Member Info for dai2belts

Its all happening

Under the Agreement, Quadrise will supply and install trial equipment at Sparkle's 50MW El Giral power plant, including a 5 tonne per hour Multifuel Manufacturing Unit. MSAR® and bioMSAR™ fuel will then be produced for a week-long diesel engine trial on site, to supply power to the Panama electricity grid.

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A 5 tonne MSAR unit is in Morocco at the moment ?

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This sounds challenging.... just 6 months

The Agreement is for a term of six months and shall expire after the term or after all obligations of the Parties have been performed. If Sparkle decides not to proceed with commercial supply, Quadrise will remove the trial equipment from site at the Company's cost.

JSE, MC £135, October 2024, average 22,000 boe/d

April 3, 2020. Company's issued share capital 183,489,395

Nov 2020, 208,699,627

May 28, 2021. 209,474,627

Today 236.46m

So MC £330m, jan 2021 around 160p, quarterly crude oil sales of 1,297 barrels per day

Today £58m, average quarterly production of 5,211 boe/d

Back to 2020 prices, just like JSE

160p in 2021

Might be worth looking into, maybe an opportunity

How can a company pay 30m to Irish state bodies, and be turned down ?

https://safetybeforelng.ie/pressreleases/pressrelease20240404-ShannonLNG-Paid-State-Bodies-Over-30-million-During-Planning-Process.html

How many LNG terminals are being proposed, and how many will be built ?

I guess this nothing too do with PRD

https://safetybeforelng.ie/pressreleases/pressrelease20240404-ShannonLNG-Paid-State-Bodies-Over-30-million-During-Planning-Process.html

It typical trades higher than 7p and moves through a good tradable range so should get your money back if no discounted placing...

Since you are holding have you worked out if there is likely to be enough in the bank to drill Mou-5?

With all the delays its not easy to match drill/testing costs to each raise...

Unless you are broke and want free bed and meals of life....

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alleged telephone threat. Woman said, “Delay, deny, depose. You people are next,” near the end of her call with the insurer, which had recently denied her claims, according to the affidavit.

But police said there was sufficient probable cause to arrest Boston on suspicion of making a threat to conduct a mass shooting based on her statements, according to the affidavit.

Up to 15 years jail for such threats..

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Its not like she said she would ensure they were next to be shot, and could have simply been implying thats the attitude that resulted in the UHC CEO being shot, just lacking eloquence while angry

https://www.yahoo.com/news/convicted-woman-facing-15-years-190310850.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAKML47RuXuEIKXv1J2w_HPespu5bM7clrmA3tHlqkr2Ndd_QTvc8mBwdswO-PMJrfipBXBR-VcwRgW8ym5jFsa23r3qLmkgx8p7cXWUYNtWW0Zz0p6sSRTXQ4xl8p6eOsg5vFgedulo2tA7zTQdTeTQSqqX2TwkSAyNebQ6pjaPi

Prices, and conspiracy chart :)

https://invst.ly/17-qaf

Placings announced 7th July 23, then 18th March 24., previous was 2021 £6m.

At Nov AGM, an Investor predicted placing March time, then member of company suggested a busy schedule could mean an earlier placing... Talk brought up December..

Throughout 2023, could the delays negotiating the final pieces of the MSC, Cargil, QED contract resulted in extra costs; consultation and legal ..

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Previously £3.24m carried approx 9 months to next raise, suggesting £360k/m

25th july 23

As a consequence, the Placing announced on 7 July 2023 and the Open Offer will have raised, at the Issue Price, £1.94 million (before expenses) for the Company.

Cash balances as at 30 June 2023 of £1.3m (2022: £4.4m). An additional £1.94m (gross) was raised in July 2023 via a placing and open offer.

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12th April 24

As a consequence, the Placing and the Subscription announced on 18 March 2024 and the Open Offer will have raised, at the Issue Price, approximately £2.5 million (before expenses) for the Company.

Cash balances as at 30 June 2024 of £3.0m(no mention of placing)

· Loss after tax of £2.9m (2023: £3.1m), of which of £1.5m (2023: £1.7m) is attributable to production and development costs and £1.3m (2023: £1.3m) relates to administrative and corporate expenses.

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At £360k/m, Junes £3m would last 8 months, suggests raise could come next month,

22nd Nov Update..

Maybe what is behind the price variations at the moment..as should be 1st commercial contract if successful...

Morocco

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Preparations for a 30-day commercial trial at OCP's Jorf Lasfar site are now substantially complete with all trial equipment and chemicals now on site in Morocco. Quadrise is currently awaiting the go-ahead from the client to commence the trial once their production schedules have been determined

When they eventually get the go ahead, on past updates its unlikely QED will announce any news until completion, or an issue... but each stoppage during testing followed a long wait to schedule in a restart...

Agreed farmout strategy in the event of an award of the Corrib South successor authorisation and potential to spin out Predator Oil and Gas Ventures Limited and list in Dublin;

Doesn't that potentially mean PRD share holders will lose the benefits of Corrib ?

In conclusion, Alban Bagbin said, "The House will resume sitting after the elections to complete all essential matters before a seamless transition to the 9th Parliament of the Fourth Republic of Ghana.

I guess that possibly includes the points previously listed which included ALL

Not a single post today, not a mention of that £65k trade

Up almost 80% since August, gapped up at 220p ?

Could there be a correction, or a sell off then rise to 300p

https://invst.ly/17-k3e

How is OMI's £18m MC looking for such grades ?

Seems cheap compared to O&G explorer discoveries, so is the area tested so far small....

Then again Hex is just $25m, Matd £23m, so it is as if the market is starting to ditch the £60m valuations for a discovery.. Just £60m when the carrot is out of reach, but for how long

88e £25m, with unrecoverable oil that likes its begging bowl, I guess excessive shares help prop up the MC

PANR £300m explorer....

Now QED, what could that reach as there is no comparison ?

Fingers crossed Assore put a bid in first, that will take the price up in 1 day..

Then it gets rejected before ratification, that will take it down in another day..

Then ratification with spod prices up trending ,

15" cube of gold as dividend 2030 for LTH ;)

DM laughed at dilutive funding, has touted non dilutive funding ?

even mentioned dividends...

https://www.youtube.com/watch?v=8S47Unwv6ps

Our cover has been broken....

Although we don't appear in the chat ticker , we do appear in trending gossip