Member Info for 46Gillingham

Asimpleinvestor...Ditto A very Happy Birthday to you from the not so sunny Bermuda.

Lets hope the growth continues

My first submitted question

2 years ago at the interims update the following was published re MSC,

"trial preparations are expected to commence in Q2 2022, with the trials themselves commencing before the end of calendar year 2022"

What level confidence do you have that MSC trail will now happen on your revised timetable remembering we have had numerous new timeline over the last 2 years from you and all have been missed?

I was hoping for new in Q4 2023......Nearly at the end of Q1 2024 any thought as to what is going on?

So did not get the big news on my Birthday today which would have been amazing. Maybe tomorrow

Hotfinance I posted on 15th March

"For fun I will suggest big news on 25th or 26th March"

I'm really pleased from what I'm reading even if shareholder are selling a few to take up the offer. This should guarantee the £1m. This is great as if QED raise the additional £1m even if not needed it give them a good cushion for any unfortunate delays. Really feel I can finally trust the guidelines on the current timeline. Finally patience should be rewarded

I'm of to the airport currently just advised my bank to take up the offer in full so I'm in.

It 1 for every 19 shares you hold at 1.25p

So if you hold 19000 shares you will be offered 1000 extra at 1.25p so it would cost £12.50

If you don't take the offer up others will be allocated them if they have asked for more

I agree this is what I posted yesterday

"Now the funding has happened I think MSC will move forward with a little more speed"

Thats a nice purchase at 8.30 ish this morning Approx £100k

Hope im not missing to much only 1 post in the last 15 is not filtered

H1 looks very busy on the future new front

MSC

Now-Q2 Trial agreement Quadrise, MSC & Cargill

Q2 Install MMU MAC2 terminal in readiness of permits

Q3 POC upto 2 month

Q3-4 4000 hours of operation for LONO from Wartila

Approx completion Feb-April 2025

bioMSAR & bioMSAR Zero

Now – ongoing Lab test followed by engine testing in marine vessel

Morocco

Now - July ongoing Negotiating commercial supply

Ongoing Site A industrial demo

Utah

H1 Financing agreed

H2 end user trials should result in commercial supply

Central America

H1 agreement being finalized

H2 testing of MSAR & bioMSAR

Singapore

Opportunities for bunkering

Blackwash 100% agree

Moving forward everything now looks good, please with the update yesterday as well.

As suggested have bought back all the share sold plus an additional c2m

Now sitting back and waiting for further RNS's with good news.

Now the funding has happened I think MSC will move forward with a little more speed

The Company has conditionally raised total gross proceeds of £1.5 million pursuant to the Placing of 118,922,107 Placing Shares and the Subscription of 1,077,893 Subscription Shares in each case at the Issue Price of 1.25 pence per New Ordinary Share. The gross proceeds of the Placing and Subscription are expected to be supplemented by additional gross proceeds of up to approximately £1 million to be raised pursuant to the Open Offer.

The net proceeds of the Placing and Subscription are expected to provide Quadrise with the necessary working capital resources to 31 March 2025, by which time projects in Morocco and Utah are expected to be generating commercial revenues, and the trial with MSC will be near completion, should active project milestones be delivered on currently anticipated timelines.

Should the Open Offer be fully subscribed, the net proceeds of the Open Offer will provide the Company with a clear pathway to profitability and the resources to progress opportunities in Central America and Southeast Asia, thereby creating a presence in the marine bunkering hubs of Panama and Singapore and enable progress with bioMSAR development.

Nice to see both Andy and Jason buying 2.2m shares in the placing and other director 1m+ in the subscription

1,560,000,000 shares in issue, this funding they will issue 200,000,000 share which is a 12.8% dilution

Remember Kitkateat does not want anyone to post if they buy or sell

Well thankyou BarkingCrazy what a clever idea