The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Due to not knowing what are buys and sells by all accounts, colour does not matter, there has been quite some activity today.
If Wednesdays event is positive, and as mentioned 90 minutes is a long while so I would be expecting it to be, we could be back at six by the weeks end.
Haven't looked this up but are commercial fleets not OK to use say MSAR for the out of territorial waters cruising and then a switch over to BioMSAR in territoial waters where they would it seems be required to use say Ammonia. BioMSAR would be far less expensive and safe I would assume and far less hassle to convert to and the restricted supply of Bio could still supply this market and keep the greenies happy. Being able to refuel with both in selected bunkering stations would also be a plus.
It is the existing fleet of some 100,000 vessels that we are targeting. Some of these will be around for another 30 years or more.
should be an interesting online meeting on Wednesday and it goes on for 90 minutes. How many time can they say, 'We are 90% certain that trials will be successful and both BioMAR and MSAR will soon be in commercial production.' If they had nothing positive to say they would keep quiet.
Fill your boots and retire young........
We’ve had the trials, (we know MSAR works) we’ve suffered the tribulations, (for many years) so Jimzi now is the time to buy buy buy. How can this not now succeed, four projects underway, according to M & J, expecting around 90% success. So much bitumen to be mined and processed, so many potential end users ( there has to be a whole community of potential end users watching this) the global climate is in a mess, bioMSAR and MSAR are a partial answer, certainly over the next thirty years, but why no urgency. Is it a case of we are sitting on a big disrupter to the oil industry, maybe those large multi nationals and others are doing all they can to prevent QFI from realising our dreams. With so much at stake, especially our rapid drift towards a world with a weird climate, nobody can exactly predict what the state of the world will be in 100 years or 500 for that matter, but we know something has to happen quickly and before we get to the point of no return.
Governments should be behind this, we know from recent events that things can happen very quickly if there is a will. The samples from Utah should have been the first shipment to leave the processing plant, not some kind of afterthought. We will send it at the end of the month and yet they have shipped tons of the stuff to a small refinery by all accounts to produce road tar. For goodness sake QFI need an urgency dept.
Why cannot the U.K. government get behind this, they seem happy to waste billions on projects that will amount to nothing, their tax take would be massive if QFI becomes the company it should.
Sorry all getting tired of sitting on my hands………
Yep. Just made a cuppa.
Ha. Paints just dried in the kitchen and the kettle has boiled.....
Could something be about to happen!!!!!!
did it not mention that they will be soon producing 2,000,000 barrels a day and if MSAR adds significantly to the value and buyers can be found a significant portion of this would be providing royalties to QFI, the sky really would be the limit, the QFI share price would rocket, but we need the news and it just feels that those involved are dragging their feet. My opinion of course, but with so much at stake it beggars the question as to why!!!!!!!!!!
Just looking back through the news from QFI, ten weeks since anything interesting has been issued, four projects on the go, what are M&J thinking about. Something must be going on, anything that will brighten things a bit, just a teeny weeny bit of positive news, just a little drip of positive information, we are way behind promised deadlines for many reasons, we are not living in normal times I know but it’s almost as if the company have disappeared off the planet.
BTW did anybody see the piece on tv the other night about the Alberta a tar sands, quite incredible, if Utah becomes reality the future for MSAR would be massive.
Seen leaving New York harbour yesterday, a large rowing boat with two guys onboard and a very large container of bitumen. Apparently first stop Bermuda for supplies and then the Azores. Final stop Falmouth.
Expected journey time 16 weeks but depends on weather.
It’s on its way lads.........
So I guess they have to now make the barrel, find somebody to ship it and find the address for QFI.
If this sample was produced last week how can it possibly take so long. Seems that QFI is some kind of afterthought and if it is shipped by mule to the railroad, onto a paddle steamer and results due in 12 months if we are lucky.
GLA
Great news, just seen a QFI van collecting two large barrels off a big blue jet that has just arrived from USA.
