Member Info for Nejc113

Ammonia is a solution until someone makes a hazard analysis for usage on a ship.
1. No one can make a ship so safe that ammonia can not come out of pipes, reservoirs….
2. Ammonia is a high corrosive medium… I’m not sure how the motor, tanks, pipings and pumps needed to be build for usage of ammonia.

So the question is how much money and material you have to put on a ship to make ammonia usage safe and how much material you still can transport with such a ship. If you make a mistake in design, you loose the whole crew and you just can hope that the accident is not happening in a port.

Has some one other a better assumptions? What do you think the potential is for Morocco, MSC, total Market, potential market Share, MCAP, SP?

If we look for the royalty rates …„ According to Upcounsel, a nationwide legal services company, the industries with the highest average royalty rates are software (9.6%), energy and environment (8%), and health care equipment and products (6.4%). The industries with the lowest average royalty rates are automotive (3.3%), aerospace (4%), and chemicals (4.3%).“ …. Is it 10GBP or 50GBP of 300-400GBP/t? This is the question…. But it doesn’t matter, what matters, we have just with Morocco a stable business, what then can happen if MSC and others jump in, the SP I can not even calculate because it is a potential function :D

And do not forget, we are not investing in a supplier of fuels. We are investing in a technology company what will sell not the product/fuel, but the licenses and max equipment. So the costs for QFI are the costs of running a company, but not additives, equipment…..

I used 10GBP per t for QFI for this numbers, one week ago it was mentioned that this number would be 50GBP… so I calculated with minimum numbers and this should stay for QFI as nett income…. We will see what will be, but this are my assumptions and predictions, you can make yours…. And I would be happy to see them…

2-5kpbd states in the presentation. So 320-800m3, with density abbaut 1.05 t/m3…. So yes I was to high… but still is 10000-42000 GBP/day or min 3 000 000/y… what is from one customer enough for us :D …. Thanks for a push, that I check the sources :)

Dgdg1 I’m not sure, but I think it was once on this forum. What number do you have?

I have written two numbers 3.9-7,1 GBX for Morocco… for MSC we are fast upwards 1000GBX

If we add QFI tax credit… and add 20 up for future…. Let say MCAP of 100mil or 0.071 is possible too just with Morocco.

Morocco uses 1500 t/d… so if we say for QFI 10 gbp/t… we have 5475000 GBP/y from it…. So the MCAp of 54750000 is possible with Morocco, or SP 0.039 GBP….

Do not forget, that Maersk wanted to bind on themself some patents and lost. At that time sulphur was the new legislation, from 2024 is CO2 emissions and Maersk had no possibility to evaluate options with BioMSAR.

So the options, legislations, partner and financial aspects were total different as with MSC now.

My money is on MSC project progress, new regulations with start 2024 for shipping industry and institutional investors… so the finis run has started and I believe that we will achieve multiple SP in one year period…

The product is ready now, it is certified and from what I know is the only product that is cheaper as fuels used now with flexible co2 emissions control. The market is forced to do something too and institutional investors search for growth in this times.

So what can go wrong? :D

This 10m t/y are not much…. We have to be ready for fast growth.

So it is important to choose a good partner for distribution, and I hope shell will jump in as we talked few times until now would be a natural partner for QFI team and Nurion, …

My estimate in combination with next year regulations that we can achieve 10% market share in first year, or in other words 20 M t/y for start…. If we can achieve the fast scale up.

So price of 2 GBP is possible in 2025.

I was afraid that with the testing is something wrong, but I’m glad to hear the last brick in the wall standing. From my view we have proven economical, technical…. Aspects of new product.

Now is just the finish line waiting and we have to cross it. It will not be easy, but I always say, for success you have to bleed. And I bleed out -60% :D, and my patience was on the edge… Now please bring the product to commercialisation, so we all can start to talk abbaut dividends.

Not me

:D … I’m not sure where I can speak, but if I buy 2 Mil stocks from a company and I have a 50% losses I can say what I think is the problem.
I’m Stil on board for success, and I will put more on the table when time comes, but I want news, updates… not excuses what is possible or not.

disingenuous… the agents are the problem normally, not the solution ;D … If the company has no boots on the ground, then just time passes and the cost go up.

I have traveled around the world in the times of total lockdowns, been in quarantine just in Thailand for 4 times, …. But my projects have no time delay. So yes they need some people with an attitude, if not the time passes, emails go around and nothing but time delay and costs happen.

I’m doing business international to and customs can be difficult, but I know it and there are measures to prepare.

For Morocco they could send a small amount upfront to get the papers, so when the main shipping or test is confirmed they have the procedure clear and documentation prepared(with contact and amount of the fee :) ). I have a feeling the team needs more project people with real life experience.

I have written them too, but I do not believe they will answer.
And as I remember they worked last year this time. So hopefully they are now writing the RNS ;(

To you and all investors to… Let be next year ours :)