The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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In relation to the recent RNS regarding Vertoro and the yacht trial some posters were speculating the yacht was already built and be ready for testing in the next few months. I can confirm the yacht is to be built from scratch as a prototype, albeit it’s likely to adopt many of the design features of their existing fleet.
Conclusion - A long time before any testing on the Yacht.
Hopefully not the 3 years and counting though like MSC! And they didn't even need to build the boat!!
HF
Given you have stated you have confirmed information, can you tell us how you managed to gain confirmation of this information? Did you recieve an email directly from QED or Vertoro confirming this information?
Crownos...I contacted QED and they confirmed this about the yacht for the trial.
So essentially another 3 year plus project along with all the others. JM always says on these interviews the team is busy, busy, busy...yeah we all know busy doing what. Dreaming up the nxt BS vanity project.to suck in the mugs.
HF14yo with the inside track . . . . 🎭
I think it's time Jason Miles (off) did some explaining. We are still waiting on his "December" agreement and his BS "Lawyers" fob-off does not cut it for me.
Personally, I think we've shot ourselves in the foot. I think MSC are no longer interested in MSAR's limited environmental benefits and are holding off this trial until BioMSAR and BioMSAR Zero are both available for trial on board.
Hopefully Valkor can get some much needed cash into QED and the mysterious Moroccan client, (who wants to remain secret about improving their environmental credentials - Ha!) can eventually, after countless years, come up with a commercial supply contract??
Looks like nothing happening H1 and I now doubt very much any MSC trial will commence this year!
BioMSAR is ready to trial. Should this receive a LONO surely BioMSARzero wouldn't then need a further LONO. That would be ridiculous. Can't see that being a hold up. According to last RNS QED are still on time for starting the trial by end of Q2 aren't they?
Don't forget WongaFC it was Lawyers, then Funding issues and Religious holidays, so quite surprised Gaza, or the Red Sea or possible mobilisation for WW3 hasn't been used yet.
Either way it's all BS.
To note: it takes about a year to build a motor yacht of this sort, but can be shorter if they're using an already-laid hull.
The yacht is a test bed ffs, not a commercial project. It is irrelevant in terms of QED going commercial in the next 2 years and entirely relevant to prove up biomsar zero before 2030.
I think HF13 should take a leaf out his own book and show some “prospective”.
Whiskyman..I have just posted the facts regarding the building of the yacht. You seriously need some counselling.
I already knew the facts as per QED rns, it is entirely clear what they’re saying. Like the idiot you are, you listened to Brian/Haggis/Saville Row and his unwarranted certainty that a yacht was available from stock, a “no-brainer” I believe were his words.
You took the bait and wasted not only your own time but QED IR, congrats.
All i did was correct those posters withe the correct facts, You are a troll that desperately needs counselling.
Now now Hottie, sounding like Stopped Cheque now, show some originality. It’s hard for you, I know.
Whiskyman filtered. Total waste of space.
Bye Hottie, missing you already.
“Don't forget WongaFC it was Lawyers, then Funding issues and Religious holidays, so quite surprised Gaza, or the Red Sea or possible mobilisation for WW3 hasn't been used yet.
Either way it's all BS.“
@vince72 - if you think it’s all BS why are you still invested in QED?. And before you say everyone is entitled to post their opinion it’s not even constructive criticism, just permanent moaning. Very boring
Dear Whisky,
You've annoyed our Hottie, and now you must pay the ultimate price with your loss of Hottie Privileges.
Here's what you've lost and how you can redeemify yourself from this deverstating situation:
https://pasteboard.co/AU6epalVSp7i.jpg
Sloppi
Where did you get that image of the Ford BIoMSAR zero test vessel thats waiting off-the-shelf?