such specimens but the green-box at least offers some protection from their malignancy. Awful, awful people.

Yes, looking better and better here and I can only think of one reason why Lesser would suddenly decide to get his shares into the protection of an ISA.

"Cannot have a constructive debate about MATD so are resulting to personal insults'

Whichever of the green box rubbish said this line just quoted should perhaps direct towards our resident trolls such as Adw198 who resorts to wishing cancer on other posters or Doc who takes great glee in the share price going down.

Plenty of news to come here. Next news either the second PSC (we have been informed of these for a long time), or news about the Sunsteppe battery project as part of a move to diversification. We also know that H1 and H2 are currently being worked on and analysed and that both flow albeit at markedly different rates. We also know that H1 is flowing without any extra help so there seems a huge amount of production uplift available for when the sort out the filtering and gas management fixes. Plus we have been told that we will look to collect and use the gas rather than just flaring it. Mike Buck stated clearly that they are looking at some manageable debt options to expect to see possible RBL, government support, DQE deal etc. We are also actively seeking partnership across the new PSC leases so potentially great news on the way there. Then we have the deal agreed with PC and ready for formal sign-off to trigger the income generation. By the time this gets done in feb we should have north of a million bucks worth of oil to sell quickly - nice littel boost to the coffers as we approach then end of the Mongolian winter by which time we might well also have increased production at H1 and H2 ready to come online with increase flow- it won't take a lot for H2 as MB said that 30bopd is almost viable and is not unknown elsewhere in the area. So I'm expecting two solidly producing wells at Heron by early Spring. So much potential good news to come. Very happy to hold. Malcy likes it and so do I.

Stockmaiden is eminently ignorable. Seems to want to post endlessly on why they wouldn't invest here. Why would anyone with any sense do that? Put it in the green-box with the rest of the rubbish. Garbage talks garbage.

I've got Stockmaiden in the GM Vauxhall conference of derampers. The least they could do is a bit of research to get a few facts right in their commentary. Hopefully the greenboxers who always claim to be trying to keep things 'factual' are chipping in to point out the glaring mistakes in Stockmaiden's posts? You know, for the balance they are always claiming to bring for the board. I's like to think that ASdw198 is not wishing ill-health on other posters but focussing on the clear and evident inaccuracies in Stockmaiden's posts. For example, how many times will Stockmaiden repeat the lie about Mike Buck's tenure being 10plus years so far? Come on negs, Stockmaiden is an easy target for your 'truth policing'.

Worrying amount of very large rounded sells for a no-brainer. Big seller around, somebody in the know probably. Can only see this going lower from here. GLA but be careful.

All those hundreds of negative posts yesterday predicting every calamity possible, all for nothing. Stockmaiden predicted a 40% drop after the RNS!

Looks like shrill the apocalypse-seers after yesterday's RNS got things completely wrong. Time to getin imho.

Stockmaiden keeps telling us that Mike Buck has been at the helm for '10+ years'...

Krok informs us that..

'This $15 mn is needed to just determine where another H1 production well should be drilled'

Anyone? No, me neither.

Well, Krok and Stockmaiden are quite something. Even by the standards of this board their negative drivel has hit a new low. It's like the rantings of teenage activists, not bothering to look at what the RNS says and just spouting guesswork and gibbersih. Good 'ol Krok has at least given themselves an appropriate handle. Chortle

Just thought I'd point out that we are somewhere close to the mid-point of the Mongolian winter, if not past it, in fact.