Member Info for VINCE72

Or Shell could be waiting for us to run out-of money and then aquire us on the cheap. These entities don't care about Sall shareholders or small companies.....remember Maersk.

If JM was as competent as Lorna Blaisse, we'd all be laughing, but he isn't.

I was going to put some in on Friday, but investing in this garbage has scarred me from playing with scared money.

Maybe Bergen will come to our rescue again.....yaaay.

while i share your frustrations hf14 , more than most. i don't think turning up at the office is such a good idea, it will only cause antagonism and will probably hamper future communications.

an rns has to be forth coming soon, as you rightly point out funding is now very tight, so let's give them a bit more time before we we go off half ****ed.

i truly do share your frustrations and angry at once again how once again after more rhetoric and bs we are going down to the wire again, but let cool heads prevail.

Good post Basherman I respect your point of view. But and I speak for a lot, We've been patient for 10 years or more and we all know how LONO's go, since at lot where here during the Maersk LONO and the debacle that turned out to be.

A lot of pressure will be relieved upon signature, because it signifies that all concerned are serious about the trial and not just greenwashing.

The LONO can take care of itself.

People like you AKHM ramping the crap out of it all through December. And you said it the Last 20 years.

Look at how many MOU we've signed over the years and how many have gotten a sniff of getting off the ground.

Madagascar, China, Kuwait,Japan.

Freepoint were supposed to be the glory makers fior QED and now they've gone silent.

Multiple tweets from Redliner about Mexico, nothing.

And I never believed whatsoever that KSA was ever as close as it was. 5 out 7 signed, but the actually 2 who were to benefit namely Aramco and Saudi Elec where in a spat over unpaid bills , which did get resolved......but the whole enterprise collapsed and now its in the long grass.

And now Carribean and South East Asian refinery, as well as Panama/ Honduras.

Every share I've ever bought, whether on the open market or in Open Offer,I've kept hold of, because I believed in the product and the story. However the rhetorical BS that keeps coming out of QED and the stark reality that as always NO NEWS means NO NEWS, means I have become completely disillusioned with QED.

I bet there are a number of others who feel the same either way I just want to get this damned narrative over.

Either SUCCESS OR FAILURE, just choose one QED, because this whole story about our wonderful is just plain boring now.

And no I'm not selling up for any random JEFF who tells me to. Not unless they make up my losses then I'll go quietly.

And after the last funding in which there was only 38% take up, how many more are going to day no without news.

I know for one, I'm not contributing anymore to this ongoing saga. If its had its chance, its had its chance.

JM has over hyped this every step of the way.

Https://shipandbunker.com/news/world/457436-new-imo-chief-discusses-bunker-industrys-readiness-to-supply-low-carbon-fuels

Well no Sh#t Sherlock, the need to accelerate supply.

It's endless raft of conferences and talking over the same crap again and again, while doing absolutely nothing at all to actually ACCELERATE the process.

So AM saying we are in a tight position was a throw away line., As for JM chuckling, inappropriate laughter during a tense or difficult situation is a sure sign that he's in a tight spot.

Https://shipandbunker.com/news/world/263390-qa-managing-carbon-fallout-from-the-red-sea-supply-chain-disruption-and-beyond

Upto 40% increase in emissions as a result of diverting routes. As well as the increase cost of the fuel to divert and the EU\ETS surcharge what else does it take to focus minds in the shipping industry to actual be more proactive in getting solutions in play, that will benefit them financially and environmentally.

Not only are PI's fed up with timelines never kept, but it now falls on deaf ears to the market, who have heard it all before and quite frankly just don't believe a word of it. Great we test stuff and it works , great we have a trial and it succeeds.

But despite clients wanting to urgently try it, they aren't urgently in a rush to commercially want to use it.

Like I said they may use it....eventually...meh all in good time no rush.

Meanwhile the poor PI has to stump up one time to get us over the line......how many is that 4, 5 times.

Why are people not asking why if taking this long through January going into February, then how the hell JM could confidently assert that it would be signed in December.

Why are investors willing to put up with the Ambiguous BS ( and I'm being polite) that JM confidently trots out especially before AGM's.

Everybody forget how he used to wheel out positive progress with regards to JGC every AGM for it to turn into a will the wisp a few weeks later.

While it well maybe lawyers filling their grubby little paws with fees, JM is as much to blame for once again bigging things up, when he plainly knows it hasn't a cat in hells chane of happening in the timeframe he predicts......if at all.

Maybe we could do an ENRON and use Mark to Market accountin to book Future profits from 2030 when maybe we might have a contract. Lol.

Https://shipandbunker.com/news/apac/352714-maersks-second-methanol-fuelled-boxship-to-enter-service

In the time we've been testing and jumping through every hoop known to man. Maersk have had two ships, built and now commissioned on a fuel which has no track record and a higher cost of fuel......and Still we are waiting to start our damned trial.

If you really think about it, the fact that it's taken this long to get where we are, what JM said about the contracts being signed in December was utter Tosh, probably to give him an easy ride through the AGM.

Still the day of reckoning is coming for a fund raise and based on the last uptake, I don't fancy QED's chances if news doesn't drop.

Https://www.google.com/amp/s/www.forbes.com/sites/michaelbarnard/2024/01/10/batteries--biofuels-will-power-ships-in-our-low-carbon-future/amp/

But what about the cost, you ask? Yes, biodiesel and renewable diesel are more expensive than VLSFO, two to 2.5 times in the USA at present, and VLSFO blended with 30% biodiesel has increased to $700 per ton in Rotterdam with the recent rebate multiplier cuts. But that’s still a lot cheaper than the four to six times, the best case cost multipliers of synthetic ammonia and methanol and doesn’t require special engines. Lower capital cost and lower operating costs make this a clear winner, and any route that can electrify will have even cheaper operating costs

Https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/011124-interview-dutch-policy-move-to-dent-bio-bunker-demand-in-rotterdam-says-goodfuels

Good piece at the end of the article on lignin biomass , it seems the work QED is doing with Vertoro and BTG are very much unknown and under the radar, which is good.

https://engine.online/news/regulations/correction-dutch-government-could-slash-marine-biofuel-rebate-multiplier-to-rebalance-market-5161

Also the tax credits for Biofuel in Rotterdam have been halved and so using FAME fuels will be that more expensive. How this affects our product of Glycerine i would imagine would be the same as for Advanced Fame fuels ie HVO.

Verified advanced waste- and residue-based biofuels are double-counted (2 HBE-G/GJ) because of their greater environmental benefit, unlike first-generation biofuels that are typically food crop-based.

This is how much suppliers can trade HBE-Gs for from the sale of 1 mt of advanced FAME to ships:

Volume (1.12 kilolitres) x calorific value (33 GJ/kilolitres) x multiplier (0.8) x double-counting (2) x HBE-G ticket price (€11.00/GJ) x currency conversion ($1.07/€)

As per usual though it comes down to the wire, with us stumping up, to protect our Shareholder value.