Asia Refinery10 Oct 2024 09:12
Around the time of the open offer JM told us thery were in final discussions regarding a trial at the Asia refinery.
Tyhe full year results states :
'During the period, Quadrise commenced discussions with an oil refinery in Southeast Asia that is interested in conducting a trial using MSAR® technology for internal thermal applications, as a precursor to commercial supply of a "Mini-MMU" producing 5 tons per hour. The refinery is situated near to bulk oil storage and offers potential opportunities to supply Singapore, the world's largest bunker hub.'
I can only conclude they were never at the final discussions stage.