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I also think a 5k plant would require to faster feeding to keep it up to speed . I can see a 2500 plant would be better suited and then build another.
This way a constant flow would be achieved covering breakdowns or serving schedules.
I would like to see funding from one place with drawdowns attached so only interest is paid on what is drawn.
I do wonder if the delays are to do with the warrants, as the company where happy the last lot where cancelled, so it could be delayed to get rid of the last lot out their.

It will be operational when it is built mot likely

If the run continues today then we are well on the way to full funding.

Up and down like a yoyo on OTC

So our institute report should be next then

Hi Folk
This is on Valkor's home page

Heavy Sweet Oil Targets Production for end of 3rd Quarter 2022

Heavy Sweet Oil receives Netherland and Sewell Oil In Place Report for Asphalt Ridge Acreage of 4.25B bbl of oil in place

We will have news of sorts on Monday as the Valkor repayment extension runs out this Sunday

Sometime is most likely,

Seems like PQE are finally getting their house in order for the sale.

Cancelation of stock options
July 27, 2022 11:30am EDT
SHERMAN OAKS, CA / ACCESSWIRE / July 27, 2022 / Petroteq Energy Inc. ("Petroteq" or the "Company") ???(TSXV:PQE; OTC PINK:PQEFF; FSE:PQCF), ?an ? an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, announces that it and the optionees of all of the issued and outstanding stock options of the Company have agreed to cancel an aggregate of 4,250,000 stock options, all of which had exercise prices between C$1.00 and C$2.27. Subject to compliance with the policies of the TSX Venture Exchange, the optionees will be eligible to receive awards under the Company's new 2022 Equity Incentive Plan approved by shareholders on July 21, 2022. Accordingly, the Company now has no outstanding stock options.

No PQE news release on special meeting

AGM today

I was not invited to the AGM
But would have gone if PQE paid the business class flights

NOTICE IS HEREBY GIVEN that the Annual and Special Meeting (the “Meeting”) of shareholders (the “Shareholders”) of
Petroteq Energy Inc. (the “Corporation”) will be held at the Corporation’s offices at 15315 W Magnolia Blvd., Suite 120,
Sherman Oaks, California 91403, on Thursday, the 21st day of July, 2022, at the hour of 11:00 a.m. (PT) for the following
purposes:

NOTICE IS HEREBY GIVEN that the Annual and Special Meeting (the “Meeting”) of shareholders (the “Shareholders”) of
Petroteq Energy Inc. (the “Corporation”) will be held at the Corporation’s offices at 15315 W Magnolia Blvd., Suite 120,
Sherman Oaks, California 91403, on Thursday, the 21st day of July, 2022, at the hour of 11:00 a.m. (PT) for the following
purposes:

July 18, 2022 9:00am EDT
SHERMAN OAKS, CA / ACCESSWIRE / July 18, 2022 / Petroteq Energy Inc. ("Petroteq" or the "Company") ??(TSXV:PQE)(OTC PINK:PQEFF)(FSE:PQCF), ?an oil company focused on the development and ?implementation of its proprietary oil sands extraction and remediation technologies, announced today that as per the Company's announcement dated May 24, 2022 introducing the appointment of ?the founding members of the Company's Regulatory Oversight Advisory Committee ??("ROC") and its mandate, the Company and the ROC hereby report that all transactions ?put forth before the ROC during the month of June have been reviewed by its members ?and all necessary filings with the TSX Venture Exchange ("TSXV") have been made and ?in ROC's view the filings made are in compliance with TSXV policies. ROC has confirmed ?via internal control procedures including due inquiry, that all matters that should have ?been presented to ROC have been.

July 18, 2022 9:00am EDT
SHERMAN OAKS, CA / ACCESSWIRE / July 18, 2022 / Petroteq Energy Inc. ("Petroteq" or the "Company") ??(TSXV:PQE)(OTC PINK:PQEFF)(FSE:PQCF), ?an oil company focused on the development and ?implementation of its proprietary oil sands extraction and remediation technologies, announced today that as per the Company's announcement dated May 24, 2022 introducing the appointment of ?the founding members of the Company's Regulatory Oversight Advisory Committee ??("ROC") and its mandate, the Company and the ROC hereby report that all transactions ?put forth before the ROC during the month of June have been reviewed by its members ?and all necessary filings with the TSX Venture Exchange ("TSXV") have been made and ?in ROC's view the filings made are in compliance with TSXV policies. ROC has confirmed ?via internal control procedures including due inquiry, that all matters that should have ?been presented to ROC have been.

Yep Tomco are leasing the land and refinery, they will have nothing to do with it and say they wont be using it to have their product refined.
I forgot to quiz them on Quadrise fules.
And if they will be paying Valkor or will it be shares instead.

The full funding will be in one pot with drawdowns, Toshi site and drills as one part. then dig equipment for moving tar sands to the other company producing road tar.
Next drawdown will be plant build this will be done on sections built at a time.
only money drawn will incur the interest payable.
But at that time we will have income from the wells, tar sand for other co & their sand sales payments.
The refinery still may never be used as the renter has lost one investor already causing a delay in starting work in June to a later unspecified time, but the £10k a month is still coming in.

Until funding I doubt we will have any news.
Auto words is is nuisance.
I do wonder how many will be in this once funding is sorted. as the SP will move up sharply.

Take all I read with a pinch of salt.
But a lot of detective work done by some holders and the co mentioned it,
Until funding I drought we will have any news