Member Info for WongaFC

It would appear Matthew Jones has more faith in Tomco than the remainder of the combined shareholders?

£50k is a fair punt, does he know something we don't?

While the Moroccan client will have its own due processes etc. if they deem the results enough of a benefit to operations, (and green agenda), they may look to expedite the talks and get a supply contract in place, sooner than anticipated.

Remember, we have been told on numerous occasions, (backed up with their patience re. teething issues) the client was very keen to progress the trials. Surely it makes sense for them to start using the fuel asap??

Yep, as I thought. If it wasn't announced at or before COP28, then for me December was very unlikely. Looks like another blot on Jason's copybook, although like I said previously, a January announcement might work out better from a market awareness point of view??

Steady Vince, or the "December's not even over" brigade will be after you!!

Merry Xmas to all fellow shareholders. I hope the coming weeks are truly life-changing for the good and 2024 turns out to be the best year ever!

No sign of the optimism waning on here which seems to be reflected in the SP holding up well.

Despite this and previously saying I won't be buying or selling, I have made a small sale today, (less than 3% of my holding). This is to free up some cash should another fund raise be required early next year.

Hopefully the much anticipated announcement happens soon and a fund raise is not required, or required from a much higher SP, in which case my minor regret at selling any, will be overwhelmed by my delight at the value of the remainder of my holding.

In a worst case scenario, (no announcement prior to another raise) I'm sure the SP will be significantly lower, allowing me to buy my full position back via the offer. As ever, time will tell.....

I know there is still time left in December but have more or less consigned myself to "no December announcement" belief, making Jason's AGM rhetoric another can-kicking exercise. I was really fooled by him this time as there was no ambiguity in his words.

Given the proximity to the holiday period, perhaps an announcement in early/mid January might gain greater traction from the market than one would now. Who knows? Good to see the SP remaining solid in the meantime and I still retain a slight glimmer of hope for December. Not selling or buying though and won't be until the SP moves up significantly from here!

I note they say the first product is BioMSAR before going on to tal about BioMSAR Zero. I can't see much hope for old MSAR taking off, unless the BioMSAR supply is initially limited and MSAR plugs the gap?

Bang on lowlife and he said it more than once. No woolly "imminent" or "in the coming weeks" etc.

I wouldn't rule out no announcement this year, it's certainly par for the course.

Another Myles mortification???

I'm beginning to think we've been led a merry dance by Jason and his (yet another) time-line over optimism.

Still time left in December obviously but given past experience my half full glass is starting to look half empty.

While the question of future funding remains an anchor to the current SP, I don't think it will be an issue for us. It would be nice to see a proper long-term funding package as part of the proposed (December???) announcement. Failing that, should a fund raise be required in Jan/Feb, the landscape has sufficiently improved to suggest to me, a greater appetite for shares and a better chance of success in raising funds.

Hopefully no more dilution required but I think the talk of "going bust" is over the top and I'm sure there would be enough willing to chip in to keep the show on the road to commercialisation!

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

I thought the wifey pushing ammonia was a bit full on during her bit and playing online bingo when the rest were speaking was downright rude!

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.

With all the speculation of "what/when/who happens next, I really hope we're not heading for another let down, i.e. no December announcement.

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????