Member Info for WongaFC

As far as I'm concerned, the greenwashing tag will disappear once the client signs a commercial contract. Until then, we have no idea how committed they are.

"The emissions regulations and emissions tax mean that companies are being pushed into taking MSAR and bioMSAR now"

Err no. In case you haven't noticed, no one is using either product now. What we've seen so far is OCP doing trials, and others talking the talk, also known as greenwashing.

That makes the bid 1.76p then. Sadly it would appear we are predictably heading back to 1.5p?

This continually happens, good news SP up, then silence and SP drifts back to square 1. Next good news will no doubt see us rise to around 2.5-3.0p before the following silent months when we drift back down again.

I'm getting seriously disillusioned with this farce.

A meeting of snakes?

And Crownos, surely you mean a 180 degree turn as 360 obviously means keeping on in the same direction;-)

On a lighter note....

With the "Just Stop Oil" and "Extinction Rebellion" hero Roger Hallam having been jailed for 5 years, will he remain true to his principles? Or might he be reaching for the petroleum jelly?

I'm guessing we all understand risk v reward/return but to have no tangible "return" in over 12 years of investment here, (for me) is not what I expected, or have been led to believe on numerous occasions by the management.

The only people making money out of QED are employees and those who trade the SP successfully. It's been dire as a long term investment, so far....

Well my patience has been stretched too far. Luckily, I have bought many shares @1.5p and below so my "escape" route is cheaper than some. I have trimmed my holding by 20% over the last 10 days or so and may continue to sell if news is not forthcoming soon.

With my luck, no doubt the SP will soon rise again and I'll curse myself for selling but I suppose if that happens, I'll be happier about the remaining 80%.

"Some here suggesting MAC have wasted their time. ?"

I guess time will tell and for their sake I hope the "site" is not one that would generate income on another project? Maybe they've fallen for JM's optimistic timelines too!

Or the school holidays, most of the relevant legal teams are at home looking after children??

Wouldn't put anything beyond our Board's feeble excuse spectrum

It's our BoD's "game plan" which is of far more concern to me.

"With the lack of news and some sharholders losing confidence with the compasny we could well see the SP back to around the 1.25p open offer price."

Yes, sadly only too predictable. Looks like we've been rinsed again?

jam tomorrow - fund raise - delays and silence. Over and over again we're taken for the mugs we are.

Unfortunately at QED we have not enjoyed the same good fortune as the England football team have these last few weeks. Still, who knows what's round the corner?

Spain have been the best side by far and are a very strong pressing team, unfortunately for England, when teams have pressed them they have looked very shaky. I've gone for 3-1 win for Spain at a very generous 28/1.

Maybe the procrastinating signatories are at the finals? and the deals will be signed next week. God knows we've had every other excuse under the sun for the unending delay!

Er no. Along with OCP, we are supposed to be identifying a (Med based) supplier of the fuel for both trial and commercial basis. How's that going? Is it in the pending tray beside the December agreement?

Who said anything about illegality? I never made any suggestion of such. just someone making a sizeable sell. I doubt they'd have done so if they thought good news was imminent, that was my point. doesn't mean bad news is round the corner either!

Well it would appear someone doesn't think there will be any news in the near future, after a delayed reporting of a £50k sell?

"Fingers firmly crossed for positive update but not realistically expecting it to happen this time round"

And unless there's a signed deal, next time round and the time after that will also be trial-less.

Meanwhile the SP clings grimly by its fingertips to 2p.

"Yes it’s fanciful and full of conjecture. But how else to square Jason’s assurances that the timing has not changed ?"

Simple, Jason opens his mouth and lets his belly rumble. His projections on timescales are more to do with wishful thinking than realism and this has been the case many times over many years.

A lot of ifs and maybes in there PR but I can't see it happening:-(

"MSC don’t want to pre-publicise the details of the POC trial until it physically starts."

This statement kind of flies in the face of all the greenwashing statements we've heard from various players in the industry. Unless of course MSC want to stay a step ahead of the news (and their competition). A long shot indeed and rather speculative PR, unless you have a mole somewhere in the QED/MSC/Cargill/Mac2 set-up?

Given the snail's pace this trial has been moving at so far, it is inconceivable it will be starting this week!

IF? the agreement ever gets signed, I would not expect the trial to start until 3-6m months after that date, (signing). Would love to be proved wrong though but deep down, does any LTSH think the POC trial will start this quarter? I have my doubts it will start this year.

Hopefully the Moroccan project can gain some traction soon?

Would sincerely like you to be right PR but looking at QED projects through an optimistic lens only brings disappointment.

I'm hoping it starts this year and isn't delayed until 2025. Prior to that I hope the fuel supplier for OCP is identified soon and the (final?) trial starts in Q3 with a commercial deal signed before year end. Maybe that's optimistic too??