Member Info for Hotfinance14

Absolutely nothing.If anything mere speculation by stockcheque..

Just from the one site. I would expect two sites would make it cash positive.The BOD need to get their skates on..

We were told the Morocco project would not make us cash positive so less than £3m per annum.

'Staff & Office cost are £110,000 pm'

Lets say office costs are £10k per month.That leaves £100k and there are about 10 staff so an average cost per employee £10k per month. Outragepus.

As for the £250k per month it is total mismanagement of funds. For an office in London and a small laboratory in Essex and a total of 9 or 10 staff it is outrageous. It should not even be more than £100k per month IMHO.

Summed up very well Wonga.

As things stand they are soon to have a major cash crisis and it would not suprise me that as the BOD seem rather deluded they go to the market again thinking they can raise more funds. If they do the costs of an open offer will be more than the proceeds. They only had 38% last time and that included excess shares taken up.

Illuminate..not sure what your smoking but you should bring some to the AGM for all that are present.

Give it a rest Boyporche you are full of it. These are facts I am stating, Potential investors only have to read the RNS's to see it is delay afer delay after delay.

I recall around June JM replied to an email from a poster on here regarding the MSC trial fuel agreement where he said something along the lines of 'look out for an rns in a couple of months'. So that was 5 months ago, I am sure he gives out these milestone timelines just to please investors but actually has no idea when they will materialise.

Great post manu19. You hit the nail on the head.

Kolonih..AM salary tax bracket will not all be at 40%.It will be taxed at the different tax thresholds.Your £43k figure will be more like £50k.

I won't be at the AGM as the template from JM will be

It's taking longer than expected

Hopefully be completed by Christmas (but it won't)

Each year the number attending is now getting smaller as many know the template of the meeting now. YoU will obviously get the JM disciples from the forum there (forum admin) droooling over JM like the gifts to hire from an Amsterdam window.

Only 10 working days until the AGM. If we hear no news from the Morocco trial it is another huge own goal that JM can add to his large collection.

As for the MSC fuell agreement and Utah news before the AGM i think it's a case of Bob Hope and no hope.

'And when has what JM said ever come true.'

Well JM did say they were looking at office costs and as per the sustainability report they now have a smart meter so they could be saving about £25 per month on electricity!!!

Not sure what you mean by 'that's an opinion'. It is the plan as JM stated.

Vince...there will be two fuel agreements regarding MSC. One for the trial which will be using a terminal and then the other for the commercial fuel.

Crownos...We know that the Morocco trial RNS will contain the results.

It will be an RNS with the results.

Good rise in the SP this morning. Over the offer price now which is great news. I am expecting 2p before the Morococo trial then 4 to 5p after a succesful trial

Thanks. They must have cashflow issues.