Member Info for Proquo

Just as a little point of interest on the RNS this morning - I've just had a quick look through the other recent ones, and I think today is the first time that our 50% ownership of Sunsteppe is explicitly mentioned in the company summary paragraph which is always included at the end of a RNS. Significant?

If Master, Dan, Abzzba are right in saying that the satellite shows H2 up and running, then there has to be good reason why that hasn't been RNS'd yet.

Buyout deal on the table, Board to recommend we accept?

Goose and gander sort of thing.

Why would anyone talk about their own daughter on the same message board where they've wished cancer and death on other posters, as well as belittling people's dead parents? It doesn't take a top psychologist to piece it all together, does it really?

Adw plays the tough man with his daughter. Imagine having a rodent as a father. Unimaginable what she has been through.

Excellent decision mimbrit. No-brainer at this price.

Still at 350+ bopd we are in profit so let's remember that.

With no debt.

Lovely.

Tbh it has been a very poor period in terms of comms from the company. The odd interview here and there but I for one am lost as to where we are with what wrt acquisitions, disposals etc.

Margaritas, apparently it has a daughter. Given their behaviour on here, one can only shudder to think what sort of father it is. That poor girl must have been through some terrible times with such a bullying, coercive and manipulative thing as a father. Horrible. Puts our experiences with it here into perspective, that's for sure.

Yes, quite surprising that more hasn't been made of the land designation as special purpose. The Mongolians knew that had to get it nailed down for a reason. Not to help Matd, but to help themselves as they move towards bringing the refinery onstream. An important development.

Definitely think it's worth repeating some basic FACTS about where MATD is at right now;

Fantastic result at Gazelle, H2 a bonus if it comes in or it becomes an injector to support H1, Gobi lined-up for the New Year, no debt, company turning a good profit for the first time in its history, talks ongoing for partnering up for rapid development of the field, preparatory work well in hand for exploring new block, Sunsteppe front and centre of renewables development in a vast potential market, company streamlined significantly with running costs cut to a minimum, no reason to doubt that the witholding issue will be resolved given the lack of ambiguity from a legal point of view so a huge back-payment is also due, CEO with huge skin in the game, solid support from Petrovis, refinery getting closer every day, pipeline nearing completion, solid relations with locals with company offering employment to local workforce, H1 currently producing at the upper-end of bopd for the reservoir, no debt. These are the FACTS as we understand things from recent RNS's. FACTS. These are different from OPINIONS. Anyone can interpret things whatever way they want. Personally, I'll will stick to these established FACTS until the company officially says otherwise. All the rest is noise.

Feel free to add comments about the company rather than about those who post on here TT. TBH I think I have the right to post my understanding of the company's situation, which I see as essentially positive.

Concur Investor. The Mongolians finally swung around behind us. Presumably they realised belatedly that they were throwing big money at a pipeline and refinery without actually having much oil to put through them and the clock was ticking ever louder.

Yes MrP. It seems so obvious that PC would be desperate for the resource. I can't think of a single reason why they wouldn't be. Hopefully Buck is in a closed period re comms as he's in the mother of all bidding wars for it. Hahaha. Of course, the fantastic news from Gazelle must have added at least one nought to the figures being thrown about. Even the usually dour Buck was 'delighted' by the result at Gaz1. No debt, profit from 350 bopd per day, probably more now, and large 'entities' trying to get their grubby mitts on what we got. And virtually nothing priced in yet. Maybe time for top up?

Lovely.

Fantastic result at Gazelle, H2 a bonus if it comes in or it becomes an injector to support H1, Gobi lined-up for the New Year, no debt, company turning a good profit for the first time in its history, talks ongoing for partnering up for rapid development of the field, preparatory work well in hand for exploring new block, Sunsteppe front and centre of renewables development in a vast potential market, company streamlined significantly with running costs cut to a minimum, no reason to doubt that the witholding issue will be resolved given the lack of ambiguity from a legal point of view so a huge back-payment is also due, CEO with huge skin in the game, solid support from Petrovis, refinery getting closer every day, pipeline nearing completion, solid relations with locals with company offering employment to local workforce, H1 currently producing at the upper-end of bopd for the reservoir, no debt. These are the FACTS as we understand things from recent RNS's. FACTS. These are different from OPINIONS. Anyone can interpret things whatever way they want. Personally, I'll will stick to these established FACTS until the company officially says otherwise. All the rest is noise.

Great move Investor.

Yes, Investor. Clearly somebody who has no boundaries and moral limits. That's why I can't help wondering about the sort of life his daughter must have. Can you imagine having a father like that? Makes one shudder at the thought. Horrible.

Totally agree. It was the Mongolians who foresaw the need to get the land designated special purpose. We haven't emphasised that enough here. The Mongolians went out of their way to head off future local licensing issues. The only conclusion is that they absolutely need the project to work for their own strategic purposes. Why else would they do it?

Yes, a stockbashing tactic to downplay or put a negative interpretation on every development.