Member Info for gr1bbler

I would expect this to now follow in fairly short order so that may be the next RNS to drop.

Any views on whether these results are likely to impact Utah finance? Clearly good results on the samples is likely to have the most impact but is this likely to chivvy them along too? Would love to see that land in the next few weeks!

And a bucket full of news still to come in the coming weeks and months. Oh how the tables have turned!

While it is great to hear about trial progress, this RNS is probably the most significant of all, as it confirms we have a groundbreaking product that works. Spectacular results.

The response to question 22 of the recent AGM Q&A confirmed: "The JGC project remains dormant."

Finding an innovative way to use fuel oil (HFO) is critical to the future of oil-producing countries and the global sustainable agenda.

Redliner proposes the disruptive technology MSAR,®️ a British-licensed technology, can pave the way to a greener future by providing safer, cleaner and more affordable energy.

MSAR ®️ technology enables refineries to generate greater value from the bottom of the barrel by using modular, non-polluting, proprietary blending systems that can be installed in less than 12 months.

This allows viscous residues from refineries to be mixed with small amounts of specialty chemicals and water to create an emulsified HFO – releasing valuable distillates, which were otherwise degraded by their use as diluents to produce conventional HFO from waste, significantly improving refinery performance.

How does MSAR®️ work?

MSAR ®️ multiphase superfine atomized waste replaces diesel that makes up to 30% of the HFO content with 29% water and 1% proprietary chemicals. This emulsion acts as a synthetic heavy fuel oil for ships and power plants that currently burn fuel oil, but it is cleaner and cheaper than standard HFO. Water, which is cheaper, replaces valuable diesel, which reduces the price of HFO production, while that diesel can be brought to market at much higher prices.

The world needs better energy solutions to ensure sustainable and responsible growth.

MSAR ®️ is a heavy oil that burns like a gas, which substantially reduces emissions of NOx, particulate matter (including black carbon/soot) and greenhouse gases that severely affect the air quality of the largest cities in Mexico.

Our goal is simple, to provide safer, cleaner and more affordable energy, as well as to continue advancing technology to reach the net zero goal.

Committed to creating a sustainable future for Mexico 🇲🇽

@pemex

@cfe_nacional

Around £50k and £100k a piece.

Looking forward to what next week might bring. Have a restful weekend all!

Interesting, as he's not wrong... so far.

Please can you explain how you know market makers were looking to fill a large order, what region 3 is, and how you know they are finished? I presume you have access to some kind of live data information. I am not a trader but would be interested to hear how you've got the information if you can be bothered to explain.

A LOT of conversations going on...

Question 38:

What specific, quantifiable actions has Quadrise Fuels taken in the past year to drive MSAR®’s market adoption in priority regions, and what measurable outcomes have these actions produced? What concrete obstacles have prevented the company from securing substantial, long-term contracts?

Setting up supply chains from scratch and marketing new fuel products to the energy and transportation sectors is challenging and not a quick sale process.

Our immediate priority for the marine project this year was to identify and obtain agreement in February 2024 with a terminal (MAC2) and biofuel/bunker supplier (Cargill) to initiate the MSC vessel trial, which was key for bioMSAR market adoption in the marine sector.

To secure the commercial supply to Morocco, a 30 day trial was negotiated on a reimbursable basis to minimise cash costs for Quadrise. In parallel OCP agreed to be disclosed and put their name to a LOI for commercial supply. This agreement was announced in May 2024, with the expectation that the trial would be completed in Q3. This has shifted to Q4 due to matters outside of our control but we are ready to go and awaiting the client’s go-ahead to process.

During the year we updated our global refinery and marine databases. We have engaged with 15 shipping companies, of which 5 (including MSC) and have provided project business cases that are under consideration.

We have also spoken to 5 industrial or power users, with 3 (Sparkle, SE Asia and OCP) progressing towards the trial phase as a precursor to commercial agreement.

For supply, in addition to Valkor, we have tracked down the appropriate teams and initiated conversations with 9 refineries and 2 biorefineries to supply our fuels to the market. 5 of these have become serious enough to generate business cases.

Lastly, we have been speaking to 17 companies that don’t fit into the traditional refinery supply category. These include traders or suppliers of fuels and biofuels, as well as complementary technology suppliers.

In addition to the above, Quadrise has been working with advisors and regulatory societies such as Lloyds Register to assess the hazard potential of our upcoming MSC trial. We are speaking with centres of excellence such as IEA Bioenergy and the Maersk McKinney Moller Center for Zero Carbon Shipping to raise the profile of Quadrise and ensure that our products will achieve the necessary carbon-reduction ratings to be sold as shipping fuel.

Obstacles to delivering that first supply contract are numerous, and we are overcoming each with dedicated effort. Recent delays in our projects have been described in detail during Jason’s recent business update to the AGM on 22 November 2024. In general, this can be attributed to dealing with large companies who have multiple priorities and agendas.

You would have thought following the monumental news for the company, he'd have been popping up in interviews all over the place, which makes me wonder if there is more to come (and is waiting to kill more birds with one stone) or if he's hot-footed it over to Morocco to get his hands dirty. The silence is intriguing...

Utah funding, B100 test results, further MSC agreements, Morocco trial update?

Can someone please explain the logic of market makers dropping the price to "get shares". Surely market forces would dictate that if they have few shares, the price goes up (supply and demand and all that), and when the price is rising quickly there tends to be higher volume, as more investors are attracted to the stock. Higher prices would also presumably result in people selling once price targets are met, and they could get their shares. A layman's explanation would be much appreciated. I don't understand why you'd drop the price, seemingly kill interest, and cause liquidity to dry up, particularly in a stock where so many of the shares are in the hands of long-term shareholders who are sitting on them.

Tuck them away in the bottom drawer and have a look at the share price at Christmas - you should hopefully be pleased with what you find!

I wonder if we will get one today?

I don't think I expressed an opinion either way as to what they were. Just that tasty sums (more than we see regularly on a day to day basis) were involved.

It's a real shame this news couldn't have been released before the AGM, as I think the board deserve a huge amount of credit for what they've achieved and it would have been nice to say so in person. Though it has been frustrating at times, they clearly communicated the challenges they've faced and have overcome, and the amount of work must have been phenomenal. When you think what work they've put in over many many years to invent a new fuel, develop it so it's stays relevant and has competitive advantage, build relationships and networks of potential customers, get knocked back at the 11th hour (Maersk and KSA) and still keep going. Years of work. All to get to here. The beginning. It's totally astonishing and has been a largely thankless task to date, so I would encourage everyone to send them your kind remarks (if you have some to make). Some posters on here have been harsh on them when things have been going badly ("what do they do all day?" etc) but in my view there is no doubt they want this, as do we all. And it starts here with hopefully much more news to come. Here's to waiting...

https://m.youtube.com/watch?v=w9ogzVyTtcw&pp=ygUXZ3Vpbm5lc3MgYWR2ZXJ0IHN1cmZpbmc%3D

4 around the £50k mark. Tasty.

"Aquamarine" - someone give that reporter a raise.