RE: PQE/Valkor29 Nov 2021 18:00
So Valkor now have the lease where the POSP is located and the rights to run it !
I wonder, I wonder if this is a cunning plan to now pass the operation of the posp to Greenfield so that they can improve the plant for the 5,000 bopd production rather than build a new one at $100m plus ??? Or maybe there is a good proportion of the equipment there which can be used for the new plant on Tar Sands II lease thus cutting the cost dramatically?
All very interesting but sort of knocks the takeover offer of Petroteq a bit?