Member Info for Fyoz

Indeed S4K, we've seen dramatic rises before that turned out to be spikes, but they did shoot up briefly and that won't be lost on momentum traders

Well I've been a complete idiot according to PJ and averaged down, caught the falling knife and all that, so another 0.8p will see me go blue

lightjaw " I still give our chances of still existing in 12 months as 50/50."

If we're still here in 12 months that means we'll have either a decent contract or even more funding. In which case I'd say the SP will be well north of where we are now, making your 50/50 chance a screaming buy surely?

Look's like there's a flood of buys meaning there may be new investors who haven't played in the AIM casino before. Normal investing strategy might suggest that you use a trailing stop loss to safeguard against a downtrend. However, this IS a casino and rigged in favour of the house (the market makers). If you place a limit sell order, say for example at 20% lower then you bought in for it, appears on the order book. If there's a spate of heavy buying and the MM's run short of stock, they can artificially drop the SP to trigger your stop loss (tree shake), effectively letting them buy cheap shares off you. They can and will mug you if you let them . . .

Other companies I've been invested in have issued warrants as a sweetener to a financing deal, but they usually have an agreed strike price at the time of the announcement. If the SP then rises, and the warrants are exercised, the company has to issue shares at the lower strike price, causing dilution to other holders. The beauty of the structuring of this deal is that the warrants will be exercised at the current SP which will bring in welcome funds but won't dilute existing holders. The benefit for Aleph will be the commission they earn from any sales agreements and presumably future dividends on the shares they'll hold. But because they're effectively paying 'market price' for the warrants there'll be no benefit to them dumping them straight into the market, (as can happen when they've been realised at a much lower price), which can stifle an uptrend, or even reverse it if enough shares are being dumped

You should join a cult Boom, they love to mindlessly repeat the same pointless mantra

I'm not a fan of issuing warrants, but QFI have been clever here and have included the announcement day and the day after for the purposes of calculating the strike price, which will undoubtedly be a higher price than if it were calculated on the preceding days. Nice work BoD

Which part is nonsense? I've been in this for over a year and the SP is flat. They haven't sold an asset yet and so the business model is unproven

But I appreciate what they are doing hence why I'm invested. But because we're not an oil company as such (apart from in California) it might be more of a slow burner than the operators & producers. I like the strategy though and will add more as and when I can

Not surprising really. The strategy is to monetise each individual asset, ie, invest in the drill, get decent results, then sell it on for a profit. Use the new proceeds to invest in a bigger asset, rinse and repeat while opportunities exist. So, we haven't seen the profits from any of the assets yet, so the business model is, as yet unproven. When they sell on the first asset and investors can see that it works, we should start moving north. Still a 2-3 year investment for me

Can't agree with any of that. They focused on Maersk because MSAR does what Maersk wanted it to. Not the BoD's fault Maersk had a change of strategy. KSA was almost a resounding success, 5 of the 7 contracts were signed, again not the BoD's fault that the electricity company and the oil company couldn't resolve their issues

I don't think for one minute the company was or is on the verge of sliding into obscurity. They needed operating money and chose to raise via existing holders. I am in no doubt that if needed Freepoint would (and will) arrange financing should the need arise

Mike Kirk has gone on record saying 2019 WILL be the year that Quadrise delivers on it's potential

It really is the time to start thinking positively

Any new investors here or perhaps those sitting on the fence right now, might consider £1 a pure fantasy. However, when I first started buying QFI shares they were well into the 40's and the potential to multi-bag from there was being well touted on the BB's. At the time we'd just completed the POC (proof of concept) trial for Maersk and the next step was to be the LONO trial. KSA was being discussed but we were essentially a 'one trick pony', yet a buy-out price of hundreds of pence was regularly discussed

Fast forward a few years and where are we now? Still in the race, but it's become a marathon and I don't know if the finish line is in sight yet, or if we've really just got started. However, we do have agreements in place with JGC and Freepoint, that each could lead to contracts that would be transformational for the company. JGC have said they expect it to become a significant new revenue stream for them, and Freepoint are on record saying MSAR has clear economic and environmental advantages over existing fuel sources, and are looking to progress and accelerate selected MSAR projects globally. We also have a European oil major paying us to test their residues with a view to possibly producing and consuming MSAR at their refinery. AND, KSA is not dead. The fast-track option may be off the table now, but the potential to save $500m per year off anybody's fuel bill has to keep coming back for discussion surely?

So given that any of the above may develop into a decent income stream for the company, and that eventually all may possibly progress to become earners, is £1 such a flight of fancy? It probably still is at the moment, but, back to the marathon we're running with a blindfold on, we may be closer to the finish line than any of us realise

Somebody is buying QFI shares, but in chunks spaced apart so as not to ignite the price, but I for one am starting to get excited

I don't know much about TA, but a friend of mine uses 100 and 200 day moving averages to take a view on positive or negative sentiment. I would suggest we're now moving into positive indicator territory, and that in itself might attract some buying, which could push us up a bit further yet even without news

Whatever is going on it's nice to see the SP heading in the right direction

"the shares have increasingly depreciated."

Look at the 1 month chart then, that might cheer you up a bit

Is something stirring?

"So why is the share price down?"

Because it wasn't the news we wanted, and those crafty MM's were cashing in on impatient sellers . . . £40k worth dumped this morning

OK not the RNS we were all hoping for, but another step in the right direction with regard to shareholder communications. If you're impeded by NDA's and can't tell investors about progress being made, this could be a way of getting your message out

All part of Mike Kirk's cunning new plan?

RBD are not the operators, Integrity are, they determine timescales

because he doesn't own the land, doh . . .

Ophidian "A chunky share buy back would work nicely right about now"

I agree, and would they be able to accumulate enough for the JSE listing or do they need to be new shares?

Good find BOTAK

I like this :-

Freepoint tie-up could be transformational
But while previous trials and agreements haven’t led to anything more formal or commercial – something reflected in Quadrise’s £27mln market cap – there is much more optimism surrounding a recent tie-up with US commodities powerhouse, Freepoint