Member Info for Torreaguas

I think tom holders see the potential with MSAR more than Qfi holders do !

and that is a typical example of how crap SETS is, now showing 14% down when it is not. Totally bent system to put buyers off and try to encourage sellers.

here we go, same as yesterday, chuck it into auction so they can show it red. They are hoping to shake some sellers out.

Jeez, I just watched this, they can save Saudi $1billion per year!
https://youtu.be/QBCFUhZKVDk

Thanks Jack,

Are there any figures (potential figures) you can point me to on this one?

Well worth a read.

https://www.proactiveinvestors.co.uk/companies/news/923788/tomco-energy-oil-sands-project-moving-forward-923788.html/long

QFI part...

Flexibility in targeting the final end market

We have highlighted marine bunker fuel as an end market for Greenfield’s product. However, this is not the only possibility.

The final stage of the separation process is being configured to apply a system developed by a company called Quadrise (LON:QFI), to produce a water/oil emulsion which can be used as a direct substitute for existing fuels in three main applications:

Output fuel able to target three different end markets

Marine bunker fuel
Medium/low-speed diesel reciprocating engines, typically used for industrial power generation
Fuel oil for heating or for water-boiling power generation

The in-built flexibility in terms of product applications allows an additional level of revenue optimisation and risk mitigation.

Conclusions

It is not possible to precisely quantify the financial upside potential for TomCo at this stage. The profitability of the separation is still subject to the results of ongoing studies.

Nonetheless, we find it instructive to consider the total revenue opportunity relative to the current market cap of the company.

At a production volume of 10,000 bpd and at the current market price of US$46.40 (Low Sulphur Fuel Oil) this would equate to US$464k per day of revenue. Compared with TomCo’s current market cap of £3.1mln, we argue that this revenue opportunity could represent significant upside for TomCo shareholders.

This is made economically possible by the unique characteristics of the new separation process

Unique characteristics of the new oil sands separation process

An output product of low sulphur fuel oil, which requires no further refining
A modular production system with low capex requirement
Modest water requirement, and no “dirty” sand to be remediated at the end of the process

Anyone selling now who has followed Qfi must be bonkers in my opinion.

Why sell now? we know Utah is about to kick off with the 500bopd trail which could lead to $6m income per yr for Qfi from just one 10,000 bopd plant. That makes Qfi profitable in one step. Then there is the potential of more plants in Utah all bringing in the same revenue.

Then we have Morrocco sat waiting to go when the lockdown allows. All the equipment is there on site so it will be a quick start up once travel is allowed.

It would seem a crazy time to sell?

no not direspecting you at all. Just asking what you meant by your comment on all the selling.

Most trades yesterday were buys. It is just this silly sets platform that makes them look like sells.

its got bugger all to do with the fca. It is because this share is a SETS stock. We need to tell the board to get off SETS and the trades would mostly show correctly as buys or sells. Lots of people are being put off by the way SETS works as they just dont understand it.

All what selling pigfase?

bid up again, nice buying although not many trades. ARGGGH! get off sets ffs!

real price is 1.9 v 1.96, both the buy and sell price have ticked up.

The more holders who make the point to the company the more Chance we have of them coming off sets.

Also look how easy it is to manipulate the sp, simply put it into auction take out an AT and bingo the sp shows 13% down! Thus scaring sellers out. Sets is pathetic for a company like this.

Muvver, so you got your timing wrong. That does not mean one or more of those contract will not come good in the next few months and the SP do exactly the opposite.

no sellers around, but then no buyers either. Looks like we are steady now and awaiting news.

You clearly understand how it works, the problem is the vast majority of people don’t. Nothing wrong with that, it’s all about learning. But many people look for opportunities and when they see a sea of red trades they move on.

I find him good at replying. He has replied to me about it saying they are looking into it. I hope they come of sets as imo it would help lift the sp upwards.

smoggy2210, it is not mm's it is a sets stock. Contact Mike and ask hiim to come off sets. It would bring in more investors as they would see the trades correctly. People just look at the trade lists daily and think they see sells and it puts them off.

Fyoz, ok, so we need one contract to come in and this sp will be history.

If you look at the 4th June presentation here https://www.quadrisefuels.com/media/

Slide 10 and 11 are very interesting as they say that QFI will be profitable with just one 10,000 bopd production facility. That could well be up and running in Utah in a few months time. So that with everything else makes you wonder why we are at 2p.