Member Info for Fyoz

The lack of RNS's does not equate to the lack of progress. Just the lack of notifiable events, which is not the same thing. Sure I'd like to see more open communication between the BoD and shareholders, but sometimes it's not within their control

In my world the absence of bad news is good news

A £1k per point rolling spread bet on QED has a downside of about £1500, and an upside of 🚀

Not advice, but I took mine out on Friday for a deposit of £325

"It's been in filed status since around September."

Fair enough DoN, I do regular searches and the link to NASDAQ is new. Also, I'm pretty sure the website is new, especially the direct references to Quadrise

OK so this is quite a substantial demand for our fuel if it goes to plan. I would like to think we could achieve at least a $5 per barrel royalty (if the value of the processed fuel has increased by approx $90). That equates to an annual revenue of around £87m. Admittedly it's a longer term target as it requires producing 1500 wells, but at least it's numbers we can crunch, and market analysts are very much focussed on future potential. And all this just from one of our ongoing projects

"Plenty od old news and old linkedin posts being posted again"

What old news being posted? A broken clock is more reliable for accuracy than you

Https://www.nasdaq.com/market-activity/ipos/overview?dealId=1222982-108679

Company Overview

Proposed Symbol LEC

Company Name LAFAYETTE ENERGY CORP.

Exchange NASDAQ Capital

Share Price $4.00-5.00

Employees 2 (as of 09/19/2024)

Status Filed

Shares Offered 1200000

Offer amount $6,900,000

We're mentioned twice on their new website:-

https://lafayetteenergycorp.com/oil-and-gas-targets/

Marine Fuel​

150% of WTI (Quadrise Technology) ​

With SOx and other regulations, Marine fuel is costing upwards of 200% of WTI​

Adding Glycerin and water and Quadrise process to this no-sulfur oil, creates a marine fuel product​

Operator has North American exclusivity for Quadrise Technology​

In discussion with 2 Marine Shipping companies

Requesting 300 bbls of product to test​

Indicative demand for 60,000 bbls/day @ 150% of WTI​

Heavy Oil sold at Market​

150% of WTI (Quadrise Technology) ​

Processed on Site​

Trucked/Rail to Cushing or​

LA refineries​

Transportation expected​

to be $10/bbl​

"It is being cash posituve that is essential"

Nope. All we need is to notch up enough interest for one or two majors to decide it's time to buy us. If we can finalise the long agreement, pass the next trial with OCP and agree terms with Valkor, I reckon we'll be on the shopping list of at least a couple of suitors

New post on LinkedIn, not really Quadrise related. She appeared as an expert witness in Propel Fuels damages claim against Phillips 66. Propel Fuels were awarded $605m. Great to know we have such a competent person on our BoD, and that she's happy to be professionally aligned with our company

"we have 3 project managers and what have they been doing all year ? Nothing regarding Utah or MSC that is for sure."

Not 'for sure' at all, they don't report to you, so you've no idea whether there's been progress or not

"Only 8 more working days before the day of the AGM. it is like being on death row your hoping for news before that day comes but in reality you know it is extremely doubtful"

So what? We're funded for another 8 months or so, get a grip man, anyone would think you're trying to spread some FUD

"Quadrise has basically ruined my life up to now"

To quote John McEnroe, 'You cannot be serious' 🤣

"Pretty much don't care whatsoever who listens or doesn't"

Of course you do, you'd just put it in a diary otherwise

"What's in it for them to be dragging us along like this?"

And Cargill, and MAC2? Absolutely nothing, which is why, until we hear differently it's still in ongoing, although at a tortuous pace admittedly

"Fyoz....I see Hotfinance's comments as tongue in cheek"

What about these 46G, all tongue in cheek? They go on, ad infinitum

The Orns...I agree and would expect sub 1p if no news before the AGM

No mention of viewing the AGM via IMC this year.

Obviously there has been no further progress and therfore no communication

I would add if we have no news before the AGM then sub 1p is on the crads.

With the expected gloom from the results and lack of any news I can see this going under the open offer price of 1.25p

"will the AGM theme song as you enter the meeting room be Dire Straits Money for nothing :"

And you would have everyone believe that you remain a holder, even though you think the BoD (and presumably the rest of the staff) are getting their remuneration for doing nothing?

My own opinion is you can't possibly be a holder and want success for this company with the constant criticism you post on a daily basis

IMC are covering the AGM on 22nd Nov

The way I understand it, buys or sells within the normal market size (NMS) are executed through the market maker. He holds enough stock to maintain liquidity. So a transaction marked as a buy, has been initiated by someone purchasing stock, and will have a corresponding sell trade from the market maker. My assumption is the market maker decides how much stock to hold based on the level of risk he's prepared to take

"The whole episode is embarrassing . Literally nothing of any consequence has happened with the share price . 21% of nothing is still nothing ."

It's not 21% of nothing though is it? If you'd bought a million shares last week and sold them this week you'd have made about £3k. Find enough opportunities like that and you're laughing all the way to the bank

"Historically there has been no leaked news from Quadrise"

Doesn't have to have come from Quadrise. Could be OCP, MSC, Cargill, MAC2, Valkor, Trio, Lafayette, HSO, BTG etc

"negligible sulfur content, which is expected to make the oil very desirable for many industries, including shipping"

Utah will be the making of QED