Member Info for vauch

From Reddit:

"
r/Petroteq
Posted byu/petromod
moderator
1 day ago

Utah Division of Oil, Gas and Mining OGM File Services - Petroteq Processing Activity, Week Ending June 19, 2021
Report ??
During the week ended 19 June 2021, the following volumes of ore were mined, delivered to, processed or removed from the Temple Mountain site:

No ore was processed during the week; awaiting solvent delivery. 113 CY of newly mined ore was delivered from offsite while 134 CY of lower quality offsite ore was removed from site. 224 CY of cleaned sand was collected by Sand Processor while no new cleaned sand was added to the storage area resulting in a net reduction of 224 CY of cleaned sand in storage.

Reports have indicated that one delivery of solvent arrived on June 19, 2021 and the balance is expected to be delivered today, June 23, 2021."

How many PXEN holders are in this with massive losses, if it is you please post even once,

As ever only time will tell

Yep they will keep adding

And back to .54

I would have thought the first 4 would have been released

Can tom get the plant built in time?

The oil and gas industry’s tumultuous 2021: what does it mean for small caps ask @TMSreach

“..Brent crude has reached its highest level in two years, with some leading commodity traders suggesting prices might persist above $100..”

https://total-market-solutions.com/2021/06/the-oil-and-gas-industrys-tumultuous-2021-what-does-it-mean-for-small-caps/

They have decided as we wont pat them on the back for a job well done and a superb rerating, they have decided to pat themselves on the back

And like wise the crazy SP with this one also continues

Greenfield would require funding in excess of US$110 million for the construction of the first plant
Is this sum Tomco's half as the original price was $180 mill

Greenfield would require funding in excess of US$110 million for the construction of the first plant
Is this sum Tomco's half as the original price was $180 mill

well at .4 thats 1.5 billion shares and then another 750 mill warrants at .6
Ok if you like dilution at every corner but for long-term holders it stinks.

no but the mention of another placing will now have a huge impact

If you think about it they would be getting a full up and working plant
oil sand leases
and all proprietary rights of plant
Royalty income from the use of this type of plant by others.
I would value the lot at around $3 a share

I think when this takeover offer is official on the Canadian market it will have higher credibility, then the price will reflect it.
I can also see the offer being increased to $1 a share

Looking real good.
Going for the shares in USA and Canada

https://www.einpresswire.com/article/544360426/uppgard-konsult-ab-update-on-its-share-purchase-initiative-for-petroteq-energy-inc-tsx-v-pqe-otc-pqeff-fse-pqcf

NEWS PROVIDED BY
uppgard ab konsult
June 21, 2021, 10:51 GMT

"Uppgard Konsult AB update on its share purchase initiative for Petroteq Energy Inc (TSX-V: PQE, OTC: PQEFF, FSE : PQCF)

KRYLBO, SWEDEN, June 21, 2021 /EINPresswire.com/ -- Uppgard Konsult AB update on its share purchase initiative for Petroteq Energy Inc (TSX-V: PQE, OTC: PQEFF, FSE : PQCF)

Regarding Petroteq Energy Inc. ("Petroteq" or the "Company") (FSE:PQCF), Uppgard Konsult AB ("Uppgard" or the "Company") announces that on April 16, 2021, the company has made an official offer to purchase up to 200 million shares of Petroteq the company at 0.48 Euro per share cash from its shareholders, subject to Uppgard Konsult AB's terms and conditions.

The company announces that despite the premium price, Petroteq Energy Inc shareholders' approval in Germany of the takeover offer has so far fallen well short of expectations

For this reason, Uppgard Konsult AB has not been able to secure the intended takeover of the shares to date.

The customer and the company are now evaluating the official expansion of the offering to the North American market.

Petroteq Energy Inc. is a Canadian-registered, publicly traded company that is also listed on a U.S. stock exchange. As it is, its shares are widely held in Canada with a significant number of U.S. shareholders. This means that both the Canadian Takeover bid rules and the U.S. tender offer rules are triggered at the same time, and if the two jurisdictions have different requirements, the transaction must comply with the more stringent rules.

To this end, we are looking into strengthening the team and bringing in another consulting firm that has extensive experience and knowledge in the North American markets.

In order to comply with both Canadian and U.S. regulations, Uppgard Konsult AB and its client are now consulting with their legal advisors to prepare the next steps and necessary documents for Canadian and U.S. securities regulators.

Further to this to comply with the Takeover Code, the Client wishes to provide additional information about its plans for Petroteq Energy Inc. after the acquisition

Upon successful completion of the tender offer, the company will focus on its patents, technology, research and development, and increasing production.

To further earn shareholder confidence, the Company is preparing documents to demonstrate the financial resources necessary to support the proposed acquisition and the future development of the technology and expansion of the business.

In addition, we are reviewing the need to change the closing date, which must also be consistent with the minimum offer period for takeover bids in Canada and the U.S., and the need to disclose and provide additional documents and information as part of the early warning report

Someone sold 709k and it still is rising. the large holders are taking it all.

Stock is getting real short now at 14% up