Member Info for JoeYangtze

It was another poster Patsy that suggested the Pre-feed rns was ready, 2 weeks ago. However there must be an update soon. Don’t forget corona, time zone differences, may I suggest language makes time-lines longer. The latter spoken with tongue in cheek, I will suggest after the break. Aimho.

Yes, good find. Stuart only employs people with a successful track record.

Well, for investors these are uncharted times. The world has never been in this position before.
First they were selling when price of oil was dropping particularly WTI. now they are selling as WTI jumps back to $24 pbo. An update is urgently required from the BOD. I am sure that they are aware of that.

Yes Craggs, that is an analysts opinion. It could be right. They haven’t taken account of how quickly the lockdowns will re-open. Then as Golden Sachs say a massive shift. I would hope to see about 5 million barrels of oil a day cut from West Texas. That would help balance the worlds books. Subsidising the US oil industry amounts to nationalisation. Wasn’t,it the USA that sued Airbus for unfair competition against Boeing? Then Boeing go and turn out that piece of **** the B-737-max.

I do agree with this about news of the JV and Field Test would be most welcome.

Don’t forget the Petroteq oil is very clean on sulphur and fetches a premium.

According to OilPrice .com WTI IS now $12.69. I did look carefully to see if there was a minus sign. But no.

How many times do I need to say this. A LISTING DOES NOT HAVE TO BE AN IPO.

It is not an IPO. they are not raising money. CICCapital has money in the bank.

The spread of 37.5% is f***ing disgraceful.

Good post Torreaguas, because there are no wild assumptions in that considering that 100% of the oil is owned by TOM.

It would not be a good idea to delay listing of CICCapital. As you can see, Stuart has other companies in the pipe-line, once listed. When cash is earned from these other companies it needs to be placed onto CICCapital’s books. This would then require another audit, before CICCapital would be legal to list. Once listed, SB can go ahead with all the other companies waiting to be Listed/Securitised. Furthermore, as soon as Capital is listed, then SB will commence the listing for CICGOLD.

TheDiddymen - CIC Capital Ltd being listed has always been a private advisory service business since its inception in 2004. Further it has been audited as if a public Co. It has the former head of Corporate Governance Barrick Gold - a fortune 100 company on its board. Its board is also populated with well known reputable directors.

All shareholding in the company was provided as a dividend, so no investment here. The public listing is a non offering that is they are not asking for investor money. If you read the revenues on their latest published audited results demonstrate significant income.

You are promoting a line that is absolutely false.

I would like to see Mr. Blyumkin as a non-exec on TOM’S BOD.

Yes, but, they will probably be able to delay it due to coronavirus.

That MOU is using some steam technology they have, so it is different from Petroteq system.

Lol!

Good question

No, they don’t need any money.

I have been saying that for over a year now. We still have first-class assets, directors are easy to change, the oil shale has been there forever.

Now, that is what I call an update!

As you know Torre, I have never supported the Chairman, he is as much use as a dildo with no batteries.