Member Info for Hotfinance14

Looks like we will all have to take our hat off to Noel.JM seems to be a walking disaster.

Shell adverts banned over misleading clean energy claims

https://www.bbc.co.uk/news/business-65820813

If you don't have quality in hard work it will not get you far.

'I hope they don't reply, I hope they're far too busy to reply to an email from someone that can't even spell trial'

For your reference one of the key board members is currently on holiday.

No idea but all I know is that :

1/ JM stated it was a current supplier to MSC

2/ It is taking one hell of a long time.

As you say Vince a very wild guess. We have had all this speculation over the last 10 years plus and none have come to fruition.

Great email. Right to the point and no faffing about. The Bod's performance has been absolutely shocking with the Morocco trial run in cowboy fashion.

Well it looks lke Noel is going to be correct with sub 1p on the horizon.

Looks like the end of Tomco to me. You only have to look at the SP chart.

SP now on it's way to below 0.1p.

From the interims :

'The Group has tax losses arising in the UK of approximately £60.0m (2021: £58.4m) that are potentially available to be carried forward against future profits.'

It's staggering to think over the years Quadrise has raised over £60m plus from funding and not even completed a trial.

Agreed barking. Totally pathetic. The Morocco agreement ends in June!!!!

Vince..my conclusion is the management are simply poor and need to be questioned directly on this front. Their credibility is zero.

Indeed Wonga. We are only 4 weeks away from all project milestones being moved back over 2 years!!!

Every time we get an update JM states the fuel agreement is taking longer than expected. As far as I know he has never explained why.

I expect JM has already booked a cruise on the new ship with a discount.

That is May over so now we are in the last month of Q223. From the interims the below are now expected in June :

Utah supply of a license and MMU EXPECTED TO CONCLUDE SHORTLY. Conclusion of the Valkor Licence Agreement would deliver commercial revenue in the current financial year (which ends on 30 June, so license revenues within 3 months!)

Tripartite Agreement between the supplier, MSC and Quadrise AS SOON AS POSSIBLE for POC

Morocco trial EXPECTED TO COMMENCE AND COMPLETE in April.Now June.

Morocco CONCLUDE a commercial fuel supply agreement in Q2 2023

Americas Test Agreement TO BE FINALISED during Q2 2023 ahead of a site trial

call

HAZOP on bioMSAR EXPECTED TO COMPLETE in Q2

We are also expecting an IC call this month which could be very interesting. If none of the above project milestones are completed in Q223 we go into the 8th consecutive qtr( (Q323) where they have been pushed back. Over to you JM.

The permits to drill.

MOTION TO STRIKE HOODOO MINING AND PRODUCTION COMPANY’S RESPONSE F I L E D

MAY 23 2023

Heavy Sweet Oil, LLC (“HSO”) and AC Oil, LLC (“AC Oil”) acting by and through its

attorneys, Snell & Wilmer L.L.P., hereby moves to strike the Response in Opposition submitted by Hoodoo Mining and Production Company LLC in the above captioned matter.

https://fs.ogm.utah.gov/bbooks/2023/06_Jun/Docket/2023-022_471-03_HSOandACOil/2023-022_471-03_20230523.2_MotionToStrikeHoodooMiningAndProductionCompanysResponse.pdf

MSC Leandra is now docking at Tanjung in Malaysia and is scheduled to leave for Antwerp Tuesday evening.