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And FYI Laurie Mutch was the Finance
Director in Shell International Gas, and a senior adviser
to the International Energy Agency.
The Initial theme to this thread reflected on the likelihood of Shell being in cahoots with QFI due to the presence of Philip Snaith and Laurie Mutch sitting in the QFI boardroom for token recompense (£48K each), even though the pair head the renumeration committee.
Mr Snaith himself has spent more than 35 years
with the Royal Dutch Shell Group
in senior executive positions,
latterly as General Manager of Shell
International Trading & Shipping
Company Limited in London. Between 2004 and 2008.
There will be no "multi-bidders" in any room clamouring ovér each other for a piece of QFI.
QFI will spend the next year or so carrying on at pretty much the same pace as it has done for the past decade; next requiring funding ( sorry, refunding) which will probably be the beginning of the end for this stock.
The people who will, at that time, value QFI the most shall be those who have had most exposure to the products, IP and sea trials data.
IMO, one of the most pertinent news items, failing that any contract/s should materialize in the meantime, will be the renewal of QFIs JV agreement with Nouryon in October next year: if I were invested here again around the end of next September, and there had been no RNS confirming its reinstatement, I shall most likely find myself bailing out vigorously. And for ever.
I don't know how many people saw IE's confession a week or two ago about how he had worked for a hedge fund where he was in a team paid to trash companies' shares but had lost his job. The posts did get taken down quite quickly but have been recorded elsewhere. I think we all need to wish IE congratulations on getting his job back, while remembering to completely disregard all his twisted nonsense.
Shell's gonna have a field day.
No difference between exploration miners or oilers. Mug punters pay for a decade of repeated fund raising using forward sold placements, whip rounds, carrot and stick news churn and endless, endless ramping on every single bb around.
If it does turn out there's gold in them hills and it's profitable to extract it, mug punters continue to throw in there hard earned until, at a preordained moment, the business surprisingly goes pop and a room full of corporate lawyers get together and sort it all out; invariably to the benefit of the parties paying them to do the sorting.
Welcome to AIM!!
Or Filter it.
Maersk took over 5 years to complete 1300 hrs of trials with, what was then patented as Msar2; notwithstanding Msar2 had already been developed before that arrangement was defined.
Which begs the question regarding patents for the current version of Msar ( is it Msar3?) and, presumably pending, in regard to BioMsar under whatever forms it becomes developed with respect to the glycerine component/s
Instant expert has been put here to pretend he knows **** all then starts to know too much to wind people up so they sell his masters gain take no notice of the piece of ****
Is 4000 hours testing for a LONO set in stone? When important companies and customers are involved in talks some leeway could be envisaged......?
4000hour trial in 15months… instant e. Where do you take this informations?
If ships are on the sea just 1/3 of time, all shipping companies would close their business.
Instant whatever. Your sly insinuations that it's all bad news for shareholders that Shell may be involved are noted. Shell won't be the only major looking at quadrise technology once a successful trial is concluded with MSC. Yes a takeover is on the cards, which is not a new expectation, but it won't be for a few pennies and it will very likely be multi bidders in the race.
So, 15 months of sea trials with MSC, whilst Shell
keep a watching brief from the engine rooms right up to the boardroom of QFI.
Nouryon Agreement :
"Quadrise Fuels International plc (AIM: QFI) is pleased to announce it has entered into an Exclusive Global Collaboration and Emulsifiers Sales Agreement ("Agreement") with Nouryon for the exclusive global collaboration and supply of goods and services for future MSAR® projects. The Agreement will run for three years to October 2022."
I'm with you guys, I probably should sell a few and take a bit of profit here and there but never do. Been here years and was buying at fair few 10-12p days with my intention to hold long (still planning to do so) and above so I used the last few years to average right down. Now I don't mind the odd bit of bashing here and there by some folk as I just keep adding more. I'm defo not as well off as most on here but have accumulated a half decent holding now
im with you on this one indigo allways said ill getnas many shares then cash in at a £ all this rumours etc i think are jst games to get us to sell weak people will fall for it
@wonga, you can also use 'sell' spread bets to cover losses, and put a stop loss on it to cover the situation that the sp rises sharply.
