A bit tecthy this morning Stocky. All I'm saying is to expect a few delay, we should be used to it by now. Manage your expectations and I believe 2026 will be better for us than 2026
I think Patience will be key in 2025 as I would expect a few unforeseen bumps and hurdles,these things never seem to go smoothly, but am happy to wait until 2026 to be wealthy.
Its been a year of frustration that's for sure,MSC/CARGILL contract now expected Dec 24, make of that what you will.
Valkor samples still not received nor has their $15million funding that they expected mid 2024.
Morocco may happen if they can be bothered to put it into their production schedule.
There are 2 ,if not more,common threads. One is that there is distinct lack of urgency from any of our potential clients and secondly all of the above is outside of QED's control.
Semaphore Red, you are quite right. Amount of MSAR sold ,NOTHING.Amount of BIOMSAR sold, NOTHING, Fuel supply contracts signed NOTHING, Income generated, NOTHING, Shareholder value ,NOTHING
Is our only salvation. MSC have played a blinder, managing to not sign up for using an outdated product that no one wants. Unfortunately there is no future for MSAR and BIOMSAR will probably follow suit. Other potential customers will follow MSC and Cargill lead and wait for BIOMSARZERO, now only a potential 2 to 3 years away. So,nothing to see here,which is evident by the silence and lack of interes/news. We have 3 options; sell up (if you can take the hit), buy more at these low prices lock them away and come back in 3 years time. Or you can hold.Stop looking for the silver bullet red dot every morning and manage your expectations accordingly.
Joking aside, I suspect that most LTH's on here are middle aged,semi retired or retired so it would be nice to get a good return on our investment before the grim reaper comes knocking.
And I'll say it again.....MSC/Cargill are not interested in MSAR or BIOMSAR.
Since Jason let the cat out of the bag by saying BIOZERO would be available much sooner than 2030 then MSC/Cargill are more than happy to drag their feet to get the main prize. They've already played us like a flute for the last 10 months so what's another 2 years ?
Some here suggesting MAC have wasted their time. ?
Any forward planning for major future projects are generally a good thing. In this case at best,MAC have been premature and at worst wasted their time. MAC are joint the list of people being strung along by MSC and Cargill that the long awaited tripartite agreement is "imminent ". We all know in our heart of hearts that it isn't. If MSC/Cargill wanted BioMsar this agreement would have been signed by now and we would be on our way. My belief is that they are prepared to wait until BioZero is formulated and ready for test, possibly in another 2 years. Why buy beefburgers when you can see Steak coming down the track ?
MSC/Cargill are not interested in MSAR or BioMSAR.Their eyes are on the bigger prize of BioZero which is at least another 2 years away.There is nothing happening here until then.