Member Info for orslega

news anytime?

soon - full ask being paid : )

Over 40% now. Leave it a for few more days / catch up - then they can release some transformational news. All good for Mayan. Ben - make sure the Chinese don’t get in too cheaply!

No worries - sit tight, things are looking good on many fronts.

About bleedin time, lol

No chance of that happening, US$2 would never be accepted at this juncture - :

But to answer the question Stalin, at $2, Mayan stock and options in PQE are worth

1,035,233 x $2 = $2,070,466

+

1,035,233 x 1.10 (£2.00- 0.90 option price) = $1,138,756

Total value to MYN of both at £2 = $3,209,222.

PQE reckon that they should be worth $8 by 2021 - maybe ambitious maybe not.

Do the maths. No brainer.

"Mayan currently holds 1,035,233 shares in Petroteq Energy Inc. with an associated 1,035,233 3-year warrants at USD $0.90."

Up 26% Something up : )

That is the plan:

Thom Board, Attis' CEO and current Mayan technical advisor will join Mayan as its Chief Operating Officer and executive director - Mr. Board will be in charge of all of the day to day operations of the combined entities in the US

maybe - but could also be a contractor; bills to pay etc can't wait for share price to get going.......

no reason why not - there have been onsite at ZR for nearly a month now, from RNS 15/4/2019 - note they expect a "significant impact to its bottom line":

"Zink Ranch has a total of 50 historic wells and 18 active wells.

The Attis team have been in the field over the past week assessing the near-term requirements for optimisation.

Initial topside field production enhancement techniques will be applied during April.

The Company expects to see enhanced production from the current 6-8 bopd with limited capital being applied.

Importantly, the field operations cost has been reduced by 20% from 1 April 2019 under the sub-contractor agreement with Attis.

The Zink Ranch field production and revenue numbers have not been incorporated in the Company's breakeven analysis, however Mayan expects the field to have a significant impact to its bottom line .

Charlie Wood, CEO of Mayan, said, "............we have established a strong working relationship with our operator, Attis, who has shown a disciplined cost- controlled approach in delivering production resulting in an excellent return on capital deployed. We will continue to monitor performance and proactively implement further enhancements. We are applying the same methodical approach at Zink Ranch as we take control of operations and make further assessment of the development opportunities across our acreage. As part of this plan, the Company has begun sub surface geological studies at Zink Ranch with a view to further development and establishment of reserves and additional exploration opportunities will be evaluated at the Austin Field in the near future."

When the market hits the brick wall at the end of this year, this quality problem, in combination with increased instability in the Middle East, will not only create a nightmare scenario for consumers but could also push crude oil above the current $70-85 per barrel range. Proxy wars and sanctions could create the perfect storm for oil. A possible spike to $90 seems within reach.

https://oilprice.com/Geopolitics/International/New-Middle-East-Proxy-War-Could-Jolt-Oil-Prices.html

.

good spot, must say didn't ring a bell with me.

Well he's here in a big way to recover some of those losses!

Pretty certain he was not around in the old days - might be wrong - doesn't ring a bell - he arrived here in February. He clearly likes what he sees - hardly surprising at the price he got in.

hi peckham - like everyone, he was diluted at last placing- so his % holding decreased.

myn is though : )

.

Yes just over 30% is now owned by 4 individual PIs, guessing they aren't in this together ??

Indeed.

bed n isas going on today, tax free gains soon : )

See PQE up again yesterday : )

PQE also posting:

"With a production cost of $30 per barrel, investors don’t have to make too many calculations to see the value potential, given that oil prices are hovering at the $70/barrel level.

$PQE $PQEFF $PQCF #OilStocks #Investing #Energy

THIS COMMUNICATION IS MADE ON BEHALF OF PETROTEQ"