Member Info for Proquo

Right, looks like it's lunchtime. Nice bit of fried boudin noir and apple for me.

Thorn, like you I see a CEO determined not to dilute long-term shareholders any more, hence the slow and steady approach taken while we try to broker a JV or sale at the right price. The AGM made all this clear. Personally I think it's pretty impressive that our share count is relatively modest compared to so many others - take a look at UKOG's history to see how this could have gone - and that we avoided getting burdened with crippling debts.

Mm's still happy to buy large tranches of shares.

That sounds like a line from a 'Carry On' film Gravy! (Apologies to any under 55's on here who won't have a clue asto what this means).

Is Doc giving as gleeful a commentary on the rise as they gave when it was dropping? Anyway, I'll do it just in case they have forgotten.

Bid still at 2.388p. Lovely.

Bid briefly hit 2.41p which clearly triggered some selling. Need to blast past it and then we could be away.

Bid over 2.36p now. Pushing on after a brief retrace. Don't think this second wind has happened on previous recent rises. Interesting. Friday FOMO tomorrow too.

Sp action suggests a JV or sale are much more likely. Lovely to see stockbashers routed.

It really is desperate stuff when the criminal stockbashers try to argue that a £100k director buy is not significant, as he can afford it!!

That really is the point Master. Stockbashers harking on about the past really are missing the point now. Matd is a different thing now. Income, Sunsteppe, no debt, more wells likely to come online soon, interest from larger 'entities', support from Petrovis, manifest support from the Mongolian government, good relations and a deal with the Chinese. So much to come here.

The stockbashers were gleefully announcing an imminent raise five months ago. Hahaha

Aaaand aawaaay...

Quick jump to 2.15p on the bid. Lovely

Morning all. Aquisace straight into the green composter...embarrassed for them tbh.

Nice to see our upward trend continuing steadily and nothing priced in still. Can't wait for updates to arrive. There again, I would say that as I'm a ramper. As is my good lady. We can't help ourselves.

Not pleb, the best way to gauge rises is through dummy trades.

The bid has risen throughout the day. Opened at 2.016p and is now at 2.056p. I'm happy with that every day.

Yes, credit to the technical team, they hit the sweet spot with H1. I'm pretty confident they can get a tune out of H2 without too much rigmarole. It's so close to H1 that it could well flow in the same manner if they get it right. I think they were very surprised that H2 lacked the same enthusiasm as H1 first time around. On the other hand, if anyone can get the thing to flow the Chinese will know how to do it, given their extensive experience in the field already.

When you look at bopd numbers elsewhere in the basin it's no wonder Buck was so delighted with our unstimulated 821 per day. They were clear very early on that this was an exceptional number for the area. The Chinese must have been agog when they heard given how hard they've had to work to get the oil to trickle out on their side. As I've said before I'll be amazed if the Chinese haven't at least made an enquiry as to how much for the lot. Hence Buck made it clear at the AGM that it's for sale at the the right price.

And 150-200mill is low-ball for what we have. But I'd take it as the company will be well set-up for years to come to make massive and spectacular progress.