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Today is the last working day of the summer and as we all know JM expected the below to be announced in the summer :

MSC Fuel agreement

Asia refinery trial

Start of Morocco trial (Originally we were told completion in Q3)

As expected by a few posters none of these would be completed in the summer even though the Morocco trial may have started but I doubt it.JM has failed us yet again.

Petty cash for MSC.

Bud Daar has been saying different new green fuels are the future for over 5 years yet not one trial on any of them.

Considering it is the most important trial since Maersk I would want my most senior project manager there. As you say the trial may not have started.

Thanks for the information. Phil was involved in the 1st Morocco trial so it seems odd his not engaging in this one.

Phil is not involvbed in the Morocco trial then as this should of started by now.

'With comments like that it makes no sense that you remain invested.'

What utter garbage.

Wonga...It was posted last week and discussed at length.Nothing new here.

'I personally think that we won't get an RNS until Valkor recieves their funding, no matter how good things are looking now or on the horizon as whilst that is indirectly good for us it has no relation to the Valkor agreement and thus not our area to comment with an RNS.'

I said this months ago so totally agree Crownos and i expect this in a month or two. I don't see why we would get an RNS from the Layafette report as they are merely providing a report of future business expectations.

Regarding the Vertoro presentation i suspect they were just presenting the joint project with us to the marine audience present at Cannes so it hit a wider audience.

Redliner have been posting this on Linkedin for a good 5 years now. Nothing to get excited about.

Some details reagrding the Vertoro project :

Start date: 01 June, 2023

Duration: 2 years

Amount of innovation fund grant: 4.00 M€

Partner: 1 (Quadrise)

Fund: Funded by the European Union

The Vertoro presentation will have just started. I am sure they will post something on social media over the next few days.

Some very impressive figures from Lafayette.Let's hope the project all goes to plan.

Fonz is the chap that posted we could have some movement in the asia project when Quadrise have not even mentioned a trial agreement has been signed.Unbelievable.

Crownos....Do we actually know for certain Quadrise will be there ?

Only 5 working days left of the summer and still no announcements of the 3 targets stated by JM. As i said bob hope and no hope.

Maggalus...thanks. So that means that paragraph in the Valkor RNS in early August was not accurate as it states the Samples are being prepared by Valkor.

Crownos...I recall aswell as produce the 100 barrels they have to sell those barrels also in relation to the funding.

Regarding the samples we were told in the Valkor RNS in August :

HSO samples have been prepared by Valkor and are being sent to Quadrise for MSAR® and bioMSAR™ formulation and pilot testing in Q3 2024. Commercial marketing to the marine, utilities and industrial sectors is expected to commence once successful testing is completed by Quadrise. The initial marketing targets will be local power producers and marine vessels bunkering on the US West Coast.

So the question is have the samples already been sent ?

Excellent news. I hope the samples are soon tested at QRF with good results.