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Bullboard - Stock Discussion Forum 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... see more

TSXV:PQE.H - Post Discussion

Petroteq Energy Inc > Great Update from Tomco
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Post by JetsFanYEG on Jul 02, 2021 8:45am

Great Update from Tomco

https://www.voxmarkets.co.uk/rns/announcement/f7c940c8-185a-4074-9f40-f4d5e727b5b4/ Great news from Tomco, they have completed the data for the FEED study which will be released this month, Greenfield has passed the operation of the pilot plant back to PQE, Greenfield will go ahead and plan the building of a 10,000 BPD plant. I think we will soon hear about their plans to go ahead and most likely we will soon hear about PQE’s plan to also build their own 5,000 BPD plant (or perhaps they skip the 5,000 BPD and go straight to their own 10,000 BPD plant as well???)
Comment by BamBam101 on Jul 03, 2021 2:03pm
Awesome comments and a legitimate point. What risks might be associated with skipping a step? There is likely some capex and opex to be saved to go straight for the clitoris. The flow sheet seems simple enough. Shouldn't be too many technical surprises.  DD101 BB101
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