Member Info for VINCE72

Seems to me that any of those concerned would want to see the impact of those results, especially fuel producers who are taking a risk with an off spec fuel.

Some news on any one of our projects right now would be good

I think progress will only start to be made on release of the Wartsila report tbh.

We don't, but since the fuel was produced in October and shipped and as of the last Buisness update it was still in customs even though at the AGM we were told the import code was sorted and fuel release was due soon, it was still in Customs waiting to be released as of 2 weeks ago.

If it has been released and on site, that would be fantastic , think experience tells us it might not be the case.

But as ever we will wait and see.

The question is how a measly 60 tonnes of fuel is confined to Customs for nearly 4 months ??. It doesn't take so long to define a fuel and give it a code, even if its a new code based upon Brexit trade rules.

OCP a government owned entity with a number of high ranking government officials on the board and our man Younnes who still has influence can't get this through in under 4 months. Defo doesn't feel right to me.

To much overplaying how well progress on these projects is going and how much these so called clients want it.

I don't think the Morocco trial will go ahead personally. The contract runs out in June and I think OCP have changed their mind.

As for MSC coming on for 2.5 years from a major shipper being mentioned to being signed to getting a trial done. ( possibly, maybe, hopefully) God willing .....remember that one .

Like I said these other companies just as small as us are getting trials, getting contracts while we carp on about our so called SUPERIOR product sitting in warehouses or on a drawing board.

All last years publicity( Conferences, Sky News, Rees'Mogg etc etc) has resulted in what. What exactly. The same ambiguity and guess work as we've always suffered with our Smug, Superior product.

Nobody does it like Qfi......damned right they don't.

https://shipandbunker.com/news/world/476211-mpc-container-ships-takes-on-synthetic-mdo-bunkers-in-existing-vessels

This is my point im trying to make. Here we are with a synthetic HFO which we have been trying to peddle for X number of years and quite frankly just p**ing in the wind.

Here 's another company just rocks up with their synthetic product and boom the shipping company wants it. Never mind companies like GOODFUELS AND METHANEX.

Our ship is on its travels again not going into dry Dock., no word on fuel production and a Mining company who is the biggest energy user in Morocco apparently eager to trial our fuel who has no influence whatsoever to get our fuel out of .customs.

Never mind the pie in the sky opportunities in the Americas.

Meanwhile Andy is hopeful and nothing is guaranteed. Pity MK and JM didn't say that at the time they were 9.5 and 9.0 out of 10 confident, just when not if......yada yada yada..

Personally I have jacked in any hope now of Qfi achieving anything. The way the BOD have come across for the past couple of years, its always been just on the cusp, just around the corner, IMMINENT. And its all been PURE BS.

If we have nothing substantial by half year results.....I won't be taking part in any further fund raises.

Its the contract that bothers me jackg. It terminates in 5 months unless mutually agreed to extend. So for me this allusion as to the fuel being released this month is important as to whether this project is going to take place at all.

Positive for a future iteration of Msar, but forgetting Crude sugar oil or Ammonia, getting our current 2 versions of Msar over the line should be front and centre within thee nxt few months.

https://shipandbunker.com/news/world/220796-insight-ammonia-and-fuel-oil-emulsification-for-maritime-decarbonization

As far as I'm concerned Tuckman Msar/BioMsar has been talked and tested to death. For me its 2023 or I walk away and don't look back, its tiring watching our so called superior product which lots of people are excited about still being tested, still being talked about. Yes it takes a long time to get a new fuel in production, but all Qfi private investors are taking the risks and supporting the company through thick and thin and its a bout time we were rewarded with something other than hot air and promises.

We'll see in the nxt 2 weeks whether the boards anticipation of Morocco logistical problems are resolved or not, either way they don't have to inform us till half yearly results now, so I'm sure there will be lots of white noise in between.

This goes back to the original reason we all invested in Qfi...economics of MSAR, environmental benefits soon followed as well as a diesel crisis and still these entities greenwash and drag their heels.

Maersk could have saved hundreds of millions using standard MSAR but because they didn't want " mini refineries " on board ships chose to use VLSFO and so cost themselves a shed load of money.

Hopefully our MSC trial will start in Q2 without anymore delays.

Sorry fund raise. No glasses again.

With a fund table this year imminent ( the fund raise will be more imminent than project delivery) they should be a little more accommodating on this pivotal project....but you are right , it will be a case of wait and be told when ready as always.

A tweet to say trial underway or MSAR fuel released from Customs, is going to go a very long way.

Think that was explained by the fact at the time in 2019 the UK was still trading under EU rules since we no longer are, then new rules apply.

They said that the fuel should clear this month, they have visited the site this month, BioMsar is on site.

So if the trial hasn't completed by half yearly results, it never will go ahead.

So let's just wait and see till then.

Yes it was a power play, hopefully both now.

https://www.thearmchairtrader.com/quadrise-confident-on-moroccan-trial-and-signing-us-agreement/

What exactly is the problem, fuel specifics ( i.e off spec fuel, so no clearing code) or volume or both.

What bothers me, is the agreement between Qfi and the customer expires in June unless mutually extended, so if the MSAR has spoiled and we have to produce it again, where does thst leave us.

Hoping that the fuel clears this month and gets on site for trial.

The team visiting site and expediting the process must mean they do anticipate this month.

Trying to decipher the MSC part. Does completion of ship preparations means, that the ship is now going into dry Dock in Q2 or is it that final setup for the trials will happen in Q2 with the trial itself starting in Q2.