focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Any full fat sulphur fuel would've had too much sulphur for companies like Maersk that decided to go the untested poisonous, polluting 'low sulphur' easy option. ..not so easy on the conscience now eh?
Clearly the Maersk trial went well as an interim LONO was acheived as this RNS in june 2017 informed..
"Further to the Company's announcement on 7 June 2017, Quadrise is pleased to confirm receipt of the Interim LONO issued by Wärtsilä which confirms that:
· The MSAR® emulsion fuel has satisfactorily completed 1370 hours of a 4000 hours validation test on-board the vessel SEAGO ISTANBUL equipped with a Wärtsilä 12RT-flex96C-B engine, including a maximum duration of MSAR® continuous operation of 139 hours.
· Based on the results of engine inspections and cylinder condition monitoring, Wärtsilä has envisaged no detrimental effect on the RT-flex96C-B engines with the use of MSAR® fuel used during the test. With the number of hours on test being lower than the full test requirement of 4,000 hours, together with the current maximum continuous hours of operation on MSAR®, there remain points that would be assessed further in the next stage of testing as part of the normal process for issuing a full LONO. "
As for buoygate, well, if there had've actually been a buoy it probably wouldn't have happened. The Seago Istanbul hit an un-marked submerged wreck off Alexandria and ruptured its outer hull skin below the waterline. All containers had to be unloaded and the vessel sailed to a major repair yard in Turkey. Disciplinary action on the Captain and Pilot ensued we were informed at the QRF visit a couple of years ago.
A very In depth analysis of the 'Frankenstein Fuel' saga...
https://www.hellenicshippingnews.com/shipping-gate-why-toxic-vlsfo-frankenstein-fuel-is-such-a-danger-for-the-planet/
"What happened to safe testing?
One of the big questions that Ministers of Transport and Ship Safety Authorities around the world will need to ask themselves is what happened to the safe testing of this fuel?
The oil and shipping industry appear to have been given carte blanche to simply introduce a new chemical into the marine and industrial supply chain, without any Government oversight whatsoever. These were issues that the industry appeared to know about, but were never transparent on how risk was being managed, especially for crew or coastal communities who could be impacted."
Oh how we would have laughed! ..if it hadn't have made us cry at the time!
"How many years has bioMSAR & MSAR taken to get to market?"
Not quite as long as it took the first Dyson vacuum cleaner. ..your point is?
The question was asked in the AGM Q&A presentation and is on the Q&A's as no 70 . Jason replied that to target prospective customers, a fuel specification is required. This isn't available until an assay on the fuel is carried out. No fuel has been produced yet of course.
This assay obviously will be carried out as soon as some MSAR from the received samples is produced.
Supertag's sale has popped up at 10:16!
Use your Vote(s) Wisely....
https://www.sharesoc.org/investor-academy/advanced-topics/general-meetings/voting-general-meetings/
Section 6 is particularly pertinent.
Dummy buys throught today tell me that a very large proportion of todays 'reds' should be 'blues'. And the price has finally ticked up to further hide that fact!
BP, I am expecting a lot tomorrow.
Never once been right! More like Crystal meth!
https://petroteq.energy/news/press-releases/detail/362/petroteq-energy-announces-it-has-overcome-covid-supply-side
"Modifications to the POSP to connect MSAR® commercial production equipment and MSAR® test equipment from Quadrise Fuels International plc ("Quadrise") for post processing of produced oil are in progress with the intention to undertake testing before year end in cooperation with Greenfield and Quadrise.
In accordance with the Greenfield JV agreement and pursuant to the existing work order between Valkor and Petroteq, Valkor personnel will remain on site during the start up of the POSP and, once operational, will continue to manage the plant in favor of Petroteq.
George Stapleton, Petroteq COO, commented: "I spent most of last week at the POSP and am very impressed with what has so far been accomplished by Valkor and Petroteq personnel to implement design upgrades and make ready to receive outstanding equipment and control system components. Our suppliers have experienced delays due to COVID-19, but the team has worked to minimize the impact of these delays such that a restart of production during November 2020 remains probable. I am looking forward to testing the Quadrise MSAR® technology and determining the value added to our produced oil as a result of MSAR®."
Worth watching the video on the home page too!
We are now getting far more (better worded and informative) news about Quadrise from outside Quadrise!
Things are starting to look a little bit more than promising.
Also the first time something on the QFI website is available in dual language (English and Arabic) Very focussed.
Colin100 cracks me up every time! Work on the stand-up comedy circuit must've been devastated due to Covid-19?? Hope it picks up soon.
The Monthly "Issue of Equity' perchance?? not really being manipulated is it??!
Great find Rob. Yes we certainly heard last night that there is no competitor to MSAR, which once again "Burns like Gas"!
More pumping than on the Spabunker 55 and it still ain't moving!
Yesterday's TOMCO interim release is certainly well worth a read
https://polaris.brighterir.com/public/tomco/news/rns/story/xjyplox
No less than seven mentions for Quadrise about whose technology they seem somewhat excited!
It won't be until after QRF have tested the UTAH product's suitability for MSAR production which I was told, up until last week at least, hadn't been done. Depending on stability test requirements, this can take months!
The company will "provide an update, as appropriate, in due course", which translated means "The piece of string length is undetermined"
Expect Morocco / Ecuadaor news before this.
Don't be daft Fyoz.
Go the whole hog, call it...
'Colloid Oil Residue On Nouryon Additive'
Recently, a bit of SM presence... https://twitter.com/QFIPLC
With thanks to FFS on the forum
https://www.desazolvemex.com/msar-tech