Member Info for Fyoz

Funny how this share attracts knockers and derampers always spouting the same old rubbish. QFI haven't sold anything, have no contracts, are going bust, etc etc

Talk about stating the obvious, that's why the SP is around 3p, it's pretty much priced to fail

So, stay well clear if you want a sure thing, stick your money in the Nationwide and get 1.3%. But if you're looking for something that could multi-bag with one, just one contract, maybe this is the pool to dip your toe in

Not investment advice by any means, but a punt as part of a well balanced portfolio? Got to be worth a shot, no?

Have you done any sort of research at all Hawky?

Have you checked out Freepoint, seen what they're all about? Here, I'll lay it out for you below, but in a nutshell, they're facilitators and financiers. Do you think they did any kind of due diligence before signing the agreement with QFI? They've probably already discussed terms of finance for the next 2 years

Check out the merchant finance section

http://www.freepoint.com/our-business/merchant-finance/

DOH!!! yourself . . .

FREEPOINT COMMODITIES OVERVIEW

'Building on industry success and leveraging industry knowledge
Leveraging our relationships, expertise and responsiveness, producers, midstream players, and end users alike can rely on our consistency in exceeding their expectations.

Risk-savvy. Managing logistics from the point of production to effectively mitigate risk on the merchant trading end.

Efficient. An agile corporate structure and strategic global relationships across production infrastructure facilitate transactions.

Counterparty-driven. The ability to act on opportunity, never sacrificing the goal of fostering long-term relationships and a mission of prosperity for our counterparties.

Direct access. Our physical merchant capabilities and fully integrated physical production-to-market model enables greater deal access.

Strategic relationships. Using our intellectual capital and unique marketing platform to “connect the dots” on opportunity, Freepoint can acquire the highest production value asset and execute premium market deals tailored to our counterparties’ risk/return profiles.'

You've got at least 23 more months of watching then Hawky . . .

18th July 2018

The Company is pleased to announce it has signed a Memorandum of Understanding ("MOU") with Freepoint Commodities LLC ("Freepoint").

Freepoint, which is based in Stamford, Connecticut, is both an established global merchant of physical commodities and a financer of upper and mid-stream commodity-producing assets. Freepoint also provides physical supply services and related structured solutions for counterparties located throughout the world.

Pursuant to the MOU, Quadrise and Freepoint intend to work together to pursue commercial arrangements involving the production and supply of MSAR® fuel to producers and consumers by utilising Quadrise MSAR® technology, additives and services coupled with Freepoint's marketing, trading, logistics and financial services capabilities.

Under the MOU, during the next 24 months the parties plan to jointly investigate and pursue selected MSAR® project opportunities in the Americas, with a number of identified counterparties, and in Asia on an exclusive basis with the goal of entering into commercial agreements for MSAR® production and supply arrangements with fuel producers and consumers.

I believe they've got the cash burn right down so I think they have enough for about another year

The recent tie-in with Freepoint is interesting, as Freepoint are also financiers, so if they can see potential they may take a stake in the company, save us getting the begging bowl out so to speak

JGC have been involved with QFI for a long time now, and 8 months since the MOA was announced, so if their plans to 'rapidly' create a revenue stream are to be believed then they could surprise us at any time now

Still a lot to be hopeful for . . .

From the recent investor conference call, no need to or plans to raise cash at the moment

Well you could argue that they've sold it to CEPSA, who in turn sold it to Maersk. Will Maersk return to be a regular buyer? You could also say they sold the concept to KSA and indeed if it weren't for the dispute between Aramco and the national energy company, we probably would be selling a lot to KSA

I would also consider that the concept has been sold to JGC and now Freepoint, so in my opinion the sales side of things is progressing. We now need our partners to implement it into actual projects, which unfortunately takes time when dealing with refinery shut-downs etc

I'm glad the BOD are busy managing the company rather than trying to guide the share price. If they land a contract or two then yes, we will have been lucky to have them

OK for arguments sake let's say 50 barrels per well, so 200 bopd total from the 4 workovers

At $70 per barrel that's $14k per day

Assume 50% profit, and convert to £ = 5600 per day, say £2m per annum

3252m shares in issue = 0.06p eps

So using a pe ratio of 15 (fairly conservative) that gives an SP of 0.9p

So just the 4 workovers support the current price?

Kerrrching . . .

It's yet to be proven that he's lost a lot on this stock. If he's still got all his shares he's showing a paper loss, the extent of which depends on how much he paid for them

Many of us are showing paper losses, but if it eventually comes good it will have been worth the wait

Each to his own . . .

"but this will affect SP if thousands can't purchase the shares to begin with."

Not at all, anyone really wanting to buy RBD shares will just use a broker already dealing in them

Admittedly not the best solution, but it's a work-around until they're correctly re-classified with those other brokers

Barclay's haven't, I hold my RBD shares in my Smart Investor portfolio

S_S

This may be relevant, I posted it on another site last week. Seems planning consent will become a national issue for energy related projects

https://www.theguardian.com/business/2018/may/17/fast-track-fracking-plan-by-uk-government-prompts-criticism

Shale gas explorers will be able to drill test sites in England without applying for planning permission and fracking sites could be classed as nationally significant infrastructure, meaning approval would come at a national rather than local level.

Under Luxembourg Company Law and the Articles of Association of Infinity Energy SA a second EGM was held on 17 July 2018 in order to deliberate on the nine outstanding EGM agenda items. All remaining nine resolutions were passed and Notarial approval has been received as required by Luxembourg Law.

My buy of 214,371 showing as a sell

Hopefully we can toast some good news then GButts

It's only a couple of week's since the last RNS

Thursday 19 July, 2018
Infinity Energy S.A.
Results of AGM and EGM
Infinity Energy S.A.

("Infinity" or the "Company")

Results of AGM & EGM

On 1 June 2018 the Annual General Meeting (AGM) of Infinity Energy SA together with an Extraordinary General Meeting (EGM) were held at the registered office of the Company. All resolutions on the AGM agenda were passed. Out of the fifteen items on the agenda of the EGM, nine items could not be deliberated due to a lack of necessary quorum under the Company’s Articles of Association. The remaining six items of the EGM agenda were passed on 1 June 2018.

Under Luxembourg Company Law and the Articles of Association of Infinity Energy SA a second EGM was held on 17 July 2018 in order to deliberate on the nine outstanding EGM agenda items. All remaining nine resolutions were passed and Notarial approval has been received as required by Luxembourg Law.

The company is progressing its listing on the Standard Segment of the Main Market of the London Stock Exchange.

I've just bought some more through Barclays online service. It does make you go through an additional screen where you click to accept the risk (not something I've seen before)

Many thanks Simon _Said for generously sharing your feedback

Just looked at the 6 month chart for ADL, down from 0.04 to 0.02, that's 50% you plum

Ask your mum & dad to let you play in the garden, you shouldn't be posting here

Price on 27th July was 0.72p
Price today is 0.9p

Someone probably just got sacked . . .

http://news.abs-cbn.com/business/07/31/18/saudi-aramco-deal-throws-ipo-further-into-doubt

"The oil giant is now mulling another approach to raise the billions of dollars it had hoped to reap from Aramco's flotation."

Anybody know how Aramco can save millions each year off it's fuel bill?