Member Info for semaphorRed

"If Quadrise do not issue an RNS to advise a delay to June, then the Proof of Concept is still going ahead on the 18th May"

This is definitely not true - there was never a hard deadline for this, only a target, so no RNS would be required.

@Tobythedog yeah, I understand, you're very likely correct as you say. The vast majority of brokers are very poor quality and put a premium on low prices.

"QED has frequently traded below this figure on Wed, Thurs and today"

But not with you, apparently. This is a feature of very low liquidity shares, I say this a lot here. There's a market, and if no one wants your shares at or above a specific price, there won't be a trade. It's even possible that someone *does* want to complete the trade but has done so with another participant who just got there first and there aren't more participants at that price.

"See if you can find this Stocky"

But how is this guy having conversations with accounts he's blocked?

Who comments on posts they supposedly can't see?

"Just stop making the damn stuff"

And use what instead?

"if it's that easy to get insurance"

It's important to understand insurance. "Getting" insurance is like "getting" a casino to take your bet. You'll find a casino somewhere to take literally any bet. However the odds they'll offer you may be unfavourable to you. Insurance of approved fuel types (interestingly they're never actually "approved", just not objected to) are much cheaper than a completely untested fuel, with partially tested fuel falling between the two. Our fuel is actually a certificated fuel - an interim LONO is an officially defined testing stage - although due to the passage of time and hardware modifications the LONO will have to be restarted. It's been previously announced that the interim LONO stage is so noteworthy that at that stage we will begin to roll out bunkering infrastructure and also market the fuel, this because all parties understand that the likelihood of a fuel successfully reaching interim LONO stage but not full LONO stage is almost impossible. Remembering too, that this actually happened - MSAR has been used on the high seas on a long term basis and the engine was analysed afterwards with no abnormal wear or stress indicated.

"It will be interesting to see what companies are able to get insurance"

Anyone can get insurance on anything. The *price* of insurance in this case will be considerably lower than an experimental fuel because it's already been extensively tested at sea, all the way to interim LONO stage.

"Buys going through at 4.99p, sells at 4.7783p. mid price therefore now 4.8815p but it's still showing incorrectly as 4.60."

This just shows how irrelevant that published price is. Firstly, it's delayed. Secondly, order book matching can and does occur away from the "mid price": for stocks with lower liquidity, trade prices can fluctuate significantly between the bid and ask prices. If a stock is thinly traded, a single trade at an outlier price (e.g., at the ask during a buying surge) could differ from the displayed price, which might reflect a more stable or averaged figure.

"If you went into a shop, picked something up and went to the counter only to be told the price label was wrong and you had to pay more"

If you went to Tesco and the carrots were priced at £1 and you told them that in your opinion the price was wrong and you'd like it changed, it still wouldn't be as ridiculous as you writing to the LSE.

""I've emailed the London Stock Exchange asking why the price is wrong" 🤣🤣🤣"

You genuinely could not make it up. Someone believes they have better price information than the people who set the price information.

"the CTO still remains the most important person in the business"

Certainly - for a while yet, the CEO will have a role similar to an executive chairman and will not take executive leadership in a majority of functions. It'll be a slow build but in house experience is essential so it's important to start now.

Is Metatron and Ir77 the same person?

I think Jason as CTO was something that was always going to happen. He was "acting up" as they say - basically in order to save money - but also because at the pre-commercial stage, the roles of CTO and CEO were essentially the same - the entire role of the company was driving the technology forward to reach the point where another company would be able to use it. R&D, formulations, various levels of testing, all of this was CTO role driven but by the CEO. At the point of commercialisation, the tech aspect will begin to plateau and it'll be more about managing a large company and driving it forward. A CEO role.

The closing prices, for those who care, were almost certainly 4.8 buy 4.71 sell

"If you are a CEO and get demoted whatever your skills it is very likely"

Likelihood is irrelevant - this is a specific situation. JM will stay on the same salary for now and can look forward to a raise when commercial revenue comes through.

When Elon Musk quit as Tesla chairman he didn't suddenly become poorer.

There's no way JM takes a pay cut, absolutely no way. The CEO role was almost certainly a temporary position until a person with real, overall executive function was required. I see a pay increase in Jason's near future.

"I think they can see the MSC trial will go ahead on 18 May"

I kind of agree with this but not about MSC. I don't think they'd have made this move *now* unless they were particularly confident about one of their projects turning commercial very soon indeed. It needs not be MSC but it's hard to think they'd make this change of commercial revenues weren't right around the corner from somewhere.

A blue chip focussed move. JM as CTO to drive the tech side of the business with an experienced CEO to interact with partner companies.

"Attractive royalty rates of 8% "

What does this mean?