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I was under the assumption that as soon as the dry docking was complete the trials would start once the ship got to it's starting point of the route eg Rotterdam.As you say hopefully the results clarify this.
I'm with you 100% that the trial should start in May, perhaps ongoing availability of the vessel can be brought up at the upcoming IMC for clarification, hoping the results aren't too vague and give clarity on where we are.
This is the MSC Leandra which should be ready to start the trial in May.
From the framework agreement
The proof-of-concept tests for each of bioMSAR™ and MSAR® will be conducted on a vessel now owned by MSC that was previously used for prior successful MSAR® demonstrations on a 69MW 2-stroke engine and commence by no later than 31 December 2022, subject to the ongoing availability of the vessel
'Vessel availability would be the only foreseeable hindrance but with capacity slowing this should be easily overcome.'
What vessel availability are you referring to ?
Vessel availability would be the only foreseeable hindrance but with capacity slowing this should be easily overcome.
There was a mention when we first signed with MSC that 2 engineers that previously worked with Maersk on the POC and LONO trials would join the trial Vessel/s, not had any mention further on this since so may get something in the update.
Early May v earliest possible it would seem.
Realistically if MSC are serious as jackg124 says. Then May/June start. There are a few loops that might take in Rotterdam and last update did suggest that the route was not yet decided
Good luck all serious holders here
Fingers crossed we are at the start of the end of our journey!
It takes about 3 to 4 weeks to travel from China to Rotterdam so could start the trial late May early June.
Leandra should leave dry dock at the end of April or there abouts, if MSC are serious about our fuel then fuel supply should be announced to coincide with her departure from dry dock which will put her on her new routing, all anticipation will put her on a NW Europe route taking in Rotterdam
I had Q4 based on the state of play at the time. Which was the meandering journeys around South Africa etc.
If Leandra is due in dry Dock, its more likely to be back end of June, early July.
Willsweag...When would you expect the actual trial to start ? I think Vince had Q4 which seems miles off. I have Q2..
I’m guessing she won’t stay long. That place is ‘busy’!
Currently being bunkered from Hai Soon 16 tanker
For her journey north. . .
MSC Leandra is now docked at Singapore. She is scheduled to depart to China on Monday. This could be sunday as she has arrived one day earlier than what was on the original schedule.
No bother eh, it’s only been three and a half years to get to this point, what could ploddingly go wrong!
No need to even think about a raise yet. Morocco trials and then supply agreement, should all be done and dusted fairly soon, and then, at a much higher price, QFI might decide to grab some cash from the market off the back of it and whilst MSC is at an advanced stage.
Roll on the results and update next week, then we'll see how long a cash runway remains, but should be past year end minimum I'd say.
Agreed. We were so long in the 6p to 9p range with so much less on the books.
I would participate in a raise at these levels.
Worth it on msc alone.
Yes it's not moved as quickly as we would have liked.
But haven't had any bad news and it's the world's largest shipping company we're dealing with.
Not so convinced on the other projects so any development is all upside for me.
The only people who are going to sell are the day traders. The rest of LTH's are of course are going to wait. The question is are we going to invest more in a fund raise dependent on what Monday brings or do we just stick with what we have.
That is a far more important question.
If you have a twitchy bum, I'd sell now and head to the chemist for a good cream to sort it out. Only an hour and ten minutes until the shops close!
If you sell now that's it, done. If you wait till next week you have the fun of fantasising all weekend on what might happen!
Nah I have been invested here long enough to assume any update will be mediocre but willing to give them the rest of the year to see. It's interesting if nothing else.
Twitchy bum time. 50 minutes to decide to 'hold for gold' for a positive update on Monday or break even/loss if its mediocre at best......hmmmmmmm........
OHS
Many of us didn’t need a chart to notice the SP was near to an all time low and we were getting very close to the interim updates and news on Morocco.
Get over yourself Haggis, you’re a mere mortal like the rest of us.
Ah, there's my post from 17 March
RE: MSC
17 Mar 2023 21:08
SR,
Actually, looking at the short term chart, it has. See chart link below.
The blue line is upward pressure, the red line is downward pressure, creating a triangle. It is always important which way the price exits the triangle. Upwards is bullish, downwards is bearish. This week the price exited the triangle upwards, which is due to upward pressure pushing it there.
https://ibb.co/r2691p5
Britishbulls also gave a buy signal yesterday. The triangle breakout further emphasises their signal from yesterday.
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=QFI.L
“And I said he didn't have a clue about charting”
Well, thank God for Haggis! Not like anyone else could see he was a clown!
Yes, up to 1.695p, so getting closer to 1p by the hour LOL! And I said he didn't have a clue about charting LOL!