Member Info for WongaFC

He's certainly correct about it taking decades rather than years. Two and counting....

Someone's had enough? £13k+ sale.

Can't really blame them.

I'll take 5p

While many companies and countries are experiencing difficulties due to Iran war, to use it as an excuse for the trial agreements is a red herring imo.

Yes, MSC will have severe headaches at the moment and will no doubt be all hands to the pump re. current logistical planning. However, while this could be a valid excuse for not starting the trial, it's not a valid excuse for signing up to it! Given we expect months of trial preparation, prior to commencement, if they were at all serious about our fuels, the agreements would have been signed long before the orange clown started the Iran conflict.

For me, it's a very convenient excuse for a failing BoD, who despite the addition of numerous "experts" in their field, have still failed to commercialise anything. If they don't get the agreements signed in Q2, we'll be looking at yet another fundraise at around 1-1.5p, to be followed by the usual sell=off and disposal of associated warrants etc. crippling the chances of LTH's ever making a profit here! Pathetic!

I suppose it depends on when your week starts and ends?

RNS on 21st, states this week. If the week runs Tuesday to Monday, effectively Monday 27th is "this week".

Might have been better worded as within a week?

Just going by "delays" to previous trials, where it was suggested it was tricky to schedule in to production runs.

Https://www.boilingcold.com.au/glitch-shuts-australias-biggest-maker-of-v/

I'm guessing OCP will be working flat out and have little if any time for trials?

Looks like some bailing out, let's hope they regret it.

"Do refineries have a glut of 'refinery left overs"

AIUI, Refineries normally turn their heavy residues into HFO by cutting it with previously produced diesel, although a glut of residues was certainly a problem for PEMEX at one point and the adoption of MSAR there would have been the ideal solution.

MSAR can be produced from HFO but the economical case is hugely improved when making it directly from residues, (cheaper than HFO).

I suppose if refineries stop producing, due to lack of crude supply, it would affect the ability to produce MSAR but the world would be in a very scary place without oil!

This is what I was hoping for, steady rising SP prior to positive news landing. Would be good to get an update/progress on Morocco with dates for trial soon, which should give added upward momentum. Then the big news drop of MSC trial signatures complete, with firm trial start dates identified.

Then we'll hopefully see the SP north of 10p?

A successful MSC trial with agreed commercial contract for a given number of vessels and a commitment to roll out across greater proportion of fleet.

Many thanks for the update DoN, somewhat reassuring but I do wonder what the future holds for QED.

As we have known for some time, the opportunity here is colossal. What I have not fully grasped, is the minefield of complexities involved in order to convert this huge opportunity. Given the quality and quantity of added expertise, coupled with the right support from our potential clients, we may at last be in a position to succeed. But, I think it also highlights how we've been had years of being led up the garden path, by a variety of individuals and their "imminent", "so close I can taste it" etc etc.

Why I wonder, "what is the future" is because we seem such a (comparatively) tiny entity, trying to become blue chip size. I am of the firm belief that in order to fully maximise the opportunity we will at some future point be subject to a buy out offer from another behemoth of a company. Even with our expanded workforce, we're simply way too small and the opportunity could demand scaling up at a rate well beyond us.

When/if any buyout takes place, I hope we're in a much healthier position SP'wise. Hopefully, MSC trial signed and progress in Morocco will see us well into double figures, meaning a future buyout would need to be in the 50p+ range to be attractive to enough shareholders.

Who knows. I might find a way out of this never-ending dream of wealth before I pop my clogs!

Sadly AKHM. I expect the next RNS will say the amended Valkor agreement has been amended again and the $300,000 due end March will now be paid end June.

Would be nice to be wrong though and news of trial(s) signatures now in place!

Well that was fun while it lasted.

Obviously enough gains for stocky to dump a load and set aside another "inheritance" for the next run.

Let's hope OCP are as proactive as they appeared positive to Peter. If so, and we really chase this up, they could easily be the first mover we crave. That said, we've heard it all before and I won't be holding my breath.

Hard to work out, Peter said very close but later on the same subject said quite close, so if he doesn't know, what chance do we have?

"Hefty buys going through. Goodness knows where they are getting these shares from 😳"

Our resident trader has plenty in Stock (cheque).

But if we're going to get a 100% or bigger rise on MSC trial signed, I'd rather it was on 4p than 2.4p!

Probably won't be able to sell into today's rise as stocky will be hoovering up all the sell opportunities disposing of more of his bargain buys!

Someone's a we bit excited today. Ut's like listening to the Grandkids on xmas eve!