Member Info for semaphorRed

"£36.88m MCap right now, dirt cheap still."

Cheap beyond belief. While we haven't reached commercialisation yet, the chances of complete failure with so many irons in the fire are miniscule and the share price doesn't reflect a bit of it.

Might get a t-shirt with Peel*unt on it and wear it to the next AGM as the height of fashion

Do we have any figures...for example how much fuel each uses and how much money per ton Quadrise is, at a guess, likely to make?

We're at 2p now.

Https://www.proactiveinvestors.co.uk/companies/news/1048515/quadrise-shares-up-as-another-big-name-agrees-to-trial-1048515.html

"I am proof that is nonsense"

Sample size of one. This is probably how I sound when I talk about the oil business.

"The number still sitting on high averages are the minority."

Losses will be greater than gains, the total loss will be the market cap reduction. There's no way around that.

"Not if you averaged right down"

Yes, even if you averaged down. The share price is the share price. Individual investors are irrelevant, only the average counts.

" If we are getting 17% increases once we are at 30p+ then I will be a tad more excited!!"

I believe we still will. The dam will break with the first steady income, however small.

17.5% is a vast amount for a savings account and great for a blue chip stock. But it's really next to nothing for us. We need hundreds of percent from where we are to make a dent in the decade-plus decline we've suffered.

"We are now talking months instead of years"

Moreover, it is months of directed activity, not waiting for someone to do something.

I do sometimes wonder how certain people on this board would run the company were they in that position. Would they tell an agent "you didn't perform in the agreed time scales, now b*gger off, we'll sit alone and stew". Or in response to "I would like 10% of the warrants to be awarded at a point earlier than full commercial contracts" would they respond "take it or leave it, pal, we don't even need you"?

It seems there's a lot of talk here but without any actual knowledge of the way the world works, even in the simplest terms.

"As you likely know fine well semaphorRed, I was referring to the warrants which expired, not the agreement to represent us in Morocco"

I know you were referring to them and I said they'd been extended, you implied he was being given them for nothing since they'd expired. Clearly his work was continuing and continuing in response to commensurate reward. I don't see the issue here.

"And the reason it expired"

Apparently it didn't - it was extended, and thank goodness it was, look at the result.

"Nothing like a bit of a backhander to get things rolling..just a little excessive imo"

What on earth are you talking about? This deal has been public knowledge for years - it's literally performance pay, it's what ever moaner on this board demands constantly.

"If we can get an SP of 2p today it will be fantastic."

I know this is probably going to be taken as facile or trolling but, genuinely, why?

"Plus, the OCP LOI held by QED to trail around the Mediterranean (read: CEPSA Refineria San Roque) ) is massive news and something we’ve never had before."

And what is this LOI exactly and what does it mean?

BP: his point is correct. The framework agreement is why the SP is not moving. It is neither a good nor bad thing, simply the explanation. Commercial agreements will come, but they have not done so yet.

"Hopefully we get a JM interview today/tomorrow with an update re: where we are with MSC."

And to fully explain this RNS! Feels like I'm the only one who can't fully wrap their head around the two elements here.

".Whether it does work, or not, is irrelevant"

Fair enough but it definitely doesn't