Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Some people are so sceptical, it makes me want to vomit.
In the commercial world it is all about dates set by organisations and countries as is greening the commercial fleet. The hold ups, if you think logically, are regarding when they have to be compliant. That is a few years down the line and if MSC want to stay competitive they have to carry on using crap fuel for as long as possible so hence the delays etc etc. No hurry my friends.
But the world of luxury yachting is somewhat different. As said it is a luxury very few can afford so those that do indulge get a bashing from every angle by those in power and those with an axe to grind. It is jealousy in its pure form.
Getting a carbon neutral fuel onboard keeps the jackles at bay and the owners happy to pursue their dreams on the water and away from the rest of the human race. They have a more urgent need and I would guess if this were known to the many billionaires that own these vessels, the big ones costing up to 1 billion dollars to produce they would happily fund any project that has legs, as this one does.
I watch the rubbish being thrown around daily on this site and am amazed at how Jason is one day an idiot who has no idea to another when he is the best thing since sliced bread when the share price pops for a few days before dropping back. Some of you seriously need to grow up and put on trousers and get out of your nappies.
To all long term holders I hope you get the rewards you deserve, to those that wish to bash the company whenever they wake up with a hangover caused by cheap wine, !!!k off somewhere else.
It would not take a year to build this yacht, as stated they will have several in build no doubt and maybe one or more on speculation. Recently the demand for yachts has fallen after a massive surge post Covid. As mentioned Jason has had testing in the lab underway for many years so maybe this is the payback. If they are going to display this at Cannes that is next September so not that far away, unless it’s September 25, let’s hope not.
Of course the crossover from these engines to plant machinery, farm machinery etc is only a step away.
But proof of concept is not proof is supply as all of the refuelling stations in the Med, which would be the best place to start the commercial side due to numbers, as these stations would need upgrading in some form or another in all marinas. Larger yachts are mostly supplied by tanker, many taking upwards of 1,000,000 lire’s, or there could be central refuelling stations, Gibraltar, Barcelona, Genoa, Athens, Malta etc. Fuel duty could be lowered as well to make the adoption and maybe conversion or engine upgrades feasible.
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At last Jason has seen the sense in creating a fuel to service this massive market place.
Yachts, be they small or large are at this point in time hated by left wing governments and eco groups around the world. The bigger yacht builder, producing yachts of 150m have been toying with every imaginable technology to get the vessels to become perceived as green. They are of course not but greenwashing is all around the industry. This move, bringing together respectable companies to combine their tech. To create a fuel that is genuinely carbon neutral is a game changer and the sooner they get that yacht on the water and on display the better.
The vessel being built for trials is small but the marketplace is crying out for a sustainable fuel. Other fuels being developed would no doubt end up on the larger vessels of which globally there are around 7000 or 8000. If they prove the concept there will be a day when yachts not using this fuel will be banned from marinas or many cruising areas, including the Mediterranean that contains half of the worlds fleet. Owners need to justify their yacht investment and at the moment many are pulling back from ownership so this is really a win win for all.
There are bio fuels being sold to the market already, very expensive and heavily subsidised. This could be the ball breaker.
GLA
They are all sitting around a desk at Shell wondering how much of the 28 billion or so profit to re-invest in QED. I can see Jason telling Shell how to invest to set QED up as a global entity. There is of course no WiFi there to keep secrecy in place so no Comms, Shell no doubt want the whole pie for their efforts and no third parties.
Now 200 million barrels a year at $4.00 royalty on each barrel. Ooops just woke up !!
Where do we park the Rollers !!
That would be amazing but very possible such is the upside of QED.
Also regarding Lawyers, when I went for my divorce my late but great friend, a businessman of great renown, pointed out that my wonderful legal team were not there to make my divorce simple and cheap but to make as much money for themselves as possible and how true he was. So expect the legalities to rumble on for a while, I hope not as long as my divorce!!
It would settle at around 50p and then as the roll out begins and many other companies come onboard it will slowly creep up, power stations etc etc would also begin to see the value and who knows where we would be in two years from now. Once distribution is assured the world is our oyster and due to the fact that something also has to be done with the residue that will be hanging around in refineries it ticks a great many boxes. After all if MSC are shipping at a lower cost and meeting obligations it has to make sense that their competition follows, just my 50 penneth !!!
The 1% of ships currently prepared to burn alternative fuels make up 2% of the fleet’s deadweight capacity. Another 1% of ships and 4% of deadweight capacity are readied for alternative fuels so they can more easily be retrofitted.
https://www.bimco.org/news-and-trends/market-reports/shipping-number-of-the-week/20231220-snow#:~:text=The%201%25%20of%20ships%20currently,can%20more%20easily%20be%20retrofitted.
There's only one fuel that could soon be available to the majority of shipping out there now and strikes me that most of the new tonnage being built can still use it going forward.
Building these vessels and supplying them with Methonol and putting in place the global infrastructure to keep a ready supply at hand is all blks. If, and when, Quadrise becomes the accepted and cost efficient way of bunkering these vessels, be they cruise liners, bulkers, container ships etc the fuels that will be supplied through QED will become the norm and as they change to 100% carbon free within the next 5 years or so, well to wake, the company will be simply massive. Now I am not a ramper but!
All we need is that big signature to get the ball rolling.
