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"Who would not be happy with that as an outcome"
The incumbent fuel supplier
This is our number one barrier to entry in a competitive environment. I suspect it was the reason for the demise of the KSA project, and could also be causing delays in Morocco. It's why I like the Utah projects so much. We're not having to oust an existing supplier. If it does what it says on the tin, then we should be able to bring that to market very quickly
"What is the specific definition or examples of this?"
I'm thinking along the lines of:-
Following the successful completion of the LONO trials, MSC have signed a binding agreement to have 50 of their class XYZ ships converted to utilise Quadrise's Bio MSAR fuel. The fuel will be produced and supplied by blah blah. Quadrise will receive a royalty payment of $XX per tonne of fuel produced. MSC have also secured an option for a further 150 ships on the same terms etc ad nauseum . . .
Or something along those lines. I imagine the SP would re-rate pretty quickly on such an announcement, before a single penny of revenue is received
"No it’s not. It would take commercial revenues to entice serious traders and investors "
Can't agree with that. Once we have a 'visible route' to revenue the buying will increase dramatically. Some more positive RNS's might prompt the 'fence sitters' to get in a bit earlier
Seems to be a big disconnect between our future prospects and the SP at the moment. I'm sure a lot of it's down to past failure to progress projects to commercialisation. Some is perhaps also that we're in the unloved fossil fuel sector at the moment. Maybe if the MC can gradually increase, we can attract investment from funds that are more open to our de-carbonisation credentials
Just looking at the current Valcor project though, using the minimum output of 20 barrels per day, a $10 royalty per barrel, 20 wells in production, plus the technology transfer payments, and using a PE ratio of 50, would equate to an SP of about 4p. And that's just this one initial programme with Sweet Heavy Oil
No wonder Jason put 15k of his own money in while he had the chance
I think the whole pleasure craft arena could be a big opportunity for us. I imagine most recreational boaters have a tinge of conscience that they're polluting the very environment they enjoy so much. A net-zero fuel in this sector must be a sure fire winner, and it's a massive market globally. Another significant iron in the fire
"But a number of articles I've read on businesses that are failing or have failed"
Maybe try reading about some success stories, like James Dyson, who 'failed' for 13 years before getting it right, and is now worth $13.2b
The '13 years and still waiting' brigade make me laugh. If you've really been around for that long, you'd know that this incarnation of the company is no longer QFI. QFI were peddling a cleaner version of a dirty fuel. QED are offering a much greener solution, and soon to be offering a 'net Zero' option. If you start to think of it along those lines, you'll realise we're almost a 'start up', and the fact we're signing contracts with multi billion dollar partners, should be applauded not continually derided. Yes it's been along wait, I'm as frustrated as most here that we're still pre-commercial, but I'm backing QED and the BoD 100% to start converting these agreements and trials into revenue earning contracts. It's a cliche but I believe we've never been closer
"If you want to stay informed about Valkor, it's essential to follow both Tomco and the Valkor Group's website in addition to this platform."
I don't need to, I can see the good news coming in from the QED RNS's. I was merely pointing out that that there has been news recently, and it is causing the SP to rise (not necessarily in a straight line)
"while the stock continues to rise on no news?"
The open offer was oversubscribed, the CEO put £15k into subscription shares, and Valkor have approval to drill a well. I'd say that's news enough to prompt buying and hence the SP rise
"his confidence shone through and you can see from his demeanour he knows it all going in the right direction and soon."
Too right Clintek. He absolutely knows we're on our way now, and he's just chucked £15k of his own money in, even though he already has 7.5m of 2.5p options. He might as well get a megaphone and shout 'pile in at these prices while you can'
POP!
Great interview/update by Jason, came across very credible to me
Not quite sure whether he's peeling the foil, taking the wire cage off, or his thumbs are actually pressing on the cork, but with all our projects progressing well now it's almost celebration time 🍾
I'm talking about private investors, people who trade for themselves as their job, a lot do it in America. They won't be getting up early to buy UK shares, but they might be aware of Valkor and QED by association and take a better look
Traders can make swift profit on this now, as well as LTH's. 3 years ago we were in the 4-5p range, and we're in a much better situation now. We've suffered some dilution since then, but even 3p now would be a bargain in my opinion
Surely we're on our way now?