Member Info for Willswag

We are a tiny fish Vince

Here’s a bit on the possibilities around the Green Corridors that MSC discussed. Clearly MSC need fuel storage facilities, refiners, bunkering partners, buyers and sellers, rules and regulations even in order to make a new fuel jive along a global route.

https://climatechampions.unfccc.int/green-corridors-cop27/

A key bit:
Opportunities & challenges

One of the main reasons to develop Green Corridors is that it creates the possibility to work on specific routes that are more feasible than others, whether because of economics or policy or existing momentum among stakeholders. Working on specific routes also means a limited number of cargo types, vessel types and port calls, for instance, which also makes it easier to commit to certain fuels and technologies.

It’s coming together for us and we are in great company!

Good luck with your investment
This year eh Rodney?

I was posting as Thezigster on the forum but not looked-in for ages
All well thank you
Life is good, QFI could help it though
I’ve got a lot riding on this . . .

Chequepal

That would be me
I think I was fillpot back then but I’ve changed names a few times as accounts closed usually when I changed phones. . .grrr
Yes I was very keen
Still holding here and adding on weakness
I believe in the product and the key company employees
I was tracking containers for work back in the day so it was easy for me to do
Glad you enjoyed it, sorry it didn’t workout back then but with a fair wind . . . Maybe this time eh?
Cheers

Thanks hotfinance14 and haggismchaggis for sharing the board link

I think the captain just rang ‘all ahead full’!

Indeed the lady vice chair was moved to say how excited she was by the prospect!
I got the impression that the mining board and local division see this as finally opening up the Utah black gold operations which because of heat and transportation and lack of refining capacity has been little more than a dream for tens of years!

Haggis
Did you hear 20-100 bpd production probable per well in production?
Huff-Puff is a bit steady eh?! But 4x20 bpd (of crude+ emulsion components) should keep Leandra moving with a few weeks start before the poc trial eh?!

Yes get in!
Steve by Les just described the Quadrise process and linked our bio emulsion with a container shipping company that needs to reduce its carbon footprint
Massive! In answer to if we needed a refinery and how to get the heavy oil there!

Jack123 & Vince72

Thanks for that

Shell Energy Transition Campus

Let’s just let that sink in. . . .

Indeed Fitzy66
Don’t you just love it when you Chuck £4K at a stock in the morning for it to be worth £5k in the afternoon
But more importantly my average continues to come down. . .
I think it was oversold these last few days
Smiley face

That’s an impressive presentation cracking marketing in my opinion!
MSC need to help to bring other shippers along for scaling up as well as bunkering partners so this is targeted at both I guess.
We together with MSC really do mean business this time eh?!
Image of CEPSA MMU installation used in slide 17
I know that Netherlands was discussed in the IMC meeting but in relation to future bunker supply, so was CEPSA. . .
Great stuff Quadrise, Giddy up!

Thanks questions are useful
Look forward to AGM
Extremely exciting times the level of clients = something unique
Revenues generation 2023
( I am as excited as I’ve ever been here at last about time) recent media comments s by MSc have swung it for me that and the number of times Andy and Jason stated how this market has never been more perfect for us

Good luck all i’m retiring from work next month and my calcs say it’s tight! But I just told the missus that QFI will come good next year!
Who said next year Rodney? ;-)

If we get trial and commercial agreement in Utah with ‘small scale local users’ +5p
If we get target completion of Morocco trial morphing into short term commercial production at site B. + 5p
Say 11p at year end but MSC trial underway as Maersk did +10p more in new year
Guesswork based on past performance of SP on real progress points ;-)

Dustofnations

What do you think might be the revenue from 25000 tonnes of each fuel type?
A great question was aboutMGO/HFO spread and if it correlated to profit/savings ?
Yes it’s attractive
Yes it gives more profits and savings for users and refineries.
High oil price , %age value add will be better. Correct observation!

Dustofnations
I understand your reasoning
I was merely distinguishing what was stated in the meeting versus any preconceived interpretations that we have all thought. It makes absolute sense but. . .

Two linked funding questions (great questions folks!)
Andy statement
We will have to make choice to get where we need to be in scale. We want to take shareholders with us! (Wow!)
Question: funding into near term?
Cash flow forecast = comfortable at the moment with projects we have on. IF we want to do something to advantage of shareholders in future we will.
Question: bigger projects cash runway/possible buyout?
You Can’t run a business to be bought-out!
Focus is on dev loping the business. MNA notes not about us being for sale. But smaller acquisitions potential to help us develop.

Further snippets
(It was very exciting wasn’t it?!)
On Morocco has been tortuous question
Does Trial success = commercial? Great question!!!
Jason
Intent to proceed to commercial supply is in the agreement!
Progress to commercial agreement is a project-deliverable for both parties
(He earlier stated that the Morocco team are now formally project managing this as a deliverable project)

I don’t hear the name Bremerhaven but n reply to question re two ships trials?
Jason said
Intent yes. But to get up and running on Leanda first
And in reply to interim LONO MSAR/BioMSAR consecutive question?
TBD but we would like 2 ships.

Yes Jason said
Fuel supply partner currently supplying MSCwe will/are working with them. 25k will be done in batches as the fuel/trial is consumed over the period. We can’t do it on our own plans are in place.

Add in the Netherlands comments. . ,
Is CEPSA in the frame for MSC trials?
Potentially yes but some discounts available for Bio fuels say in Netherlands and we might take advantage of that. But in future yes CEPSA is well placed.

So an existing MSC fuel supplier in Netherlands for the trials then

Utah trial and Commercial supply. In Q4 2022
Bonzer!!

Yes
The three main fractions from the Lignin-derived liquid fuels are usually
1. Aliphatic (iso) alkanes for jet fuels, gasoline and diesel. Costliest
2. Aromatics mainly in form of alkyl benzines offering my specific properties to fuels like octane boosters (less costly) and
3. Heavy fractions as I mentioned earlier which is where our CSO and our BioFuel blending is required to hit the sweet quality/low expense spot.

The work that Vertoro are doing with Maersk is highly specific with GEM

Selling the bi-product in volume can be a company maker for us both I guess