Member Info for Tuckman

Well another set of fantastic results. The future bodes well for the product but can this company deliver it? I still have much faith MSC will rescue us but not sure when. This is great news but sadly will not budge the SP, we await fuel supplier news to get the party started.

Great news again for the future but what we need is operational progress.

Buckets more patience required

Well what has been done is done and no going back, just another part of Qed history now. We move forward and hopefully a very critical 3-6 weeks ahead with Morocco and Utah. No matter if no commercial contract with Morocco any time soon but a solid positive trial result will again prove up the product and be a template for others to follow. Utah hopefully will generate oil flow and hopefully a trial customer as well. So plenty short term to look forward to even if MSC is much later this year or even next! With success the SP will go upwards and then the no doubt fund raise which hopefully on the back of maybe a few extras will not be as dilutive as at these levels. As much as it is difficult with the very poor communication, we have to be positive at least Utah need us !

Yes it is IMO a very weak positive, only good news is that Morocco should be test complete within the next month. I would sadly figure that the `commercial` talks will last years if the test timeline is anything to go by! Please prove us wrong. Utah looks ready if all goes well at the meeting soon. That would be a strong bonus if a potential user of the fuel over there is maybe ready to test soon after drilling starts. Time of the year is right so maybe just maybe a glimmer of light for income. Should defo know more within 4-6 weeks.

As for MSC, don't know when they wrote the RNS but the Leandra is moving. Again lacked any detail but I believe in time this will get delivered due to MSC and not QED. Timelines I doubt very much will be followed but it is a major move to deliver this trial and fuel agreements so QED as the minnow in the pond might not even have much of a strong voice on this.

Yes fundraise on the horizon, Jul/Aug IMO so I am just hoping that all the big SP ticket news is being held onto for then, fuel, Vertoro,test results etc or whatever they can fling with maybe Utah income as well. Who knows but it is plain to see QED will never be a quick mover and much more patience is required!

https://www.reuters.com/business/energy/oil-output-peaks-us-gulf-mexico-makes-room-carbon-capture-2023-05-01/

Hmm seems obviously some big players going forward. Maybe onshore an easier target. Could be a huge JV ahead with many possibilities or maybe not.

https://shipandbunker.com/news/emea/641774-eu-institutions-reach-provisional-deal-on-fueleu-maritime-regulation

Now only if there was a fuel available that could save the marine sector some dough in 2025..........Hmmmm

Yep I don’t think next week will be ground breaking but I still have faith belief again that eventually we will see especially MSC get this trial going. The latest media around Carbon reduction, taxes etc and the change to better fuels really should put us on a plate. As much to my thoughts that they still fail to promote and communicate the product I just hope a trial somewhere should deliver us on the front stage. Question is when, and with the ‘cash call’ required by year end, how will they manage it. Can we seek funds from elsewhere to promote the fuel change, other ‘interested’ companies or outfits. Let’s hope the name change has been asked for a reason, maybe we will find out in Q2. Will they even do a IMC call this time, who knows what’s round the corner but at least the outside media and global shift is going in our direction. Can we keep up with it and put our product on the global map! We can help with marine, power and industry, all the big nasty CO2 people, we can help.

Yes it has actually gets your facts right, have a great weekend everyone, let's hope the interims give us further positive progress

Time is money for MSC so I would think they would be making it more like `clockwork` I am sure there are already so called time slots ready for the Leandra, hopefully for us shareholders it's a go this year.

I would hope if this is to go `clockwork' that MSC and QFI are both fully aware of Leandra's schedule and that timelines for agreement and production are factored in. With the backing of MSC any major producer must really take QFI seriously so I would hope we are very close to the next announcement. It would also give us a further update as to when the actual running trial will begin. Fingers crossed it's not too far away.

Yes I did write off the commercial deal side of the contract looking at OCP’s website for their future power generation. IMO we might see a small transition contract but I doubt a big deal but I hope I am wrong, the article posted yesterday about energy transition is very positive for us and hopefully OCP maybe has many other areas for our fuel that I have not thought of. That’s why hopefully we get successful trial data for others to use in case we do not either get a contract or it is only small. Hey if they deliver a huge one then I am certainly not going to complain but I have learned enough over the last few years to take nothing at all for granted.
MSC really do need a huge CO2 reduction and should use our fuels for certain by logic. OCP if it is them have other green areas available. Let’s hope we have room for a contract, any would be great but I remain no expectations no disappointments. MSC for me is the big prize.

We still have a long road to travel but at least they have given us forward progression news. It may take days or weeks to organise the trial start date but we are closer. Hopefully another RNS keeping us in the loop for a start date is next. Just a short trial then collation of results and hopefully after a positive outcome some commercial talks, again these could take time but at least we can be in a better position. Data will be gathered hopefully for other industries to see and hopefully maybe follow. We just need this trial completing.
Maybe those that sold yesterday should have been more patient but who knows, glad to see a build up again but we still need forward progression and momentum. Stuck in a rut has not been good for us. Hopefully full comms going forward and a trial in March fingers crossed.
Still waiting the elusive fuel supplier for MSC and hopefully something to awake in Utah over the next few weeks and months. Again no RNS to state anything has finished, it might be slow but we are still in the game. Roll on next update. Patience hopefully will be well rewarded.

