Member Info for manu19

Yes Dust of Nations ( great respect for you and thanks for your brilliant input and sharing knowledge) - they have:

they have massive over optimism
they have failed to inform shareholders of honest progress for many many years
they have repeatedly massive failures on dead lines and have not leant from their past
they have raised funds in clever non acceptable, and last time, in a deceptive way)
they have been incredibly naive -( I say this as a long term investor)
they have led us up the garden path too many times and just have not learned enough on the way - OK initially to make mistakes but too little has been learnt.
What about the many who have pulled out any lost many thousands and the effect on their lives and mental health ?

it may work out especially with the MSC, ( I personally bloody well hope so , still under water ) but at what cost to so many - and the many of us who may not live long enough
to see the benefit - OK the pandemic has delayed things but not enough excuse for so many of us -

however I truly hope they have it this time BUT never forgive them for what they have put LTH through only forgive if
it get to 30 to 50p ( if still alive to be able to forgive)

There are 3 possibilities for QFI - primarily of course is MSC an agreement for a trial plus the MSAR provider. Then there is the " proving" of BioMsar. There is Utah getting the samples and then hopefully the trial production. The there is Morocco where we need to get on site and then potential revenue. Then we have to take into account world events - who knows the implications of the pandemic on the world economics. Therefore very difficult to predict the future for QFI.

IMO we should get an RNS with MSC of a trial in the next month which with a refiner should give is a rise of at least 2/3p - getting us to 7.5 to 8.5 within the next month or so. If UTAH starts the trial the this should add another 1p per getting us to around 8.5 and if Morocco comes off should add another 1/2 pence - IMO by July 2021 we hopefully will be around 10 to 12p -
If because of MSC others want agreements who knows. If the MSC trial is successful it could be incredible and it could be a competition for a buy out. - BUT talk now of
50p,100,p and beyond is very very speculative and dangerous for investors talk - I am hopeful and just hope than long term investors - like me if 7 years is long term!! - at least get their investment level - IMO there are great possibilities but for me at least I am wary because I have been burnt with similar great possibilities. very best wishes especially to those of us still below being even.

Petroteq Energy Announces That Production of Oil From its Oil Sands Plant has ?Recommenced After Implementing Certain Process Enhancements

https://ir.petroteq.energy/press-releases/detail/374

The whole shipping industry, and shipping journalists must know about the discussions between MSC and QFI - success in this is all the publicity, (PR) needed

Price monitoring extensions are neither good nor bad.

Are price monitoring extensions good or bad?
Price monitoring extensions are neither good nor bad. They are simply a function of the market to attempt to reduce excess volatility from the market.

They perform the same role as trading halts do in the US exchange by pausing the electronic matching process and price movement in an attempt to calm a fast-moving momentum – the same way a strategically used time out can work in sport.

Electronic order book users trading the SETS platform in the United Kingdom should be aware of price monitoring extensions as they can represent opportunity should both the first and second price monitoring extension by ignored by the market.

Remember we are at below 4p, the talk of 50p to 100p and beyond is dangerously optimistic - especially for those
recently on this share who may perhaps not be aware of our history and who maybe have or think of putting their saving or have borrowed to invest into this share. I totally wish the expressed hopes are fulfilled believe me - I have been in for over 7/8 years - had an average of 32p and kept buying in desperation and have reduced this risking all- I should not have done for my peace of mind - I have risked all kept buying to reduce my average but at an unprintable worry - I say this because of the QFI history and the uncertain state of the world - anything could happen from more virus to war and conflict so be careful of the dreamers, be careful of your well saved, or borrowed cash - I hope to hell it works out but be careful and just do not bet your houses, your loans, your savings - remember we are in an AIM company in volatile uncertain times with a company that has not delivered - I take the view that the company is honest but also naive and over optimistic - just take care and be wary of those on this site who predict or who suggest we shall be millionaires! - it is a great risk - a punt worth it perhaps if you can afford to lose your money but be wary ......... I am not a de ramper - I want this to come off but I do not want people to have to risk and suffer what I have these past years.

"We are therefore confident that during 2021 we will successfully validate the economic and environmental benefits of MSAR® at an industrial scale, complete the commercial scale trials on the Client's units and initiate commercial supply of MSAR® after concluding commercial supply agreements."

Be careful this is what they said would happen in 2020

attempted (failed) AGM sweetener

PETROTEQ ENERGY ANNOUNCES THAT WORK TO UPGRADE THE CAPACITY AND RELIABILITY OF ITS OIL SANDS PLANT AT ASPHALT RIDGE IS NEARING COMPLETION

https://ir.petroteq.energy/press-releases/detail/367

up 30% today - done this a week or so and dropped massively but could be sniffing an RNS ?

Tobythedog

agree with you completely - they are taking their salaries whilst there is some money in in case it all does not work out - for years it has all been foreplay with no climax - the board and the positive ones i.e " another MOU China etc - I have put more int etc etc" dangerously actually believe in it all - they have to their money and their credibility is on the line -

I really hope it comes off but fed up with the naive optimism - Monday more it will be ok - more foreplay.....it may rise a bit and then go down