RE: Main headlines from RNS29 Mar 2023 10:22
I'm not sure what expectations were with regards to these interim results.
Any material project progress would have been RNS'd separately beforehand so I think naive to expect any else other than basically holding statements.
I keep repeating myself but for me the value is all with MSC.
Do you think MSC, the worlds largest fuel container, will fail to negotiate a fuel supply agreement having bought MSC Leandra, allowed us on board for preliminary expectations, and committed publicly to the trials ?
Fuel supply agreement will then be hailed as material progress but for me this is a given anyway, and would expect this at the latest soon after dry docking.
Morocco - disappointing to say Q1 23 a few weeks ago to then move the timeline to April.
Utah - maybe some progress if licences granted as stated in interim results.
Morocco/Utah are just upside for me in terms of valuing this investment.