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Maersk unveils video of keenly awaited methanol-fuelled ship:

https://splash247.com/maersk-unveils-video-of-keenly-awaited-methanol-fuelled-ship/

Hopefully QFI and Valkor already have a drafted agreement so that as soon as drilling permits are approved within a few days after this the agrrement is signed by both parties.

There is a meeting on April 26th for :

Heavy Sweet Oil, LLC (“HSO”) and AC Oil, LLC (“AC Oil”) acting by and through its
attorneys, Snell & Wilmer L.L.P., hereby requests that the Board of Oil, Gas and Mining (“Board”) establish the Asphalt Ridge Enhanced Recovery Unit and approve a plan of unit operations for enhanced recovery for the in-situ production of heavy oil from sands within the Rimrock and Asphalt Ridge Formations in the following-described lands to be designated the Asphalt Ridge Unit (hereafter the “Unit” or the “Subject Lands”):

The full link :

https://fs.ogm.utah.gov/bbooks/2023/05_May/Docket/2023-022_471-03_HSOandACOil/2023-022_471-03_20230410.1_RequestForAgencyAction.pdf

i assume these are the drilling permits Jason mentioned. I think Heavy Sweet Oil is a Steve Byle company linked to Valkor. Can anybody confirm that ?

The meeting can be watched live on youtuibe :

https://www.youtube.com/watch?v=EhPSlguY9ng

Well said Gribbler. They are like 12 year olds.

Great email 46G and quite blunt which is the best method in my book. You have summed up how many of us shareholders feel.

46G What was your suggestion ?

You could be correct FYOZ. The Utah project has never been totally clear to me.

I see those points you mentioned 46G. Those points and the point about revenues in the current financial year totally contradict themselves.

''Conclusion of the Valkor Licence Agreement would deliver commercial revenue in the current financial year'

Can anybody really see this happening ? Firstly the permits need to be approved then heavy oil extracted. I assume an MMU would have to be delivered and put in operation so that the heavy oil can be converted to MSAR and Biosmar The fuel would then need to be sold to customers that at the moment we have not been told they have any. I just can't see this all happening in Q223.

Haggis..from the interims report :

'Discussions with feedstock suppliers continue, with the aim of securing a Tripartite Agreement between the supplier, MSC and Quadrise as soon as possible in order to commence Proof-of-Concept and Letter of No Objection trials.'

So currently they have no fuel to provide.

'Hopefully an RNS this coming week to say the QED team is there or on the way there to do their dry dock work.'

Zero chance of an RNS for that.

Just checked again. We can officially state she is now in drydock.

MSC Leandra is on the move this morning.

I hope your right 46G. All these delays need to stop and tangible progress made on the projects.

In addition the scrubber costs between $2m and $6m. We could be looking at total costs around $10m.

It will be interesting to see how long she stays in wharf No 3 and then moves to a drydock.

Tomco is now out of suspesion from AIM and trading. Audit complete and final results issued.

Haggis will be pleased.

I think you are right 46G.End of the tax year and a lot of bed and breakfast transactions.

Some large sells. This could easily drop below 1p in the coming weeks.

Just how much did MSC’s container business make last year?

https://splash247.com/just-how-much-did-mscs-container-business-make-last-year/

Now I know why MSC are the shirt sponsors for Napoli football team.

When QFI statte the word 'expect' I always replace it with 'hope'.