Member Info for Salinger

“ Does anybody know why we have not had the early July IMC call ?"

Not sure what you’re referring to HF14, care to enlighten me?

Have to wonder why such misery guts remain invested in a company they no longer believe in. They’re miserable and have lost faith so they’re bloody well going to make sure you know about it each time they post.
We all know when news is due and when it’s late. Commenting on it is one thing, banging on about it to the point you make the trolls look amateur is another.

It’s a right to whine and moan endlessly some people want.
Never trust a “long holder” who’s “never sold a share” “supported every fundraise”, yet kicks the sh*t out of their own investment.

Must be getting close to buy back in time guys? Final push on the boards to get it down the last little bit?
Amazing conduct for “long term holders” who’ve “never sold a share”. Utter garbage.

They know methane is viable, already used in vessels under “LNG” which is largely methane. No trials needed.

This announcement refers to a lower carbon means of production and a renewable element, “bio methane”.
It bears zero comparison to what QFI are doing imo.

So why are most shipping lines using LSFO as opposed to MGO? Vested interests abound no matter what country you pick. America is the most powerful and have huge influence but not as you say Stumpy imo. There is a market out there and price matters. Saudis are a law unto themselves, it’s never ever been about economics alone for them.

“ As for selling on peaks and buying on dips that's tough with massive spreads everyday”

This company has been a traders dream over the years and shorters too for that matter. If you’re not aware of that then there’s nothing else I can add.

I think your chronology is way off in terms of when QFI SP peaked.
As to why people sell shares? You have heard of the concept of “trading”. Sell on a peak and buy on a dip? A process used by many shareholders if they’d only be honest about it. All this BS about “top ups” year after year!

Amazing, been in 12 years and never sold a share, mmm……

Maybe buy some shares in QFI Barking? Would be a first.
Knowledgeable holders of this company have never been interested in 6p as a share price other than on route to a much higher selling point on company success. This is AIM and by definition high risk, its either boom or bust.
I reckon the former is more likely despite current SP which simply reflects shareholder frustration and probably some selling of over exposed holders.

As for you Barking? We know what you are and you’re really not very good at it.

Ah, the pond life have arrived, or should I say changed to another handle. I’m sure Skeleton is a worried investor, not.

I recall a fund raising @35p when the SP was around 40p. Yes, the share price dropped to 35p and it kept on going south, why? Because there was zero commercial success to underpin real value.

If we have commercial contracts with Morocco and MSc onboard, we may not choose to do a placing, instead opting to take on debt. A bank loan for want if a better term.

Future company finances will be determined by our commercial status mid 2023, not how we stand right now. Besides, if it looks at all likely QFI are going to make it reasonably big, then you won’t need to worry, sit back and enjoy the ride. The next 6 months are crucial, no two ways about it, but the odds are well in our favour imo. It’s highly unlikely we will be looking for funding anywhere near current SP levels.

The key to upward progress is market sentiment and that will only change when definitive commercial progress has been made.
It seems probable that we go commercial during H2 2023. If this is on the back of LONO trials then market sentiment will most definitely shift to the positive. That’s without Utah and Central America who may announce something before year end.

As always there’s a few variables in there but I am certain we are 1 announcement away from some form of recovery. I have no idea what an MSC LONO announcement will do to the SP but tbh we need to be looking beyond that point anyway as the real value comes later when we supply MSC on commercial terms.

With Morocco ticking away in the background earning money, there should be a solid foundation to build on with other projects in the americas and wherever else. The MSC LONO announcement will start the process of recovery, it won’t deliver it immediately or perhaps to the levels some may hope to get out. Many bought at these low prices and will see 5p as a huge return on their money and sell, lucky them.
My hope is that MSC creates momentum and sentiment shifts to the positive which as we know given time, impacts the SP.

** will be in different territory.

Maybe not 100% self funding but substantially so I believe. Point is, the SP will be indeed deemed territory and the company can raise funds through debt rather than a placing should they choose. Huge benefit of earning money!

I understand the need to vent and the effects of long term frustration at QFI, most longish holders have been there at some point.
Problem is that negative sentiment is contagious and before you know it everyone joins in for a kick. To my mind this only aids the shorters and reprobates who wait in the wings for an opportunity to create more doubt and frustration.

In fact if you trace this recent negative spat back you will see at the heart of it was Crippin, a well known member of aforesaid pond life. Genuine frustrated holders respond to his bait and away it goes. You’ll note he stopped posting soon after.

The vast majority of QFI long holders are under water. If not they’ve been trading the share to average down. Nothing wrong with that, if you have the skill/bottle, just don’t spout carp on the boards.

Nothing is certain, but I think the odds are in our favour that things will be much better 6 months from now. Beyond that we can work out where we stand at that point.

“If we are fast running out of money”.

Nowhere near that stage, but I do wonder why a certain few posters are focusing in that area right now?
You seem to have thought it through Alam and can’t see a positive way ahead, fair enough. Question I ask is why are you still here? If this is as good as it’s going to get in your view, why stay, why post on bulletin boards, and why keep talking down your own investment?
Makes no sense to me whatsoever, doesn’t help you or your investment but aids the pond life who feed of this garbage.

It only matters if you’re looking for an early exit. QFI were always going to be famine or feast, success will be significant or it will be failure.

So does it matter if the SP is 1p when amazing news comes? It does of course if you’re trading on the ups and downs of the share price which many so called “long term holders” are.

No holder should be happy at current levels but if you think it affects the ultimate outcome for the company it doesn’t.

Are you guys actually invested in this company?

Seriously, you’re doing Crippin’s work for him, he utters a couple of negative posts and you lot jump in and trash the company you claim to partially own.
The same moaners who were targeting Morocco a few weeks ago have now shifted their gaze to the MSC trials and ignored Morocco. Get a grip ffs!

“The sp is at the bottom and right now the only news that will lift it from the very bottom is a signed contract which now is another 6 months away (can officially kicked) why should anyone believe that something will be signed”

What are you talking about? What can has been “officially kicked” down the road? Be specific and avoid the generalisations, it does matter.

FYI QFI have recently signed the new Morocco agreement for a trial this quarter. We await news on LONO trial signatures, Utah update and other americas updates.

What can exactly are you referring to, “officially”?

Some facts to accompany the previous post.

MSC have commissioned 20 LNG capable ships, they have not committed to using LNG on them at this stage. They’re keeping their options open. These “LNG” ships could just as easily end up burning HFO/MGO or msar if that’s the best option at the time.

To equate msar with LNG in terms of being a current choice for MSC is misleading. LNG is an already established bunker fuel with a limited but growing bunkering infrastructure. QFI are not even on the same page let alone a competitor right now, so no surprises MSC would order these ships with an LNG capability to cover future options. MSAR is future compliant with the engines whatever choices shippers make right now.

MSAR can be used on any modern 2S engine whether it’s LNG capable or not. Come the day LONO completes, then you will see which refiners are interested. At the moment it makes zero sense for them to do so given the lack of end users.