Member Info for blackwash

I would add that from the IMC call I had no expectation of any RNS confirming signatures this month. They may well be physically signed today, but that would still not result in an RNS until next week.

If the RNS happens in April will be satisfied this is moving ahead line with the companies recent guidelines.

Https://www.edisongroup.com/re...p-to-commercial-revenues/33391

Edison Group research report added on linked in.

I note it states ref the MSC/ Cargill contracts :

On 6 February 2024, Quadrise announced a collaboration agreement with Cargill and MAC2 (part of Group Machiels) regarding the production of MSAR and bioMSAR fuels for the company’s forthcoming vessel trials on board the MSC Leandra. Management expects the binding agreement to be signed by H124, along with binding agreements for toll manufacture and fuel supply in the same period.

Slippage from the IMC "hopes " to complete these in Q124...

Regardless of this is still a strong buy IMHO.

HF14. From the QRF visit report.

QED highlighted that beyond that recently announced with Cargill & MAC2 there were 3 outstanding agreements, 3 others were required and in progress;

o A 3 way collaboration between MSC, Cargill & Quadrise

o A fuel supply agreement between MSC & Cargill

o A Tolling Agreement between Cargill & Quadrise

With the pipeline of opportunities, current sentiment and extension of the OO into the new tax year entitling existing shareholders to utilise their 2024 ISA allowances, expect the OO to be fully subscribed. There will be the odd small shareholders who don't take up their subscriptions, and on this basis would expect no more than maybe 10%-15% max of additional shares over and above your entitlement will be available.

The feedback to the company about ensuring existing shreholders were considered in any fundraising as raised at the recent shareholder QRF visit has been acknowledged by the company with the OO and extension gestures.

Thanks Ripley. That was an amazing read.

Chequepal. Thanks. Your recollection is correct. I also attended the QRF visit, and would re-word my earlier post to agree with your statement that no insider information was given. For clarity reading between the lines of what was intimated at the QRF visit when coupled with the recently announced placement/ OO combination was what I interpreted and referred to as 'hinted at' by JM when he stated QED were an equity company.

If only I had traded based on that supposition!

JM and co gave some very strong hints in the QED visit that there would be a fundraising, and that QED were an equity company (suggesting that they would use equity fundraising routes), and further that they would endeavor to protect the interests of long term holders (which suggested an OO would accompany any private placement). All of that was intimated in the report that was compiled by DoN and issued following the visit. Any investors that took that on board and sold some shares in anticipation of the pending fundraising would be well placed now to participate and assist the company in reaching the advised £2.5m targeted through the placing and the open offer.

The general concensus I have seen from both the positive and negative posters across all chat boards has been that funding needs to be resolved ASAP as it was seen as a major handbrake on share price appreciation.

Successfully get the funding done and that handbrake is no longer there on any pending positive news releases on project advancement.

Agreed, some of the timelines appear to have again slipped, but that was again clearly identified as possible in the information provided at the QED visit. They are dealing with very large companies who will determine the timelines.

However, once funded, the share price slippage should be behind us as we get the long awaited news flow, in particular on the outstanding MSC trial contracts.

What I am surprised at on the back of the above, is the amount of negative sentiment posted. The company are damned if they do or damned if they don't. Yes, ideally they could have announced further positive news of actual progress on one or more of the projects prior to announcing the fund raise, but that is unfortunately out of their hands in each instance.

I firmly believe now is not the time to be faint hearted or short sighted, and to support the company in reaching commercial agreements over the next year.

To not back this OO just seems like throwing away the potential opportunity and also putting my larger investment in the company at more risk.

Am I wearing rose tinted glasses? Possibly. But I believe in the product and I have to take the recent announcements on the MSC trial and pending contracts to be finalised at face value. Not prepared to remove my support from the company now just to prove a pedantic point that I'm upset about missed target dates. They are target dates, and by now we all are aware that this industry moves glacially.

