Member Info for 46Gillingham

Plus America's moving forward

"The conclusion of the board review is that the Company is on track to achieve its commercialisation targets following positive engagement with counterparties during the past month. The Company therefore intends to progress with each of its core projects as well as with the development of bioMSAR™ fuel and its derivatives."

Chairman purchase of QFI shares
Framework agreement with MSC
Signing of Material transfer & co-op agreement with client in Morocco
Commercial agreement with Valkor
New Chairman
Positive update from Aquafuel
New COO

Has there been any forecast on revenues for each of the 4 projects :-
Utah
Morocco
MSC
America's

sorry AFC Energy

Haggis
You have just won the prize for the most post in a day/week and month on QFI & I can see you are even more active on ACF Energy.
I hope they both come good for you

WongaFC Agree 100% I also hold significantly more than the board combined......Clearly we are not in a closed period so no wonderful news coming out this week

Vince72 If you buy them and sell the same day you take the profit and QFI gets their cut as well, so everyone's a winner

Is my understanding correct if these warrants are exercised QFI will get the following monies?

3,000,000 x £0.03532 Expired
4,900,000 x £0.0578 = £283,220
23,273,210 x £0.0748 = £1,740,836
9,050,506 x £0.0748 = £676,977
=£2,701,033
May have got this completely wrong?

At the moment the selling seems to have slowed down today. Fingers crossed it will stay that way

Everything seems to be coming into place. just placed my third top-up this week 200,000 & 315,712

My Take:-

Net Zero fuel moving forward/encouraging and looking good for 2030

R & D department very busy with all projects

Utah Oil quality better than before . No red flags. Commercial still on target Q4 2022

Morocco Very busy next stage fuel manufacturing, Client supportive

America's Meeting with both minister from both country's. Mexico submitted documents to client ....Massive future savings for client

All current projects on target for communalisation on previously stated dates

SemaphorRED
Sadly Ive decided to filter you I just can read another 30 stupid post each day from you

POC using 1,000MT should take approx. 10-14 days
Trial using 25,000MT Should take approx 9 Months
9th May update..."Assuming timely conclusion of this framework agreement, and associated agreements with other project stakeholders during 2022, the trials themselves are expected to commence before the end of this calendar year, and will take approximately 9 months to conclude. Commercial supply of bioMSAR™ to MSC would then be expected to commence in early Q4 2023, following receipt of a LONO from Wärtsilä".

SemaplorRed
Please lets move on.....
However I do need to correct your last post to me
"I agree, my fingers have also been burned and there's no guarantees here or in life. But also...we were at 12p for ages with nothing and 12p is a market cap of more than 150M. With nothing"
when and since QFI was 12p sp the company has raised many millions and issued many more share, I cant be bothered to get the correct figure but i suspect it double, so 700m shares x 12p make a Market Cap of £84m not £150....please lets move on

SemaphorRed
Lets agree to disagree I just dont see how a company with earning of £9m can have a market cap £500-£700m
Im to old and have had my fingers burnt to many times which is also why I probably would not call QFI a tech company, its more a chemical/fuel/manufacture, with a limited time 2050 ish but as I said lets agree to disagree

BC fair point however I don't see how winning one contract worth £15m of revenue less costs gives QFI a market cap of £500-700M. This is fantasy

SemaphorRed
"So if a contract is worth £15M per year, take £3M away to get £12M earnings. That's 1p earnings per share or 30p to 50p share price."
Not sure I agree with your calculations if the company had £15m income Im sure the running cost would increase lets say it doubles to £6m which would leave £9m less corporation tax 19% could soon be 25% so thats now £6.75m. This would give EPS £.0048, I think a better multiple would be x10 so a share price of 5p The market would start to price in future contracts which are hopefully bigger and the SP may start climbing rapidly 10p, 15p +

I want to work out the volume of trades since Miltons RNS, so I could make some assumptions and try to forecast when they will have sold out of QFI. If anyone could post the volumes since 16th July that would be helpful ....I think it must be getting near so I've also top-up again today. I thought is once they are out the SP should rise and hopefully we will never see these low price's again.

Haggis I should have said I think the LSE is incorrect

Haggis on the LSE qfi site its showing the volume for yesterday at 3.82m. Where did you get your number of 62m for yesterday from?