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PQE is an investment, albeit it may not be looking too good for Attis atm.., but it will turn like most do, and eventually money will be made for the company.
Here at Attis, I’m hoping the CPR’s will somehow kick this off and start seeing a rise.. Soon enough PQE will take off and therefore should ruboff onto Attis. These AIM share stocks turn quick, ours is just a wee bit slow..
Totally agree. The reason for writing about PQE all the time is because there is not much to say about AOGL, until the finally announce what is company is aspiring to in the short to mid term.
If you don’t want Aogl to raise in the short term maybe you should pay attention to Pqe.
orslega: Seriously !!! up 0.01 or 4.4%.
It will most likely go down next week. It's shocking how excited people get here when they see PQE move up few percent. Anyone how buys the stock should make sure that they do their own homework. I don't hold any shares in PQE.
This page is for Attis Oil & Gas. Lets keep the conversation to AOGL. Most people like myself come here to read information about AOGL and NOT PQE. AOGL has interest in PQE but im more interested in knowing what is happening with AOGL.
ha PQE flying now.....why's that then, lol
Nasdaq - not as straight forward as that - the company did explain shareholders the nasdaq process etc. Yes, a consolidation was always proposed but it is simply not that straightforward - but imo expect news before they jump final nasdaq hurdles (ps nasdaq is very much still on the cards near term - in case some are wondering; yesterday's announcement is all part of it)
13/12/2018
Share Consolidation Vote
Petroteq’s board recently brought the matter of a 1 for 10 consolidation of the Company’s common shares to a shareholder vote, a necessary corporate action for Petroteq in order to reach a minimum share price requirement for listing on the NASDAQ Capital Market. Shareholders overwhelmingly approved the measure, however, the board has resolved that the Company will not use a consolidation ratio beyond 1 for 5. The Company intends to engage a transparent and cautious methodology to the proposed NASDAQ listing with the belief that, given the recently achieved and the anticipated milestones, it may meet the requirements for a NASDAQ listing without corporate intervention. Acceptance for listing Company shares is subject to approval, in part, based on the Company's ability to meet minimum listing requirements for the NASDAQ Capital Market. While Petroteq intends to satisfy all of the applicable listing criteria, no assurance can be given that its application will be approved.
He says August, so it’s likely never or August 2029.
$5 LMFAO!!!
Pqe actually needs to be $5 to get a NASDAQ listing so unless some miracle is about to happen (or we get a 50-1 consolidation) we're a way of full listing!! However Ors may know more given previous communications with the company. ....
Avoided the Charlie bit I see... hardly surprising!
And so we come back to it. All the time trying to personalise it. The only thing that matters to me here and elsewhere is that I make some money. The rest of it is just dross. Why don't you come up with some insight or some research or something that gives a new angle on things. Why is only people like me or Orslega that post links to news, information or research rather than people like you? If you really do have such a desperate need to feel superior, get a mirror: you will be able to look down on yourself or tell yourself how great you are dependent on your mood.
Why not ask Tragic how much he lost on RGM and RRR when he was ramping the hell out of both of them in 2013/14/15? Ask why there is a gap in his posting history?. The bit about him transferring his pension to a SIPP because he couldn't wait to invest into RGM and RRR is still on there. So the man who has set himself up as the World's greatest expert on Andrew Bell, RRR and RGM is the man who lost pretty much every penny he had investing off the back of AB, RRR and RGM when he was ramping them all: He is a really good source of investment insight.
DYOFR.
Why have you not pointed out Charlie’s “proven lacking to date”... just curious.
And I can read cheers! Some good reading on RRR. Mr. magic called you out good and proper for what you are .. made me laugh!
You obviously can't read but if you can, you don't understand what you are reading. I have said multiple times that AB and DS are deficient. Which bit about "proven lacking to date" is a ramp?
The other thing is to leave emotion at the door. Getting emotional about investments is certain to lead to lossses. Just because I don't go about how everyone hasn't got a father doesn't mean I am their biggest fan. You have been listening to the poison dwarf too much.
What matters is research and analysis. When PQE comes good, it will come seriously good. I have explained several times what the isssues are; the technology works and has worked all the way through. What hasn't worked is the engineering required to scale up to steady state volume production. It looks like that has now largely been sorted and we should have public confirmation shortly.
As Orslega and I have both said, the big game in town is licensing. No way can PQE afford to fund and manage say 50 plants worldwide doing 10,000 bopd but they can license it. Still, given world wide reserves 50 plants doing 10,000 bopd will be scratching the surface. At that rate of production it would take about 27,000 years to exhaust global reserves.
Average price $50 a barrel and 5% royalty will do just fine.
DYOR
Does the SP not been to be $1 to get NASAQ?
With no volume it looks miles away as things stand.
Include the Executive Chairman as one of the rampers - do you think he's bothered he is down 50% on his last investment; I doubt it. He is also much closer to David Sealock than any other investor.
"The Company is pleased to announce the subscription by Alex Blyumkin, the Executive Chairman and a director of the Company, for 2,222,222 common shares of the Company at US$0.45 per share for gross proceeds of US$1,000,000. “The continuing progress of our company in the expansion of our Utah oil sands facility, combined with our business development strategies, have been encouraging and, in my view, merit further investment in the company,” stated Mr. Blyumkin.
Are you rampers not irritated that DS has let the stock price get to this point? “Priced to fail” - as Ors says.
Investors care 1% about the story and 99% about the SP and shareholder value.
He’s let you down and you know it.
And yet it’s still dropping like a stone.
BLOE has bigger MCAP now.
My own view is that AB and DS have been proven lacking to date, mainly in engineering skills. I very nearly sold twice, once when it was around CAD$1.20 and a few weeks ago when it went to CAD$.60. The second occasion I would probably have sold if I hadn't been in meetings in London. Hindsight and all that good stuff (very popular on here). However, I wouldn't sell now and if I had spare cash I would be a buyer. It does feel to me that they have now turned the corner. The upward movement will probably start when they confirm that the tech improvements have been implemented and the plant is now producing as intended.
Fingers crossed!
DYOR
indeed very good news; a company simply doesn't go through this very expensive process to then fail the fundamentals at the last hurdle - what would be the point? Not rocket science.
As CEO Sealock said yesterday a major milestone for the company.
I also am expecting some good news to bolster pre Nasdaq listing . Things can turn around very quickly and I expect to see that. At the moment the stock is priced to fail, some see that as a buying opportunity. Each to their own.
Agree Helpful the magnitude of the Form 10 acceptance is massive, being party to the processes of it the last year has shown me the massive amount of work that has gone into it and also they really go into depth about the company/directors and processes. They must have answered over 1000 questions at least! Great job done by the guys there!
I am not sure that everyone understands the consequences of the Form 10 acceptance by the SEC.
1. It means less scope for jiggery pokery. The SEC will be checking everything that is done from here on in. Falling foul of the SEC is not a fun experience.
2. The reporting will be subject to a higher standard than the TSX.
3. Reporting will be regular and consistent.
4. Just a matter of time now till PQE is on NASDAQ. That should mean the share price is higher and more liquid.
5. I expect that there will be regular news from here on in and it will be good news.
If and when AOGL decides to sell, hopefully, they will be able to do it easily and will be able to realise sufficient to fund our growth. My view is that they will be listed on NASDAQ towards the end of August. To make it go well, they will want to get good news out in the run up to the listing.
DYOR