Member Info for semaphorRed

AIS pings about every 20 minutes around there. She's sort of between Hainan and Manila with a heading past Hong Kong.

HSBC thinks my shareholding is in some American company called 360 finance ticker QFIN...they're at $18 a share and never have I been closer to selling! Although somehow I doubt that would hold up.

RNS: won't affect shareholders.

*cries* I just want something that will!

I will say though, that leading up to the Maersk trials, success had probably been largely priced in. So if MSC takes us up in an moderate way we can expect c. 30p share price. Obviously if MSC rolls us out in a major way or we get other deals, we can expect multiples of that.

By not burning fossil fuels for electricity.

"They know the cure"

It's to keep the refinery going full time, for export only and have nuclear for their own power needs.

"Some have speculated that this might be shortcut somewhat by having the same supplier for MSC and OCP"

MSC made an announcement recently, I'll see if I can find it, that included what I saw as a very pointed statement about bunkering requirements which I read that there is no supplier as yet and there needs to be. However I don't think a supplier is a hurdle there. If MSC says "we need to buy this product and it needs to be available in these quantities and in these locations", oil majors will be queuing up. It's literally what they're there for.

"That too, but we’re not expecting crude oil assay results from Morocco unless we’re drilling for oil."

True. These so-called trials in Morocco are barely anything. Certainly it isn't a deal that hinges on whether MSAR works there. It works. The deal hinges on something else, probably various politics and decision making trees that I'm not aware of.

https://en.m.wikipedia.org/wiki/Crude_oil_assay

Yeah we all have our own timings. I just need to sell a little tbh, and can be December 31st, no problem.

So I'll be honest, I've held this since...no idea, 2016? And it's always needed to happen for me by the end of this year for personal/tax reasons. Not that I'm going to sell it all or anything, but I do really need some of this money by December 31st. So I've been pretty relaxed until now, but will become less so as the year progresses.

"We could create our own RNS's"

We have to. No one else seems to be up to the task.

"Only skeletons for a crew"
A skeleton crew perhaps? Otherwise....

https://youtube.com/watch?v=Nlp_xU_BQok&feature=shares

Agreed. We were so long in the 6p to 9p range with so much less on the books.

"But Noel has proved from the charts that the price is going to 1p,"

This is guaranteed. We have been thusly informed and as you can see we are heading towards 1p as we speak.

"HF has been talking his own book for years whilst trading in and out."

No idea, but who cares? Nothing we say here influences anything.

Lol I know, I hate it when they say that in financial services.

"To them, QFI “savings” amount to small change left at the bar."

That's not entirely true but the way things are run in Saudi and the Gulf and actually lots of other autocracies is weird and not really profit motivated. Along with their MRE food pack, Emirati soldiers are given a sticky and impractical bag of dates and I can just imagine some sheikh sticking his beak in and telling an expert "we have lots of dates, give them dates" and no one can answer back with "that's really expensive" or "that doesn't fit the nutritional profile and they're too heavy and sticky and inefficient". So now they all have a bag of dates every day, rain or shine. That's why getting things done is so hard. There's a massive risk if you fail and absolutely no risk if you don't try.

"More chance of winning the lottery then anything from Saudi"

Agreed. And it's the type of companies and countries that make up the great bulk of our eventual clients that is the primary reason for our long history of failure.

Wasn't Orimulsion almost zero sulfur? How much naturally <0.5% sulfur crude/HFO is out there?