The guy on the jet will be meeting with with M & J on Friday after a meeting in Cornwall to discuss how MSAR and BioMSAR can help cut emissions globally over the next ten years.
This could be the big break.
Onwards, and expect a huge jump in the share price when the news gets out.
Been painting all of my fencing over the past weeks using creosote from 25 litre containers, at £71.00 a pop that is expensive stuff but at the bottom of the container I have so far used was around a 1/4 inch of sand, which made me think of our recent problem with Utah. Then I got to wondering of the emulsified tar could be used after the QFI wand has been waved over it for fence protection.
Creosote works out at about £2800.00 a metric ton, now that's some profit and with 30% of the mix being water would be a lot safer to handle than the present mix and believe me there are a lot of fences in the UK and all you can buy for them at the moment is the rubbish from the DIY centre.
Only a matter of time indeed. If the Petroteq share price is anything to go by, and there is often no smoke without fire, whoever is behind that rise, and assuming it is genuine, possibly the next takeover target would be QFI by the same group making a move at PQE.
But of course it is all BS and QFI will remain where it is for quite some time to come. Personally I have a feeling QFI is about to pop, if QFI gets caught up in this, PDE sat at almost exactly the same price as QFI less than two weeks ago and now it is almost X5 times higher, that would take QFI to 20p.
GLA
https://marineindustrynews.co.uk/watch-latest-horrifying-footage-of-burning-x-press-pearl/
My experience at sea was in 1980 so quite some while back. Also as for lithium batteries my daughter had a small camera, a nikon, around ten years ago and the small battery had become stuck in its housing. Couldn't pull it out so thought about screwing a small screw into the top of it and pulling it out with pliers. i was in the kitchen, it went off like a roman candle, filled the kitchen with black acrid smoke and dust and literally melted the battery part of the camera. I was lucky to get away with that one as well. My friends call me cat....
I have nearly died through using gas in my house, never again and many years ago when I worked at sea I heard a woooomp and ran to the galley to sea the chef on the floor, his burners had been leaking on the range and the gas had settled in the storage cupboards below, when he lit the burners the lot went up. His burns were appalling. Also the cost of producing and transporting the stuff, I do believe it could all be a case of a lot of wind at the moment to keep the greenies off their backs.
I can never get my head around any form of gas being used as a fuel, especially when you consider the amount that would need to be carried on a large vessel. It is indeed highly flammable, you cannot see it, maybe you can smell it, even taste it.... but as when you see a house blow up, or a gas or oil rig explodes, the destruction is massive, not something you would see with MSAR or BioMSAR. My personal opinion id that to use any form of gas as a fuel and in such quantities and on vessels that will be travelling far from the beaten track would be considered reckless. But then I am not the penny counter or PR relationship manager for a big shipping company. My feelings are that if MSC can get this off the ground it is the perfect option for the commercial fleet and far more.
As for Utah, the upside if the extraction of bitumen from the sands can be proven to work is absolutely massive. I read somewhere that there are 2 trillion barrels of oil waiting to be extracted but only if this can be done with little or no harm to the environment. There are many historical problems with getting this stuff out of the ground but if we can be patient and the equipment being installed/upgraded can be made to work with an end product of MSAR that has advantages over the fuel being used at present in many industries the royalties to QFI could be massive. Would they need to have a contract tying them into Tomco etc in Utah, I do not know, but for now UTAH for me will be the big prize, even though it could take a while to generate revenue and of course they need to get past the recent hiccup.....
We did not get an answer to possibly still wondering just what happened over the past few days...
Bitcoin is in a bear market. Let’s not beat about the bush, or try to spin it. The price is falling – it fell 10% just while I was asleep last night and it’s already almost 40% off its highs.
If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck. It’s a bear market.
So what happens next? How long does it go on for? Where does it fall to? And, most importantly, what do we do?