Dear Doose Having held this share some considerable time I have seen the share rise and fall. We are just about to reach a pivotal moment in that CEPSA will have installed a MMU and start producing MSAR for the Maersk LONO stage. Many people will ask "if the idea is so good why isn't the share price £5 already. Well of course you could say that about any existing multi national multi GBp share, Why when the company started on the first day did the share price start at pennies. Of course it dose not work like that and our rise to 40p was probably premature. Now with steady progress on our two main projects ( Marine and KSA ) with additional parties signing up ( CEPSA) and with the company recruiting additional personnel associated with post MSAR take up the outlook is looking very positive indeed. Of course do your own research and base you actions on as many facts as possible. Try to ignore those that only **** of others and resort to name calling constantly. sign up to the QFI forum: http:/ for a good source of information, but again try and verify any "facts" by your own research. This LSE site is OK but seriously most of the time I log on to have a bit of a laugh at some of the dross a couple of idiots post rather like a reading children comics for a bit of light entertainment. I admit to stirring the pot on a few occasions myself . Regards
Start Date CEPSA although CEPSA said May the info from IR seems more happy with Mid 2016 so I guess this really equates to mid end June +/- With one contributor confirming IR as saying MMU now installed that would seem more than possible and really is a very positive step forward.
Both the LONO trial is expected to start and Saudi pilot contract expected to be signed by half 1 2016. You friend has said May as CEPSA have said this is the expected start date in a bunkerworld press article. LONO is expected to have completed by the beginning of 2017 and CEPSA have said that they hope to be selling the fuel on a commercial basis in q2 2017. Quadrise have also said in an email that both Maersk and them hope to have secured additional refiners during the LONO stage for the subsequent commercial roll out. CEPSA have also said that they expect interest to be high due to cost savings and the environmental benefits of using the fuel. The Saudi pilot is due to start Autumn this year and complete early 2017. No commitment is being made by Saudi at the pilot stage to use the fuel on a commercial basis but quadrise fully expect them to do so, as Saudi have indicated that residual emulsion is to be part of their fuel strategy and quadrise have indicated that it will ultimately save them millions. I highly recommend that you join the forum as there is a wealth of info on the site, whereas its just arguments and silly posts on here mate.
Maybe looking to invest here as a tip from a mate who said we're expecting good news in may..I see we were at 40+please at some point aswell but dropped like other oil shares when oil tanked. .any info on this would be appreciated as to what we're expecting.?
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