Member Info for Proquo

Buck would like to treat us.

Tomorrow. I think would like to treat us to a nice weekend. For once. Hopefully our technical expert, Jerry, is no longer calling in his homework from London but is actually on site putting a shift in. It bloody irked me that he couldn't be bothered to be in Mongolia for the last presentation. His work period in Mongolia itself is only about 7 or 8 months ffs.

What's the reasoning behind an assertion that no news yet suggests a failure? At the presentation Buck was specifically asked if he could try to put out RNS releases that could be watertight and without ambiguity, and he took that on board. What better way to do that than to announce that the test proved successful and works have commenced to connect it to H1? Not saying this is tue case of course but is just as likely an outcome as 'a failure' given the evidence we have.

He bought a big chunk of physical silver, I think. And yes, GSR is the ace in the whole atm with LS ticking over on the back-burner.

One thing is for sure - there's a huge amount going on with this company right now. Well testing, production, sorting out the tax situation and payments, Sunsteppe trying to bring projects to 'ready to build status' in order to sell them on, advanced partnering discussions with 'entities', early stage work on the new block. Not many 15 mill Mcap outfits have so many irons in the fire imo. We need just one of the above to turn positive and then the sp can sail out of the current doldrums.

Happy to wait here, down a bit on my 1.3p average but just passed 150% profit on MAFL so feeling pretty relaxed. The main thing which keeps me here is the complete lack of debt. Crippling debt is always the issue with these type of shares when in early lean years as they try to establish. Share count remains just about manageable so we're right on the vinegar stroke regarding the company's future progress - one tiny bit of good news now could tip us over into a rapid upward curve. And don't take your eye off Sunsteppe - Buck has emphasised numerous times how rapidly things are evolving in the sustainable space in Mongolia.

30p on the bid now! That's a real milestone

Just possible that farm-out discussions have superceded all other developments now.

It really does!

Not the case with me. I've topped up twice since the placing. Just not much to say until news drops. I'm still very bullish.

Yes, absurd to claim that everything stops in winter; pumping and production will continue for one, as well as work to bring the Sunsteppe projects to 'ready to build' status, which is the stated aim. Also the partnering will take time to thrash out contracts, the 2026 drilling schedule etc.

Regarding the current testing works, Buck is well aware of investors' concerns about ambiguous comms in company RNS's, as he addressed this issue in the presentation. I'm therefore assuming he's taking histime getting absolutely accurate info in place before making anything public re results.

Buck is partial to a Thursday RNS..Just saying

No.

Never been one for rumours of leaks but those are big tranches, it has to be said. Makes my 3 million seem paltry!

Totally agree PeterP.

Well we should know for sure this week, one way or t'other. Another 100bopd into the coffers would make a huge difference, including in the partnering discussions. We have to be able to walk away if the deal is not right. The good thing with these tests is that in the event of success production can come onstream pretty quickly. So plenty to play for still. Good luck to all those genuine investors. Some big weeks ahead for us all.

Bit of Friday FOMO today would be rather lovely. X

Doh!

Making such statements on a public forum really should be prisonable. It will be one day. This sort of behaviour has to be stopped. Boundaries need to be applied rigorously and relentlessly or such offending will only escalate. Basic criminology.

Many thanks. Would be nice to get H2 straight on the grid and avoid diesel costs. Presumably diesel has to be delivered atm to H1 so can't be a cheap option. I guess H2 will need power even as an injector well.