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I would expect an interim business update would be the same as the last full business update.No movement and thus the silence.

'Wouldn't surprise me if he was appointed permanent CEO as unable to find suitable replacement.'

I agree Barking as potential candidates for the CEO position may think along the lines that they are currently in a comfortable role and why risk it when no other CEO could sign a commercial contract in nearly 20 years.

On a normal day would they not want to maximise revenues by running all of them ?

I wonder what MAC2 think of this palava. They inform QED they need to do some work on the area where QED will install their equipment then once the area in available to QED they are informed by QED they will install the equipment once the bilateral agreements are signed off and many months later the area is still empty.

'It's about 5 months wage bill'

So £1.4m over 5 months and we have about 10 staff gives an average monthly salary cost of £28k!!!!

Jakaito. That £1.4m you mention what do you think that has been spent on in 5 months ?

'We continue to push for the signing of the contracts, but we don't have any say on when MSC will push the button on the project and sign.'

Yet in his last interview AM states he expects it to be very soon.

'To ignore someone correspondence isn't the way to allay investors frustration.'

Totally agree.It is a disgrace they have ignored this chaps emails and phone calls.

Only 8 weeks now for the Final results and AGM notice.We should have an IMC shorly afterwards so I am sure there will be plenty of questions.

If we were to get a business update I don't think there would be hardly any change to the previous one.

'You have to wonder what all the staff are up to on a daily basis now. If we were that close to all the trials starting a few months ago and we have all the kit and chemicals ready to go on site then what would people be doing now??!'

I would expect absolutely nothing unless they have a table tennis table in the office.

Imagine you are the CEO of MSC and you have this fuel to trial that could save you millions. Your legal team tell you we are too busy to look at the contracts. Do you say ok and walk off. No you don't. You ask what do you need to have these contracts dealt with. The head of legal says we would need more resources. CEO  says ok recruit another lawyer either on contract for a year or permanent. Problem solved.

The question is why has that not happened.

Well that is July over so another month gone with no material news on projects and £1.75m of investors funds blown this yerar so far.

You have to wonder what these new potential CEO's think after the interviews and realise the extent of all these project delays. I expect the nearest pub to the QED office has been selling a lot of large brandy's.

I am not expecting any news until the results at the end of September. It is unbelievable that we are about to be in August with no material news on any projrects.

Is their any logic in this feeling or did your weetabix taste real nice this morning ?

Reading 5.77MWH as I type so increasing the power hopefully of the trial.

Panama has a population of just under 5 million so that would be enough power for the country.

Credit where it is due very impressive research SC.

AKHM..Well they have certainly had plenty of time to plan these trials. I do not see that the start of one trial being linked to the start of another.