Member Info for Tobythedog

Okay let's assume it's a 33% dilution at an offer price of say 1.2p per share. How many of us on here will take up their allocation? Let's have a straw pole.
I know I won't be subscribing another penny.

Perhaps the recent drift down in the Sp was caused by people in the known being aware of this Greenfield demonstration slippage? Anyway I hope it is no worse than that.

elir71
I agree 100% with your comments below. We are running out of cash and failure to sign a contract by ~end of January will result in an attempt to seek finance for which there will be very few viable options for existing shareholders. The share price drift lower reflects the chances of this.

Wonga
and yet QFI SP continues to drift down on all this impending good news. It's squeeky bum time for sure . We need at least one contract pronto!

TechtRob

Granted the volume was significantly higher in June & September but otherwise I don't see the volume as particularly low.

Indigo
I'm not arrogant or rich enough to think so.

Planenews

Well that's a reasonable explanation to my mind for the last few days lower price action but my concerns stretch further back to ever since the Greenfield/Valkor/Tomco deal announced.

All
As a long term and substantial holder I'm increasingly concerned. In spite of the the impending trials, tests, potential contracts and hoped for good news. the price continues to drift down, even on a risk on day like today. The market is not stupid so I'm getting a sense of doom. Can anyone explain in a rational way why if we are on the cusp of all this good news why the price action is saying the opposite - PS I don't buy all this MM's playing games to let their mates in at a good price chat. If all was well the price should be well up by now.

TheOrns

.... and that's not going to happen unless preceeded by an RNS telling us just that.

BP
I don't believe this is anything to get concerned about. Quadrise is a contractor to Greenfield and it's their show. So contractually they will want to manage the news releases on progress.

46 Gillingham

Agree completely, don't expect anything other than a rehash of the RNS, but hopefully we may be able to glean something from the mood music of Jason & Mike.

HughJ

What is your rationale for saying - KSA tomorrow? Do you know something or is this merely wishful thinking?

If you go far enough back £150 a share was mentioned. Now that would buy us all a stable full of porsches. A well I can dream on!

With your crystal ball I thought you would know how many. Polish harder1

Dust

Many thanks for taking the time to answer my questions. Very helpful and increases my understanding. Like many I'm a LTH of some 5 years. Holding many more than is prudent and at an average price in the high teens; and praying it comes good in the end.

Dust

So is it your understanding that when the MSAR process is added that they will be able to recover more solvent (and is the solvent re-useable?)

Dust

In the video clip (Torreaguas 14.17 yesterday) David Sealock says the oil the produced at Ashphalt Ridge is API 15-17 not the API 8-14 you assumed in your paper. Does this make any difference to your analysis?

jackg123

He's so full of himself, he's not figured it out yet!

Torreaguas

Your post yesterday at 10.56 said........."I understand it better now, cheers" yet at 13.48 today you say "trust me i do understand, been following this for years". So which is it? I know what I think and it's not printable!

Blackwash

Yes I fully understand all he differences you highlight , sorry if it was not clear, that's why I was mystified why Torreaguas was comparing the planned building of a new refinery at a cost of $1.5Billion (and likely 10 year build time) to MSAR and suggesting it was competition which Mike had failed to address. It clearly is not! Thanks