LONO signatures20 Jan 2021 11:42
...would change everything in the short and medium term. Funding would be secured easily on the back of LONO agreements with a major fuel user, as that beds in through H1 Morocco should develop into a real commercial opportunity further supporting the long term SP, ditto for Utah. So its not hard to see why most holders are a little nervous, this single development would/should be pivotal and take us beyond a single figure SP. MK and JM know it too which is why they talked up the agreements before year end. As always there is a delay, hopefully its not terminal but its most likely well beyond anything QFI can control. Its a big decision for a shipping company, so if they do sign up then its major news for us!