The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
When the realisation sets in that this is a genuine $1bn+ asset sale in the near term that 10p area could be hit. That event could be this week and it’s still cheap at that level perhaps leaving a premium of 300/400% on a sale.
The guy #EUA appointed to help them land the big fish certainly swims with them.
http://summa.geopolisdigital.ru/about/management/sb_9/en/
What’s the theory on these
Pembridge Shares
3.21 WTI owns 5,769,232 shares in Pembridge Resources Plc. The shares last traded, pre- suspension at 1.5p per share. The administrators have been liaising with Cooleys LLP, WTI’s pre-Administration legal advisers, in relation to the potential sale of the shares as Pembridge is currently undertaking a secondary placing.
Degsy wants to buy in but he doesn’t want any pressure on the share price at 8am when he wants to buy.
Shame he’s got to stoop to such levels.
Anyway this will be 20p+ at some stage today so there is something here for everyone I guess.
Big day coming and don’t be surprised to see a 100% move.
AIMHO DYOR
Think this does 100% tomorrow.
This is the Microsoft webinar link.
https://www.deviceauthority.com/webinars
yes indeed,no smoke without fire and that £45k looks like smoke.
Wow just look at the partners Coretech hold to distribute via;
https://www.cortechslabs.com/company/partners/
20-30p next week
At the moment the only way to exploit these resources is via dirty tech that’s killing the planet.
TWO TRILLION BARRELS
CLEAN TECH THAT PETROTEQ HOLD CAN HARVEST THESE AT LOWER COSTS THAN EXISTING EVASIVE AND ENVIRONMENTAL DESTROYING SYSTEMS.
———-
Alberta and Saskatchewan in Canada are estimated to contain around 2 trillion barrels of bitumen
USA alone holds gigantic deposits.
We are talking bigger than the largest fields in Saudi etc. Just needs someone with the tech to tap into it?
Production (current): 5,000 barrels per day
Production (projected): 35,000 barrels per day
Deposits (in place): 55.00 billion barrels
The plot:
While debates about pipelines associated with tar sands bitumen from Canada traversing US territory continue, precedents are being possibly set in Utah allowing that Canadian industry to export upstream and not just downstream technology. Many US states have bitumen deposits that if produced not only would wreak havoc on any possible climate mitigation but also decimate already sparse local water tables in many different places across the Lower 48 and Alaska. Strip mining proposed in Utah is by a Canadian "oil sands" company, "US Oil Sands".
The details:
There are many places throughout the United States that contain bitumen in place, otherwise known as tar sands or oil sands. In the state of Utah, an Alberta-based company named “US Oil Sands” has received permit approval for the first open pit bitumen mine in the United States (In Grand and Uintah counties--closest to Vernal, UT), while in California in-situ operations already exist near Oxnard in Pleasant Valley (approximately 50 miles west of central Los Angeles).
The locations of the bitumen deposits by US state, according to the US Geological Survey, are listed below in billions of barrels (bbl):
[important note: bitumen reserves below are a combination of known reserves and educated guesses by the USGS as to the likely approximate total for a region or deposit. The actual economic or technologically recoverable size of the deposits is unknown. For a non-scientific “rule of thumb” to help make sense of these numbers, consider that Alberta and Saskatchewan in Canada are estimated to contain around 2 trillion barrels of bitumen, while recoverable barrels of synthetic oil are currently estimated at ~175 bbl. Thus, it is safe to gauge a deposit as approximately 10% recoverable as an average.]
Utah: 18.7 bbl
Alaska: 15 bbl
Alabama: 6.4 bbl
Texas: 4.9 bbl
California: 4.5 bbl
Kentucky: 3.4 bbl
Oklahoma: 0.8 bbl
New Mexico: 0.35 bbl
Wyoming: 0.15 bbl
MASSIVE WORLD POTENTIAL
All deposits figures refer to billions of barrels.
All production figures refer to an absolute number of barrels per day.
OS is Oil Shale (kerogen). TS is Tar Sands.
All
Type Deposits (in place)sort icon Deposits (recoverable) Production (current) Production (projected)
United States OS 3000.00 800.00
Venezuela TS 2500.00 300.00 600000 2100000
Israel/Palestine OS 2000.00 250.00 200000
The Hashemite Kingdom of Jordan OS 300.00 34.00 100000
Uzbekistan OS 300.00
The Russian Federation OS 245.00
Madagascar TS 200.00 25.00 30000 280000
Democratic Republic of Congo OS 100.00 10.00
Brazil OS 82.00 4000 10000
United States TS 55.00 5000 35000
Morocco OS 53.00 10.00 50000
Mongolia OS 35.00 45000
Nigeria TS 30.00 4.00
Serbia OS 30.00 0.20 30000
Estonia OS 16.00 2.00 4000 20000
Canada OS 15.00 20000
Trinidad & Tobago TS 2.00 1.50 40000
Democratic Republic of Congo TS 0.30 0.03
Republic of Congo (Brazzaville) TS 2.50 30000
Australia OS 24.00 200000
Peoples Republic of China OS 30.00 10000 100000
Canada (Melville Island) TS
Russia TS 100000
Great website that clearly lets you see the size of the prize Petroteq is aiming for.
http://www.tarsandsworld.com/
Great work guys.
Superb company this and on the cusp of big things.
Love this video.
https://vimeo.com/341690341
Amill.
DM me on Twitter would be interested to know what questions you want answering
@keya5000
Featherbourne I am tad naive to all things revolving around RTOs and you seem well versed in such.
Does the company that comes on the listing just gift us the company/assets?
Oil and Gas, significant liquids in the 65m gas zone only also.
That's massive.
Ring them up, could be the best phone call you will ever make.
Will take a few hours to maybe come on line.
One of the worlds most wealthy men takes control of a tiny AIM company and tells the world he will add significant value to all stakeholders.
Biggest event on AIM ever, bigger than the birth of ASOS.
This is day 1.
Five years we could have a major oil company here.
Should be multiples of today now.
Market cap only covers a fully funded Aje asset so zero is being attributed to the Sheikh and after today thats crazy.
Would drilling through the gas result in a flare or would that only be when pressure tested?
New board new start and a great set of assets.