Member Info for gr1bbler

I'm afraid I will be treating this with the same dose of "oh yeah?" scepticism as Panama, Honduras, Mexico and all the other would be projects that have yet to come to anything. Presumably the "scoping phase" comes before the "exploration phase", which must be undertaken before the "planning phase" and directly before the "preparation phase", which is swiftly followed by the "phase out phase"... then another exciting project pops up! As for "in discussions with", I expect back in the real world this translates into "we sent an email inquiry and received an out of office response that someone would get back to us".

Morocco update and MSC trial agreement please, Jason. No more (slightly cleaner than normal) smoke and mirrors.

Noted - thanks, HF.

See this has been slipped in re: Morocco...

"Commercial supply will be dependent on the Company being able to source appropriately situated and priced feedstock"

Clearly that was always the case but it feels very much like priming us for the next great excuse!

Don't disagree, Crownos, which is why I was sceptical about the comment made by StockCheque: "If it hadn't started yet then I would have expected an RNS by now, because we (the entire market) were told it would be completed by month end." I don't think we were told that at all. The Final Results RNS stated: "The industrial demonstration test at the client site in Morocco is now EXPECTED to be completed in October 2023."

As we all know by now, when it comes to getting things done in the time they say they will, QED are less Swiss railway and more dodgy builder...

Thanks, Crownos. I agree, though if the trial simply hadn't restarted in October (as hoped) due to scheduling issues, rather than another "event" like a dodgy pump, then would you expect to receive an RNS?

Was under the impression we'd sailed past multiple MSC target dates without any update until the next investor call / results.

Have we had such timely RNS updates on all delays previously?

...unless the trial has yet to start.

Might be being overly pessimistic due to their track record, but I suspect it may yet to have re-started (though would be delighted to be surprised on the upside). I sent an email to IR a while back asking if the team were onsite and the trial had recommenced and got a response saying they couldn't disclose project specific information to individual shareholders yesterday. I knew they would likely say this, though previously when I have sent emails and news was close, they've ignored my email and then emailed shortly after the RNS to say "please refer to the recent RNS". I suspect if news was about to drop they wouldn't have bothered replying to my email as they did yesterday, though who knows really... clutching very much at straws!

We wait and we wait and we wait some more...

Speaking of land opportunities, what has happened to Honduras / Panama, one of which I thought we were supposed to be signing a trial agreement with? We were told there wasn't enough rain. Google weather says there is heavy rain in both all week! So what's happening, Jason?

What's the crystal ball got in store for Q4 BP?

...just invited me to congratulate JM on 17 years at Quadrise. 17 years without a sale didn't seem like an appropriate milestone to congratulate, so I will refrain until we get some positive and hopefully transformational news!

What a splendid idea. I can practically hear the conversation between Jason and David Scott:

JM: Ah Scotty, just the man I was hoping to see. I’ve been reading that pesky forum for the last 4 hours and the IR inbox has been pinging all morning with tedious drivel about timelines and quarters. I think we might need to do something about the cash runway to shut them up for a bit.

DS: Well actually Jason, that’s what I’ve come to talk to you about. I’ve had a cracking idea and I think you’re going to love it.

JM: Ok, how much have we got left then?

DS: £614.25

JM: This better be good and not something totally daft like salary deferral or investing it all in QED shares. You're not going to stop me using the Quadrise jet at weekends are you?

DS: No, no. It’s not that.

JM: Good. I hope you’re not going to suggest we cancel Friday team lunches at Le Gavroche? I love Le Gavroche.

DS: Absolutely not – the cheese souffle is divine.

JM: Ok, well surely you’re not going to suggest I stop spending money on developing my new baby, Carbon Negative MSAR 4000?

DS: No Jason, listen. We’re going to stick it all on black, err, I mean, Bitcoin.

JM: Bitcoin, you say? By Jove, Scotty, I think you might be onto something…!

You don't have to have Noel's powers of prediction to work out that if you keep making erroneous statements about timings that never turn out to be remotely true, investors will get hacked off and the share price will suffer. Only weeks ago we were told Valkor permits to be wrapped up in "early September"...

So where the hell are they Jason?

At least we didn't wait for news from Morocco and Utah to "lift the price" before the fund raise!

He's a class act. The legal team were embarrassing. Was like watching Grandma trying to sign in to Netflix.

Not able to watch the hearing live so any updates appreciated. Thanks.

My understanding is that tomorrow is Heavy Sweet Oil's permit hearing in Utah, on which our contract is dependent.

Is it the day we finally break the hoodoo?

If I have read correctly, £2.2m required to profitability and £1.9m-ish was raised. Is now the time for shareholders to push for a salary cut to make up the shortfall? We've been patient enough. Time for the board to meet us in the middle and get this over the line?