How do you value Quadrise, signing the agreements will make the difference between a mediocre low value company and one that could be worth into the billions. So I am sure the negotiations that are going on are really quite spectacular and intense and when all is revealed I would expect everybody to be happy, for now and forever more. Be patient and all will be revealed. At least that is what I am hoping.
Wouldn't it make sense to run the pump in a loop with the fuel for a couple of days before getting into the real thing. Or maybe they do this, but it would check the new pump.
But I cannot imagine another failure. Aghhhh
Have they been running LONO's etc etc etc. It seems others can just put a fuel on the market as they wish, all very odd. And for goodness sake stop knocking the company and its management and also the price of the shares. If and I am certain it will be soon, the fuels that Quadrise are proposing get past their testing stages, and that is imminent, far more imminent than last week or the week before that or the week before that.
Lets get this over the line and then we will all be singing like Canaries, well most of us will be, their will always be the miserable B******* out there who will moan whatever happens. It has been a long journey and now let us all sit back and watch what happens over the next few weeks and try to enjoy the moment.
3 p a share be bu****** it will go to 50p once the ball gets rollling.
If Quadrise cannot sell their tech to MSC I will eat my hat. We must be on the final furlong.
https://gcaptain.com/the-invisible-climate-impact-of-a-cruise-ship/?subscriber=true&goal=0_f50174ef03-37ba3c3abb-170322386&mc_cid=37ba3c3abb&mc_eid=a2c0b667f7
Https://apigateway.agilitypr.com/distributions/history/50af3574-2ab1-419b-a3a7-ae9e1423a94c
Why should Morocco fail. Just think of the years of thought and the effort that has gone into getting this far, by one would assume very intelligent people. Lets assume that the trial is a success and that the supply contract is forthcoming. From here on it would be a case of other similar companies globally seeing the reasons that Morocco have signed up and follow suite. If Morocco can supply a product, or produce it at a better cost per ton, others cannot idly stand by and watch, in the world of competition they would have to get onto the band waggon. It just takes one, as with MSC, for others to follow.
As for the 25 bagger, look back at some of the tech companies who had a share price of only a few dollars and are now into the thousands, by 2030, and that is not that far ahead, the 25 bagger of today could well be a 100 bagger or more. The dozens or more of LTH are not stupid, despite some of the things that have been said over the years on this forum caused in part through frustration, and can I am sure see the potential of what they have invested in, it just needs to get that ball rolling down the hill.
Heavy fuel oil use and shipping
Since the middle of the 19th century, HFO has been used primarily by the shipping industry due to its low cost compared with all other fuel oils, being up to 30% less expensive, as well as the historically lax regulatory requirements for emissions of nitrogen oxides (NOx) and sulfur dioxide (SO2) by the IMO.[2][3] For these two reasons, HFO is the single most widely used engine fuel oil on-board ships. Data available until 2007 for global consumption of HFO at the international marine sector reports total fuel oil usages of 200 million tonnes, with HFO consumption accounting for 174 million tonnes. Data available until 2011 for fuel oil sales to the international marine shipping sector reports 207.5 million tonnes total fuel oil sales with HFO accounting for 177.9 million tonnes.[8]
Marine vessels can use a variety of different fuels for the purpose of propulsion, which are divided into two broad categories: residual oils or distillates. In contrast to HFOs, distillates are the petroleum products created through refining crude oil and include diesel, kerosene, naphtha and gas. Residual oils are often combined to various degrees with distillates to achieve desired properties for operational and/or environmental performance. Table 1 lists commonly used categories of marine fuel oil and mixtures; all mixtures including the low sulfur marine fuel oil are still considered HFO.[3]
So approx, 200 million tonnes a year at 50$ a tonne to QED. Lets assume 100 million tonnes of MSAR is sold once the shipping industry has to bight the bullet and burn cleaner fuels. This would give a share price of based on profit only £1.56 and it would be normal to multiply this by 4 so say £6.26. on shipping only and then you have the funds from Utah and the likes of Morocco. Plus whatever else QFD can create and sell as we get closer to 2030. At the moment nobody needs to use a different fuel such as MSAR, but they will very soon and then we will maybe not be able to keep up with demand. The other thing is the oil industry has to find a way to use up the leftovers at the bottom of the barrel. Like all LTH I have been hanging in with QFD and the lights are beginning to come on. If it gets to a £ I will be a very happy man.
GLA
NESTE USING LOW-EMISSION BUNKER FUEL FOR
TANKER PAIR
Written by Rhys Berry
Neste has announced that two tankers transporting its renewable diesel from Finland to Sweden will be fuelled with its
lower-emission marine fuel, Neste Marine 0.1 Co-processed.
From this month, the tankers SUULA and KIISLA will be using the ISCC PLUS certified marine fuel, which is produced at
the Finnish energy company’s refinery in Porvoo by processing renewable raw materials together with fossil raw materials
in the conventional refining process.According to Neste, the fuel, which has a composition and performance ‘similar to
conventional marine fuels’, provides users ‘up to 80% lower greenhouse gas (GHG) emissions’ over the fuel’s life cycle
compared to fossil fuel. ‘We are committed to working with our suppliers and partners to reduce emissions across our
entire value chain,’ said Markku Korvenranta, Executive Vice President for Oil Products business unit at Neste. ‘Powering
two tankers transporting our renewable diesel with a marine fuel to reduce greenhouse gas emissions is yet another step
towards reaching our sustainability targets.’