focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Guess they wanted too get bottom in their options, and saying needed funding but has sufficient funds available for next 12 years, still looking at this logically it’s still a foothold in an Oilsands revolution that’s going too start full production with multiple 10k plants, if you want an investment in this up and coming heavy oil market which the US has limited supply then it’s this is one company!
https://twitter.com/petroteqi/status/1406985049816371200?s=21
https://twitter.com/petroteqi/status/1406985049816371200?s=21
Yes agree with Stoney it’s for 1802 in solid cancer and B-Cell lymphoma, the patent application has been around for a while and has a final rejection last Christmas, but we know final dosnt mean final, it’s a request for continued examination!
https://imgur.com/a/qvVfZEM
https://twitter.com/petroteqi/status/1404460437089964034?s=21
Thankyou for replying, that’s great there is good confidence in the testing of the Fuel!
Have you guys heard of the Investment Fund Trafigura, it’s business is in Marine Shipping Highlighted by The PetroTeq Energy Investor Group as per tweet, ive tracked down the their PDF and a $200m Investment in sustainability-linked companys!
https://twitter.com/petroteqi/status/1403440331648032771?s=21
Investing in disruptive renewable technologies
“We are establishing new ventures to invest in renewable energy assets. We have taken strategic stakes in a number of early-stage disruptive renewable technologies, including hydrogen power and alternative fuels, renewable energy storage technologies and carbon utilisation.
Trafigura will share knowledge and leverage its expertise and international network to support these companies to help bring technologies to market at scale that accelerates the energy transition.”
Trafigura closes a new USD203.5 million US Private Placement, its first sustainability-linked capital markets transaction
https://www.trafigura.com/press-releases/trafigura-closes-a-new-usd203-5-million-us-private-placement-its-first-sustainability-linked-capital-markets-transaction
PDF Page 54 starts :-
https://www.trafigura.com/media/2948/2020-trafigura-responsibility-report.pdf
Plants just taken a bit longer than anticipated, the focus has been too adjust the plant too process different variations of Ore so the FEED study can take that into account also, more upgrades and now the major milestone of 250bbls/day!
Into the new phase now as they are happy with the process and end product and so are the refineries with the sand and sendiment/water at a lower level!
It was always said that the tie up with Quadrise was the plan, and so great news today that it was mentioned with some here predicted that the POSP plant don’t need it, which is probably correct but if MSAR makes that process end product better and open too more attractive too more markets then it’s something that will be done!
What’s the chances of this test going well, you guys have been around here a while and would have more of a clue about these matters, we know its 10.9 would be the end product API?
So that’s 420 barrels (70%) from the Asphalt Ridge Plant Output and the rest MSAR water/Additives 30% which is 180 barrels!
600 barrels
“The work will include a commercial scale demonstration trial of MSAR technology from Quadrise Fuels International plc at Petroteq’s existing oil sands plant to produce over 600 bbls of power grade MSAR. Petroteq, Greenfield (defined below) and Quadrise believe that the use of MSAR technology could potentially add significant value to the oil produced from Petroteq’s existing oil sands plant and the parties will continue to cooperate in good faith to agree to the commercial terms of a conditional MSAR license and commercial supply agreement for the production of MSAR fuel should the demonstration prove successful.”
I think it’s 500 barrels!
Maybe until cash position is known how they will finance the built with the initial 10% of the Membership they call it, cash consideration of US$2 million then maybe people are uncertain as they know Tom has not got that money!
On Stockbox Tommorrow!
https://twitter.com/fadec92/status/1400563890036039682?s=21
On Stockbox!
https://twitter.com/fadec92/status/1400563890036039682?s=21
Testing is now complete so FEED not far away would have thought!
https://twitter.com/fadec92/status/1397863455856726017?s=21