What this all boils down to is, with maybe a little bit of help from BREXIT, the words "The project (KSA) timescales are now likely to be extended beyond the spring of 2017" have allowed the maeket to tweak the nerves of sheepholders probably not too much in the know of the company and its product. Panic ensued and more bottles went for no reason and the share has now lost near on 20% of its value. A lot are set to lose a lot of money and some will gain. No doubt.
Not only do we have a LONO underway, but we have two additional factors;
1) We have a refiner in the form of CEPSA with Middle East funding, willing to put pen to paper and some millions of dollars to produce MSAR2
2) We have the largest container shipping company in the world , signed up and pumping, via multiple high pressure fuel injectors MSAR2 into their multi million dollar engine 70 times per minute for the next 4000 hours , that's 16,800,000 million… Read More
BP, Take heart! IW was IR for QFI. The new guy has his hands full and I cannot blame him for deciding to back off the running commentary that couldn't actually say very much. I agree with all that the news flow has been tepid in content except for one big deal, WE HAVE A LONO UNDERWAY! Sorry to shout but it needs shouting. AGM not far off, which incidentally, ID will be attending before retirement. SP is dragging us all down but it is not based on any solid facts, quite the opposite.
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