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Think we have had enough posts on subject "Please Advise" for one week. Everytime I seem to check BB there is the subject "Please advise". Now it is getting to a slagging match. Can we just post matters regarding QFI, CC, MSAR, Sulfur etc,etc,etc. Not meaning to be rude to anyone but I just want to read relevent matters.
Good post SSW. Lots of opportunities for MSAR. Just cannot trust BOD to deliver any commercial contracts as their track record is so poor. I have been let down so many times since POC that I will not throw any more good money after bad. It would cost me over £1000 to take up full allocation in the OO. I just feel that money is better in my pocket than theirs. I am out UK at moment and will not be able to take part in CC on Monday but I hope others shareholders fire a few f#### into the board. Having said all that I wish the board well. You never know what could be round the corner.
I was at this refinery in St Croix, USVI in the early 80s discharging crude from Kharg Island, Iran. It was a huge refinery then and at that time owned by Amerada Hess Corporation. AHC then sold it to Hovensa JV with PDVSA who then sold it to Limetree Bay. Really hope Freepoint can pull a rabbit in USVIs. With all the new EGRS installed (or due to be installed) on hundreds of vessels surely one shipping company at least would try out MSAR. However that company would probably have to through a 4000 hrs burn to have a LONO.
The part LONO trial with Maersk (and original POC) was only on a Wartsila engine. I think same trial would need to take place on MAN engines unless MAN accepted LONO from Wartsila. Another possible engine manufacturer to consider is Mitsubishi Heavy Duty marine engines. Hope MK and JM are looking into this while in Japan.
Re your link. My very point on 3rd December.
With so many shipping company's fitting out vessels with scrubbers how come QFI have never completed the LONO. I seem to remember that 4000hrs burn of MSAR was required. This was never achieved with Maersk due to buoy gate. So how can MSAR be marketed as a marine fuel without the LONO. We have just one year to get MSAR approved as an acceptable fuel for marine use with vessels fitted with scrubbers. So what is happening.
Why should we shareholders pay the BOD Pay packet for another 10months. If the product is so good why has the cash not came from all these partners that QFI now have. Please BOD don't string us along any more just wind it up.
I saw sulphur = 3.7% of seawater on a pie chart. I am not a scientist or chemist but just trying to support use of MSAR. Latest seawater composition I saw on Internet was Chloride = 55.29%, Sodium =34.74%, Magnesium =3.69%, Sulphate
= 7.75%, Calcium =1.18%, Potassium = 1.14%. I believe sulphate is the ion derived from sulphur.
Anyway back to MSAR. There is a lot of evidence around to support safe environment usage of open loop scrubbers and what Singers has banned is not good for us investors of QFI.
I have read recently that returning sulfur back into the ocean has little or no detrimental effect as the ocean already consists of 3.7% sulfur. It is sulfur that gives the oceans that distinct smell. So I do not understand why SGP should object to open loop scrubbers. The seas around SGP are not the cleanest at the moment so I think it is a little late in the day for this environmental campaign against a process that does not appear to damage the oceans.
Thanks for that post blackwash. Can you remember what was said exactly to suggest MMU would leave Cepsa in January. This may suggest that Cepsa is not oil major.
Can anyone tell me what the last A with circonflex above means in the registered trade mark. This new to me as I only knew it to be just MSAR. Hope for further good news from today's AGM and a possible leak of who is Oil Major. My guess is that it will be CESPA as a working relationship has already been established with them.
Why why why was this project in KSA kicked off in first place. The cost to us investors is huge. The MMU is now going to produce nothing. Very typical of not concluding the project. just like the LONO trials. Plug was pulled on LONO and now KSA.( Only project completed was POC) We have all been led up the garden path by statements of MK in December and he will probably resign and walk away Scot free.
Just hope we do not get an April Fool
Come one week on Friday a quarter of a year will have passed since the AGM. The reading of the AGM report to me suggested that MK expected the contract to be signed imminently. Almost one quarter of one year has passed since AGM and no contract has been signed. Any comments.
It was reported on this BB last week about black soot emissions. I always thought that that MSAR was a clean burn in the cylinder and thus reduced black soot emissions. Need the likes so DPE etc to comment.
Hope you do buy one share for £2. That will benefit all QFI investors.
My understanding of a Buy Out is that is has to be at least the highest SP in the previous 12 months. Anyone got more info on this.
As the Eagles said in the song "Take it Easy". I have been in this share a long long time. Remember back in 2013 b4 POC with Maersk Sept 2013 SP was around 9p. It then went up to abput 50p before years end. I think this product has great potential but just be aware that you should put all your eggs in the one basket. The best investment I have ever made was a £6000 PEP in 1996. I invested in Scottish Mortgage Investment Trust. That investment is now worth around £45000. Love all the blogs that QFI could be bought over and that would be great for me as I would not need to worry about the time to buy or sell. If there was an offer of £2/share I would be a millionaire. Merry Christmas to you all. Good Luck to you all in NY. Good Luck to QFI in NY.
Not many days left in 2018 for an RNS about KSA. Next week I do not think there would be anything on Friday.Friday is Holy day in KSA. The following week there would only be two days. So that is a total of 6 days. Does any one know for sure where the second MMU is installed or is to be installed. I don't see the second MMU plant being used for KSA unless it is already installed. Would be nice to know if any MSAR bunkering has taken place at Cespa recently.
BBC have just reported that KSA are to allow cinemas fron 2018. I hope they will also allow MSAR from 2018.