Member Info for Proquo

I never criticise anyone for selling. I criticise anyone for selling, especially at a loss and then continuing to post and hang around like a bad smell, even laughably whilst claiming that they called it right ffs. Stop being thick.

Nobody on a bulletin board can answer such a question Doc. But if you think that might be the case then you might be better off 'selling'.

Actually when you filter out the rubbish, there's some worthwhile posting going on.

Gusto1 blocked as they are clearly mentally challenged and have nothing at all of interest to say. Bye Gusto. Get some help!

Spot on Thorn.

I've blocked Adw as I don't want the views of anyone not invested who sold at a loss and who revel in the share price drop. My intersts simply cannot align with a non-investor. They can post all they like but I can also choose which posters I respect and who I think are honest.

Hence why I've said many times that H1 should ensure the company's viability going forward. Absolutely key that they work on the pressure issues at H1 - using the money saved through H2 being suspended ironically (or deliberately?) - at least they can use to winter to design and source the equipment necessary. Get the pressure sorted and so much can build off H1. And H2 is not a write-off. Again the wording of the RNS was pretty clear on this. All to play for as far as I'm concerned. 300bopd certainly keeps the company liquid through the winter especailly alongside the cash in the bank.

Nothing opaque in the RNS, as you say Thorn. H1 great flow, but intital pressure issues, terms 'AGREED' with helpful neighbours and awaiting supportive regulator sign-off, H2 has oil but not flowing currently so suspended. Nothing opaque at all. Mix of positive and negative. Normal

Fair comments Wigster.

The company has time to sort out the pressure issues at H1 - I'm assuming this will be a topside valve system - and then the chokes can be opened up safely which is the most importasnt thing, to protect personnel and to protect the well and equipment also. Given we know it can freeflow at 820 plus I think a sustainable rate of 500bopd+ going forward looks quite achievable.

I therefore reiterate my fundamental point that H1 alone can ensure the company's financial viability if it is managed well. Nobody can give guarantees but that's just the nature of investing.

Wigster, the RNS states that on occasions the H1 well exceeded the 821bopd achieved during testing but they've had to choke it back at the moment as they've had issues with pressure management. Hence a number over 821 is getting close to 1000. On your second query, a full well development costs about 4million, whereas the drilling and testing only constitutes around half of that, if not less. We have been told that H2 is suspended at the flow test stage so thre won't yet be further expenditure to developing it as a producing well. Hope this helps.

Very simple questions - if somebody has nothing positive to say then they are not invested. So why are they posting? How are they making money?

Yes mikec365, most people seemed to have missed that word 'Agreed' in the RNS. Important little detail.

Stas filtered. Anyone who was over at COPL will remember how this character flip flops according to their trading position, in or out. No interest in analysis, positive when in, negative when out. Does it over many, many boards. Was loathed by all over at COPL. Was in when the company went bust, so tells you all you need to know. Abolute poison to any board.

Re posted

So amazingly the sun came up today , contrary to all the wild speculation yesterday about it all being terrible.

On reflection the H1 news is really quite significant. I expect we will see the formal sales agreement, sales

revenue in the next 2 weeks, if not sooner, and perhaps

some detail around H2 and Gobi and what if any

rectification can assist with the flow rates.

Sunstep update to follow and then an update on cash recieved from 1st month oil sales.

A lot of good news expected and hopefully this will stable the share price at a more realistic level.

As a remimder, we have 66 million barrels in place with between 4.5 and 6 Billion USD worth of oil. As at Novber 24th revenue of between 650000 and 1.8.million USD per

month

We should also expect some media from Mike around the works plan for next year and possibly a multi well program with DQE.

Also we have new block awards and some detail around these.

We are only mid November so we have a lot of good news possible before the end of the year

Yes, TheMagnacarta has nothing to add, not invested, no analysis. Filtered. Bye TheMagnacarta. Pretty twatty to use the most important document in English history as a handle on a bulletin board too.

Loving seeing the green boxes! If they've nothing to say then filter. It's very satisfying.

Don't engage with trolls. Filter, filter, filter. Time to take back control of this board. Make Investing Great Again!

Adw198 filtered. 500 posts in 30 days is more than enough for anyone to make their points, especially when they are not invested. Plus I don't want to see losers who, by their own admission sold at a loss yesterday. Bye Adw198. Perahps comment on stocks you are invested in?

Wow, loving the filter. It's like finding a cure for longstanding tinnitus!