Member Info for Fyoz

So impressive the way he can get the point across without any waffle. A very exciting period coming up with 4 more wells to drill in the next few weeks

Stop teasing us te

Ooh that's tempting fate TheOrns

Very Strong Buy (where are you Hawky?)

20 day EMA upward crossing the 50 day EMA usually indicate a buy signal

I'm not a TA man myself, (prefer good fundamentals) but this might bring some fresh money in

LF claims to have held since 2014 yet made his first post on this BB on 14th Jan 2019

I smell a 'rhymes with cat'

I won't waste any more of my time on him, he's now filtered

We can all sell our open offer shares for a profit now

Yeah right . . .

blackwash

I'm tempted to create a new profile then I can double recommend your post. I sometimes struggle to put my thoughts into the right words that convey the message I want to get across, you have absolutely nailed it

"In 2018 when the company had to urgently raise money from existing shareholders to prevent "an orderly winding down" of the company"

This is why you get labeled a deramper LF, because you twist the truth to suit your axe grinding agenda. They did not HAVE to raise money from existing holders to keep the business afloat, they had options, but CHOSE to raise via an open offer. As I have explained to you previously, and it was stated in the investor conference call, that was their preferred option, as requested by several shareholders

Message to investors from Mike Kirk, 2019 is going to be the year we make the change from being a great opportunity to delivering on that opportunity

Straight from the horses mouth . . .

LF "Fyoz you are ridiculously rude and seem to have a limited knowledge on how businesses are actually run! What is your professional background?"

My professional background is irrelevant, so is yours. You asked what are they doing other than Freepoint. To me it was a dumb question (or another dig at the BoD) so I responded likewise. I am not 'balls deep' here, it's not even my biggest investment, yet it still has the most potential

As long as you keep saying silly things like "QFI almost had to liquidate the company because they had no money or clients" I'll respond in kind. To put you straight on that, they had a plan B to raise funds if the open offer wasn't successful. Only IF they couldn't raise funds would they need to CONSIDER winding down the business. That's a big difference to your 'almost had to liquidate'

You've mentally written off your investment here, and are venting your disappointment at the BoD. In my mind we're still very much in the game and this BoD are more likely to succeed than fresh replacements

PJ "I called the SP accurately on the iii bb for years.....he wouldn't have any."

You disappeared when it went from 2.75p to 13.6p though didn't you . . .

He is a clueless tipster. This is what he said about BMN (my biggest investment) in Aug 2017:-

"Bushveld Minerals (BMN) shareholders, aka the dumbest f*cks on AIM, are still largely in denial about the fact that a major placing is imminent. This is because they do not understand the difference between profit and cashflow or indeed much else about basic accounts. I will try again. Owning 27% of a company with modest EBITDA (bullshit earnings) is not the same as having a source of cashflow. In fact I bet you an ounce of Vanadium that Vametco will not generate a free cent for Bushveld this year or next."

At the time he wrote that BMN sp was 9p, today it is 40p (and the latest broker forecast is 87p) and the company is now making over £1m profit per week

Trust him at your peril . . .

LF "Aside from Freepoint what are they doing?"

I'm not sure if you're just lazy or incapable of doing even the most basic research. If you look back through the RNS's you'll find this from end of Nov:-

The Company is pleased to announce it has signed a Memorandum of Understanding ("MOU") and MSAR® Pilot Test Programme ("MTP") with a European multinational integrated oil and gas company (the "Major").

Further to the MOU, Quadrise and the Major intend to work together to discuss, promote and develop specific business development opportunities to identify potential MSAR® clients for one of the Major's European refineries (the "Refinery"), to develop a focused high level MSAR® fuel market assessment for the Refinery and to pursue and obtain a feasibility study agreement from a potential MSAR® fuel client for the consumption of MSAR® produced at the Refinery during 2019.

Under the MTP, Quadrise will be undertaking testing of specific Refinery residues for the Major at the Quadrise Research Facility during early 2019 on a paid basis to demonstrate and optimise the blending of Refinery residues to MSAR® fuel.

This is a paid for exercise, which may not bring in much, but shows that at least one refiner is now willing to spend money to find out if they can benefit from using QFI technology

We also still have the MOA with JGC, although I'd expect that will still take time to reap any reward if it involves planning any refinery shutdowns

Get my vote of confidence. For all those bashing them consider this. Where would the SP be now if Maersk hadn't pulled the plug on the trial and had proceeded to use MSAR in some of their ships? Where would the SP be now if the Saudi electric company weren't in dispute with the oil company, and the trial burn had been successful? The guys that negotiated those deals and project managed them, to almost fruition, are the same guys we still have now. They haven't jumped ship in search of a cushier position, they've reassessed the situation, trimmed the finances and gone in search of a new approach. They should be applauded for doing all they can to turn the company round. They've now raised funds by including existing investors, as was requested of them, and we're still in the game for 9 more months, with influential partners who will profit from a successful joint venture with QFI

Is it a gamble to stay invested in QFI? Of course it is, it's an AIM stock. Are we better positioned now to reap some success or worse off than ever before? I'd say it's probably still 50-50, about the same odds a decent player has when playing blackjack. When I play blackjack though, I double my stake when I've just lost. Even at 50-50 you can beat the house. That's why I've averaged down when I've been able to, and anything over 4.3p will now put me in profit. I'm genuinely sorry for all holders who are sitting on paper losses, but I also genuinely believe that this company still has massive potential, and that it's worth sticking with and supporting for the time being

Welcome back PJ, the SP always rises when you start bashing QFI

Hawky

Yes, I'm guilty as charged. Wrong choice of words, but the thrust of my post was that we're funded now until October, which was the aim of the open offer

As to your 'lie after lie' comment, I won't stoop as low as you. But I will point out that you've been sounding the death knell for QFI for about 18 months now, so at what point does your prediction become an untruth, when we have enough cash now for another 9 months?

LF

I see you managed to omit that Jason put in £10k,and for what, to carry on receiving his salary until the company goes bust in Oct? Really, he would do that?

And why should I stop being critical of those that are being critical of the BoD of my investment. What, you think you can come here and badmouth the company without a response from me. Dream on sunshine, I've been in this share a long time and don't intend to stop posting just because you've got the jitters

Here's some advice for you LF, do some research on Freepoint. Look at what they do, who they are associated with, and then try to figure out why they want to enter into a deal with QFI. You might just be pleasantly surprised

Sorry should be Get ready . . .

Ha ha, the company has successfully raised funds to tide it over until October and yet the doom mongers are still whinging on about the BoD, all of whom bought into the fund raise. Yes, they put their own hard earned money into what you're all suggesting is now a failed enterprise

I've no idea why you lot originally invested in QFI but right now must be just about the right time to pile in. This little exercise has all the signs of fulfilling some due diligence. The partner probably has a set of conditions that need to be met, one of which is likely to be that we've got funds to stay in business for the foreseeable. Otherwise I'm sure the BoD would have been trying to raise a couple of years worth of funding

Open your eyes people, we're being wheeled out onto the launch pad . . .

Delighted that the open offer was fully subscribed and that we now have the working capital to progress the latest developments. I suspect we'll be seeing a contract announced in the near future

Well done BoD and all of us that supported our company