focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Its amazing the share price is up 40% since 1st November just 5 weeks
We all deserve a flow of great news. After years of hanging around finally seems we have turned the corner. This will also help with onboarding a strategic partner
Wonderful news everything is finally taking shape...Fingers crossed moving forward
Quadrise Plc (AIM:QED), the supplier of innovative energy solutions for a cleaner planet, is pleased to confirm the finalisation of results from bioMSAR™ fuel testing completed in November 2023 (the "bioMSAR™ Tests"), further to the Company's announcement of 27 November 2023.
The ultimate objective of the Company's bioMSAR™ programme is to supply the marine and industrial fuel sectors with sustainable biofuels that are lower in cost, more efficient, safer yet simple to use, and which generate the fewest harmful emissions.
The bioMSAR™ Tests were conducted using the Company's 40kW Cummins diesel engine installed at Aquafuel Research Limited ("Aquafuel").
Key highlights of bioMSAR™ Tests
· bioMSAR™ blends containing Vertoro's Crude Sugar Oil ("CSO™") reduced carbon dioxide ("CO2") emissions by over 30% when considering increased engine efficiency of up to 7%, and significantly reduced emissions of Nitrogen Oxides ('NOx') and Carbon Monoxide ("CO") when compared with diesel.
· New bioMSAR™ formulations incorporating biofuels containing waste-based methyl esters were shown to reduce CO2 emissions by over 45%, increase engine efficiency by up to 7%, and reduce NOx and CO emissions significantly when compared with diesel, providing a new potential pathway to bioMSAR™ Zero.
bioMSAR™ with Crude Sugar Oils and other biomass-derived sugars
Quadrise and biorefinery specialists, Vertoro BV ("Vertoro"), have been collaborating to develop a cost-effective supplement or alternative to glycerine in bioMSAR™ fuel under the Joint Development Agreement ("JDA") announced by Quadrise on 21 September 2022.
The bioMSAR™ Tests concluded in November were completed on blends of bioMSAR™ containing up to 40% of Vertoro's CSO™ as a replacement for renewable glycerine. When compared with conventional diesel fuel, the CSO™ bioMSAR™ demonstrated:
· Reductions of up to 25% in carbon dioxide ("CO2") emissions before engine efficiency savings are considered.
· Additional engine efficiency improvements of 6-7% resulting in reduced fuel use, taking total CO2 reductions to over 30%, in line with previous bioMSAR™ testing results.
· Reductions in NOx of around 30%, comparable with 20-45% seen during previous testing with bioMSAR™ on the same engine. Furthermore, a reduction in CO emissions of over 50% was measured, with negligible visible smoke.
Based on these results, testing of the 40% CSO™ bioMSAR™ and 40% glycerine-based bioMSAR™ on a larger medium-speed Wartsila engine at VTT is scheduled in H1 2024. This additional testing will be performed in parallel with testing of CSO™ in bioMSAR™ at levels above 40% at the Quadrise Research Facility ("QRF") and at Aquafuel.
In addition to the CSO™ development programme described above, work is progressing under the JDA with BTG Bioliquids BV ("BTL") on pyrolysis sugars derived from biomass, and with other prospective partners who can
Vince I cant see what on 16.53....Went back to look he/she is already filtered :)
Google show the trade today as 270k share over £100k?
Good news 6-10p
No news by EOY sadly drifting back to 1p
Wonga
You are making a lot of sense today
ShareFlyer
Hope you are correct
This would be a lovely Christmas present....Having new Tier 1 client
Wonga
Also I really dont want all the PI to be marginalized to much. But in reality we will be the last in the pecking order. So whatever happens in the next 8 weeks will one way or another be very exciting or frustrating for all
Wonga
100% agree. However they will have a little breathing space if they get the $1m in very soon
What will happen toooo the SP when we actually get some real news?
PR
Fingers cross your prediction is 100% correct
Currently underway an Investment Bank is helping the board secure a strategic partner to accelerates growth. At the meeting I think it was implied the BOD are trying to get a partner onboard before Mid-Q1 to help with the cash possition and give confidance to all about the future. Just wonder how private investors will fair with this process?
Junes update
Focus of H2
Junes update
• Business development continuation in North America and
Europe, with progress expected in H2 2022?
Market and Growth Opportunities Customer Estimated Annual Opportunity ($m)
Qarbon Circa $25m
Safran (Additional) Circa $25m
GKN (Additional) Circa $25m
RTX $50m +
Boeing (all US Sites) $50m +
Gulfstream Circa $20m
Spirit $100m +
This was from the October update still all quiet on western front
"The Board is pleased to announce that it is in advanced discussions with a large, global Tier 1 composites manufacturer with multiple sites in the US on another agreement. Further announcements will be made, as appropriate."
The above is from a RNS in JUly were is the news?
Have been reading bach through a number of emails I sent to both Jason and Andy over the last 18 month below is a little passage from the March email many had a simular message:-
"Just maybe it may be worth exploring bring in a significant partner to help you get these project over the line. They would give you financial certainty, commercial and negotiation clout and no doubt many more commercial opportunities. Initially as a minority strategic partner. I know this is not a simple exercise but has it ever been looked into?"
If the Investment Bank assist in helping QED BOD land an strategic partner our future should be secure
From my post yesterday morning Dec has the following possible updates:-
Valkor
Dec 2023 Waiting for multiple permits for drilling expected imminently
Dec 2023 Sand Oil partner in progress final stage of finance
Morocco
Now -April 2024 Commercial supply agreed
MSC
Dec 2023 Forward looking sign agreement with MSC, Major Trader & Terminals
Dec 2024 Scoping of refineries refueling – Base for Marine supply from Singapore.
Bio MSAR Product Development
JDA with BTG & BV more to follow.
NOW underway with an Investment Bank to secure a strategic partner – Accelerates growth ( I got the impression an announcement could be just around the corner)
Aqua fuel more published material to come.
Finally it could be good and 2024 could be fantastic