Member Info for orslega

RNS specifically refers to AIM Rule 11:

AIM Rule 11

The purpose of AIM Rule 11 is to maintain a fair and orderly market in securities and to ensure that all users of the market have simultaneous access to the same information in order to make investment decisions. The disclosure obligation in respect of inside information under Article 17 of MAR protects investors from market abuse (see recital 49 of MAR).

Whilst there is clearly overlap in respect of both sets of obligations, they should be considered separately. In particular, we note that “inside information” has a specific and technical definition (given its context) whereas consideration of AIM Rule 11 by an AIM company (with the guidance of its nomad) is a principles based consideration in the context of the maintenance of a fair and orderly market. Therefore, the separate disclosure tests and guidance to AIM Rule 11 must be complied with.

Importantly, compliance with MAR does not mean that an AIM company will have satisfied its obligations under the AIM Rules, just as compliance with the AIM Rules does not mean that an AIM company will have satisfied its obligations under MAR. An AIM company must comply with the AIM Rules and MAR at all times.

For example, the guidance to AIM Rule 11 which sets an expectation that an AIM company should keep impending developments confidential under the AIM Rules would not restrict an AIM company from making such a disclosure if required under Article 17 of MAR. Equally, the ability to delay the publication of inside information under MAR would not override the disclosure obligation contained in the AIM Rules. In this regard an AIM company must consider whether it is able to delay the information pursuant to the guidance to AIM Rule 11.

yep - plenty seeing that - almost blue.

Spread is tiny - buyers arriving - understandably - wanting in.

Lets see.

Expecting a blue day today - already MMs messing around.

and of course Austin Wells

this quarter - few weeks the:

".......this quarter and with production coming on stream across the portfolio"

So this means Forrest Hill, Stockdale, Zinc Ranch (where as the RNS says financial incentive to get this up and running)

I see Align still have a healthy near term sp prediction

"NPV analysis and peer comparisons suggest over 475% upside" (when tipped at Can $ 0.97)

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)."

That would make MYN current investment in Petroteq very valuable - do the numbers (don't forget the warrants)

Not forgetting they still have 2p+ for Mayan.

We'll know very soon on both fronts whether the re-rate is on.

Now is the time Eddie to kick start production - $80 oil is here to stay : )

https://www.cnbc.com/2018/09/19/oil-markets-us-crude-inventory-and-trade-war-in-focus.html

Almost certainly expect Deloro to pass back MYN their shareholding in PQE soon - also Deloro/MYN lock in in PQE is up very shortly - so MYN will soon have full control on what should be a very valuable PQE shareholding - just need PQE to announce full production. Grand opening this month. Could be excellent timing.

MYN have 1M paid shares and 1M warrants in PQE.

buys more like

1.5M buy

DK invested £250,000 over a year ago - he will be keen to get production going after all the legal/permitting issues the company has faced in the last few months . He's the brains behind the technology.

Good and timely reminder of Zinc Ranch potential = "hidden gem".

August 2017 RNS

David Kahn, a financial investor and key operational partner for Mayan who will acquire a 12.1% stake in the Company, by subscribing to 83,333,333 Ordinary Shares

(subsequently confirmed in Sept subscription his went ahead).

July 2017 RNS

David S. Kahn has been recruited to act as oilfield technology advisor to the Company. Dr Kahn bringing more than 25 years as an executive with major oil and gas companies including Baker Hughes, Halliburton, and, Texaco. In the last 15 years, he has been a principal and founder of several successful companies globally including Ivanhoe Energy, Black Pearl & Tanganikya. Dr. Kahn brings specialist expertise in reservoir stimulation that the Company believes will greatly be of benefit in its exploitation of Zink Ranch and Mathis assets as well as evaluation of future opportunities in Oklahoma and Texas.

Eddie Gonzalez, CEO, commented: "I am very excited about the addition of Dr. Kahn to our team. His expertise will immensely aid our efforts at Zink Ranch where we are moving forward with the work program contemplated in the transaction announced 18 July 2017. As I have previously and publicly opined, Zink Ranch is a hidden gem in the Company's portfolio and the farm out validates my opinion and previous statements with respect to its value to this Company. I reassert: Zink Ranch is the type of project a company of the size of Mayan should undertake....

ps yes agreed, well worth listen for those want a reminder what's install. Now 15 months on......

When the newly expanded plant begins commercial operation, it will process 50 to 70 tons of oil sands per hour with an output of 1,000 barrels a day, which will be shipped 150 miles by truck to refineries in Salt Lake City, where it will be processed into diesel fuel. The goal of the developers is to produce 5,000 barrels a day in three years. The company has leased over 2,500 acres of private land, holding 86 million barrels of oil, and believes it will eventually be able to produce 10,000 barrels a day over 25 years.

https://www.instituteforenergyresearch.org/fossil-fuels/gas-and-oil/petroteq-believes-its-technology-is-the-key-to-utah-oil-sands/

some cheap top ups going through - nearly 2M buys shown as sells - sells of this size would have dropped the price; usual MM nonsense...

https://www.networknewswire.com/for-petroteq-energy-inc-tsx-v-pqe-otc-pqeff-proof-of-its-revolutionary-tech-is-in-the-asphalt/

Miller - so true. We’ll see in next few trading sessions. Patient buggers, for sure.

creeping up on every buy (there has only been 3-4).....a little more interest will get things moving...

also for Petroteq - comment on twitter

replying to @orslega

Been informed direct from Company that $pqe $pqeff production update expected this week. If news is as good as expected should see it fly. Bodes well for #myn investment.

moving now on small buys - MMs will need to reduce spread shortly

big swing movement on PQE sp yesterday - range $1.20 - $1.39.

Ended up $1.39.

Must be very close to their announcement of full blown production. They stated a grand opening this month - obviously to co-incide with Mayan AGM, lol