Member Info for Fyoz

It may l be viable just as an asphalt producer, but, the way I look at the reference to marine fuel, they've got eyes on the big prize, and I'd imagine their investors have as well

Low capex, around $25 per barrel, so they are profitable with bitumen at $43, but it's clear the prize is WTI, and that's where we unlock the real value

"Valkor could easily sell their oil at a decent profit without our technology"

But it's not 'fuel' without our technology, it's bitumen, and probably not viable

Don't get too excited, probably one of our long term holders (traders). Sold 2m @ 1.9p 2 weeks ago, bought back today @1.63p and pocketed an extra 333k shares

Rinse and repeat . . .

Today WTI + $15 is approx $92

Bitumen is approx $43

So, converting the extracted bitumen to WTI using Quadrise's process, more than doubles it's value!

It's going to be very interesting to see how Lafayette do with their IPO next month. It could be a great indicator of how US investors are viewing the prospects in Utah

"What is the situation with finding customers for the prospective Utah MSAR?"

Direct quote from Michael Peterson's LinkedIn post 5 days ago:-

"We have set up above ground facilities, have negotiated an off-take sales agreement expected to be at WTI + $15, and will be turning on the down-hole heaters this next week in order to begin commercial production."

From Michael Peterson's LinkedIn post:-

I am now stepping down from being CEO of TRIO, as planned, so I can focus full-time as CEO of Lafayette Energy (“LEC”) which I have been building for two years. Lafayette is an oil and gas development company I founded in 2022 that is developing a 2,880 acre section in a tar-sand asset in the Uintah Basin.

Utah tar sands are only commercially viable (I stand to be corrected?) when combined with Quadrise technology

So, while the shipping behemoths take their own sweet time deciding if they want our fuels or not, Lafayette (Valkor) are doing an IPO next month to fund progress at the Uintah Basin. They have agreed off-take sales, and are beginning commercial production next week

No wonder Jason bought £15k of shares when he was able to

"“ Week after week, month after month, quarter after quarter and sadly year after year pass, with nothing but experiments, trials and negotiations. Where are the commercial contracts?????”

Trader talk for 'keep on bashing, nearly at my buy back in price'

"They can’t withhold bad news because it’s illegal."

He KNOWS that, it's just the trader in him trying to spread Fear, Uncertainty and Doubt to profit at the expense of jittery holders

"WongaFC I have followed your lead also sold a few million over the lasts week.

Im begining to think its bad news on MSC and the BOD are holding back waiting for other good news before they inform us as to what the delay is"

They can't withold bad news until it suits them

'Trader' tag-team FUD in full flow now

"Sadly it would appear we are predictably heading back to 1.5p?"

Happily we're up 10% at the moment

Never mind grumpy

" I don't go round suggesting people forget their investment and come back in a year."

But it's his opinion, that's all there is on a BB, so you want to censor the posts you don't agree with? All the bilge you produce, and you have the audacity to try to take the moral high ground. Get over yourself you absolute clown 🤡

"what utter nonsence.Keep your suggestions to yourself in future"

Says the one who's made 78 posts in the last 30 days 🤣

"I'm struggling to understand what that means"

RNS = Regulatory News Services, the way companies fulfil domestic and international regulatory obligations, communicate with shareholders, analysts and institutional investors

If it's not published in an RNS then it's just opinion, heresay, conjecture, supposition etc, but of course you know that

My joke was 'an insult', but "you're clearly delusional" isn't? 🤭

"This all makes me wonder how long it will take for Maersk to do a full 360 turn back to Quadrise"

They won't need to, Cargill supply Maersk already. So is that the stumbling block to the agreement, MSC aren't happy with Cargill's relationship with Maersk?

"The trouble with the likes of Fyoz"

Is that he looks at the bigger picture, goes back and reads the RNS's (the ONLY reliable news), and makes the conclusion that unless told otherwise, things are progressing. He also doesn't join in with the fake angst and teeth gnashing that the traders want this BB to fall for, to panic weaker holders to sell, and fulfill their trading routine. He's supporting the BoD as they try to get any one of the five current projects to commercialisation, and them making sure we don't get shafted by our giant partners along the way. And, no doubt in my mind, they're as frustrated as the rest of us at the glacial pace big corporations take

And if you're insulted by a joke, I say either grow a bigger pair, or filter me, I don't care

Sorry wrong link

https://www.youtube.com/watch?v=HXiZHXkG-ac

"Will you then go to the Quadrise office and demand some answers Vince ?"

I'll scweam and scweam and scweam until I'm sick 🤣

https://www.youtube.com/watch?v=CxwJrzEdw1U

Ago today we had this RNS:-

"This Agreement marks a hugely significant step for Quadrise. We are delighted to be progressing towards the commercialisation of our technology with OCP, who are world leader in their sector. This Agreement provides a clear pathway to long term commercial revenues and an opportunity to create a supply point for our fuels in the Mediterranean, a strategic location for marine bunkering.

We look forward to progressing commercial supply discussions with prospective suppliers and to working with the OCP team to complete the commercial trial. Based on the success of the previous trial, we have every confidence in its successful conclusion."

Less than 2 months later and it's daggers out for JM and the BoD

Get a grip peeps

"Even if something they are responsible for comes off will never forgive them"

So, if only Morocco is successful, but goes on to bring in many other industrial clients, and QED shares reach, say 50p, you'll never forgive them?

Jesus wept