Member Info for Torreaguas

MMs paying just under 1.9p now to get stock. Just need 1 small piece of good news to set us off now.

Agreed, it is reasonable to do it like that as all parties want success and are looking at the bigger picture which is the full commercial licence for the 10,000 bopd plant.

"Quadrise has confirmed that it has agreed in principle with Valkor to the deployment of MSAR(R) trial equipment for the commercial trial at the POSP for a price of up to US$150,000, which has been taken into account in Greenfield's budget for the proposed work programme."

Greenfield (Tomco and Valkor JV) have paid $150k to QFI to rent the MSAR equipment for the 500 bopd trial in Utah starting in approx 3 months time.

If successful they will then apply to QFI for a full commercial licence to use MSAR on a 10,000 bopd plant. I beleive the licence can be used on numerous plants but only in Utah. There are billions of barrels of oil in the oil sands and multiple plants are planned if the trial is a success, which all parties expect it to be. The commercial licence will be based on quantities of oil produced and will be ongoing income for QFI.

It is a no brainer from here.

Read the rns from Tomco. They are heading for at least one 10,000 bopd plant using quadrise tech. I believe once this is proven they are going for multiple projects in Utah which will bring enormous income to qfi. Valkor are the big boys behind Tomco.

its because is a stupid SETS stock.

I have emailed Mike to see if he is willing to come off SETS. I dont think it suits this type of company.

MMS are going to have to go a lot higher to shake out some sells imo, the potential here is massive and it is making people hold on their shares. Any decent news will bring in more buyers which may find a few 10%ers take a profit but most will now wait to see the results in Utah

Some good decent buys reported after close.

Some people here seem tro have high averages. I am not sure how much of an SP recovery there will be but if Tomco and Valkor get 2 or 3 10,000 bopd plants going that alone 'should' take it to double figures IMO. Not sure what value the other projects potential? are as I only cam along when I saw the Valkor tie up.

Still going well, Interesting moves on L2, only 2 mms on 2.5 now. This could be third blue day on the trot.

Just a snippet of positive news and we will be over 3p easy imo.

this is a sets stock, ignore th spread it is never right.

$7m income per yr for doing nothing and that is from just 1 plant. Makes a mockery of the market cap without even taking into account the other developments QFI have going on.

not yet no, the equipment for the test is just being rented to Greenfield. Once they ramp up to the full commercial site it will be a normal licence based on quantity, wehter that be per ton or per barrel has not been stated yet but I heard the equivalent of $2 per barrel but could be wrong.

Whatever it is on 10,000 bopd is will be very very nice income.

ha ha stick it in auction to show a false droip ! lol... whilst actually the sp goes up!

They are heading for at the very least 1 10,000 bopd plant in Utah using MSAR. Big news for Qfi but it has just not caught the markets attention yet. It will sink in soon IMO. The money for Qfi is enourmous. I heard a figure of $2 per barrel minimum. BWTFDIK

This is looking nice now, lets see if we get the steady rise that Mike was talking about.

i think he meant the last 5 buys.

on the move now, prices up, conversion cleared.

1.7 to sell v 1.84 to buy now

Yesterday was the first blue day for a long time. Today is mostly buys and we could well go blue again soone despite the way they show the trades.

All looks good for the next few months here now imo.