Historically when Quadrise have announced the date of the AGM there has been no material project news leading up to the AGM and at each AGM when JM has stated 'we hope to announce that by xmas' on various milestones they have never happened.
A joint patent application with Nouryon was filed in April 2023 covering BoB.Quadrise has received enquiries from a umber of marine operators regarding BoB which are in the scoping phase of project development and BoB is also under
investigation as part of the MSC framework agreement. QIL is currently in discussions with a refinery in Asia who are interested in using this unit to conduct a refinery refuelling trial using MSAR® in advance of a potential commercial agreement.
RE: SP 10% drop, so what has failed?26 Oct 2023 11:57
Some good buying today.I expect this is due to us coming to the end of October and the trial results are expected. Let's hope the SP goes over 1p before some positive Morocco news,
All valid points 46G. You use to post detailed project timelines for each quarter which were very helpful. We have got to the point now where we know it is a waste of time you doing such timeline posts as the milestones never materialise.
The company now seem to be cutting down comms with shareholders. No Q3 investors meeting call and if you call the company office you get a message asking you to email them on the investors email address.
They say the wisest man at a company is the accountant. He purchased a very small amount of shares at the open offer. That sums things up for me.
If they turn things around it will be exceptionslly good news but the SP says it all.
The SP currently needs a 67% increase to get to the open offer price. I think if the SP goes to 0.5p or below JM will need to turn the office lights off.
100% wrong. If something is scheduled you have a start date.JM would not commit himself to state that date as there was not one.You must know by now he says a lot of things with close timelines just to please shareholders.