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It was my understanding that the large shareholders were hoping for a buy-out by an oil major, once the potential of the technology was proven. If we can get 2 or 3 of these projects signed up and rolling, that may be enough for the 'due diligence' guys to give their approval for a bid. That's what I'm here for. Of course I won't say no to dividends when it's appropriate, but I've always anticipated a bidding war, followed by a decent buy-out. And the magical figure bandied around some years ago was 'north of £2'. Of course we've been diluted somewhat since those days, but also this 'tar sands' opportunity might not have been on the radar then, so who knows?
Fyoz, out of interest how much dilution has there been since the £2 figure was mentioned and what would that recalculate to now?
Torre
It would have been about 2015, around the time they'd signed contract with CEPSA to produce the fuel for the 4000 hours LONO trial. Shares in issue were about 800 million so we've had around 30% dilution since then (not bad for an AIM company over 5 years)
Probably @ 20% -30%dilution. Not monstrous.
well ive had another little top up today. This has to follow tom on the road to Utah riches soon and when Morrocco opens up they have that project ready to go immediately so all looks good. Its just a bit puzzling why it is so unpopular. I think it is the SETS issue.
I’m toying with buying some more. What price did you get and what’s the real spread these days?
paid 1.9p spread is 1.84 - 1.90
if the potential was £2 and now it has had 30% dilution that still gives £1.40. Those who beleive that would be piling in like crazy at this level.
IMO I can see 10p easy when the first deal comes off. That would be a result.
Surely we should be getting some sort of update soon enough..
Quadrise don’t really communicate with the shareholders very well if you ask me.
The first contract will also expedite all the others
Have you not been attending the recent CC updates smoggy?
Lowlife - no?
Yes please Smoggy - join the calls you will learn a lot
Current market cap is £20m, if they can save KSA $1b per yr then for the life of me I just cannot understand the current market cap. Say they get 20% of that saving, it just makes no sense at all.
Even just with the 10,000 bopd Utah project and say $2 a barrel to QFI the market cap is just far too low. Sometimes the market is so hard to fathom it is unreal.
every trade bar one is a buy today and yet again every one shows as a sell. How many people have been put off today by this continual nonsense?
Torre
The upside is mind boggling
Just 50 ships for Maersk would bring in around £13m, that's an EPS of around 1.2p, use a PE of say 20 (reasonable for a growth company) and you have an SP of about 24p
Maersk have 600 ships
We've had sp around 10p for ages with no earnings at all. PE of 50, minimum if there are still deals on the horizon after booking a positive eps.
Hi Indigo hope you are OK.
If we had a PE 50 Say what would out Selling Price be I have no idea. thanks,
Boyporche
true, unfathomable until the reality barrier of real profits is encountered !
Torreaguas a sp of 10p would just see me in profit. On the back of the proposed KSA deal the SP hit 16p 2 years ago
There is an informative post by Blackwash at 13-03 on the TOM site. I think it is worth a read.
This was the post you were relating to....
Why did you not just copy and paste it?
RE: Why I'm invested hereToday 13:03
600 Thieves,
Thanks for sharing the info on Tomco leases. Nice to see some proper information on this chatsite rather than the incessant noise and blather of the day trader crowd. There has been a lot of in depth discussion and analysis on the Quadrise Shareholders Forum on the Tomco announcements, in particular from our oil guru IanB. What the Tomco articles, releases and interviews seem to be missing or misinterpreting is the important fact that the POSP operation and technology by itself does not produce 500 or 10,000 BOPD of HFO available for use or sale, it produces a bitumen based product. You can't turn bitumen into HFO without trucking it away and refining it. That is sold at a pittance compared to the value of the final refined product. It is the quadrise MMU process that turns this bitumen into an emulsion fuel (adding a mixture of chemicals and water rather than the refinery process) that produces the saleable HFO equivalent product known as MSAR (emulsion fuel) which is a cleaner burning, carbon reducing, NOX reducing equivalent to HFO. This is where the real benefit of the process comes in, allowing Greenfileds to a/ use the MSAR to power the plant process and b/ eventually find end of line consumers to consume the 10k/BOPD day MSAR output, and to access the margins of the higher value of the finished product.
This is also where Valkor as the partner in Greenfields will come into their own with their distribution network. Quadrise also hae an MoU with Freepoint who are one of the a largest oil commodity traders in the US, so would not be surprised to see them also involved further down the line.
The as yet finalised discussions between QFI and Valkor to agree the commercials are the key to this deal working for all parties, but I think we are all hopeful that this is just a formality. I've bought into Tomcvop and PQE on the news announcements and happy to sit and also further accumultae both of these on the dips over the next 12 months. Won't be selling for 1/10th of a penny gains.
It was not cut and pasted because I am over 50 and it would have taken me the rest of the day to do it!
lol fair reply.
So I’ve emailed Quadrise again letting them know I’m not happy with their ignorance regards to my email at the beginning of the week.
I’ve also let them know that I’ll make my presence known across the bulletin boards on how ignorant they have been to a valued shareholder.
Let’s see if they bother to reply this time!
Still can’t get my head around how every trade barring half a dozen show as sells it’s an absolute joke.. no wonder the B ast ard price won’t rise!!!