Member Info for vauch

I hope we get our trial in before end of this month

Lets hope Petroteq sort out the surety bond before 01 March!

Quote: The Division continues to hold two surety bonds totaling $385,672.00 for 22 acres of disturbance but has not issued final approval for the revision because it has not received the increased surety. For operations to continue at this site, the Division needs to receive an updated Notice detailing mining and processing facilities and operations. Petroteq is hereby directed to provide the Division with an updated Notice by no later than March 1, 2021."

Its a lot to have tied up in one stock. but this time around I think this will be lifechanging.

Is it time yet ED

The dor bar was one half of the news the other half is the samples sent to UK foe analyse and a plan for the best extraction to maximise the gold and silver return.
So I would think they will be announced together.
Keep an eye open for the 1 trade

Hi Chad what is the cost do far of your holding.
Mine is £110k

Not much to say that has not already been posted, Oh bring on the news.

Do the company have permission to frack

complete write of against income.

he’s delighted with the life in the Wressle development which will be producing 500 barrels of oil a day. The flow rate is dictated by planning regulations otherwise the data would be much larger says Bramhill. Regardless of restrictions that limit amount is worth $4 million to the company based on its 40% economic interest in the licences there.
So this will make our 30% worth $3 mill a year at this oil price time

Just realised there was an update on Proactive Investors last Thursday......

https://www.proactiveinvestors.co.uk/companies/news/224475/tomco-energy-tapping-into-market-for-low-sulphur-fuel-oil-224475.html

There is a comment from JP confirming that the 3rd party verification has now commenced, this wasn’t mentioned in the video the previous week.

“We are very pleased with the POSP operations and initial oil production,” said John Potter, TomCo chief executive in a statement.

“The planned test work and third-party engineering analysis is also underway as we work on further optimising the POSP and increasing production. We look forward to reporting on our continuing progress in the coming weeks.”

Ors. not so questionable with sand sales added to the mix and the oil fuel end product.

My thoughts also

Once all the oil is extracted will Utar become a desert

The Question, well that is the question!

I would like to see on 10K site
4x 2500 plants. this would allow maintenance of plant on rotation without a full shutdown.

once numbers are crunched Valkor can see how lucrative this is and why they are taking big holding in Petroteq. the same will happen to TOM

Well I think we should have the next part of the puzzle this week 250 achieved.
I would not be surprised if Valkor are not bui.lding a stake in Tom.
I n the future I can also see Valkor taking us out.

Open mining earth moving plant is not cheep

Petroteq have announced that they are in the process of negotiating frac sand contracts- so expect news imminently.

They already have a fracking sand contract in place from 2012 for 15 years