Member Info for regvarny

Starmo......I still hold Eqtec......just building a good position here also.....I feel this will fly soon....lol Reg

........company could be producing 200-300 BOO per day.....with the addition of third Whisby 7 well.....Reg

Rod......good he must have something to say.....6% very wise investment.....Cheers Reg

......Simple answer is no......Covid has taken the wind out of Eqtec sales......In my view their IP is second to none.....Dont like this new partnership for Billingham.....looks like friends of Polumbo are getting a piece of the action on the cheap......desparate.....as a consequence placing a lower value on whole business......Palumbo needs to explain why he selected a minnow to partner with.....The silence is worrying.....He no salesman I can tell you that.....Eqtec needs a Cheerleader like Martin Sorrel.....or MetalNRG Ceo Rolf Gerritson at the helm.....Eqtec PR has been disastrous....Reg

......oil is at $75 BOO......MetalNRG are trading at a profit......Company is currently producing 150 BOO per day.....with near term production target of 1000 BOO per day......Gold Ridge mine.....the expectation is of higher Gold mineralization reserves in Novembers audit......Conclusion.....company is low risk and undervalued......with large upside.....I have inow nvested £35k here.....Reg

Rod......the Uranium is a good hedge for the future.....The price of this MetalNRG asset is only going to increase.....with Commodity dealers buying it up .....in anticipation of more future Nuclear energy requirement....IMHO ....a mark of good management.....first mover with its eye on trends.....Rolf hasnt put a foot wrong yet.....Very impressive.....and now profitable.....Your dead without profits.....Reg

........2p.....Reg

.......oil price is predicted to increase from $70 BOO.....due to post Covid world demand.....and the coming winter......This is a fantastic opportunity for an oil producer....like MetalNRG to open up the taps and cash in..... MetalNRG have a target of 1000 BOO per day production.....from their Lincolnshire on land oil field.....MetalNRG are currently getting $72 per BOO.....selling over 4000 BOO for October alone.....with the prospect of. much more to come.....Uranium.....MetalNRG have a 10% share in an Uzbekistan Uranium mine......World demand for Uranium is predicted to soar.....due to CO2 emissions.....and higher oil price.....Commodity traders are currently mopping up supply .....to sell higher at price later.....Gold.....MetalNRG.....will have completed its Gold Ridge full audit on increased reserves by November......Dyor......Reg

.......Rolf.....just keep those oil increase monthly updates coming in.....This alone should trigger a rerate....Gold asset shaping up very nicely.....another winner.....Uranium....rare earth should do tremendous.....Im loaded up here.....Theres on one way I invest Long.....Reg

Money.....I like the ethos too.....Beautiful business model.....Reg

Rod......yes this is what I also believe to be Rolfs business model.....namely.... buy an overlooked undervalued near term asset.....do the necessary up to date field work.....validate it.....then proceeding to recover the initial purchase cost....by selling up to half the asset to new investors/operator.....This model has worked with oil.....now Gold.....Canny business....Conclusion ......if MetalNRG keep on increasing oil production......and have a free run in Gold....its not unreasonable to think sp could quadruple.....before Christmass....Reg

.......just thinking out loud.....Could it be..... once MetalNRG have completed Gold Ridge field work and validated their assumptions on increased Gold mineralization......Project will mirror the Oil operation.....bringing in new investors/ operator.....Reg

........other positives......Gold is trading at £1300 per ounce.....Oil at $70 per barrel.....Company is now trading profitably.....with oil production from Whilsby Lincolnshire field.....currently rising to over 4k BOO per month.....with a target of 28k per month......Conclusion .....low risk investment.....with large upside.....Reg

.......correction £150k of Gold per ton......got there in the end Reg

.......correction £1.5k Gold value per ton.....Silly Reg

........Gold Ridge project has two further mines Gold Prince and Dives mines......Gold Prince mine produced 22,000 ounces Gold for operator Phelps Dodge up to 1996.....Mines were producing..... primary; Gold, Silver, Lead......and secondary; Copper, Quartz.....Dumps contain at highest 115 ounces Gold per ton......= £1.5m in value at current Gold price.....The mines are located on lower southern slopes of Dos Caberzas Mountain......over 1.8Km strike.....within 5Km long vein swarm.....Invested a further £14k at .6p this morning......Reg

.......well done Rolf......Reg

.......looks like conversion of the £98k loan facility into shares has now been sold and cleared......sp should now move up....Reg

Rod......when a major shareholder increases holding......Its always a good indicator of positive news.....Oil production must be bang on target.....or even better increasing.....Reg

Conversion of loan facility into equity to the value of £98,000.....These shares may be sold at anytime by lender to redeem loan....My guess £60k has now been sold.....with £38k to go......2% share dilution in total......We know MetalNRG are producing 110 Barrels of oil per day from 1st June 2021.....from its Lincolnshire oil field Whisby 4 and 6 wells.....An additional producer Whisby 7 is to be brought back by side track drilling a suspended well.....MetalNRG also have two additional untapped Lincolnshire oil fields.....Conclusion....this company could be trading profitably very soon.....and could fly on any further increase in oil production......Reg