Member Info for Ohmetoe

Break even at asphalt ridge was $30 to $32 per barrel.

Wether that changes with QFI involved now ?

I expect this to work between PQE and QFI , PQE had pretty much unlocked the code to clean tar sands before cv 19 hit.

I hope we are in for a massive turn around with all this because the amount of oil involved is bonkers

Covid 19 has not helped

my understanding is a few issues with KSA but Morocco was more cv19 related issues

12 months this should be away from this bottom level

Invested in both PQE and here and i'm not expecting to much until September in regards to asphalt ridge Utah

Equipment paid for and the company impressed enough that they were willing to take a punt with the payment via shares. They must have been told something we don’t know yet, very exciting times here!!

Or equipment is knackered and PW Wells glad to see back of it

I'm on a 3 bagger mcphy

You will be still waiting 25 years for anything at all to happen

'Why are we discussing electric cars here?'

Haha fair point

Unfortunately the country has a massive issue with infrastructure with electric car charging , i looked into starting a company up fitting charge points with a friend and one of the points raised on the course was lamppost issue's. Inadequate amount of lampposts and the infrastructure to supply the demand. Even speaking to dealerships about electric cars they never came across as convinced its the future .

Besides with rapid charging cabling would need upgrading to supply the demand .

Even looked into new builds estates and no infrastructure or intention to future proof for this in place.

All comes across as VHS vs BETAMAX again.

gimmick that will fade imho

A whole infrastructure issue already for battery powered cars.
Cant see it lasting myself , hey ho years away yet before everything goes green of some sort .
So ships either have scrubbers or bunker fuel .
At current levels QFI should see a breakout on good news.

Hydrogen is the future and its already starting to replace fossil fuel , i use to be heavy on oil but last few months started changing my portfolio.

Solely here for what is happening in Utah as what is happening could be massive and will be worth the ride .

Tymers going Spain ,probably thinks he's sailing over in his multi million pound yacht to buy a villa.

All earned from his multi million pound investment in UKOG of course he always has an entry at the current price.

From my understanding of all this is that ultimately Tomco will be paying for everything and i have heard /read it could cost upto 20 million quid.

So i guess lots fund raising over the next 18 months for the holders of Tomco stock

Im not sure why Tomco is getting the rise , they are nothing without PQE or QFI

Crazy decision to enter into DSF , destroyed all value for shareholders and yet SS claimed it was 'kahunas'.
Assets that the company can't seem to develope and a CEO that only worries his wages .

Invested at .2 yet looks more and more likely this company goes to the wall unless SS and the board get booted out.

Copland

SS said patience !!

25 years to try turn this sham around

Actually wrong again it did hit 600 bopd over two shifts and upscaling .

However with this could be large upside

'I have been following petroteq for years'

If that was the case you wouldn't say they have a 500 bopd plant .

interesting 6 months for QFI

They don't have to anything

Upside could be massive for QFI

DYOR