Member Info for TheOrns

Couldn't agree more DE.

It would be good to know that they have commenced

I think it is more likely someone cannot see the price going much lower and is loading up

Myles buying back in after taking a bath on AVCT

Completely agree 1yrless .
I feel that none of them are moving forward.
If they were not if I were a new recruit I would be straight out of the door before my posterior had touched down
Also, with MSC we have an ex Maersk employee who would have kicked us into the long grass a year ago if he didn’t think that MSAR would work

It was all about VLSFO in my opinion. They trialled us whilst working on that.
Did they stringing us along ?? Who knows

Considering that it should have brought Maersk about £1m a year saving per vessel why would we need to offer an additional discount??

Sounds like I misinterpreted his comments. I much prefer your interpretation. You hear something and assume the worst:).

Hi, I have been watching QFI but not taken the plunge to buy in.

A few questions

What is the actual hold up with getting the project over the line? Depends on the project. Covid, enhanced product testing, change of Client team. Huge change for client so need lots of buy in and testing
What is a fair timeline to expect them to get contracts agreed? Good question from tomorrow morning to end of H1 and then a lot of peoples patience will have run out!!
How is the company’s financial position. Is a share raise likely in the next 12 months? They have enough for another 15 months BUT from yesterday's podcast they will be raising more money. We can only hope that it is post a signed contract!!
What is a fair market cap (in your opinion) for the company? What someone is willing to pay for it. in 12 months time either 0 or ABSOLUTELY loads!! That is why we are all here!!

Unfortunately, Putin has only just started. The West need to stand up now or it will not stop until he gets all the ex Soviet territory back

Very good BC :)

BP it’s not quite as simple as that. My belief is that they are trying to get this over the line but there have been certain circumstances over the last two years why this has not happened. For me the one that should not have too much more delay will be getting the MSC trial underway. I’m not sure what else they need to do to get this over the line.

Yes it does. No mention of any progress just funding a runway. Even with the delays due to Covid and we should be getting contract signed shortly according to their earlier statements. In the latest podcast from Jason it was watch this space hope that space is getting very close!

Unless we get some form of contract signed we will now be massively diluted. IIs will take over and get the benefit if anything happens. Cannot see any cash being raised over 3/4p per share.
With contact signed a different ballgame

Unless it’s a placing I cannot see too much appetite without a signed contract. It would also be very dilutive!

BP something is happening!! I am having a coffee in 30deg heat.

Not really a lot but partly explains the drop.

I got on this too late @£7 anyone got anything similar at an earlier stage ??

We had a podcast 2 weeks ago we will not get an update every day/week. Look on the brightside we are in positive territory today!!

I find it strange that potentially being so close to success on a number of fronts the SP has taken a dive!!
I know it’s been a long frustrating time but surely shortly…..