RE: Mods meeting with QFI board21 Jul 2022 16:18
I think that the moderators and admin summed up the exact feelings ( in particular the way I always rant) as to giving dates and deadlines which they sail on through leading to a news vacuum and then your mind starts playing tricks trying to fill in gaps as to what the hell is going on.
MSC...we all know its a complex project, that will shift in scope and timelines. For me I was hoping that MSC would sign the intent and then sort out the minutiae afterwards, but they want everything in place before doing that and that's their buisness model and so we can't argue with that.
Its a matter of waiting patiently for however long it takes.
Morrocco. Good to see the client is keen to progress, now they have seen the economic benefits of MSAR and the cost savings they will make. So being in project mode is a good position to be in and the deadline is still achievable.
Mexico. Always difficult lots of hurdles mainly at the political level so having in country representatives who know how to deal with them is a lifesaver. A case of letting Redliner take the load and then when politically accepted the Qfi team can get boots on the ground.
But in all honesty I see Mexico as a 12-18 months project
Honduras/Panama...not as complex as Mexico. Waiting for client approval and then project active. Good to hear and could have a project up and running by March nxt year,
Utah...seems that good progress being made. Clients have been identified and spoken to and show interest, so the nxt 6 months in utah could be interesting, getting the drill permits and then a continuity of supply to feed into an MMU would then be a great money earner for both Valkor and Qfi.
Do I wish we were closer to the end of a trial and closer to contractual terms, of course, but progress takes longer than anticipated and we ( especially me) needs to be that little bit more patient.
As for my knowledge on Qfi. Lol. Just my opinion and just as valid or invalid as anybody else's.
But I would like to say to those who say I'm a deramper or have some think I'm a shorter etc etc. NO
I'm a LTH who just gets frustrated when I can see the need for MSAR/BIOMSAR and the progress is not as fast as I'd like or hoped. But that is something I have to address and doesn't mean I want the company to fail.
Never sold or traded a share, supported the fund raises, added additionally when I could and will continual to do so when I can.
Believe fully in the product and realise the board are working hard. So continual hold from me.