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Well it was a long time ago......QFI made the front page of Investors Chronicle
Back then the talk was of MSAR replacing Saudi HFO power stations
The company should tell investors why it is that over ten year no msar has been sold!!.
Its not that the original technology bought off BP had not been sold been commercially....it had....MSAR is supposed to be a superior product ...so why have they not sold.....its sold frustrating....year after year and.nothing to shop
Morrocco seems to be taking forever...
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Sam
I had a chuckle when I read your post..... Its exactly what I say to my wife when she announces the latest cruise/long haul holiday she's spotted on the internet.........when Quadrise comes in!
Indigo why not just discuss instead of resorting to insults like your potty mouthed mate
We all want the same thing at the end. Whats the point in just insulting someone you strongly disagree with...or have run out of things to say...in which case just ignore
Its a moot point but as we all know any price sensitive info has to be released .IMV this aint price sensitive. I just want the board not to be diverted from their main task.
If you remember QFI had to rush out an RNS after Tomco/Petroteq released a statement mentioning the future use of MSAR. Now that did influence the sp if only for a short time
Yes I know I come across as a moaning Minnie but Ive been deeply under water for years.
Only Jacque Cousteau has been deeper
Really? ....Will it affect the share price...
Is that not the critical issue
I have been a substantial shareholder in QFI for over ten years. ...Yes ten years MSAR has been around that long... over that time we lt holders have been bemused by the inability to clinch a single conract.....it finally look like something might finally happen
..But why issue an rns for a collaboration with a little nano cap?
Green msar is a totally different product...how long will it take to commercialise ....years....MSAR is over twelve years and counting
Del Trotter would probably have had more substantial accounts than Aquafuel
Don't see the point of an RNS. ..They need to knuckle down a get some money in and lift the SP they've been trying? long enough. PS do you know has a controlling interest in this company? Does any body?
Anybody looking for a laugh just look up Aquafuel Research accounts on the Companies House website. Even Del Trotter would have had bigger accounts.....
The potential end users for MSAR were known back in 2013....when I first invested.
I come back to the point. Kirk's has been unsuccessful in finding one end user in all his time in post.
Petroteq/Tomco need to sign up end users before producing MSAR. And once Kirk gets involved with the process it will take an age given his past record.
The most infuriating thing about this company is the lack of urgency in pursueing opportunity's in the shipping industry. Maersk withdrew over two years ago . But Kirk rarely mentions it despite the take up of scrubbers by shipping owners. His lack of communication is baffeling
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If MSAR can be produced @ 10000 barrels a day who on earth is going to buy it? Maybe a trial?
God knows Kirks being trying for years to sell the stuff
Numerous MOU's issued.....result ..nothing
Maybe they should renamed Memorandums of Misunderstanding
McDoog - As Buffet said the stock market is where money is transferred from the impatient to the patient. The business case for MSAR has never been in doubt thats why Ive stayed in .
But the Board controlled/appointed by the major shareholders who cloak them in secrecy has never been forthcoming with information. Many PI's have sold in despair at the bewildering turn of events. over the past few years
McDoog - Im not surprised from your experience. I have been invested in Quadrise for several years. The Tomco debacle says a lot about about this company and the way it is run. Forced to issue a RNS by the Tomco article
Never did get to he bottom of the Maersk debacle or buoygate as it was known.
Saudi another mystery.
But finally .......... patience just might be rewarded in the next couple of years
Strange how Morocco tourism can reopen but a few guys cant gain access to an oil refinery.
Same old flannel I'm afraid. Kirk is an expert in making it sound so investable . Trouble is he's been saying it for years and has got absolutely nowhere.
Mike talked about entering the bunkering market......... but when asked about completing LONO trials he couldn't even confirm when that might happen....FFS.....
Boystorch
I do hope your right.....is it correct that to draw down further funds from the loan facility there has to be a substantial improvement in the sp?
Listened to conference. Some glimmers of hope as always. But essentially same old spiel. Your struck by Mike Kirk's and Jason's lack of enthusiasm in their answers. There is secrecy of course NDA is routun. Its always the same...there in talks..waiting further infomation
I was left underwhelmed. Reading the trading update one thing that did find disturbing was the amount of money used to issue the stock warrants...crazy amount
I'm a long term investor who missed the chance to jump ship long ago
Now it seems QFI could be going down with all hands on deck in 18 months.
As Capt Kirk was told by Bones...Its Oriemulsion Jim.. but not as we know it