Member Info for Hotfinance14

The Oracle has spoken and he is spot on.

'To be fair Peter sounded more bullish than end of November. Wouldn’t be surprised if he even beat that target. He’s probably on the blower to them now'

They had a scheduled call with MSC last week.

SN88...We do know that JM stated about a month ago if the bilateral agreements were signed soon they should have the equipment up and ready at Mac2 by the year end and start the trial early Q126. i don't recall Peter stating Novemeber but maybe i missed that bit.

SN88...When do you expect the MSC trial to start ?

Exactly Barking,

I think in the last 2 years Wonga has got all his forecasts correct. He has to be the Oracle on here..

I recall Wonga was shot down by the posters that have their heads in the clouds when he stated earlier in the year he didn't expect the MSC trial to start this year yet he was 100% correct.Wonga has become the oracle of quadrise timelines.

JackG...I was thinking exactly the same..From memory they are usually out around 2 or 3 working days after the IMC. Hopefully the delay is due to positive conversations with MSC and OCP.

Well said Grumpy.

Only 7 weeks until the AGM. Hopefully the Utah samples are received and tested by then. Any other news will be a bonus.

SC..if the yacht is not ready it makes you wonder why in Q1 JM stated he expectedd the trial to start in Q2 and we are now in Q4.

This week we should get the Q&A from the IMC call. We should get a lot more detail as some of the questions not answered are more specific. As an example one question is why is the yacht fuel trial delayed and has the yacht actually been built.In the metting JM just said it was delayed from the clients side.

Indeed AKHM he want's to get things moving and they have what sounds like 2 decisive calls with MSC and OCP over the coming daya.

'No mention of the yacht ?!'

JM stated the trial on the yacht was delayed from the clients side.

SC..as i have stated the cash forecasts include the aggregate Valkor payments. QED have stated the below :

'At the date of this report, there remains a risk that the $1.5m from Valkor is either not received, reduced in amount, or is significantly delayed, in which event the Company's ability to progress its projects will be at risk without further funding'

'A recording of the meeting is usually sent out ?'

Yes.I expect this will be available early next week.

'We have funding through to Jan 27'

That is actually incorrect and David Scott as an accountant should know prudence should be applied. They only have cash until JAN 27 if the aggregate Valkor payments are received.

Peter came acros as a breath of fresh air and looks like he will ruffflesome feathers plus bis thinking outside the box compared to AM and JM.. JM seemed to want to avoid any timelines.

SC...We already know how long the permit approval takes as I posted it on here.

Zeebrugge is classified as a subdivision of the municipality of Bruges so they may intend to producr fuel at Zeabrugge.

I have been to Bruges many a time and it is inland so no port which would seem odd to produce fuel there. Will be interesting for this to be clarified but i think Vince is right and they mean port Antwerp-Bruges

Boyporche...I actually do know how a business is run from the stockroom to the completion of the QTR Vat Return but there is no need for me to disclose more. Rumour has it your crystal ball is where the sun doesn't shine ol boy.