Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yes, the paper hands selling out now will probably regret their decision in the coming days/weeks. Unless of course Jason fails us again and no agreement signed this month. Then they will probably be able to buy back in at sub 2p
Looks like the end of week FOMO buying frenzy has not materialised, Still, onto the weekend and the wafer thin hope of an announcement as part pf COP 28. Failing that, hopefully pens will be put to paper sometime next week, although my 12 years experience investing here, leaves me with a "no news" dread for the remainder of the year. Hopefully not!
Judging by DOBs could be Jason has inherited the company (1 share) from parents? Doesn't appear to be carrying out any business activity though but they must see a value in not winding it up.
Maybe Jason plans to use it to buy out Maersk and MSC when cashing in on his share options down the line;-)
Did I hear that correctly? 50 major energy companies pledge to reduce methane emissions by 90%.
Will that mean an end to the Methane/LNG shipping fuel options?
Given the urgency rhetoric so far, it seems QED are very well positioned to bring about changes in the short-term, compared to other potential solutions.
Yes, when answering "Lionel's) question re Valkor monies not arriving and early funding Jason stifled a laugh and asked Andy if he wanted to answer, almost as if knowing they had an answer but could not reveal. Andy waffled his way around it well.
I often wonder if the "sellers" of this stock fully understand the potential?
If MSC trial successful and the fuel is rolled out on a mere 70 ships, (around 10% of the MSC fleet), that would equate to around 1m tonnes of licenced sales. A £50/ton licence fee has been mentioned, so using that figure for easy maths, we are looking at £50m income for a company with approx. £3m costs per annum. While costs would certainly increase, say to £10m/annum that still leaves £40m profit.
Given these figures are for only one client/partner and only a 10% proportion of that client's current usage, the profits to be made on scaling up across more MSC ships, further maritime clients and other industries are mind boggling!
Should the expected December statement include details of future funding for such scaling up needs, then the cashflow anchor to the SP could be untethered for good. WHY would anyone sell now????
Yep, a lot of wishful thinking coupled with a dose of reading between the lines. Having said that, can you think of a more opportune time to announce? As has been said, the high heid yins of all these companies need to meet to sign and although not announced, I'll be surprised if QED is not represented at COP28
And not forgetting a major trading company's ties with Vertoro!
"If we are still here next december i might sell some to pay for xmas....although that depends😊"
If we are still here and the next 12 months are anything like the last 2 weeks, I'll be selling some to buy my holiday villa in the Canaries!!!!
Not sure a "levelling of the playing field" will be in our favour, given we can produce competitively priced lower carbon fuels already. Will a levelling up penalise our fuels in order to subsidise the more expensive ammonia, hydrogen etc fuel options?
"Have I missed something... I don't think we have any clients at the moment"
No we don't but if "existing" clients of MSAR/BioMSAR get first dibs at the future fuel, it might encourage some fence-sitters to get involved with the current fuel options??
Thanks Si and Prep, I had read his post right enough although that much going on just now, failed to remember it was his.
Another good day at the office with what looks like a sustainable rise in SP. I expect more of the same this week as more new investors arrive and existing ones top-up. Of course there are also the fay traders looking for a quick buck too!
We're seeing a huge, (for quadrise) volume of trades and even at the more realistic 4% spread, the MMs must be doing very nicely on this rise?
I didn't realise we had a takeover brigade? Takeovers are a fact of commercial life and can happen at any time, although certain company scenarios can make it more or less likely. When "retail" hold approx. 60% of the voting stock, the management team have very little control over events in this area. They can reject bids and advise their shareholders to do likewise but that will not stop a potential hostile bid, which if high enough, could be successful.
If a potential buyer can convince some of the whales and a majority of the PIs to sell, it could happen. Personally, I don't think it will at this point in our development but it matters not a jot what I, or any other SH thinks, or wants. It's all about the offer price and whether the majority of SHs will sell at that time. We all have our own hopes, plans and strategies and will act accordingly.
Asking a hypothetical question at the weekend, when nothing was happening does not mean I want a buyout now. I wanted one a few months back when having serious doubts about getting "commerciality" over the line. Now I am more positive, (like many) and have no intention of selling at this time.
A very interesting few weeks/months ahead, let's hope we all enjoy the ride. It's certainly been far from enjoyable over the last year or so!
Absolutely nothing wrong with a dose of reality Tuckman. Where we are is where we are and no amount of positivity, (or negativity) changes that. As we all know the potential is huge but at this point it is just potential. Here's hoping.