With Cargill and Euthania on board I believe the next 3-6 months should be transformative for the company.

The notable part of the OO IRS to me is they are only offering 1/19 shares held in the OO. Its an offering, as requested by the shareholders at the QED visit, but suggests to me they were under pressure to offer more to the iis.

As was stated any OO shared that are not taken up will be offered to the iis. This MAY well suggest that the placement was over subscribed, and any untalented OO shares will be snapped up.

I'm unconcerned about the negative talk on this assumption. On LSE you would think the company just announced a liquidation.

The position the company are now in with their recently announced partners (Cargill and Euthenia), plus the successfull trial in Morocco ( yes, with reservations) is a lot further down the road than at the last raising.

Very positive about the current situation. Get this funding done and keep the process going over the next 6-12 months.

Nice find Seedmix. This is where BTG and Vertoro need to accerrate the roll out of their respective biofuel processes which convert far higher percentages of feedstock into calorifics than traditional ethanol biofuel processes.

Agreed pharohrocher. Too.much chicken little reaction to positive news releases. The big picture is looking very good.

Uo1by. What is the sense in a 2p funding when the SP is hovering at 3p. That defies logic. The company should be waiting for that 'imminent' MSC tripartite news release, that must now surely be locked in for some time in January, and look to announce the fund raise at hopefully 5p+.

Interesting chat started off by Crownos. There certainly are some interesting battery tech developments in the pipeline. One currently in development by Australian firm GMG in a partnership with Rio Tinto is for graphene-aluminium ion batteries. No lithium required, creates hydrogen as part of the graphene manufacturing process. The preliminary coin battery cell calculations indicate up to 60x faster charging and 3x longer battery life and they are now developing ant testing 1000mAh pouch cells for testing in H124.

https://stockhouse.com/news/press-releases/2023/09/11/gmg-achieves-initial-500-mah-graphene-aluminium-ion-battery-prototype-in-pouch

Coldfish. You really do like to fish for a reaction (with a wink). Nice when u actually get a bite aye...

Jack G. Exciting times. BioMSAR Zero is a bit of a mouthful however, particulry for the masses. Will surely be shortened to BMZ or something.

AKHM. Couldng agree more.

Soz, phone jumped around inexplicably. Was typing "while herding kittens is initially entertaining..."

Willswag

Think we are on the same page. I don't post a lot here because there is so much pointless noise. Have a busy day job. But sometimes the lemmings need a reminder that sensible thinking and prognosis might actually apply to them as well. Sadly trying to herd kittens, while is generally doomed to failure.

CFP. With 66% of the current outstanding shares held by private investors, many who have held for a decade or more I doubt very much that any offer less than 50p would be accepted. Personally I would not consider anything under £1. This is also why it is important that shareholders exercise a say over how the company raises funds and that any private fund raise should be accompanied by an OO to allow the PIs to maintain their ownership percentage.

I have looked on with despair at the comments from people that proudly stated they bought shares on the open market instead of the OO because they were .002 of a penny cheaper than the OO. That is an example shareholder complacency, selfishness and/or stupidity at its worst. Possibly understandable if you are just a day trader trading numbers with no real understanding of the inherent value in this company, but seriously shortsighted in the big picture.

Kolonic. Blue chip companies are not just huge by market cap, but are generally categorised as also being a household name.

"Quadrise. The company that decarbonised oil"

Just for a laugh.

ColdFishPie. Agree. I should have stated I was looking ahead to when they actually have the product commercialised. I have contacted the company about liaising with the likes of Transition Zero who undertake in depth data studies of the energy markets and how sustainability / net zero targets can be achieved at a global and governmental level. Interestingly they are also at COP28 this year. The study below on power grid expansion is the sort of report that if applied to marine bioMSAR/ netzeroMSAR impact on shipping could provide valuable data and exposure. The timing is right in 2024 to start liaising with these type of platforms.

https://www.linkedin.com/feed/update/urn:li:activity:7133487471572471808/