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It does feel as if MSC and Cargill are probably squabbling over minor detail and that quadrise are sat in the corner twidling their thumbs waiting for them to reach an agreement! That or MSC are trying to squeeze a rubbish deal for quadrise thinking we need them more than they need us.
So where is the update then, this is prepping the ground for the late start(if at all) again..
> this is your job get it sorted today
It seems that someone's never worked in the corporate world!
“Continued efforts in respect of our project mean that we do not expect any material delay to the overall MSC vessel trial programme at this time.”
I like the “at this time”… not ruling anything out…..
Nice to be given an update, at least.
Annoyingly, it’s never the little guy in any deal who gets to call the shots. We will just have to sit and wait until the big boys are ready.
If their is a deal to be done and everyone is onside sit around a table and get it sorted. Otherwise a stalemate will just go on and on.
Jason this is your job get it sorted today. Its what you are paid for sort it and move on
Right HF14.. negotiations still ongoing..
My feeling is that they had to issue something because investor relations were getting flooded with questions….
My conclusion from the RNS is that it is not just legal teams causing the delay and that negotiations are still ongoing.
So what does this really mean?
Quadrise Plc (AIM: QED), the supplier of innovative energy solutions for a cleaner planet, provides an update on its project with MSC Shipmanagement Limited of Cyprus ("MSC").
The Company previously announced on 18 March 2024 that entry of a binding agreement between Quadrise, MSC and Cargill in respect of the production of MSAR® and bioMSAR™ fuels for the Company's forthcoming vessel trials on board the MSC Leandra (the "Project Agreement") was expected by the end of Q1 2024. Quadrise continues to work with its project partners to seek to finalise the Project Agreement and will provide a further update upon the project and entry of the Project Agreement in due course.
Commenting on the update, Jason Miles, Chief Executive Officer of Quadrise, said:
"Continued efforts in respect of our project mean that we do not expect any material delay to the overall MSC vessel trial programme at this time. We remain in regular contact with our project stakeholders and Quadrise is focused on the delivery of the Project Agreement as soon as possible."
Zero chance illuminate owns shares in Quadrise.
We all want the same thing . To know when the glorious profitable Quadrise era was ? Also what colour is the sky on your planet ?
I think illuminate is AI.
'Anyway we all want the same thing to return QED back to the days of before where the company generated healthy profits and shareholder returns! We will get there!'
Illuminate when did Quadrise generate healthy profits ?
"there are serious problems with QED and JM's communication skills"
Although they've certainly improved. Though from a very poor start.
@OneAussie Apologies that was not fair.. you are probably a long term shareholder and I can totally understand if your average price is not in profit it can be frustrating. I am a newer shareholder and am overall up on my QED stock so I shouldn't judge!
Anyway we all want the same thing to return QED back to the days of before where the company generated healthy profits and shareholder returns! We will get there!
@OneAussie You sound like a shorter to me..
About 5 months since we were informed that the marine deal should be signed. Surely can't be much longer now. Maybe this is the week?!!!
I think he’s stopped cheque/brian/haggis/ whoever else.
I think he’s taking the P155 tbh
Illuminate33,
You certainly are very naive... stick around for 12-13 years (like many of us) and you will see things differently.
You need to momentarily remove your rose-tinted glasses and realize there are serious problems with QED and JM's communication skills.
Aussie.
Illuminate ....you plainly haven't been invested here very long .....
Yes 46G. All going well with the trials if they first target 75 ships it will be wonderful.
Hotfinance 14
Ubelievable numbers
Sad day when you can’t post anything original “illuminate”, copy and paste old posts…..