Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
In my years of following a few companies I don’t think I’ve seen any other company fail to meet so many deadlines / targets / assurances. This isn’t a failure of Quadrise, but an abject failure of senior management in not recognizing the fiscal and reputations damage with each new failure. I’m doing so they have inevitably affected the SP and had to beg for more cash, thus diluting the (hopeful) return. I think it would be hard to find an outfit that promises so much and delivers so little
Anyone know if Quadrise has any presence in this years Energy Week, happening this week in London?
For those not familiar it’s an annual event formerly called IP week, which is attended by literally hundreds of major players across both the energy and shipping industries, including bunker suppliers and traders. I would have thought this would be a. Ideal event for Quadrise to attend and put a presentation together for.
Another missed opportunity perhaps?
Stock yes you’ve managed to prove on more than one occasion to have the ability to be anal to n th degree.
I don’t believe the Maersk fiasco was unlucky, there was always a lot more to that than met the eye. But having a contract preventing QFI from revealing any data was, at best, incompetent.
Re Morocco they’ve been desperately unlucky with equipment failure, but how many times will we hear that a deal is about to be signed?
The biggest unlucky hit they took was in Saudi, where they had 5 of the 7 signatures required before the Crown Prince locked up 500 businessmen and stopped the project in its tracks.
Stock yes you’ve managed to prove on more than one occasion to have the ability to be anal to n th degree.
I don’t believe the Maersk fiasco was unlucky, there was always a lot more to that than met the eye. But having a contract preventing QFI from revealing any data was, at best, incompetent.
Re Morocco they’ve been desperately unlucky with equipment failure, but how many times will we hear that a deal is about to be signed?
The biggest unlucky hit they took was in Saudi, where they had 5 of the 7 signatures required before the Crown Prince locked up 500 businessmen and stopped the project in its tracks.
Vince - you have to remember that the shipping industry has always been on the conservative side. Ultra low Sulfur Fuel Oil was forced on the industry but has become something of a nightmare, with some companies labelling it ‘Frankenstein fuel’
It is beyond my comprehension that MSAR and bioMSAR have so far failed to take off. Whilst there is no doubt Quadrise have been unlucky on occasion (Marrakech / Saudi), huge question marks remain over their ability to market what should be a no brainer. As a 10 year+ LTH I remain confident in the product, but maybe less so in the company
Anyone who thinks we’ve been mugged again should sell up and move on. In spite of todays fall back - probably inevitable with the sudden jump profit takers and Xmas coming - SP is still up 89% on a month ago. I’m a LTH and have been critical of the board over some of their moves, but I’ve always believed in the product and I still do. The fallback today will give me the opportunity for another top up
Vince - don’t hold your breath on PEMEX, they’re a disaster area
Semaphore - not sure how you work out the Aussie must be very smart when he hosts such utter crap
My last post was for Ausdieguy, who seems to be the worlds customs expert