Member Info for EarEyeAm

Metatron = TROLL = FILTERED

Which one are you, Whiskyman01, PreparationH, all the same, just one person multiple logins with only one reason to visit this board, to abuse and attack me, sad sad little man.

The Transcript is available on YouTube too now for those with hearing issues. On the video description underneath the video click on "...more", under Transcript click "Show Transcript" and it will appear on the right. It's not perfect especially with some of the things they say (MSAR, bioMSAR for example) but it's certainly doable. And you can highlight and copy text, although you need to do any corrections to words or grammar wherever you paste it.

"My feeling is that we're getting very close now"

"We've had meetings, again, face to face. We're experiencing that MSC is committed to the two trials that have been agreed, so one for MSAR and one for bioMSAR, but we are also experiencing that they are very helpful when we're talking to Refineries and others, and pushing, and endorsing, not only the trials but the building scale-up in terms of decent supply afterwards"

Peter talking about what's left to clear on the MSC contracts "My conclusion that these are small is based on 30 years of doing shipping contracts and, the issues that are remaining I believe is of a pragmatic nature rather than a principal nature, but with large companies you want to make sure and you will involve your own legal departments."

From the video, part of what Peter said on the MSC trials:

"My feeling is that we're getting very close now"

"We've had meetings, again, face to face. We're experiencing that MSC is committed to the two trials that have been agreed, so one for MSAR and one for bioMSAR, but we are also experiencing that they are very helpful when we're talking to Refineries and others, and pushing, and endorsing, not only the trials but the building scale-up in terms of decent supply afterwards"

MSC 'pushing and endorsing' !!

IMC Video now on YouTube at https://www.youtube.com/watch?v=xxAjOFVR9B4

IMC Video now available for replay! https://www.investormeetcompany.com/meetings/interim-results-555

I've been saying for ages that MSAR can be rolled out as soon as the PoC is and it's data analysis completed, I'm glad we have it now in as clear a statement as anyone needs, making it undeniable. Yes, we need to sign up a refinery supply, but QED has 25 on it's shortlist and sees the one's it spoke to 4 weeks ago in Singapore as potential for the first MSAR supplier(s).

This is without doubt the best comment I have ever heard coming out of a QED meeting: [MSAR] "We will roll it out as soon as a client signs up for it" which was spoken in a very positive way.

So QED are ready to go commercial with MSAR even before the PoC, if one of these many other shipping companies wants to go MSAR before MSC get their PoC (which is more about confirming data on the vessel and, the logistics) then they can give QED a call, get their insurance cover, and QED ca get on with setting up supply.

From the presentation: "1,000bpd starting demand at Sparkle with potential. 12,000bpd from other regional power plants."

From Proactive: "Based on estimates from Shore Capital, the house broker for Quadrise PLC (AIM:QED), the company could charge approximately $50 per tonne for its fuel technology."

From Quadrise: 6,000 barrels per day = 1,000 tonne per day

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Scenario 1

Therefore 1,000 barrels per day = 166 tonne per day

166 x 365 = 60,590 tonnes per year

60,590 x $50 = $3,029,500

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Scenario 2

Therefore 12,000 barrels per day = 1,992 tonne per day

1,992 x 365 = 727,080 tonnes per year

727,080 x $50 = $36,354,000

Something to look at if you missed the presentation and are waiting on seeing the video when it's released later.

https://www.investormeetcompany.com/meeting/interim-results-555/presentation.pdf

No real hold up now on Panama now, just need to get the supply and commercial agreement done.

Insurance premiums for using MSAR under it's Interim LONO are not seen as an obstacle to rolling out the fuel after PoC and, as more data (PoC, first users) accumulates, the insurance premiums will go down. These type of insurance premiums are already being used for other fuels (I'm guessing Biofuels).

Singapore mentioned as a good option for MSAR production, a place they visited 4 weeks ago.

Peter expects all bilateral and trilateral agreements to all be signed together.

MSC agreements question - they are putting commercial scale up into the agreements, Peter thinks that will be for MSAR

25 refineries on our shortlist

He is just answering my question about MSAR "We will roll it out as soon as a client signs up for it"

From the presentation, Peter thinks that big players most interest will be in MSAR.

MSAR being available as soon as it's PoC is completed, as per the Q&A I posted earlier.

Forget LONO for now, it's all about the MSAR earlier roll out.

From the presentation 'Pretty healthy position cash-wise'

Panama slide screenshot from the presentation https://ibb.co/hFpQbmqN

1000bpd Sparkle Power

12,000bpd from other regional power plants