Member Info for Salinger

Indeed, bad news for Canadian oil sands who are among the most messy polluters the world has seen. The exact opposite of what Greenfield/PQE/ /QFI have to offer the world. No more filthy tailing ponds with millions of tonnes of unusable sands discarded on the surface. In its place, sand that is so clean it’s suitable for industrial uses. This is good news for Petroteq technology, very good news.

Access to Morocco is not the issue, its access to the relevant sites. Until the customer invites us in we have to wait regardless what happens elsewhere.

Like many longer term holders, Ive always believed QFI would either be enormously successful or fade to oblivion.

Both outcomes are still perfectly possible, though success seems a shade more likely.

A few things have to fall into place before we get clarity. Successful trials, positive decision to go commercial, then I’m pretty sure supply will come from Cepsa alongside LONO supply. Given our failure to hit deadlines, regardless of blame, it’s more likely to be Q1 2022 before commercial income flows from Morocco and LONO fuel supply.
Utah is and will remain a question Mark until such times as the POSP process and ore supply is confirmed. We’re some way from income there I think, regardless what we are told. Potential is one thing, reality of delivery on stated timelines another.

“Testing” has nothing to do with an engine. It involves analysis of the oil to establish which blend of chemicals will give the desired outcome. Test mixing it in a small MMU and most likely test firing it although this part may not be necessary.
To coin a phrase, it’s about creating a bespoke recipe for Utah oil’s conversion to emulsion.

They plan to restart the POSP “after Easter”, so that’s an open period. They then have to make sure the system works properly so probably a few more weeks to get it set up right.

In reality it’s more likely May before QFI receive the samples so nearer end of May early June before a decision is taken on sending the MMU to Utah. At least the trial should take place during optimum conditions in the summer.

“Buyers will be buying in bulk at 3.05pish - they waiting on sidelines.“

What a load of 3.05pish you talk MM games!

You were never insulted, get a grip. Any serious investor in QFI should know what a LONO is, who issues it and why. If you know all about LONO then you should have known that I had already answered your question in my post shortly before yours. Are you saying you still needed Crippen to confirm it?

I’ve never read of posters being confused about who issues a LONO, certainly never heard of anyone thinking Shipping companies did it that’s for sure, so can’t see what you think it needed clarifying.

“ Can you confirm that a LONO is for each engine make model as opposed to per shipping company”

Did you read my post? I assume you did but were somehow unconvinced. Any holder who didn’t know the answer to that question should seriously consider if they know even the basics about their investment.

A LONO is issued by an engine manufacturer saying they do not object to the fuel being used in their engine type. Once a LONO is granted to an engine type, then any shipping company who uses that engine can also use the fuel without completing another LONO.
What each shipping company does need, is a clear picture of the economics/practicalities of using MSAR and in the case of Maersk and now MSC, these questions can be answered by an “operational trial” alongside the LONO trial.

In short, other shipping companies may carry out their own “operational trials” to see if the economics stack up for them, but once a full LONO exists then it does not have to be repeated.

Different engine types/models, which some of the bulker shippers have, would of course require their own separate LONO as it’s not the same engine as the MSC LONO engine/s.

We really don’t want to be bothering with undisclosed opportunities. They need to get those we have over the line to commercial income, that is the pivot point for our company. We’ve existed for nearly 20 years on potential, I’m not particularly interested in any more of it at the moment. Get what we have signed up commercially and see what’s about then, MK /JM said as much recently, we are a small company with limited manpower etc. With commercial customers we can expand our staff and begin growing the business using the experience of those customers as our selling point, the much talked about domino effect.

Keep your private life to yourself Hughie!!

Welcome, hopefully you’ve bought in at the perfect moment for you!

Tongue, cheek, in. lol

If you’ve been watching this forum regularly then you should know there are plenty of enemies lurking only too happy to spout lies and disinformation, has been so over the years and will remain that way I’ve no doubt. All friends welcome as far as I’m concerned.

Random views welcome from genuine posters, why did you decide to speak up now? Always suspicious when “long term” holders just suddenly appear, be different if there was a huge announcement but a boat stuck in Suez.

For a first series of posts they are bizarre, what did you think happened? Mike and Jason ran off with the money? Nah, I find that when I smell rat it’s usually because there’s a rat nearby.

Let me see...a brand new poster and his first posts are panic stricken, not at all sniffy.

Some of those who took part in the placing may wish to sell some at a modest profit and recover some of their initial investment to reduce risk, while other smaller placees may choose to sell the lot as a short term investment/return. Again, different groups have different expectations, so I agree with an earlier poster who said it will take a month or two for those choosing to sell to do so at a decent profit. When that process is complete I too would expect a more steady climb based on progress reports from the company. Just because a few folks sell some shares doesn`t mean its necessarily bad, just they are on a different flight path to most small PI holders.

Well, they got Brexit done so why are people surprised that the world is not the same as before? Choices and consequences.