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The big companies will only change through mandate, smaller companies will need something better too get the edge and contend, using the MSAR route will improve things but consumers are not dependent on a new product but that will change imo
Agreed Wonga which is why I posted on the New Day Energy Development LLC company that has leases right next too it, plus they want too use their RF tech too produce the lower regions of the subsurface and are in developing the in-situ as suggested in the RNS, much more of a fit imo!
It looks like after researching that the leases all around TomCo leases is under development for another company’s in-situ RF development and imo they will want the Oilsands overburden removed by TomCo’s plant so they can perform the deeper processes!
PetroTeq’s operations dosn’t produce any greenhouse gases so it can be considered a net zero emissions company imo, and a really good reason why these’s investment companies can consider this too be an unique acquisition!
He actually seams like a good guy and not rehearsed off a sheet, comes with the weight of his experience I don’t think he cares about getting something out of this for himself, he said about getting the best for shareholders the relief that gives after AB is so important really excited too hear something sooner not later, I think I would even consider buying more if the TSX opens!
https://twitter.com/fadec92/status/1441337646094041090?s=21
Plenty of room too go up here!
These guys start with a vision work out viability, design and engineer and build company’s from scratch they commission plants create wealth for surrounding communities/employ staff then produce salable products on a large scale, and probably will then sell the whole thing, but this one is the last one they will need too do, the biggy (retirement fund) imo!
MMil your fixation with Valkor is bordering on weird, and without a doubt false, but your appetite too prove everyone wrong and self belief of importance is not a great look, I think we all get it yes Valkor are having a great deal with little money input, but what they did bring engineering wise was a glimmer of hope and now helping TOM into a real money making oil producer, and I think many would bite their hand off too be in this position after what the director called a Chequered Past!
Confidence in the directors is a big thing and the range of opinions of are they going too be able too get the financing of plant together, the last two news releases and the interview has made the way forward much more transparent on the detail of funding and it looks like this guy Zac is a big hitter in business adds too the weight, I can believe with all the info in the domain this remains an £8m MC company when potentially it can generate multiples of this yearly, there should be a revaluation by the market soon imo
More recently, I was the CFO for Dubai World’s oil & gas business (DB Petroleum), with responsibility for risk management, valuation and authoring of investment proposals. During this time, I valued more than 152 transactions with a combined transaction value of inexcess of $63bn..
Excellent experience and credentials!
https://uk.linkedin.com/in/zac-phillips-oga