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Well done The Orns you were correct lol
Interested companies want too see continuous production of plant stated barrels per day running, also the sec regulatory NI-501 report has to document that, then that opens up all kinds of opportunities/interest, the difference now is Steven Byle is in control and he has a reputation for seeking opportunities and making them work look at Valkor Energy and how involved they are and own a subsidiary Crosstrail engineering that have now the blueprint for the 10,000 bbls per day plant from working with PetroTeq, it’s down too this really they were running before hand over 300bbls a day and have Valkor/PetroTeq have identified the bottle necks in production and have included a third mix tank and the improvements too the heater system but also now (from the PetroTeq twitter pictures) includes
1. New cooler for cooling down heavy oil that returns to the tank farm.
2. 3xNew tank heaters
3. Installed a new Vapor Recovery Cooler & and Knock Out Pot to maximize solvent recovery from any vapors.
This level of detail have not been provided before this is now a proven professional company with the focus and vision too complete the task with the errors of the past!
Steven Byle has not only an interest in the project with Tomco but has a direct share interest in PetroTeq can’t remember exact figures, circa 20% maybe but that’s enough and PetroTeq will only be going up shortly, so hang and if you can top up average down, nearly all shareholders I know have a much higher average and is committed too seeing a much improved share price and also if the Quadrise stage goes well and the excitement that could bring with a licensing deal then it should increase price here, not long waiting if you been this long whats another week or 2!
What’s that BP Cadbury’s Dairy Milk?
We also have CDM lol
We have Morocco and Utah.I just wish there was material news on all these other opportunities.Absolutely nothing.
Yep dust of nations, i missed that. That's all they seem to do is issue more and more shares or alter the price already agreed to some from say 0.18 to 0.055 it drives me mad. Because I have a lot of PQE and a few QFI it seems they both are always issuing the " jam tomorrow" statements. I went back 4 years in PQE and they were saying the same things then they are saying now. You have to say that if all this supposed ground breaking technology was actually any good, would the share price keep drifting lower and lower? I got into PQE on the advice of a trusted friend, I know some of the investors there are doing their absolute brains. It all just looks very sore...
I blame only myself for getting into QFI and TOM, all on the back of PQE. If I could get out doing 50% i would bail today. Yes it might come good, but the signs aren't there, quite the contrary in fact.
Is that good news Dustofnations regarding debt conversion
Because below the good news was hidden another significant debt to equity conversion.
News was good on there. But did nothing for the rest of the consortium with prices crashed. Timed my buy won't at 3p on here. I will see if I have any more money to put here at 1.5