RE: Potential10 Jul 2020 15:09
This was the post you were relating to....
Why did you not just copy and paste it?
RE: Why I'm invested hereToday 13:03
600 Thieves,
Thanks for sharing the info on Tomco leases. Nice to see some proper information on this chatsite rather than the incessant noise and blather of the day trader crowd. There has been a lot of in depth discussion and analysis on the Quadrise Shareholders Forum on the Tomco announcements, in particular from our oil guru IanB. What the Tomco articles, releases and interviews seem to be missing or misinterpreting is the important fact that the POSP operation and technology by itself does not produce 500 or 10,000 BOPD of HFO available for use or sale, it produces a bitumen based product. You can't turn bitumen into HFO without trucking it away and refining it. That is sold at a pittance compared to the value of the final refined product. It is the quadrise MMU process that turns this bitumen into an emulsion fuel (adding a mixture of chemicals and water rather than the refinery process) that produces the saleable HFO equivalent product known as MSAR (emulsion fuel) which is a cleaner burning, carbon reducing, NOX reducing equivalent to HFO. This is where the real benefit of the process comes in, allowing Greenfileds to a/ use the MSAR to power the plant process and b/ eventually find end of line consumers to consume the 10k/BOPD day MSAR output, and to access the margins of the higher value of the finished product.
This is also where Valkor as the partner in Greenfields will come into their own with their distribution network. Quadrise also hae an MoU with Freepoint who are one of the a largest oil commodity traders in the US, so would not be surprised to see them also involved further down the line.
The as yet finalised discussions between QFI and Valkor to agree the commercials are the key to this deal working for all parties, but I think we are all hopeful that this is just a formality. I've bought into Tomcvop and PQE on the news announcements and happy to sit and also further accumultae both of these on the dips over the next 12 months. Won't be selling for 1/10th of a penny gains.
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