Member Info for Proquo

Well, another week closer to the main events, and in the meantime we've netted about $130 -140K in the last week since close of play last Friday by my reckoning. . Not too shabby for a company that's on its last legs according to our resident stockbashing zombies. I'll take that and add it to the million bucks we banked a month ago. For me, the longer the negotiations the bigger the deal. If it was a no go, I'm pretty sure we would've heard by now. Thanks to Dan we know that Zula is making great strides with Sunsteppe and Gadgie found out that the Mongolians are going to build oil storage stanks pronto. Things are definitely moving in the right direction in my view. Brent back over $110 again, and I can't see it coming down much any time soon.

Right, time for the first glass of wine of the week. French, of course.

Good weekend to all honest investors. Next week could be the week. Thanks to all those who did great research this week. Much appreciated.

Lovely.

Concur re Mongolia refinery having first dibs on oil produced in Mongolia. I've read that too somewhere.

Brent ticking up again. The master plan is working!

You've just added to the embarrassment Dusty. Still waiting for that lesson in Trumpian 5D chess you promised. Will it cover what to do when your putative allies take no notice of your pleas to get involved in an illegal war?

I'm a ramper because I post positive messages about the company I've invested in. Apparently that's abnormal whereas posting endless posts predicting doom and gloom from the uninvested is perfectly normal, balanced and 'realistic'.

Spot on Velo.

Uund, I asked you how, using your formula, you can arrive at $43 net backs on $70 realised per barrel. I just can't make it work.

Bid 1.15p. Ticking up.

Lovely

And another one!

Just one thing Uund - using the breakdown you've given for calculating net backs on the current POO, how can you use the same to arrive at 'a net back of more than $40 per barrel based on a sales price of $70 per barrel' as we were told specifically by the company? Something doesn't add up.

Strange how the green compost bins proliferate when the sp dips. A whole infestation now.

No. Why would it be? Of course, you don't believe that to be the case otherwise you would sell Hamm. Similarly, given that you believe a lack of farm-out would be disastrous, you must actually believe the farm-out will happen as you say you continue to hold. Unless you are lying.

Thanks Dan, I should have said.

Your caps lock is on Avo.

Great find about Lula's work in Brussels. That's exciting. Great city Brussels BTW.

Uund - doesn't the $15 for delivery, processing to PC get included in the recoverable production costs?

Current oil price projections are based on the assumption that hostilities will end soon. However, Justayahoo is now talking about the need for boots on the ground to effect regime change. Difficult to see an end in sight.

Thanks Dan. I assume it is relevant to the producing block only, not exploration elsewhere.

Anyway, still looking good here in the long-term

Calling Trump a 'narcissistic screwball' is unfair on narcissistic screwballs everywhere. The man is a dangerous lunatic who has surrounded himself with a coterie of dangerously lunatic sycophants. Utter disaster for the world.

Morning all, I should say. Brent $108 currently. Dipped a bit for you, Furry.

Talking about 5 years to repair the damage to Qatari oil infrastructure.