adoubleuk, I'm long. Dont be too envious i started with a very small holding which Ive added too mostly before Sept last year, so I have no complaints. I am in the process of selling my house at the moment so am very happy to see downwards proce movement as a good slice of that equity will be moved to QFI stock. So needless to say I still concider this a bargin price.Alas I dont have a dog to mortgage... Thanks for the pointer, Im a member of the 'real', joining when B1000 set it up, but as I say have been out of the loop for a bit. I shall have a scout for update you mentioned. Totally agree, the plan is to hold for 3+ more years, as mine is then the day to day is irrelivent save prioviding top up opportunity. Just sit back and either forget about it or watch quietly from the side lines. I look forward to meeting the 'resolute' at regular events in future as we drift up though each £1... Jim Ps Feel free to PM me any other "once-in-a-lifetime things".
RE: Great to see...
jim, I really envy you having got in three years ago! I didn't have that luck, and only heard the word late last year, but I reckon it's still a bargain stock right now for topping-up. One of the once-in-a-lifetime things, like IBM, or... no, I don't think I'll mention the other, 'cos it's still growing. My advice: get onto the 'real' site, and download Bogg1e's update. She Who Must Be Obeyed read through it last night, and has finally understood why I want to mortgage the dog. Ignore the whittering of the daytraders on here, who are just wage-slaves, worrying about one or two pence difference. See you at the one-quid party! (And the subequent two quid event.) If you're a long
Why would Exxon not be interested in QFI? Your argument doesn't make any sense to me?
Great to see...
…that I’m not the only one quietly holding onto my QFI stock. Been out of the UK or a while so not been keeping my finger on the pulse, I’m not a regular poster at the best of times. Looking back that the past year it’s been a remarkable 12 months, sea trials and POC and with LONO and commercialisation underway. Fantastic. Is Exxon the GOM in the wings? Well, I look at it like this; HDME50 is certainly an income stream for Exxon and as Cyberhub rightly point out shippers are highly likely to load HDME50 for costal ECA areas and HFO for the rest. Therefore, as currently HFO is a distinct income stream. When MSAR2 replaces HFO that to will be distinct from HDME50. I forget how many $Bn’s the global HFO market is worth, but it’s pretty big. Compared to the MGO? Well this is what Lloyds predict for the next 15 years…see pages 31-39 – theres lots of graphics to explain the fuel usage splits and the but the big one is how much ‘pink’ there is on them. ‘Pink’ represents HFO and it is not less than 50% of the market in any scenario anytime in the next 15 years… Take a look: https://www.bartlett.ucl.ac.uk/energy/news/documents/Global_Marine_Fuel_Trends_2030_single_page_v2_tcm155-249392.pdf And lets not forget that this is only shipping and not including the other land based operations. It would be incredibly surprising if when any GOM (inc. Exxon) does its SWOT and PESTLE analysis, as all firms with their salt do do, that they did not identify QFI and MSAR2 as a Threat to their future business (where they produce HFO) and perhaps a Weakness if they don’t have an alternative to counter MSAR2. In which case the GOM would want to de-risk theirself. How do they do that? Develop an alternative? Takeover? Partnering? Etc… Each has its virtues and risks but each must be considered. I therefore would counter the assertion that Exxon are no longer in the running as ‘the’ GOM. I would counter bus suggesting that they most certainly are in the running as they, as others are analysing the cost-benefit) of each option and will act accordingly. I remain, as I have for the past 3 years, resolute and topping up when I can afford it. Its great to see some familiar name here and I look forward to putting faces to names at the £1 party  As always its your money and your future so be a shepherd not a sheep. DYOR Jim
hearware, Sorry, but I think you need to do a bit of reading as well! Preferably Bogg1e's very comprehensive overview document downloadable from the shareholders' site, and not some of the nonsense posted on BBs like this. (I contribute some nonsense here, so take it from one who knows what he's talking about.) There is no reason whatsoever to suspect that anyone is 'waiting in the wings' looking to buy out QFI right now. That sort of business model worked fine in the late eighties, but doesn't now. Also I'd disagree that Exxon's new product rules them out as the potential GoM: having the two (ie MSAR2 as well) would probably be very nice for them.
I think you need to reread the posts no one saying its a competitor for MSAR2 and i'll spell it out again IMO it rules out Exxonmobil as the GOM for me thats sitting in the wings waiting to buy out QFI as Exxon are going to push this to the hilt as a more cost effective product and maybe cheaper product then MGO and looking at it the short time it will probably be very proftable for them as looking at the reports theres going to be a shortfall of MGO next year when the new rules come in next year in the ECA areas.
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