RE: GOLD25 Mar 2023 14:00
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KevR, Up on rumor, down on RNS, thats the sell on news rule....
But AEX, there was an article posted, heading from Tanzanian news, I google translated full article, nothing,, next day RNS same subject nice rise....
QFI, lots of delays, could be tradable until completed... after any cash raise.. interims very soon
posted on BB
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“The POC tests will commence in H1 CY23 after the Leandra returns from its scheduled maintenance and regulatory class inspection in a dry dock. This is slightly later than the Q4 CY22 start shown in our March note because of the time taken to purchase the Leandra. Assuming that the results from the POC tests are positive, MSC will then finalise agreements with third parties for trial and commercial fuel supply and conduct lengthier trials (4,000 hours of operation) to provide commercial operating experience, potentially culminating in obtaining LONOs from the engine manufacturer, Wärtsilä. Management expects that the LONO trial will take around six to eight months to complete. As the trials progress, Quadrise, MSC and other key stakeholders such as refineries will hold discussions, which are likely to commence in CY H223, regarding the supply of bioMSAR and/or MSAR for use by MSC’s global fleet. A single vessel would consume 0.6kbpd of fuel.“
https://www.edisongroup.com/research/key-role-in-transitioning-to-net-zero/31706/
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@Tro, always info overload...
talking of raises,
PRD, did its raise 5.5p, estimated 6 weeks to drill MOU-3( I think), a delay gives a chance for a rise...often delays there