Member Info for orslega

Tomco's future is based on Petroteq succeeding in achieving commercial production.

If we can believe what the company has said on Twitter below (share price jumped 27% on Friday) it looks like it is soon to be a reality. Producing 400-500 bopd from Petroteq technology will be a world first. Exciting times.

https://twitter.com/PetroteqEnergy/status/1322181966763073538

Is the new Petroteq board, lol

Keep up the good work guys, MSAR addition will could add significant value to Utah oil sands.

New Petroteq presentation uploaded yesterday - must be getting close to production news

https://content.equisolve.net/petroteq/media/a9bc1245c1b816150e14fa309f4aa53c.pdf

New Petroteq presentation uploaded yesterday Pg 14/15 - MSAR comment

https://content.equisolve.net/petroteq/media/a9bc1245c1b816150e14fa309f4aa53c.pdf

https://ir.petroteq.energy/press-releases/detail/363

https://ir.petroteq.energy/press-releases/detail/363

Interesting summary there from Proactive guy. Strange though that there was no mention of the patented tech behind the current trials. Petroteq is 100% owner and have secured worldwide patents - nothing can happen without it, simples.

So PQE role in this - they receive, for just sitting in the office - so to speak - annual US$8M royalty (5% x $160M) plus one off $2M plant licence fee - for each 10K plant that is built. Very nice indeed. The roll out programme then commences (not just Greenfield JV) - as Steve Byle said a couple of weeks ago there has been plenty of interest, not just Utah but other countries. Once they consistently hit 400/500 bopd - we'll know very soon - Petroteq will rocket, lets see. (They hit 500 bopd in March 2019 but then ran into engineering issues which Valkor hopefully now sorted). PQE share price has increased 40% in past week, so if the market is reading this right all is well.

Good also for Tomco, Quadrise et al. Fingers crossed.

yes very interesting and positive article

try this - cut n paste and

https: // seeking alpha.com / amp/ article/ 4377726-petroteq-energy-q4-catalyst-unlock-significant-upside

if not go to google > search petroteq news in last 24 hours - you will see the link to Seeking Alpha article - uploaded yesterday

https://www.accesswire.com/606273/Petroteq-Energy-Announces-Pre-FEED-Study-Confirms-Lower-Costs-Increased-Capabilities-for-Companys-Environmentally-Benign-Proprietary-Technology

Simples - without PQE tech there is nothing for QFI/TOM/Valkor.

Steven Byle - CEO of Valkor - sure he/Valkor are running the trials under the stated agreement but Greenfield do not own the AR facility. It cost multi million $ and is owned by Petroteq. RNS should imo be factual, that excerpt is very mis-leading.

"The intention is to undertake testing during 2020 at the Petroteq Oil Sand Plant ("POSP") located at the Asphalt Ridge Facility in Utah, USA, which is owned and managed by Greenfield."

Since when did Greenfield own the Asphalt Ridge Facility? They don't! It is owned by Petroteq - Greenfield are the currently the operators. Nomads clearly don't so their job these days, lol

Tully is probably thinking of where Petroteq is listed ie TMX in Canada

*trials

Tully, Asphalt Ridge trails are taking place in Utah, USA.

But I get your drift, lol

the simply analysis here is that if the current Ashalt Ridge trials succeed (very likely imo) then it is boom time for all involved. Petroteq share price will rocket. If the trials fail it will probably mean no further involvement with Greenfield or Tomco or Petroteq.

https://ir.petroteq.energy/press-releases/detail/356

https://ir.petroteq.energy/press-releases/detail/356

He bought 3M PQE per SEC filings last week.

COO PQE RNS should be today US time.

The PQE CEO also recently spent £600K buying 15M shares - see here

https://ceo.ca/api/sedi?insider=&symbol=PQE&date=&transaction=&amount=&undefined[company_symbol]=PQE

All good to the JV cause.

PQE still on the up : )

Tomco soon

https://money.tmx.com/en/quote/PQE