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"They did isolate Quadrise and stated prospects detiorated. In laymans terms they are stating the performance of the company is diabolical."
Well now we're getting to the bottom of it aren't we
So they said 'prospects deteriorated' (prospects are possibilities, likelyhoods etc) to which you attributed 'as QFI has never delivered and continues to move project milestones from qtr to qtr. This is why Premier Miton sold out'
So they sold out because of doubts over future performance (prospects), not past performance as you stated HF
"The extensive tests undertaken by Wärtsilä clearly demonstrate the suitability of bioMSAR™ for use in both marine and power plant applications. This is an important step in clearing the fuel for commercial supply and we look forward to progressing our final round of tests ahead of planned vessel trials with MSC for both MSAR® and bioMSAR™ later this year."
Are these 'final round of tests' the obstacle to confirming the fuel supply agreement?
So while we're cutting trees down to build the scaffold to hang the BoD, there is probably plenty going on in the background that they can't share with us
"Another Haggis lie"
Bit harsh surely
"MSAR and bioMSAR could be going into commercial use in Marine next year if there's no hiccups with the LONO's. So QED will be raking in cash"
To be fair to the poster, he did caveat it with 'could' and 'if' so is it beyond the realms of possibility?
Hf14:-"I assume an MMU would have to be delivered and put in operation so that the heavy oil can be converted to MSAR and Biosmar The fuel would then need to be sold to customers that at the moment we have not been told they have any."
Isn't it more likely we will receive revenue from production not sales?
How do you go on in your EV when you get stuck in a blizzard on the motorway? The whole road is blocked and you're faced with being stuck in your car for the night. You use your battery to prevent freezing to death, but then when they manage to open the road the next morning you've no charge left. So all the EV's are then waiting for tow trucks, that can't reach them because of all the stranded EV's blocking the road?
Not having a dig at EV owners, I'm genuinely curious as to how this scenario gets resolved. And it's not like I'm plucking out of the air a '1 in a million' event, this kind of thing happens fairly regularly
"Still at the same point as we were years back on this.
Not really, I liken this to a POC for BioMSAR, so definitely a new hurdle overcome
"I will if the price ever gets above 0.4p with a decent enough spread"
Yeah we've heard that before and you could have got out for more than 0.4p last September
Oh yes, it wasn't your day to use the computer then, or something like that . . .
"Look at the 2Y chart. There is nothing there to make me change my view that this is going to 1p"
Look at the 3 year chart, seems to bounce off the 1.2 support line regularly
Not nonsense, Cambridge dictionary:-
Something that is known to have happened or to exist, especially something for which proof exists, or about which there is information
"This is not an opinion it is a fact."
It can only be a fact if it has happened
"If QFI are struggling for money then MSC will move onto the next one, not prop QFI up."
How to succinctly demonstrate in one post that you have no idea about QFI's unique position
Yep, got all that, but which is the 'low hanging fruit', scraping it up off the surface or drilling wells? In other words, for a quick return on investment won't they just quarry first?
"2. Thousands of wells."
I thought they just shovelled the tar sands into the Petroteq process plant?