Tbh I'm under water but I'd never sell at 10p or 20p or any particular share price at all. I'm here for commercialisation and when that's established I'll sell.
Know what you mean AKHM. Quadrise has never really been a share to just buy and hold, I have traded a fair bit myself over the last few years but more of a hedge than a profit taking exercise and any profits made have been re-invested to build my holding. Apart from my latest sale, the proceeds of which I used to take a position in Tomco and Petroteq.
If you've built up 1 million shares and see the price falling, selling 250,000 can be a good strategy. If the price goes up further you can console yourself that you still have 750,000 at a rising price, along with cash in reserve. if it drops further you can rebuy with the cash increasing your holding to over 1 million. Judging when to buy and sell is not easy and I must admit I have had a fair bit of luck/success in doing so.
This year has been different however, during the positive upward movement, I held and added but didn't sell on the way back down, assuming things were moving on well behind the scenes and the next positive news story would see a bigger jump up. Well it's certainly not paid off this time and I'm left holding too many shares which are tanking in price. That's why I said I would happily sell say 25% or maybe more at 10p. If it went higher, great, if the opposite, great move.
It's all a bit of a gamble.....
“ I wish I had sold half my shares at 6p and then bought them back again now.”
Wonga I like that you said a sizeable portion at 10p! I definitely don't disagree, my problem is everytime there is a decent rise, even if for no reason, I can never find the balls to sell and I am still seduced by the fact that if MSC did come off we could be looking at many multiples of that, and for that reason I never sell! I wish I had sold half my shares at 6p and then bought them back again now. Then again if it were that easy we would all be minted. I just get frustrated with the drops and then seem to buy more ?? ??!
"Nouryon might have something to say about your buyout scenario! Just saying!"
QFI have an agreement with Nouryon, if Shell bought QFI the agreement would still be in place, just with QFI as a subsidiary of Shell. Just while on Nouryon, I thought I read the agreement is until mid 2022?? I expect it would be extended or a new agreement put in place but there are no guarantees!!!
At the moment Wonga sadly we don’t really know if zero progress has been made it could even be 99% for all we know. For me it is the issue with communications and maybe unrealistic timelines. We just don’t know how far down the line we are for anything. We could be so close or basically a long way away! You buy or sell you take your chance! My own personal opinion is a buyout only when MSAR is working in proven models like Morocco etc. We are only the small fry operating in a big sea, when it comes to releasing anything hopefully with MSC or Shell etc IMO it will be on there terms and publicity machines not ours. Maybe why we are very quiet, sadly we just don’t know. If we are not much further down the line by end of Q3 then I might start to worry but for now just waiting like everyone else for that elusive update. Hope it’s a big and good one!
Nouryon might have something to say about your buyout scenario! Just saying!
Tuckman, cash may not be an issue for you but it has been many times for Quadrise as the worn thin begging bowl will testify.
Go back to the RNS on 2nd FEBRUARY!!!! and read the rhetoric there....
Beggars belief that we are now nearing the end of July and basically zero progress since. There seems to be scant sign of urgency or forward planning from the BoD but there again, what's the rush when you're receiving a huge salary anyway???
I really think a buy out is our best hope now as our leaders seem to be either lethargic, or unable to make the forward strides required. Personally I hope Shell are working away in the background with a view to hoovering up all the parties involved, Petroteq, Valkor, Tomco and QFI, giving them all the components required to produce a low sulphur fuel oil with minimal carbon emissions. Just a pipe (line) dream.....
... and hasnt the VLSF gone well ?
Wonga I am relying on Morocco to get the ball rolling for us firstly. Its not mega bucks but it is the start and a blueprint for industry, income and I believe others will follow. Utah for me is on the back burner as they dont really seem to be able to organise a p..s up in a brewery over there so I have given up on them for the time being. Mexico could be a rabbit out the hat, H2 any announcement could happen. MSC moving to the next stage is crucial for many reasons.
Income can be received during testing , maybe they could string out current cash if able but if maybe a further 3 months delay on our current schedule might makes things difficult but cash is the least of my worries.
bioMSAR results hopefully next month and lets hope of the back of them the go button is pressed for everything else!
Cash certainly is not an issue for me
"I can wait a couple of years for substantial gains"
The cash will run out before then!!!