Member Info for WongaFC

With BP joining many others in "scaling back" green investment due to profitability concerns, I doubt there has ever been a better time for QED.

https://www.bbc.co.uk/news/articles/c30d4ernzqjo

Roll up, roll up, roll up, improve your green credentials without harming your bottom line. Contact QED for further information.....

If the Rukwa project, (including capex to production) is not financially viable, then I doubt the ML will be granted. Hence IMO granting of the licence will be a huge rubber stamp to the project and will cause a significant uplift to the SP.

How big a ride and how sustainable it will be will all depend on the actual facts and figures submitted within the application. Hopefully we'll hear positive news in the next few weeks or Q1 at the latest?

"I did say a month ago that 2025 could be really good for the UK market"

Stoppedclock, you also said the SP would be back to where it was, (6p'ish) within a week of the raise. How did that pan out?

I did enjoy the couple of days we had last week without his drivel.

I wonder if we have actually received the Valkor initial payment yet?

Maybe it's in a plastic bag in the drum of sample oil, soon to be with us?

Looking forward to the day when we have a good number and range of clients and contracts so we can tell "prospective" clients to put up or clear off!

Totally fed up of OCP and their procrastination over numerous years.

I received all shares applied for on HL but only applied for 1/50th of holding in both SIPP and ISA.

"Also, it might learn from StockChump and become instantly thick"

Priceless!! 🤣 but hush now, don't wake him up.

"Does anyone else think the SP is ready to rocket north back to where we were a few weeks ago 6-8p!?"

I know someone who will......

"We all need to get along, enough with all this beef!"

I get along with most people but Stuckclock? he's an udder moron.

People currently selling at 4p are likely those who recently bought in at sub 3.5p.

Little new info in today's IMC presentation, other than most project timescales have drifted again. A lot of today's rhetoric seemed to be stretching our running profitably date out to June 2026. Obviously some income might be generated earlier but as usual, out with company's control.

"StuckCheque wins the award for most unreadable posts of the day!"

He's not totally daft you know. The copious number of daily posts, (including repeating the same post numerous times) are designed to make it difficult to find his previous predictive assertions, which time has proven to be way off the mark.

"If it drifts towards 3p then I will just buy more"

But, but, but Stuckclock assured us it will be back to 6p by the end of this week. He's never wrong you know.

I have SIPP and ISA with HL and no complaints at all. As with all things, often cheapest is not best.

"Interesting what was said about the decision to offer at 3p not 4p may not have been enough interest. Sounds like the IIs played their cards very well. I bet it would have been oversubscribed at 4p also."

100% agree AKHM. We may be experts at chemical engineering but as businessmen we appear to be novicey suckers. The thought of them negotiating with Goliaths of industry when eventually trying to secure commercial deals leaves me in a sweat.

If my broker had refused my participation, they would no longer have my business.

"Your summary is disingenuous... they cannot know the actual intentions of any IIs so to say they are NOT looking for a quick profit and ARE long term is simply your wishful thinking....."

Why let the truth get in the way of Stuckclock's rampy version of it? Forever his M. O.

Vince72

"The only question I want answered operationally is when the hell is Morocco going to start/complete."

Agreed Vince. This client has been more frustrating than any other in my book. It's now 14 months since industrial trial completed and still no contract. Every excuse under the sun given, (customs, pump, holidays, earthquake etc.). I wonder what the next excuse is at we approach another month of inactivity there. At least we'll soon have the cash to grease the last few palms required??

"As we were told at the AGM, if more of the projects progressed then QED would need to raise funds sooner, which is what has happened as Panama got signed off. We also didn't get the full $1m from Valkor but I still think with Panama signed off and QED saying that they are working on a trial schedule (Placing RNS) then QED would have still done the raise at this time even if they'd got the full $1m from Valkor."

Talk about a revisionist, WOW!

Strange how Stuckclock keeps taking offence to posts by those he's already supposedly filtered.

Delusional doesn't begin to cover it...

Clairvoyant so he is

Stocky McRampface at it again;

"The placing stock only has a 50/50 chance of coming back on the market because II 's reading the prospectus part of the placing document could easily have decided it's a good long term play as it'll be fully cashed up to multiple revenue streams and won't be doing any more heavily discounted placings in the foreseeable 2 years, so they squirrel the stock away into their funds."

He obviously knows better than IIs, what they will do with their bargain shares and despite the company stating these fund raises are expected to keep the lights on for another 17 months, he "magically" ramps this up to 2 years. Wow!