Member Info for Hotfinance14

If they have still not produced the fuel then it is a shambles as they have no excuse. They have had ample time to get this done.

As per the last IMC meeting the Morocco industrial trial will be completed in Q321 so we should have the trial results within the next few weeks.

The sample results report is due to Greenfield by the end of September.

I doubt there will be news prior to the Tomco AGM. The timing of an AGM is usually based on when the board and NED's are all available.

First time I have seen our FD David Scott having options. Hr must be the least busiest accountant
in the UK as we still have no sales invoices and purchase invoices apart from overheads.

good progress on a number of projects in the Americas"

I expect this includes Mexico.

Let's hope so as there must be news on Morocco and MSC soon.

Qfi and Tomco should release an RNS.

Too true Barking and have not learnt a thing.

You can look at it from another angle. The Morocco client informs QFI they are eager for us to start the trial and our project manager reply is...ok I will get the fuel made and get back to you in a few months. Christ knows what the client thinks and this is a key project!!

They can try to shout me down but they will get double back.

It was Q3 but the issue is there seems to be no sense of urgency and planning to get the trial started.We are told this is the project that once commercial will lead to to other projects. if I was was the project leader I would be running through brick walls to get this trial started ASAP.

Actually I think our guy visited Morocco in early July.

In early June our QFI guy visits Morocco after months of no access to the site and states everything is ok to start the trial. Our client states they are eager for the trial to start. Now near the end of August and absolutely nothing material has happened regarding the trial.A decent project manager would have the fuel and any equipment ready to be shipped as soon as we got the go ahead and the trial would be complete by now.

Salinger...So where does MK think his Utah revenue will come from in H221 if it is not from the POSP ?

I disagree with you Salinger. Also we now know a POSP will be in operation so we can complete
the trial.

They must just be stating they have agreed to have the Utah commercial trials complete by 31 Dec 2021. There
was no date in the original RNS.

Does this not confirm there will be less chance off Utah project commercial revenues in H221 ?

It will be on expected news.

Wonga...the fuel is being produced at a terminal in Norway. MK stated a few weeks ago it only takes 2 days to produce
but they have to wait for an available slot for production.IMHO this should of been planned months ago.

Surely the fuel for the Morocco trial is now on site and the trial is about to start or already started.