Member Info for orslega

Good to see Thom Board commentating - he's the man in the field.

why don't you do some of your own research for change?

Yes the buying opportunity for PQE continues. Have done so. (There is a short position taking advantage of delays etc).

Pretty relaxed, serious money to made from these levels - imo.

ha - great minds, he's forgotten - not that long ago!

lol. I would keep a low profile if I were you, your clients might just remind you of your last Petroteq recommendation!

Your/Align buy note last year said this:

NPV analysis and peer comparisons suggest over 475% upside

Our NPV and peer analysis shows the stock trading at a large discount to our perceived fundamental worth of US$4.46 (CAD $5.71).

So only 20 bags to go then.

My point was it had moved off the all time low. No one's kidding anyone.

So EG multi-millionaire only puts in $18K in Mayan

So AB multi-millionaire puts in $10M in PQE.

Only one of them made serious investment at a personal level. No clues.

The value of the investment is irrelevant? Really? That's your view.

18K v 1M (well actually 8.4M if you add the rest of his investment).

Speaks volumes particularly as his last investment was not that long ago.

Wait and see.

imo it will be massive, hence the investment. A world first is the prize - this has never been achieved before. Put a value on that. Two third party companies have recently stamped their approval.

Unfortunately my pocket does not stretch to investing $1M in PQE - the Executive Chairman and founder said the technology warranted his increased investment (at $0.45); follow the insider money.....

https://ir.petroteq.energy/press-releases/detail/310/petroteq-energy-announces-investment-by-chairman

Tier - the share price is at an all time low - well not quite - it picked up 10% yesterday. The company has missed time-lines etc but imo that is all about to change.

The latest buy target (NB not Align who were touting $5-6!) of $1.45 is nearly 6 times today's price - below is the original and they have since reiterated. So plenty expected. That would be some thing to shout about. Plenty of action in the pipeline at PQE. Watch and see what happens.

https://s1.q4cdn.com/460208960/files/News/2019/Zacks_SCR_Research_02042019_PQEFF_Ralston.pdf

usual widening of the spread - MMs need to get the bid up...

Fingers crossed - hope I got the bottom last week, 0.23 : )

A steal imo

Helpful, good point - some of these old assets/rights have been forgotten about, timely reminder re ADL.

I think there are other NCT/Mayan old assets tucked away for better days.

ha PQE flying now.....why's that then, lol

Nasdaq - not as straight forward as that - the company did explain shareholders the nasdaq process etc. Yes, a consolidation was always proposed but it is simply not that straightforward - but imo expect news before they jump final nasdaq hurdles (ps nasdaq is very much still on the cards near term - in case some are wondering; yesterday's announcement is all part of it)

13/12/2018

Share Consolidation Vote

Petroteq’s board recently brought the matter of a 1 for 10 consolidation of the Company’s common shares to a shareholder vote, a necessary corporate action for Petroteq in order to reach a minimum share price requirement for listing on the NASDAQ Capital Market. Shareholders overwhelmingly approved the measure, however, the board has resolved that the Company will not use a consolidation ratio beyond 1 for 5. The Company intends to engage a transparent and cautious methodology to the proposed NASDAQ listing with the belief that, given the recently achieved and the anticipated milestones, it may meet the requirements for a NASDAQ listing without corporate intervention. Acceptance for listing Company shares is subject to approval, in part, based on the Company's ability to meet minimum listing requirements for the NASDAQ Capital Market. While Petroteq intends to satisfy all of the applicable listing criteria, no assurance can be given that its application will be approved.

Include the Executive Chairman as one of the rampers - do you think he's bothered he is down 50% on his last investment; I doubt it. He is also much closer to David Sealock than any other investor.

"The Company is pleased to announce the subscription by Alex Blyumkin, the Executive Chairman and a director of the Company, for 2,222,222 common shares of the Company at US$0.45 per share for gross proceeds of US$1,000,000. “The continuing progress of our company in the expansion of our Utah oil sands facility, combined with our business development strategies, have been encouraging and, in my view, merit further investment in the company,” stated Mr. Blyumkin.

indeed very good news; a company simply doesn't go through this very expensive process to then fail the fundamentals at the last hurdle - what would be the point? Not rocket science.

As CEO Sealock said yesterday a major milestone for the company.

I also am expecting some good news to bolster pre Nasdaq listing . Things can turn around very quickly and I expect to see that. At the moment the stock is priced to fail, some see that as a buying opportunity. Each to their own.

he won't be bothered he got 20M shares free for continuous pestering....but then it could be some contractor shares , they can't wait forever....

Good spot.

Another third party backing Petroteq technology.

"The testwork was undertaken by independent laboratory PRI Asphalt Technologies Inc (“PRI”), using Petroteq’s proprietary solvent blend to determine the percentage of oil that could be recovered from QEM’s activated oil shale. This test work followed on from the Stage 1 oil extraction testing announced 20 December 2018.

The results from testwork demonstrate that Petroteq’s proprietary technology was able to recover up to 65% of the contained oil from Julia Creek project samples."

I expect (and hope!) that there is much going on behinds the scenes right now at Petroteq, not least Nasdaq listing. The share price sits at all time low, so fingers crossed we will be in for a well needed boost.

Yes it looks like a few traders have moved on since AGM statement.

They'll be back in a couple of weeks time to guess the impact on CPR; usual AIM actions