Member Info for Proquo

I feel it important to counterbalance the infestation of greenboxes with some FACTS of the investment case, as follows;

300 million asset;

company covering all costs and turning a small profit already as stated clearly by the CEO himself;

nothing priced in for Sunsteppe which has multiple projects in the pipeline with monetization possible on AT LEAST one;

850k plus arriving in short order followed by full monthly payments;

two wells producing with a low-cost work programme ready to go for a minimum of two more to come onstream in 2026;

farm-out possibly arriving in short order as a proposal is currently under discussion;

Petrovis solidly behind us;

work on the huge block VII asset already under way including approaching neighbouring outfits about a potential farm-out;

the Mongolians basically relying on us to fill their refinery to which a pipeline has been completed just 15km away from our producing wells;

and NO DEBT!

Plus a new MOU with our established neighbour which the company says it is 'excited' about.

And our CEO has huge skin in the game.

Plus Brent up over 67 bucks still

Lovely

Good weekend to all honest investors

Sorry, I don't understand hieroglyphs. Are you positive or negative R20?

Some lovely buying today. Next week could be big.

I'd certainly take 3.5p Jimi. Would represent a tidy profit for me. Glad you're feeling so positive.

Incredible potential here, clearly. Looking about time appraching for top-up. Great opportunity at these levels to build a substantial holding going forward. Very exciting times ahead, I feel. Mr Oza (the other one) clearly agrees. Good luck all honest investors. Ignore the trolls, such types don't have the cajones to invest in something new but like to carp from the sidelines. Sad really. Still, they'll find their own kind..in the green compost bins. In you go..That's better.

Lovely.

So, you're saying it's two big buys then Hamm, using ISA cash to buy ISA shares?

Agreed Abzzba. It simply cannot be anything to do with putting stock into an ISA due to the 20K ISA limit. Also, I hope it's someone connected to the company!

Hang on a minute.. isn't a Bed and Isa still limited to the £20k annual allowance?!

Concur

Still, somebody keen to get a decent holding out of taxation. Hopefully that's somebody with a connection to the company who has an idea that the sp is about to go vertical! Hahaha

You may be right. Wouldn't the quantity be different in a B & I though?

90k's worth late in the day! That's more than a punt.

Bid ticking up into the close...1.10p..could be tomorrow..

And Brent through 70 bucks, pushing on for 71.

Lovely

And no debt.

Lovely

Then don't invest Flatline. Nobody is forcing you to. It's pretty simple. I like a load of jam tomorrow, loads of it.

Hahaha

Bid ticking up. Thursday RNS?

Yep, literally the whole long-term strategic policy for the Mongolians is energy self-sufficiency so Russian crude is no solution.

Yes, bid ticking up again. Interesting, as you say Frontera.