Member Info for WongaFC

Anyone know if the AGM online questions have been answered yet and if so, where to find them?

"Would make for a very happy Christmas, at the expense of a very sad Noel. :)"

Priceless Si :-)

Both Tomco, (1st) and QED, (10th) in the top 10 AIM risers today. Continued good exposure.

They also seemed a bit flustered when it was pointed out to them, (they would know already) that if Valkor cash did not materialise cash would run out Q1.

Maybe as you say, they are arranging further finance alongside the agreement but could not say anything at this point, which left them fumbling for a response??

Or is that just my wishful thinking?

Not surprised to see continued upward pressure on the SP but I find it strange that anyone would want to sell at these prices after the bullish statements at the AGM.

The confidence behind the expected December announcement was refreshing, (no woolly "imminent" or "in the coming weeks/near future" etc.). This coupled with the mention of a re-rate for the SP when it's announced who we're working with, all leads me to expect a potentially significant rise to come. Why sell now??

I disagree, they should let the significance of any announcement sink in and allow the news to spread, hopefully driving up demand for shares and with it the SP. If they can get the SP to 4-5p on the back of the "tripartite agreement news", then if required they could look at best financing options from there. At that time it may be much easier to arrange a bank loan, venture capital or a private placement as a more cost-effective way of raising any further funds? required.

I like even numbers too 46G. Well done and good luck!

Good to see those who supported the latest fund raise at least get back to the offer price. I hope they, like the rest of us LTSH are rewarded for their support. Should the MSC trial fuel production agreement details actually be declared before the year end, I would expect the SP to move above 4p initially.

We may be in the last few weeks of being able to buy QED at these ridiculously low prices. As I've said before, I have more than enough shares and although tempted by the potential short-term gains which could be available, I am comfortable with my current holding.

For those yet to dip their toes in, or seriously considering topping up their QED position, now could be a great time to buy. Obviously, no guarantees and a failure to deliver on the expected December announcement could see the SP tumble again. As ever, "you pays your money and takes your chances"

There was brief mention of an investment bank becoming involved. If Shell are the mystery 3rd leg on the footstool, (there was mention of a SP re-rate on announcement) then I would expect it to be much easier to raise capital from other sources.

Another surprise for me was that BioMSAR feedstock is cheaper than oil residues. If so the BioMSAR could end up cheaper than MSAR to produce, which if then sold at a premium due to greener credentials, could be far more profitable?

Also, does our Chairman not possess an alarm clock? had the appearance of getting out his bed at 11.50 this morning. Or maybe he reversed through a hedge in the car park for a short cut to the meeting?

On a positive note, first time I've heard the phrase "aspirations of being a blue chip company". Get the news re. "Global Partner" (Shell?) out asap, that should sort the SP for once and all

"I read the above as commercial partners being a source for funds instead of going to the market. Do others interpret this differently ?"

I didn't HF, I read it as They're stumbling about in the dark hoping someone will agree to join in their science experiments on a larger scale. "A structured process" all sounds good but means nothing to me.

Before we have one contract for MSAR we muddy the waters by introducing BioMSAR which is bound to take the potential client's eyes off the MSAR offering. Now before we have sold a drop of BioMSAR, we're tempting potential customers with a future BioMSAR Zero. We seem to be a great R&D company with next to no business acumen and to base the company's future on speculation that another company can raise finance for their projects is more evidence of the head buried in the sand, (or science lab) approach to achieving commercial success.

For me, the sooner the company is bought out by a professional organisation the better.

"And then Maersk to follow MSC. Maersk. How their star has fallen after they backed the wrong low Sulphur horse. I hope QED charge them a premium."

This is the main reason I believe a buy-out of QED by MSC could happen in future. This could potentially give them a significant financial advantage in future???

Exactly, it was around 0.8p on Oct 1st x150% = 2p by year end, exactly what he said.

If we were at 3p and I was offered 10p

"This makes zero sense."

Of course it makes sense! Do you think someone could buy over 50% of the shares in issue @3p? This SP moves up, (and down) on miniscule trading volumes. A big buying effort on the open market would see the SP climb rapidly and the offeror would probably end up paying way over 10p.

I get what you're saying AKHM but it still remains trials trials trials, if, if, if, could, could, might etc.

Put it his way, I am a LTH with what for me is a very large position here. Based on where we are today, if someone offered me 6p for my shares, I would sell 50% of my holding, if we were at 3p and I was offered 10p, I would likely sell 90%. It's all relative and different people will have different prices they will sell at, which will likely change as the SP changes. To be honest, a few weeks ago when we were almost down to 0.5p, I would have taken someone's hand off to get 3p and rid of the stress but now things are a bit different and my expectations, like the SP have improved.

However, we remain a loss making company, without a commercial contract and a relatively short cash runway, hence the stubbornly low SP. With that comes the increased risk and this, more now than ever, appears to be a binary bet. Where an individual starts hedging is up to them!

Nothing particularly but if anyone wanted to buy a majority stake in QED they would likely need to offer a significant premium to LTSH to get a majority uptake. If the SP was 3p and they offered 10p they might get there? If the SP gets to 5p+ I think they would struggle to get a majority at 10p offering. Just conjecture but if 10p values us @ £140m, that's equivalent to about 1-day's profit for MSC. Just saying like....

Finally! some good news and a big step in the right direction. It's just tragic this follow-up, "industrial" trial has taken years after the initial trials, during which time the SP has tanked. Even 18 months ago the SP was 5.5p and had the trial completed then we would probably be looking at an SP of 7-8p.

Unfortunately large %age rises are still leaving us at pitiful prices and I can't say I'm not disappointed with today's somewhat muted rise of around 0.30p. Looks like it's going to take a steady flow of good news and timely progress to sort this SP out. Let's hope today is just the start of the flow and an end to the monthly radio silence episodes.

Once again. we've had a very modest rise in SP and the moon-howlers are out with their 20p, 50p, £1 super-optimistic predictions. I think the best we can hope for is a slow creep up to 3-4p and then hopefully a buyout offer of around 10p before the runway ends. I really, really hope the SP takes off sooner but it will need continued, short-term progress to achieve this. Can the BoD do it??

"When you lot are watching TV and waiting for the nine o'clock news, do you put the TV on at 5:30pm and then shout at the TV "WHERE IS THE NEWS YOU PROMISED ME?!!" every 30 minutes until 9pm?"

No I don't but I don't expect to hear "the 9 o'clock news has been postponed and will be shown tomorrow or the next day or maybe in 3 months time, or maybe not depending on influences out with our control. That said, news is imminent"

Smells like a MM tree-shake to me. Seller volumes drying up, looking to spook a few panic sells??