Member Info for Rewhbe

I bought in my Barclays ISA this morning at .033. Just log into your ISA account and the discounted price is shown. I did not bother to look for corporate action.

Giffer,

Out of interest what was the last update you were aware of?

I found that JM’s August Directors Talk on the Valkor update gave a reasonable update on all projects currently under way. It can be found on the Quadrise Media website if you haven’t seen it.

As I’m critical of JM’s presentation style, I am in favour of a professional writer putting his LinkedIn posts together. The 2 I’ve read so far have been very good in terms of positioning the company and the benefits of MSAR over other fuels.

Boyporche,

No need, they are already on the chat room.

WW

A Red Chicken???

HF14

My understanding from watching the presentations on facebook over the last year is that permits were given previously for 4 pilot drills, ( 1by AO for Tomco and 3 by HSO for Valkor). I believe that this was to confirm the oil sands and oil recovery.

At the last meeting Valkor asked for an additional well to be drilled in the vicinity of one of their existing permits and for unitisation of all the existing drill sites.

AIUI the current position is that unitisation will not be considered until the drilling of the pilots has been completed. I am not sure that the 5th pilot was agreed.

My uneducated thought is that if the pilots are drilled and the Huff and Puff method used to heat the oil sands for pumping the elapsed time could be in the order of 6 weeks. With the pilots proved Valkor can return to ask for the further permits to commence further drilling for unitisation.

Still not accepting greater than sign, so in long hand "risen from less tan 9p to greater than 45p

Correction - risen 45p.

AKHM,

Investors Chronical had QFI (as it then was) on their list of shares with potential to be 10 Baggers. At the time the price was 32p.

So it wasn't just ramping on BB's. At the time the shares had risen from 45p and then fallen back to 32p. I remember topping up at the time and kept a copy of the article for a while.

Your quite right .However if he is clueless and with a relatively low number of shares, I think it unlikely that he has sold.

He has also asked a question that had been covered previously so ( perhaps incorrectly) it seems to me he is another reincarnation of a regular poster.

Then again I my be wrong.

Kdix,

Agreed. HSO is 30% owned by Valkor.

AO is 100% owned by Tomco and will be drilling for them.

Hi Norman,

If you have 40,901 shares at an average of 4.9p then the cost will have been £2004.149 not as you state £3,000.

So, I cannot take your post seriously!

Not true.

Look under correct thread following name change.

QED finished up at 2.1p today 23/06

On whose part?

If he's filtered, why are you replying to his posts?

I think it would be better to log into the "Investormeet" company web site and listen to the presentation at time-10.18.
There is mention of drilling being complete but doesn't state whose drilling. Talk is of Greenfield and Valkor both drilling, so it is possible that it is Valkor rather than Greenfield.
Suggest that we each listen and make up our own mind rather than a 3rd hand post.

@JoeY

Valkor acquired 15290 Acres on 1st April this year and another 3458 Acres a couple of weeks ago. Their total holding in Utah is now 19748. Not sure if this is in one plot or two.

The ore from the POSP site was tested last November and found to be contaminated and not suitable for MSAR. I think this was one of the reasons a new site had to be found.

There seems to me that there is a long way to go before Tomco need to decide who will build their new plant.
Provided the samples being tested give a positive result, is the MMU in storage for the POSP trial going to be installed? The current agreement is that it will be tested on a plant "owned or operated" by Greenfield. If Greenfield are no longer involved with the POSP, who is now going to take this forward or will it be deferred until Greenfields new plant?
I think we need to know more about the future relationships between Tomco, Petroteq and Valkor before discuss tenders or commercial contracts.
IMO when all else is resolved I'm not sure who else, other than Valkor, knows how the POSP works and the tuning of the plant to meet the increased usage planned.

QFI are testing the samples for Tomco, so I would expect the results to first go to them and they would announce via an RNS.
I will be surprised if we hear anything earlier. The timing of the announcement is up to Tomco.