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It must be a red herring as the tweet is missing the word IMMINENT.

Indigo does care abourt news.I would guess by his comment is for attention seeking purposes.

The next news should be about the Aquafuel final testing results. Hopefully there will be news in September about Utah and Morocco. If not we move the timetable to another quarter.again. Just as they have done for the past 12 months.

I agree Vince.

My post just put's to bed the idea some still have that Maersk will take on Msar eventually.

It looks like Maersk is 100% commited to methanol now :

https://splash247.com/maersk-eyes-more-methanol-from-china/

MSC beeds to aim to go commercial with MSAR/Biomsar before them.

I think Quadrise has lost a lot of credibility over the years. When something tangible is completed such as the Morocco trial the SP should start to move north.

I totally agree Haggis. This can be backed up by no bid came in when we were having the trials with Maersk.

As per 46G's plaaning schedule we have the below project milestones expected to be completed in Q322 :

Morocco
2022 Q2+ Site A study is close to completion. Needs to be completed
2022 Q3 complete combustion trial Site B and assay.

MSC

2022 Q3 Planned Wartsila 2 stroke testing agreement signed within quarter
2022 Q3 Secure trial agreement for Equipment and fuel both in progress

Utah-Greenfield
2022 Q2-3 Analysis and testing of field samples
2022 Q3 prepare for Utah bioMSAR/MSAR supply

Aquafuel
2022 Q2 Aquafuel to Quantify bioMSAR/MSAR High Efficiency and NOx benefits seen on recent testing

Hopefully these are all completed by the end of September which will be just before the final year results
which will probably be annopunced in early October.

The interim LONO is expected to be complete in Q223.

I hope you are right Vince as the more ships we have in the trials the better.

I got the impression there is currently only the MSC Leandra to be used for the trials. They only mention the MSC Leandra in the recent xocial media post.

Woops..Valkor and not Balkor.

Regarding the Utah project in the recent proative interview JM stated they had recently recieved the oil samples/assays and the oil quality was better then previous samples

Under the Balkor agreement it states :

Under Phase 1 of the CDA, to be completed by 30 June 2022:

Negotiate supply agreements with identified target consumers of MSAR ® and bioMSAR ™ fuel to be produced by the Primary Project .

Finalise the technical and operational requirements and commercial terms for license and supply of QFI technology.

I can only conclude they did not complete the above two parts of the project by 30th June 2022 unless I have missed something.

I don't see any buyout until QFI have commercial revenue in MSC.

On 27th July JM told us the Biomsar reults from Aquafuel were imminent. Hopefully they are announced this week.

Tidetime...In relatio to Morocco it takes a week to set everythinbg up then a further week to perform the trial.

For me the bottom line is options should be challenging and I do not see an SP of 3p much of a challenge.

46G Do you mean Q4 2022?

Haggis...you have a point but then you have to look at how good and realsitic the remuneration commitee are. They have been over paying our diretors for years when we have no revenues. What do they call it rates for mates.

This may be of interest to some posters :

BBC2 9pm tonight....Big Oil v The World

It would appear that the PI SP aspiratiions are far higher then the BOD.