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"Just one signature" : quite so, however I was impressed by the recent presentation which showed they realise the need to land that first deal and get some solid production done. You could have been forgiven for fearing that the company would lurch from one cash runway to another with exercise times of warrants being timed with glowing forecasts and upbeat projections.
Yes January 2022, my mistake
Again what if?
Just one signature will make amends for years of waiting
Let's get it done and move on
Yes - a few years back predicated off Maersk trial and KSA ‘potential ‘ trial we had a market cap circa £ 400M . Appreciate that was a lot of emotion behind that and once you don’t deliver then that type of momentum is harder to get back second time round but our pipeline of opportunities is clearly more diversified , hopefully more qualified so 2 X Marine LONO’s , Utah success end of 4Q , Morocco move to commercial trials and possibly Ecuador trials 4Q and KSA 1Q21 - what price the shares then ?
Agree loads of upside.
With each penny on the SP worth about £11m on the market cap, if the company gets a couple of these contracts to commercial then finally QFI will have some real value
If the SP is anticipatory then two Marine LONO’s based off the anticipation of 1M tonnes fuel p.a on DCF could be worth 20p each . So lots of upside . But as ever with QFI , delivery is the key and delays are the norm
Elir71, I guess you mean 2022 for full 10k production at Greenfield?
I'd look at it like this. One lands then suddenly time is not our enemy. Company in breakeven. So then you are looking at the NPV value of the future projects * probability of them happening (0% to 100%). So the shareprice would change on the addition of new credible projects and the probability of their success.
I'm looking at a situation where greenfields goes into 10000 bopd production say in 14 months time
but with no other new projects I reckoned on a NPV of £ 45 M
reflecting a conservative SP of 5p
Bearing in mind that SP is anticipatory, then if a deal is done on greenfield post trials (so mid Nov) then SP 5p by then
If all goes to plan , new projects are attracted etc then 15p by the time greenfield goes into production January 2021
Should any of the following happen (ICMG, Greenfields, Mexico, one or both of the marine ) on time before end of year, what do you think will happen to the share price. Little or nothing a penny or two increase or double?
Not sure if allowed,
but heres a small extract from article,
IMO’s Fourth Study into Greenhouse Gases published in August, showed the scale of the challenge for shipping’s contribution to greenhouse gas emissions (GHG).
At a time when urgent action on climate change is needed, emissions from shipping have increased.
Carbon dioxide, methane, and nitrous oxide emissions – including international and domestic shipping and fishing – are up by 9.6% from 977 million tonnes in 2012 to 1.076 billion tonnes in 2018.
Particularly striking were increases in short-lived climate super-pollutants. Black carbon has risen by 12%, and there is a 150% increase in methane emissions, likely due to a surge in the number of ships fuelled by LNG (liquefied natural gas) and methane slip – small amounts of unburnt methane that have escaped the combustion process.
END:
We already know that MSAR can reduce black soot and Nox substantially
Hi Dustofnations.
Reading through the link based upon a lead time of 15-17 months would I be correct in assuming that no revenue to QFI from the 5K bopd would be forthcoming before Q3 of 2022.
p.s. noticed from an article I received in a marine publication (sorry no link) that LNG causing enviromental issues due to methane emissions
15 weeks to EOY what should happen by then in summary.
ICMG- Monocco Plant Trail Oct 2020 - Concurrent Larger trail plans to be submitted Sept 2020.
Greenfield- Phase 1 proof of concept Q4 2020.
Mexico- Redliner Multi refinery study will start in Q4 2020.
Marine Fuel- 2 shipping groups LONO both scheduled to sign Q4 2020 start trials Q1 2021.
KSA/Ecuador/Nouryou- No timeline however all active.
Looks like the next few months are going to be a game changer for QFI. I await many RNS announcements
Not long now few contracts to land in succession??
https://www.accesswire.com/606273/Petroteq-Energy-Announces-Pre-FEED-Study-Confirms-Lower-Costs-Increased-Capabilities-for-Companys-Environmentally-Benign-Proprietary-Technology
Some news regarding Petroteq's 5k plant idea. Yet more good news for QFI. Confirms this is a separate thing, and the design will be "cloned" somewhat from the 10k design.
It doesn't say it, but I think we know from the TomCo RNS that this design requires Quadrise MSAR to make it work with those economics. So, presumably we'll hear more about licensing as they progress this 5k plant. That might explain why they decided to license Greenfield directly rather than give Valkor general right to license.
Jolly good...