Member Info for Proquo

Time to top up, people. Great opportunity to average down. Literally nothing priced in yet.

Lovely

Wonder if JV might follow up with an interview. Might get a bit more detail then.

That is correct Gigi, that is the accepted industry rule of thumb for valuation.

Correct TBT. Been clear for months. LSE won't deal with the infestation though.

Great post Gigi. Great to see positive coverage and analysts stating in black and white that the company is funded for the foreseeable, with a supportive Petrovis in the back pocket for an injection of funds should we require it.

I'd say it's better to listen to industry analysts than a coordinated and criminal stockbashing gang.

Lovely

Anyway, it's the weekend. Please don't waste it wrangling with the zombie stockbashers. Bon weekend à tous.

Why did my post lose the capital letters?

yes, as i said we're still 10% on the sp at the time of the agm. i wouldn't bother wading through it all though, thorn. the only posts you should read are those by krok who was a global senior oil executive, buying and selling oil companies all over the world for decades apparently. now reduced to stockbashing on the bb of a tiny aim oiler in mongolia but still a voice of huge authority. a bit like doc but with a bigger *****, albeit still pretty small apparently.

But his name is not Joe, richar??

Anyone?

Well said TBT.

And again!!

At least I'm still triggering a green compost box after most posts. I've still got it!! Form is temporary but class is permanent.

Lovely.

I just don't see what has changed in the bigger picture. We knew Heron was all about the JV/sale. It still is. We knew the money will arrive. It will. We knew that in the meantime we'll try to tweak existing wells to bring them onstream. That's the same. The only new info today is that H2 will be repurposed to support H1 and further wells. Well, the negs had written off H2 anyway. Money's tight. But we already knew that too. It always has been.

Are you Arthur Milholland, Krok?

Poor old Krok. From globe-trotting senior oil executive to posting on a bb about an AIM oiler in Mongolia that they've never invested in to an anonymous audience of retirees.

Doesn't reek of a successful career in the industry, does it?

Krok says...

'And this is not just a guesstimate but rather an opinion from someone who have sold and bought dozens of upstream assets in more than 10 countries in the course of the last two decades'

All that experience and money Krok and you're posting on an AIM oiler on a bulletin board about a company you don't rate?!

Pull the other one, son! Even the other zombie stockbashers are chortling at this one. Hahaha

It's all there Mullins.

Yes, of course you have Krok. You're just such an authentic voice of the industry. Hahahaha

Like I said we are still 10% up from the price at time of the AGM. Perspective. The RNS today didn't really tells us anything new - the money will arrive, the JV is the way forward for developing Heron beyond the single well which is flowing nicely, discussions are ongoing, and the company is looking at low-cost tweaks to bring new wells onstream in the near-term. I really don't get the panic - just a sign of the times I guess. In terms of the bigger picture, it told us nothing we didn't already know. I reckon I'll be back in profit by COB on Monday.

Great move. Chapeau

I love it when my post triggers a green compost bin.

Agreed Investor, before I filtered BP I had them down as one of the blunt chisels in the roll.