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Pigfase, assuming you’re actually interested in learning why the dispersion is important..

During an oil spill, the environmental recovery plans focus almost solely on using chemicals to ‘break up’ the water into smaller droplets so naturally occurring microbes can consume them quickly. This is also to break up the oil slicks that has a disastrous effect on local plant and wildlife.

As MSAR immediately disperses into billions of component parts when in contact with water, there is no danger to the local environment through the oil slick effect, and the dispersed oil droplets are immediately in prime form for all the naturally occurring microbes to consume them.

The first couple of paragraphs of this article makes this point clear if you’re looking for literature as evidence to what I’m saying; https://www.scientificamerican.com/article/how-microbes-clean-up-oil-spills/

The fact is, the dispersion effect of MSAR products in water is yet another hugely positive environmental factor in favour of this fuel. This isn’t in any doubt whatsoever.

Further to Prep’s point, you can see in the below video how readily MSAR / BioMSAR disperses in water. Now imagine if that beaker was many, many other of magnitudes larger to represent a sea environment? The MSAR rapidly disperses and natural processes break down the remaining component parts, there is no oil slick and no environmental disaster to local plant / coral and animal life.

If for whatever reason the link below doesn’t paste, the video was posted on Quadrise PLC’s LinkedIn page just 3 months ago.

Ps. I have also seen this demonstration in-person and can confirm it’s not a camera-trick!

https://www.linkedin.com/posts/quadrise-international-ltd_marine-energytransition-sustainability-activity-7171124530596200449-tpvE?utm_source=combined_share_message&utm_medium=member_ios

Tanjong beach in Singapore is currently covered in oil, following the collision of a Netherlands-flagged dredging boat and a Singaporean fuel ship moored in the shipping straits off the nation.

This would be a complete non-event if MSAR / BioMSAR were used as the fuel mixture immediately and fully dissipates within water, after which point naturally occurring microorganisms break down the remaining component parts. Oil slicks would be thing of the past.

100% Wonga.

The end-April Directors Talk interview also saw JM state that both projects in Southeast Asia & Americas are now at the ‘final stages of negotiating and finalising agreements for the trial’. So yet more fish to stick in that barrel.

Whiskyman01 - the below IR response was received today, as this same reply was received by other holders.

Yes quite right Jack. It was the 15th Feb 2024 - Project Development Agreement (PDA) with Euthenia and BTG Bioliquids RNS that stated;

“A binding term sheet is expected to be finalised and signed within four months of signing the PDA to cover the larger diesel engine tests, the marine vessel trial and the future commercial relationships between the parties.”

Hopefully news on our new mystery marine vessel trial operator soon then? Jason advised to the group attending the QRF earlier this year that they are a well-known entity, stating “we can't say who at this time, but you would know them."

Yes tomorrow morning - so don’t be too excited when you see the red dot!

I specifically asked this question as I thought the same - however the answer was that it the MSC deal was not contingent / awaiting conclusion of the raise.

Also price sensitive news can't be withheld by the company, so if there’s no news it’s because there really isn’t any that they can share yet.

Irrespective, I anticipate news literally any time now of the signed trial agreements and I also expect a significant rerate off the back of this. Hope I’m right.

Well as the placing and subscription has already raised £1.5m there is clearly investor appetite, and as they’re now only looking for a further £1m through OO (which the placing and subscription investors can also partake), to say there is ‘absolutely no chance’ is utter rubbish.

Also as has been stated previously - the request on investors is much lower this time (only 1 share offered per 19 held), so my read of the situation is that a full subscription is, on balance, quite likely.

+2.49% from yesterday. To the moon, HODL, etc 🚀 🚀 🚀

I don’t think that’s for sure at all. I’m actually very confident any fund raise would be oversubscribed provided the tripartite agreement was signed prior to a funding announcement.

What are you worried about exactly considering you’ve treated this as a write off? Presumably your intention here is to ‘save’ investors by convincing some to sell, where would we be without such philanthropy..

Also there’s obviously no buy out coming anytime soon.

Investors simply expected the full tripartite to be signed and agreed by now with funding secured off the back of it. That’s not yet happened, therefore the price is slightly down. Anyone overplaying this from any other angle (bull or bear) is, imo, being deliberately disingenuous. Especially those individuals who suddenly appear out the woodwork as seasoned 10y LTH’ers - I can’t believe how many of you there are!

StockCheck,

Any new placement will be offered at a discount to the current market rate, so 5% dilution is too optimistic if this scenario. Also, given the ongoing situation and escalating funding concerns, it’s uncertain at what the SP will actually be the time we get a funding RNS. In my opinion, we’re looking at yet another dilution that would be closer to 10%. That’s if £2m is even enough to get us where need to be (the previous raises weren’t) and the BoD don’t ask for more.

Also, the impact of this dilution goes beyond any immediate price surge post-funding. A 10% dilution would lead to a SP that’s 10% lower than it would have otherwise been, particularly once/if we make it commercial. Essentially, we’re yet again continuing to inject capital merely to maintain our position and stand still.

46G how do you place such large trades? Do you ring your broker and ask them to sort it out & do they charge for this? I’ve little familiarity with such high-cost purchases.

Largely agree, although it also depends on who our partners are. If it was Shell I might expect an even higher upside.

Another poster on the forum also received a response from IR effectively saying the same thing.

I’m hoping the recent drop won’t matter barking. The news, if it is delivered as we expect, should blow the doors off and external investment will come flooding in.

While it's disappointing to witness the recent dip in our share price, it's a common occurrence to see profit-taking after a period of notable increases. However, let's focus on the bigger picture. Jason has made clear his expectation that tripartite agreements are expected to be signed and announced in December, of which we are halfway through already.

It's crucial to remember the significance of our trial with MSC. The recent shore capital analysis highlighted that success in this trial means QED could potentially earn approx £50 per tonne. To put this into perspective:

* MSC's annual fuel consumption is a massive 10 million tonnes.

* Even if we only supply 10% of MSC's fuel needs, we're looking at potential annual revenues of around £50 million.

* Our operational costs are expected to be low, whilst I’ve seen no data on this I’ve personally assumed £10 per tonne as a starting estimate.

* Based on this initial supply deal with MSC, we could be looking at annual profits of about £40m.

* Considering the global Heavy Fuel Oil usage is around 200 million tonnes per year, and we're currently targeting just 1 million of that with MSC (merely 0.5% of the market), the growth potential is immense.

Recent news of the promising results of bioMSAR testing and our rapid progression towards a net-zero bioMSAR product also future-proofs our offering.

The above is also why Prep was correct in saying that securing funding won’t be a problem.

Theres so much to be positive about. Let's stay focused on our long-term goals and the promising prospects ahead and not worry too much about the short term fluctuations.

Barking it was only a few months ago you referred to QED being a scam we’d all been suckered into and how you’d totally written your investment off, yet it transpires you recently topped up! Now we’re back to the doom-posting. I can’t keep up.

If you’re genuinely asking Vince then I’m actually pretty satisfied with the update, given the circumstances of where we are. HAZOP was completed in recent weeks, which demonstrates MSC are still very much supportive of this trial even after the delays. That alone gives me comfort.

If fuel supply agreements are announced this quarter, which finally seems to be happening, alongside completion of the Morocco trial, then it’s not unrealistic to think we’d have a major uplift in SP pretty rapidly. That’s irrespective of what happens in Utah imo.

Plenty to do still, but there’s enough upside to for me to remain optimistic for now.