Member Info for elir71

Yes, indeed, "in good faith", doesnt stand up in court. There really does need to be an agreements even if it is only a limited agreement.

Torreaguas : "Can’t see how it is developing at present as no qfi staff can get to Utah and no Msar equipment can be there either."

The equipment could be shipped as normal.
QFI staff could also travel to the USA, by stopping off for 14 days is a country that is not on the restricted US list.
As Iceland is not in the EU (nor other US restricted places)
and it is possible to travel to Iceland from UK ....
"Everyone flying into Iceland must chose to pay to be tested for coronavirus (COVID-19) or self-isolate for 14 days upon arrival."
.. then wouldnt a deployment including a 14 day stop off at Iceland facilitate the travel of the essential QFI staff ?

Just to clarify, I believe that the sulphur content of the reserves at Asphalt Ridge are low in sulphur content, so the resulting fuel from the MSAR process would qualify as being low sulphur and could be used in ships without scrubbers outside of emission control areas (Baltic, North Sea, Eng channel east of 5 deg W)

https://quorumzine.gitlab.io/quorum/content/2020/07/20/quadrise-msar-asphalt-ridge-analysis.html#opinion_how_quadrise_msar_could_help_greenfield_unlock_asphalt_ridge

containerships, tending to be bigger and faster than the general cargo ships i last mentioned consume a lot more

https://transportgeography.org/?page_id=5955

The process that makes MSAR can produce a fuel which is low sulphur , which does not require scrubbers or fuel which is not low sulphur, which would require scrubbers. It depends on the properties of the fuel before the MSAR process.

WIth respect to the question about typical consumption. A typical general cargo coaster 100m length engaged in charter consumes about 7 Tonnes a day. They would be already fitted with separate fuel tanks for MGO and HFO so the HFO tank could be used for MSAR. These small coasters would not have scrubbers fitted. Oil tankers, however do often have scrubbers used for the production of intert gas for their emptying cargo tanks. I dont know if these existing scrubbers would be suitable for use as "general service" exhaust scrubbers

Key bunkering points include Ceuta, Kiel Canal but also by bunker barge

one small trade at 2.5p at the open .... we'll see if it backed up by volume

same here, huge spread

Didn't one of the parties mention that they expect to make an announcement about an agreement in "the next few days" ?

true, unfathomable until the reality barrier of real profits is encountered !

https://www.proactiveinvestors.co.uk/companies/news/81/idiots-guide-to-the-london-stock-exchanges-setsmm-0379.html

explains the why it happens I suppose

is there any source of news on how much royalty QFI expects per barrell ?

Im new to the site. When I look at trades does "buy" mean investor buys (market maker sells)
The reason I ask I recognise an investor purchase of shares today by the exact number, though it appears as a "sell"