Member Info for Hotfinance14

'This RNS didn’t get emailed to me like they usually do.

Did anyone else find this?'

I didn't get the email either.

There will be no proactive interview as it is not significant news and i am sure he has better things to do.

If it was excellent news the SP would go up significantly. but it won't.

More testing testing and testing.

We need these trials to start.

One would of thought an OME check would be mentioned previously as without that check the trial cannot start. It is a key part of the project.

In the interims in Mar 25 the beklow was statedregarding Morocco :

'In Morocco, our project with OCP SA aims to establish MSAR® supply in the Mediterranean. A Commercial Framework Agreement was signed in May 2024 for a 30-day paid trial at OCP's Jorf Lasfar site, as a precursor to commercial supply. Following changes in scheduling, OCP switched to an alternative production line and kiln for the trial, requiring the relocation of Quadrise equipment in the site. The trial is now expected to commence in Q2 2025 and joint planning is underway.'

So they state joint planning for the start of the trial is underway but omitting anything about an OEM check has to be compoleted first.

Jackg...i agree with your ccomments but it seems odd this is the first time the OEM check has been mentioned.

From the business update :

Morocco

'The planned commercial trial with OCP to establish MSAR® supply in the Mediterranean continues to progress. Following relocation to an alternative production line and associated kiln by OCP, the Company has deployed all necessary trial equipment to site. To commence the 30-day paid trial, Quadrise is awaiting approval from the original equipment manufacturer of the kiln and burner system ("OEM"), which is expected to be received in Q3 2025, with the trial commencing immediately thereafter.'

Have we been informed before about the OEM approval required as i don't recall it in a previous RNS ?

'Personally I can't see what the problem is, everything is still going ahead albeit slightly slower than people anticipated. One bonus is that whatever broke on the Leandra at the weekend wasn't our fuel that broke it.'

Can you post the evidence you have of something breaking on the MSC Leandra.

''HF I think I spotted it at the Monaco Grand Prix last weekend'

I am suprised it got there on time.

AKHM..On your travels have you seen our yaacht ?

No specific mention of our yacht trial in the update today. I am hoping the yacht was not doing the trial at the Bermuda triangle.

'Good volume today and SP holding, considering the RNS, it seems the market doesn't see these as bad news..'

The SP is down about 10% at the moment so it is not holding.

'I think we are forgetting that Q3 is 3 weeks away....yes it's disappointing but I have been here since 2012...I can wait 3 more weeks/months if needed for progress.'

Lightjaw..people were posting the same thing 3 months ago 6 month ago 9 months ago etc etc. It is the lack of significant progress for years now.

It was bound to go down. You can't keep moving project milestones from qtr to qtr without some investors losing their patience.

So much for JM's statement that there would be plenty of news in Q2. Absolutely nothing.

Barking,,,your summary is spot on. If anything we have gone backwards.

I am sure they told us they could install the equipment at Mac2 prior to the bilateral agreements being announced and now they state they can't.

Didn't that poater BULB get an email less than a week ago saying the POC trial was still in iine to meet the market timeline guidance. As for Morocco this RNS confirms they have no idea if/when the trial willl start.

As for the SP i will be suprised if we close above 4p.

The RNS basicslly says everything is delayed and pushed to Q3. They couldn't even get the 1 week Sparkle trial over the line.Good lord.

AKHM....possibly the samples were contaminated and they are waiting for new samples to be shipped. I hope that is not the case.