As much as I am frustrated like many others at the lack of progress I certainly will not be selling out due to comms issues. They have been like this for years and have not changed, they do have to communicate `good and bad` news by regulation so the static means just that. They will have to put out the half yearly with information but it could just well be more delay. I still stay invested for that commercial contract but may have to take the loss if they RNS `no deal`. Everyone has a choice buy/sell/hold but if this works and goes crazy SP on the back of a commercial deal do they think they may have made a mistake to sell just because the company have their comms IMO `wrong`.
I think plenty on here moan but will not sell, the upside maybe too good to miss if it ever happens!

After the wave of round big figure selling over the last month it will be interesting to see an updated major shareholders list to see if any of the ‘private’ holdings have reduced at all. Maybe yes again selling out from frustration, selling out for end of year tax reasons! Who knows but until we know which way this is going to go is it the right decision or wrong decision?
If / when they have finished maybe a lift until we either get the next good news or bad news!
We all know even small volume can shift this up or down very quickly.

https://shipandbunker.com/news/world/791877-ecsa-calls-for-bunker-suppliers-to-be-covered-by-fueleu-maritime-regulation

We need regulations maybe like these to help us out in the future! Our fuel bunkered maybe!

https://shipandbunker.com/news/world/748384-db-schenker-works-with-msc-on-biofuel-powered-shipping

Obviously easier to do but another alternative before MSAR gets going.
How many more quicker and easier alternatives will pop up before we even get a trial.
I sadly now think we will move onto the Vertoro fuel next before MSAR/bioMSAR even gets a look in.
Come on QFI prove me wrong.

Monkeymo, yes I believe it is fantastic for financial and environmental reasons, in the past I think companies have ignored the global noise and the resistance to change barrier has been too difficult to break. We now are maybe in different environmental times where in theory maybe MSAR should sell, but is it maybe that they just don’t have the ability or they have chosen the wrong clients or targets to just get this fuel into production. Yes we really do need someone who needs us more and will environmental legislation in the future help us out?
Only time will tell, sadly I see 1p on the cards before 2p if we keep this news vacuum but I still hold hope that someone will come to our rescue. Who knows what the next RNS is going to tell us but the mood music here is plain and simple to read.

I will only buy more if and only when they release a real positive RNS with real progress behind it. None of what we have received over the last few years. As we all know the product is fantastic, can this team deliver it?
The next RNS whenever it may be might either show them up for what they are worth or deliver some real progress. If nothing this month then I guess yes just the report and a failing in Morocco I guess is on the cards.

Dress it up as much as you want but facts are that without positive input time passes, new ideas are created and different paths are followed. Like it or not QFI maybe have chosen wrong paths to go down, maybe MSC are just too big to latch on to for a little unknown company. Morocco have moved on over the years on how they see their future cleaner power generation. I doubt this includes MSAR.
Question for Jason on his presentation tours round the bar? How long has MSAR been available? Next question, how many people are using it now commercially? This has been stretched along for many years now without a similar amount of progress. Maybe the fault lies with us as shareholders that we didn’t see just how long this will take. Always hindsight is great but unless they really do stop waffling about and either change to a simpler direction to deliver the fuel somewhere or we are going to miss the boat again because of a newer cleaner fuel on the market which might just happen somewhere this year as the evidence from many on here is all to see that we maybe just might get left behind again.
I am all guns to have one last big average down here but going on history it might be a long wait and without any progress this year apart from another death spiral fund raise I can’t see where else they might get their future wages from!

The reverse side of the coin also has the issue that the client could be so unhappy with the way QFI have delivered this trial that they may not want to proceed with a commercial contract. Again there is the big issue with a `fuel supplier` to deal with and with just the shear scale of the time this has taken to deliver a so called `1 week trial` its lets put it this way, not working in our favour.
All I can hope for here is plenty of successful data being received for maybe `others` to be shown but again if it is `OCP` their own website shows a different direction in the way they want to produce power.
For me this is back to a 1 trick MSC pony but I will chuck the kitchen sink at this if and when it looks like a trial is about to begin. Backed up with the potential of maybe BoB and the future Vertoro link up fuel then we still have hope but the longer time passes, how are they going to tidy things up so they can get another fund raise this year.
Just one `massive` RNS can change the mood music, but potential has to be changed to delivery, nothing else matters now me thinks.

Yes IMO the board should do away with `timelines` when they are dealing with customers who still have no got any form of production our set up in place. They should be saying instead when say X or Y has completed whatever then we may proceed with tests or trials. All part of the boards IMO very poor communication standards which has not changed over time.
Sadly any timeline put on any RNS I do not believe, I will wait and rather have news of confirmed test starts dates for Morocco/Utah/MSC when they actually are ready to proceed. As for the Americas etc I dont expect anything, but I do wish they would shout from the rooftops any test results etc they receive straight away!