Mayan Energy Share Discussion Threads

[grannyboy] 20/6/2018 19:04

Need to start seeing some concrete progress...

[113mike] 20/6/2018 16:33

looking at last years interims released end of Sept the outlook was to achieve 300-500bpd within 12 months ...still another 3 months to go. I think we should get somewhere near the upper range imho by then..final results and update due by end of next week. Lots to look forward to!

[113mike] 20/6/2018 14:18

FYI....pqe rns just released..Petroteq Energy Expands Advisory BoardSource: GlobeNewswire Inc.?Petroteq Energy Inc. ("Petroteq" or the "Company") (TSXV:PQE; OTC:PQEFF; Frankfurt:A2DYWC), a company focused on the development and implementation of proprietary technologies for the energy industry, is pleased to announce a new initiative to expand size and scope of its Advisory Board.Petroteq's Advisory Board provides guidance and insight to the management team on the Company's strategic initiatives and go forward strategy relating to operational, public & government relations and financing activities associated with the Company's heavy oil extraction facility located at the Asphalt Ridge near Vernal, Utah."With the recent initiation of production at our facility, we have a backlog of interest from partners around the world for which a visit to an operating facility was the logical next step." stated Alex Blyumkin, Executive Chairman of Petroteq. "Our plan is to add experienced energy entrepreneurs and executives to our ranks to handle the inquiries we have been fielding, as well as develop new opportunities that will help the Company grow."In keeping with this initiative the Company is pleased to announce that experienced entrepreneur, Heriberto "Eddie" Gonzalez, has agreed to join Petroteq's Advisory Board. Mr. Gonzalez has demonstrated the ability to create growth opportunities as well as manage corporate activities for shareholder benefit in the energy and other industries in both public and private companies. He is currently Managing Director of Mayan Energy Limited, a London AIM listed issuer. Mr. Gonzalez's background includes start-up, turn around and growth of multiple companies with a consistent track record of value creation and achieving successful exits for investors. As a native Spanish speaker with cross border business experience, Mr. Gonzalez will aim to provide significant contacts and relationships beneficial to potential opportunities and partners in Mexico, Central and South America.David Sealock, CEO of Petroteq commented, "We are excited to have Eddie on our team. He brings multiple skill sets that will benefit the Company in terms of identification, development and execution of potential business opportunities. His proven willingness to go to bat for Petroteq is a positive indicator for great things to come from this appointment."

[highly geared] 20/6/2018 11:21

The issue, other than a seller of tens of millions of shares from the 0.3-0.5p region(!), is EG is delivering against plan.

Go back 6 months and the near to medium term target was 300-500bopd net to Mayan.
We are now at near to medium term and what are they actually delivering?

We know of the wells tied in at Forrest Hills delivering around 100 Bopd net, there were 4 others to tie in (2 months ago) and we’ve heard nothing.

At best , based on what we know, 300-500bopd net still seems months off. This may explain the stuttering share price?

[113mike] 20/6/2018 10:30

Its absolutely ridiculous! Yes, ffs!..good buying/ top up opportunity though! in a couple of weeks time we'll get interims which hopefully will include a pos+ current trading statement and sales and revenue projections...hopefully that will do the trick!

[spawny100] 20/6/2018 10:26

FFS this share is doing my head in

[piperpeter] 19/6/2018 15:44

Another commercial string officially added to the Mayan bow.

Pp.

[croasdalelfc] 19/6/2018 14:19

Petroteq plant initiates production RnS out

[jayj4u] 19/6/2018 08:42

Im ready to buy more... need to get it below 0.75 to keep my average at 0.73p.... looking to pick up half a million but have the potential to buy another 5 million @ 0.75!

We shell see how this plays out!

[113mike] 19/6/2018 08:41

RT AlignResearch "RNS noted from Mayan Energy #MYN this morning. Formulation of further development progress in near term & move to all important 500 bopd. Key takeaway - payment in stock at a premium to current price - 0.85p similar level to CEO's purchase a cple months ago...

[coldspring] 19/6/2018 08:08

Yet another positive forward looking RNS with a good contract for everyone concerned and the share price drops. Gotta love this share

[shirley83] 19/6/2018 07:49

Love the fact he doesn't want money but shares in the company.. Is he a gambler?

[brasso3] 19/6/2018 07:47

I expect there will be several RNS over the next 10 days...

[113mike] 19/6/2018 07:34

From a other board tbis mor ing on today's RNS...#MYN bringing on 100bopd via stock payment of $250k at 0.85p per share premium for the initial tranche. That's $2500 per flowing barrel. What a deal. 3.5m recoverable. Must be worth £5m on the mcap alone that asset. Great workNot the RNS we expected but results out in next 2/3 weeks as well as AR news and W/O updates!

[glibgibon] 18/6/2018 23:39

Possibly something to do with the front page story on a Utah newspaper. No RNS from the company today, but possibly tomorrow. I understand that Petroteq are now 2 weeks into a 7 week commissioning process so there should be some news about the plant soon, then news on production beginning to follow.

Possibly some snippets on our other projects to update us on as well.

[scgoliath] 18/6/2018 22:36

British Bulls BUY but with MYNs history nobody would call anything definite. It rose quickly, seemed to catch some ppl off guard. A signal might be some large shorts closing in AM if the BULL argument has substance.

[113mike] 18/6/2018 16:48

a few sells at the end there spoilt it a bit..Hope it's not a false alarm and another seller has started?

[grannyboy] 18/6/2018 16:45

Electric supply contract?..

[spagnolia] 18/6/2018 16:42

Come on!!!

[grannyboy] 18/6/2018 16:23

Something's brewing!!!

[113mike] 18/6/2018 16:20

news about to to break? after hours or in the morning? Hope so. Lots to look fwd to! GLA!

[spawny100] 18/6/2018 16:19

Odds on 7am rns and looks likely to be a good one

[scgoliath] 18/6/2018 16:16

Safe to say BULL signal

[cudmore] 18/6/2018 16:04

1p next resistance then we’ll see a quick rise to 2p!!