Member Info for WongaFC

Maybe, just maybe if JM and his fellow BoD had a more significant shareholding themselves, the SP might have been a greater concern for them??

Whiskyman in danger of overtaking Stockbonce as the Chef Company Apologist and leader of the moon-howlers.

Brave man calling someone "pond life" from the safe haven behind a keyboard. Another loser who sinks to abuse when factual comments do not match his rose-tinted expectations.

Actually, I made the call to sell as my major holding is in my SIPP and being retired, I have some basic rate tax headroom in this tax year, before I start receiving my State Pension this May. It's called tax-planning!! not trading.

Now, potentially I may re-buy some more QED in my ISA depending on what happens in the coming weeks. Who knows, they may be out with the begging bowl again shortly and any OO is likely to be well below 2p, they way things are just now!

"All these “LTHs” announcing they’ve sold some shares. Now why would they do that?"

I assume you can read. I said I am not expecting any uplifting news in the near future and I expect the SP to go down. I've sold some accordingly.

Many thanks to the LTSH who took time out to visit QRF and those involved in compiling the report. While it it quite comprehensive, sadly, (maybe as a result of my current "glass half full" outlook) all I read was delay, red tape, push back etc.

We've gone from GETTING the tripartite agreement in December, to HOPEFULLY getting it by end March. I'm afraid my experience here, coupled with the glacier-like speed our "clients" move at, there will be no QED/MSC/CARGILL agreement in Q1.

I said some time ago, (and seriously hope I'm wrong), there will be no commercial contracts signed prior this years AGM!! Unless the BoD can produce a funding rabbit from the hat, I can see the SP continuing to track down in the coming months. I'm guessing that's why 46G has trimmed his position and I have just sold 500,000 shares myself and may sell more soon.

I appreciate it requires patience and that may be fine for some, but for others having been told "this time next year" on an annual basis, the talk of great success in 2025 remains like the needle is stuck. Some of us are not getting any younger and after 12 years of waiting for the big pay-off, patience is wearing very thin.

"I am not sure the Moroccan client would need "what we are doing with bioMSAR" to be explained to them as they have already seen it in action"

While the "client" is aware of MSAR and BioMSAR, it could be they were shown the concept and early progress on the utopian future fuel BioMSAR ZERO??

If it is OCP as many have suggested, they appear to be very environmentally committed and while they may be happy to switch to MSAR initially, with BioMSAR following, the holy grail of BioMSAR Zero could be the end game fuel which convinces them to work with QED for the long-term.

Looks like a lot of schoolkids been trading this morning. I wonder if it's part of an economics experiment

"Therefore what's slowing up the three of them just getting pen to paper to say they have an agreement to trial the fuel and that further logistical details will follow."

Certainly makes you wonder/worry? Are they trying to squeeze us dry in order to get our technology on the cheap? A cleaner, greener, cheaper fuel could be made available yet MSC appear to have no urgency whatsoever to get this on board.

Also, I hardly think labelling someone as "glass half full" is insulting. It;s basically saying they are positive or optimistic, ergo "glass half empty" the opposite. While being invested in Quadrise, I have found it easy to switch from one to the other on an almost weekly basis!!!

That link reads to that we won't sell a drop of MSAR commercially and if we don't hurry up and sell some BioMSAR, it too will be consigned to the "obsolete" bin!!

"I just can't believe MSC are so slow to put pen to paper"

Ditto the mystery Moroccan client, when you think back to how long ago the original pilot trial took place!!

"Is it any hope here ?"

About the same as Petroteq, another "oil sands" get rich quick scam where unscrupulous executives siphon off Investors hard earned cash as salary payments, while achieving the square root of zero!

The way this MSC trial has dragged on I certainly don't expect it to start in Q2. In fact I'll be surprised if it starts in 2024. As has already been said, they could have commenced the MSAR trial ages ago but now "allegedly" want to trial both fuels.

With the acceleration of the experiments to produce BioMSAR Zero, it wouldn't surprise me if they (MSC) chose to can MSAR and delay the trial until the 2 BioMSAR fuels are available!!

Bang on!

He's basically saying, we await confirmation of financing for any of the three potential Utah projects. Not one inch further forward on any of these projects as far as we know. Much hype over nothing...

Not sure he meant to say Greenfield, he quickly followed it with Heavy Sweet Oil or Ecoteq so might JM was a bit fuddled in his memory?

Surely funding achieved would have to be RNS'd to the market

With the "green" prospects of our future development fuels, it beggars belief that the UK Gov are not willing to get behind such initiatives. Also there should be more interest from Ethical and ESG funds wanting to get on board??

"It's exactly the right thing to be doing if we have the resources to accommodate them"

Couldn't agree more, unfortunately we don't have any resources! What little left in the coffers will soon be gobbled up by the huge overheads we have as a pre-commercial company.

"What I do not understand is with all the good news, why SP is where it is???"

Let me think.....I have been invested here for around 12 years, during which time tens of millions of pounds of investors hard earned cash have been spent trying to develop (and commercialise) a fuel. So far we have failed to deliver the latter.

Despite not spending as much as usual, the money is still running out, FACT. There has been no information on how this cash will be replenished, other than "plans in place". Well we all know how well our "plans" have worked out so far.

I think it's obvious they will soon be out with the begging bowl again!!!! The market is anticipating this and the SP is falling accordingly. Back down to sup 2p we go but hey ho, we've got new science experiments to conduct which will save the planet and turn us into a blue chip company LOL

Wow, great! Yet another collaboration, involving more expensive testing, trials and agreements.

Before we agreed one commercial contract on MSAR, we start developing/punting BioMSAR, singing its praises to anyone who'd listen. Now, before we sell one commercial contract for BioMSAR, we're at it again pushing for BioMSAR Zero.

For goodness sake! Sell something/anything before going off on further tangents.

First class scientists, terrible businessmen and it looks like the market agrees with my frustration....

Crownos; "I personally think Tomco should completely dump their strategy to get funding for two 5k bpd plants and start small and work up with Vivakors 250 bpd train RPC tech, which they could very easily get funding for."

What makes you think they could easily get funding? They have been trying for years to get the funds to buy the remaining 90% of the TSHII lease, without success. Heavens, they even had to borrow from Valkor to buy the original 10%. No one is going to lend these amateurs the funding required, even for a 250b/day plant.

I believe we're in for another 6-8 weeks of radio silence accompanied by an initially steady then slightly falling SP. Back to around 2p when next RNS arrives???

"I don’t think JM expected a re-rate on the back of the limited ‘news’"

He said something along the lines of the SP should see a re-rate when they see the calibre of the companies we're partnering with.

Well, we now know who they are and the SP has gone nowhere. Once again our Pollyanna CEO gets it wrong!