RE: Yellow Belly Directors8 Aug 2025 13:50
As for the other projects especially Morocco and utah.
We are told about Morocco the client is keen to use and 5 and half years later ( ok Covid was a big factor) but from 2022 onwards its been a litany of delays ( ok excluding pump failures), having fuel stuck in Customs for 5 months is ridiculous....then being told that we are moving to another part of the site to test a new boiler.....so when we are told equipment and fuel are on site and are ready to go we are naturally expectant.
But noooo, out of the blue comes we are waiting for the go ahead from the OEM...but don't worry they are helping us to find new clients as a consolation prize while they tick away the months deciding.
Then let's take UTAH .....after how many failed attempts by a reputable Oil Drilling/Engineering company does it take to get stable representative samples for us to test...the utter crap from Hoodoo voodoo didn't help...but come on if they cant get representative samples to test....how does the damned project move forward..
Then all the quietly forgotten about other sidelines....
1) SE ASIA REFINERY.....ok they are assessing their future strategy but does QED still have a possible role in that strategy.
2)CARRIBEAN REFINERY ( ( BURP, FART)
3) OTHER SHIPPING COMPANIES/ BULK CARRIER ( CHIRP, CHIRP, CHIRP)
All those projects we lamented over the years....Lithuania....Roaring success....went for Russian Gas
KSA...years and years....all signatures in place except the Saudi Electric Company and The National oil company and once they sorted it out 10 months later ( BURP FART) they didn't wanna be first movers.
PEMEX ....The REDLINER EXPRESS....no news in the offing trott out a tweet on how it would benefit PEMEX
KUWAIT...haven't a clue what was going on there....the kebabs looked nice on the picture though.
And last but not least JGC
The funny retraction of removing all literature at the AGM was it 2017 as if its just about to happen the week after.
I won't mention the building of our special yacht....could have bought an old Sunseeker or Fairline and ran it into the ground....