Firering Strategic Minerals: From explorer to producer. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Below from May 2022 update:-
· Discussions are underway with several candidate sites in Panama and Honduras for MSAR® and bioMSAR™ power plant trials later in 2022.
So we all get very excited looks like this is moving ahead with speed and then…..
January 2023 update
· Americas - Quadrise and its local agents are actively pursuing trial and commercial supply agreements with candidate power generation clients in Panama and Honduras and are in discussions with a large refinery in the Caribbean in addition to ongoing efforts to progress activities in Mexico during H1 2023.
So for the new shareholder this has happened numerous times get excited about an updated RNS confirming something is going to happen then we pass the deadline NO news then we hear the deadline has moved with no real explanation what has caused the delay
46G the Americas is the new JGC Japan. Trot it out at updates and AGM's.
That's me back from a week away from the world of QFI and happy to see uptick in SP, ignoring of course, the fake £1 "anchor" trade first thing this morning.
To avoid me needing to scroll back through pages of comments, can anyone enlighten me as to the reason for this rise? if there is one...
Totally agree Vince. The new Kuwait also. The Americas possible projecta will just fizzle out over time.
It is all very very frustrating but this is also why the share price is at 1.6p. Imagine if quadrise actually deliver on a contract or two the share price could go bonkers. If a contract was sorted for morrocco and then a couple of places in the americas and MSC were to take on the fuel what price would we be looking at then? I have no idea but would be pretty hefty no doubt.
AKHM,
Absolutely!!
Leading up to the Maersk trial, with no sales other than trial volumes, the price shot to 51.25p making the Market Cap £388.9m.
The Market cap today is just £21m.
£388.9m is 18.52x the current Market Cap.
At a MCap of £388.9m the share price today would be 27.64p. That's an increase of 1,736.55%.
So at 1.505p today, there is staggeringly more upside available here than downside, especially when we are on the cusp of commercial sales to Morocco, starting a trial with MSC, and have a new Carbon reducing fuel at exactly the right time for the shipping industry.
If Morocco and MSC go to commercial sales, a MCap much higher than £389.9m is obviously possible. It could be 2x that, then 3x that, then even 4x that as rollout to more and more vessels and power plants is seen. I suspect most here will have long sold out, but for those looking at QFI as a pension pot with several years before they retire, they could do worse that to keep some or even all of their QFI holding for the long LONG term.
In a few years, the dividend will me more that today's share price, think about that.
I will say though, that leading up to the Maersk trials, success had probably been largely priced in. So if MSC takes us up in an moderate way we can expect c. 30p share price. Obviously if MSC rolls us out in a major way or we get other deals, we can expect multiples of that.
I agree with the last few posts I get the correlation with sp and dividends but I don’t see us ever paying a divvi
I think we will be bought out before MSC rolls us out to its fleet but after we have realised commercialisation on a few of its ships plus Morocco et al.
30p sp and 25x earnings on any deal will probs price the t/o at 155p or thereabouts
Cue celebration, retirement and that bottle of DP opened at long last!
SR,
At the time of Maersk trial we were told that MSAR could save $1m per vessel per year. Also we were told that QFI, Refinery and Client would split the savings. So if we said QFI got a third, that's $333k/£277.5k per vessel. For a MCap of £388.9m that is 1,404, and if you said a P/E of 15 you be looking at 93 vessels. So not really pricing in Maersk with around 600 container ships at the time.
"QFI estimates that MSAR will save container vessel owners $1m/vessel/year in fuel costs"
https://www.edisoninvestmentresearch.com/?ACT=18&ID=6263&LANG=
"As of 2023, MSC operates 721 container vessels"
https://en.wikipedia.org/wiki/Mediterranean_Shipping_Company
WS,
With the really low overheads of QFI and it's licencing model, dividends could come quite quickly once the money starts flowing in, as QFI won't have much else to spend the excess above operating costs on. And I think the BoD want to pay dividends as quickly as possible, to reward the long term shareholders that have kept on backing them. Plus of course, they hold shares too, so a nice bonus for finally achieving the success.
Haggis
you say - "...especially when we are on the cusp of commercial sales to Morocco, "
- on the cusp! not even been told trials have been started and even if done could be months before proved successful and then to secure fuel and a commercial agreement - who are you the personified Mr QFI imminent?!