Member Info for semaphorRed

Also, WTI is just under $70 a barrel with the 52-week range being the $65 to $90 per barrel so 150% of WTI is $105 per barrel.

If Fyoz is right and it's $10 per barrel, the SP shakes out to...seven times more.

Marine Fuel​ 150% of WTI (Quadrise Technology) ​

Indicative demand for 60,000 bbls/day @ 150% of WTI​.

At $10/ton - £23M per year, less costs, ~£20M per year, 1.1p EPS. P/E of 25 is 28p.

Although for this project in isolation and with other projects still in the pipeline there's no chance of the PE being as low as 25. Indeed, the market would take additional projects as being essentially a sure thing

Well done Fyoz. While we don't know where we are with some of the deals, we do with at least one, which seems as much of a sure thing as can be. And we've only ever needed one.

Sorry but it genuinely seems that the complaint is that there are no deals being done and also that the deals that are being done are the wrong sort of deals.

"QED is just an equipment supplier"

And why is this important? Quadrise, in essence, supplies MMUs.

"which isn't his project"

This part is stupid.

"Only 8 working days until summer ends."

Indeed. I'm sure all parties are fiercely focussed on this as well as days before Christmas, the winter equinox and whether this is a leap year

Isn't this significant for Vanadium?

https://www.fastmarkets.com/insights/chinas-new-rebar-standards-may-deal-another-blow-to-domestic-steelmakers/#:~:text=On%20June%2025%2C%20China's%20State,implemented%20from%20September%2025%202024.

What are the factors affecting global vanadium pricing?

No they haven't, and based on what MSAR is, it won't happen. The whole thing with testing is just to find tune the processes to conform to different types of oil

Funding in 6 months will be neither difficult nor a negative if there is substantial progress (money in the bank) in at least one project. If not...

"it just happens to have the MSAR kit onboard."

What

" I was attacked last time for criticising the board and was told I was out of order and that the company was on the up and that signings were "imminent"."

This was you Lionel, 2021. Why lie like this when it's so easy to check?

"SP is never going to be Sub 3p again, so I will be taking up my quota without question."

"Mid April 2027 perhaps?"

If this were guaranteed I'd have no problem with it

"It's a good job Brian ne Saville / Haggis / StockCheque made me a Mod on the forum 10 years ago or the place would have died!"

Oh no

"The most technical person in a company is not necessairly the best businessman"

Of course and that might be true here as well but it's uncontroversial that he is the best we can find and afford at this stage in the development of the company.

"JM shouldn't still remain in his position"

An injudicious and ill thought out comment. You won't be able to name another person better qualified and if you could you wouldn't want to pay them anyway.

Because they didn't double the share price and if they did I wouldn't care. I don't moan when the share price drops so I won't celebrate when it's 2p. That's not why we're here. We're here for commercial progress. They need to make an announcement. Now.

Agreed. It's incredibly hard to find a route to justify the lack of transparency here. It's important they release real information about this delay, especially since it keeps happening.