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Still quite surprised how relaxed the QED team seem about the current funding situation. Bearing in mind many on here anticipated that the money would run out end March without Utah money I would be keen to know what others thought their plans were. I appreciate the guys that went to QED HQ were not told anything really. Also if we are running below budget as said the. Where does their current spend take us? April? May? June? Any idea anyone?
If the slides were designed to be factual rather than aims and aspirations we would have completed the MSC trial end 2022 I think. I always regard them as best case scenarios but clearly know they will be nowhere near. That's why when they release such slide shows at AGMs the market responds poorly to them as until a contract is actually signed it it simply more of....possibilities and hopefullys!
I wouldn't say others are following people selling. We have literally had 20 trades. Not sure that equates to flood gates opening. Once we are hitting 500-1000 trades per day then we know things are hotting up! I fancy a few are getting less patient now and decided money better spent else where and that is fine! The vast majority of LTH here will probably.thunk another 4 weeks on top of the previous 15 years is worth the gamble
Blimey thats about the most comprehensive update of current activities I have ever read. Well done to all the investors/shareholders who gave up their time to viait the team and pulled together such an informative update. Certainly should put a good few minds at rest. The bit about all three of the final marine agreement by end of march would certainly be welcomed 😀 👍 many thanks again
Exactly. Which shareholders were invited and why were they chosen? Also on twitter said investors so which investors if these are regarded not as shareholders. Very odd. And now any report of the visit can't be published publicly. That's even more odd.
I don't see why they can't release an RNS stating why the agreement has been delayed. At least people would be able to understand the 3 month delay. JM was pretty certain Dec was the month so for this to be this far wrong there must be a reason and that is something that could be relayed to investors. Surely they have a right to know this information. Once again silence month on end has returned and yet we are meant to be in a busy period with lots happening and I think JM sated lots of news flow to come. Unfortunately again no accurate timeliness on this so possibly long periods of nothing again!!
Yep. What I find odd however is we sign an agreement with MSC 3 years ago. We sign now with Cargill and mac2 who obviously know that MSC are the trialist. MSC must be fully aware and happy with Cargill and probably even had a say in this otherwise quadrise wouldn't have signed with them. Therefore what's slowing up the three of them just getting pen to paper to say they have an agreement to trial the fuel and that further logistical details will follow.
Sounds reasonable. I mean it is nearly March. The morrocco report was completed in December so I'm sure the client must have had a chance to look it over and decide if they want to save money on fuel or not.
Oddly if even one major investor was to actually believe quadrise was going to be successful they would be heavily investing now and our SP would be way way higher than it is now. The mind boggles what it will take to convince them. Maybe it is just the MSC QED and Cargill agreement that will be their trigger.
Maybe. At least they have nailed the morocco trial now so that should hopefully showcase the benefits of biomsar to industrial users should they begin using the damn stuff. I just can't believe MSC are so slow to put pen to paper when you think the amount of savings they could already be making. Just seems crazy!