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Petroteq Energy Inc V.PQE.H

Alternate Symbol(s):  PQEFF

Petroteq Energy Inc. is a clean technology company. The Company is focused on the development, implementation and licensing of a patented, environmentally safe and sustainable technology for the extraction and reclamation of heavy oil and bitumen from oil sands and mineable oil deposits. The Company's subsidiary, Petroteq Energy CA Inc. (PCA), is engaged in the business of exploring for, extracting and producing oil and hydrocarbon products from oil sands deposits and sediments located in the Asphalt Ridge area of Uintah County, Utah. The Company specializes in oil production with ancillary offerings in mining and sand remediation. The Company's clean oil recovery technology (CORT) is used at its Asphalt Ridge Plant to extract and produce crude oil from oil sands utilizing a closed-loop solvent-based extraction system.


TSXV:PQE.H - Post by User

Comment by mingzhuon Aug 26, 2022 9:07am
90 Views
Post# 34922000

RE:PQE profit potential: $ 446,562,500/yr - FMV $ 11.01/share

RE:PQE profit potential: $ 446,562,500/yr - FMV $ 11.01/shareadd the sale of processed pure sand, i think it is $5 per barrel.
deepoil0808 wrote: Revenue Potential of PQE without VISTON deal:


(a)  Utah license with 10,000 barrels of oil per day........................................PROFIT:   $ 273,500,000

     (Sell $ 100 per barrel less cost of $ 25 per barrel = $ 75 per barrel of oil *10,000 barrels * 365 days)


(b)  Two (2) NetOil license ($ 6 million USD each)........................................PROFIT:        17,500.000 (Cdn)

      Plus:   100,000 barrels of oil per day * 5% royalty * $ 75 profit...............PROFIT      136,875,000


(c)  Two (2) Cantone license ($ 2 million USD each)....................................PROFIT           5,000,000

      Plus 10,000 barrels of oil per day * 5% royalty * $ 75 profit....................PROFIT:         13,687,500



We are barely scratching the surface as I expect a flurry of license deals going forward.

Total profit potential per year is:     $ 446,562,500

Earnings per share:                                     .55 cents per share

Fair Value of stock price:                        $ 11.01 per share (based on 811 million shares outstanding)


My personal opinion, 






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