Member Info for 46Gillingham

Why year after year do we seem to go around in circles on the same subjects.

I dont care what QED staff get paid. I also dont care what option or additional incentives they also recieve.

If Jason was on £150k shareholders would still be complaining.

What I do care about is the inordinate amount of time all our current project are taking and I guess the QED team have always put forward ambitious timings and in Hindsight longtime line should have been given together with bigger funding in the passed. I really hope Quadrises technology/products get adopted within the next 18 months by all the current projects. letting us debate otherthing suck as shareprice dividends and new clients etc etc....

Lets give the management team this last period to get a few projects commercial.

Think I will walk in the next 12-18 months if nothing has moved forward

That why the Share Price is sub 2p.

We are where we are. Money in the bank, 3 possible the business projects to commercialize and 12 -18 month of money.

And a very very incentivsed team.

Good luck to them if they win I win.

Hotfinance14

Do we really care?

I look at this as very positive news, this is the BOD last chance to fill they boots and they obviously think its worth while doing now.

Money in the bank, 3 projects well down the line, 18 month to turn this company around.

If they dont who cares about the options they will be worthless

If they do and the share price is 10p 20p 50p+ im happy.

Sammagmil

No performance in the future these options are worthless

Future performance we all gain

Lets hope they are worth something very soon.

There's nothing in this he's just doing good tax planning nothing else

Hotfinance14 Sadly no im at a fasting clinic in Spain for a couple of weeks. Happy for someone else to have a go

Https://www.thechemicalengineer.com/news/keeping-oil-and-water-mixed-for-months/

Carlac Filtered

The current real game changer for QED is MSC with fingers crossed all going well this could be a reality late 2024 early 2025.Should it happen what does everyone think the effect on the share price will be over 2025-26.

Alternatively should we end up with just the other 2 projects what do you think the share price will be.

A with MSC 2025?

B Just Valkor & Morocco?

Funny we all think theirs real upside but never really see many trades each day.....

Does the company need better PR?

Convb

I hope your forcast for March is correct

If the BOD concentrate mainly on getting current commercial projects live and slow down R&D. With approx. £3,000,000 in the bank and a burn rate £240,000 (which I think includes some current R&D) this should last at least 12 months at a burn of £200,000 PM 15 months at a stretch.

If Valkor happens it’s helps immensely funds jump to £4,494,500 at a burn £240,000 gives the BOD 18 months of funding ie to the end of 2024 enough time to get MSC sorted.

This funding has given the board a huge chance to get QED commercial, it’s what we have all been waiting for. They need to preserve as much money as possible over the next 12-18 months and finally sort out all these projects. If it does not happen we must surely question the viability of QED and the BOD.

So theirs the challenge as I see it. I wish the BOD all the luck in the world really hope they succeed. If they do private share holders can join me for a champagne party at my house 😊

Dustofinations spotted an additional £232,000 which is now added.

Dec 22 Cash £2,600,000

Monthly burn £240,000

Cash July 1 £1,160,000

Placing & OO £1,940,000 Gross

Total cash £3,100,000

Valkor Phase 1 £775,000

Valkor Phase 2 £387,500

Valkor Q fees £232,000

Total £1,394,500

2023 Cash + Valkor £4,494,500 should Valkor happen, otherwise it £3,100,000/need to deduct funding cost

Looks to me like their is enough cash to finally get QED commercial

Does anyone have any thoughts on the cash position I posted.

Happy to be corrected if its wrong

Bremen Welcome

II is Institutional Investors

Monthly burn rate £240,000 If you look at the filed account you will see a complete breakdown of expenses....Normal business running expensives. Salary, Rent,Travel...Plus product development et etc

Dec 22 Cash £2,600,000

Monthly burn £240,000

Cash July 1 £1,160,000

Placing & OO £1,940,000 Gross

Total cash £3,100,000

Valkor Phase 1 £775,000

Valkor Phase 2 £387,500

Total £1,162,500

2023 Cash + Valkor £4,262,500 should Valkor happen/need to deduct funding cost

Plus if we are lucky the Americias could also bring some money in within next 12 months

Looks to me like their is enough cash to finally get QED commercial

Jim89

I am far from concerned here, this is a huge opportunity...

100% agree Medium and long term looking very encouaging

Good news re below

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.

In the UK, demand is growing. In FY2023, growth of at least 15% is expected compared to FY2022. In FY2024, Velocity is planning for extra work from a UK manufacturer seeking to expand its capacity to meet growing demand. With expected UK growth and the start of the full rate production under the Agreement in the US, the Company can deliver profitability in FY2024.

Some good volume this morning moving the sp up