RE: MSC Leandra2 May 2023 12:10
From the interims “outlook” section.
“Quadrise expects to complete the site trial in Morocco, conclude a Licence Agreement with Valkor, complete a HAZOP for marine bioMSAR™ use and progress tripartite discussions with MSC and a feedstock supplier during Q2 2023.”
It’s clear to me at least, that in the above sentence Jason is saying he expects to complete Morocco trial, Utah licence agreement and Hazop assessment during Q2, but will only progress discussions around the fuel supply and manufacture.
So, if you take what Jason says at face value, it’s Q3 earliest for a tripartite agreement. That could be July or as easily September or beyond, then factor in production setup and commissioning, also QED habit of taking way longer than first thought, and you can see why late Q4 is a very reasonable prediction of fuel availability.
Do I want fuel available in Q2 for Leandra? Hell yes, but what I want has nothing to do with what’s actually happening on the ground!