Member Info for Torreaguas

my fault, i put KSI ! sorry, KSA.

agreed re Asphalt ridge, but QFI has many more irons in the fire and that is why I havem moved here as Tom has always only had Utah and nothing else. It will be good for tom eventually but I much prefer qfi especially with KSI and Morrocco.

If the sp can just hold steady here until the presentation on tuesday we could see another leg up from wednesday onwards. Especially if we get any form of positive update on top.

Why are we discussing electric cars here?

Yes, and the cost to QFI? - Nothing, just royalties coming in.

Petroteq, listed in canada.

Yes but they have both and the market cap is small. Trouble is they have a history of dilution and very poor shareholder communication, that is why I moved to QFI, I still want to be on the oil sands journey but not with a company that has no regard for holders. They will dilute again imo.

lots of action over at tomco, one day people will realise the system will rely on MASR to be ultra profitable and we will get our rise. its only a matter of time.

They are upgrading it to 500 bopd. It was running at 300 bopd. So ok I should have said the 300 bopd plant that is being upgraded to 500 bopd. Geez, nit pickers or what !

i dont think so, but lets leave it there.

jackg123, how silly. That was 2 different subjects as you know. I have been following petroteq for years.

have we just been conveniently dropped for the next conversion so bergen can sell into the next news?

Petroteq are doing nothing. The whole thing is being run by Valkor and Tomco i.e Greenfield.

Fyoz, You are right, it is a company maker for all. It is just that a few months wait is too long for most who want big profits in a week not 4 months. I know that Greenfield will be doing a number of 10,000bopd plants once the first is up and running.

I just hope Mike is tough and get at least al least 5% royalty off all MSAR produced.

trust me i do understand, been following this for years.

Anyone who thinks this is a small deal take a look at the image of the Petroteq 500 bopd plant in Utah here

https://www.valkor.com/current_projects/

Then think about a 10,000bopd plant!

The timeline for the plant test in Utah is three months to complete the upgrade works to the POSP, with the test programme expected to then take approximately a further 4-6 weeks, with third party verification of the process to then be undertaken following the testing.

total approx 5 months from last week.

Does anyone know if there actually needs to be anyone from the UK going to conduct the trial in Morrocco? DO they not have local staff?

jackg123, they have allready agreed the use of msar for the 500bopd plant at a cost of up to $150k, can't see why there needs to be anything else on that. IMO, the contract will be on the 10,000 bopd plant.

https://www.reportspedia.com/report/energy/2015-2027-global-emulsified-fuel-industry-market-research-report,-segment-by-player,-type,-application,-marketing-channel,-and-region/65608#overview