Member Info for WongaFC

Long. Slow. Painful. Death......

"Wait for confirmation over next few days but looks to me like a possible breakout coming down the track:-"

Who's going to break the news to Noel???

Well that "confidence boosting RNS" resulted in a VERY short-term rally of 100th of a penny. WOW!

Or, looking at it another way, 130m extra dilution for us in order to keep Potter et co in salary for another few months!!

Totally agree monkeymo, I've said on many occasions our BoD wouldn't get a red face at a bonfire!

Instead o changing their name to QED, Jam Tomorrow would have been more appropriate. The RNS is "so brief" AKHM because they have no progress to update us on and their scant regard for detail shows their continued complacency. I have never heard of a company "working so hard" while achieving nothing.

Their relaxed attitude suggests to me they have identified a new source of funding, to keep their snouts in the trough for a bit longer. No doubt this "funding" if it exists, will be detrimental to us LTSHs value but we have not been a priority for over a decade, why should it change now?

"Well Wonga my line is the end of Q2. No firm advancement on projects and I won't be contributing to any fund raise."

Regardless of any "progress" achieved prior to any potential future fund raise, they won't see another penny of mine. Already over-committed here and looking to reduce my holding at the earliest "profitable" opportunity, should it ever arrive??

History would suggest there will continue to be a news vacuum for the next 6 weeks or so, then excuses as to why anticipated Q2 progress will not take place until Q3, rinse and repeat......

Add the "production campaign" to the list; Covid, change of production team, Customs documentation etc etc, I'm sure I've missed a few from our BoD little book of excuses...

If we don't get results of Morocco trial by end May, I believe the chances of ever getting a contract there is very slim to none. Despite what we have been there seems to be total apathy from the client regarding our fuels.

MSC or bust methinks...

Stinks of price manipulation going on here. Not worth selling at these pathetic prices. Hold and hope for the rabbit being pulled from the proverbial hat.

C'mon Jason, give us the good news on Morocco, get the SP moving north and save us from Noel's pathetic ramblings once and for all.

I don't doubt your estimated timelines for fuel supply Salinger, it could be sooner or later than you "expect". I was merely picking you up on making a "statement of fact" rather than a hypothesis.

And no, I take everything "Haggis" says with a huge bucket of salt!

"Fuel supply is many months away"

As one who likes to pick up on others making unsubstantiated statements of fact, I assume you know this for certain? If so, please enlighten us as how how you know this is the case, Salinger

Of course, the other question to ask is; who sold these large quantities at such a low price?

There's always the chance the seller could be closer to the action but let's hope not. Could be interesting week right enough...

We were originally to be paid £100k for this Moroccan industrial trial. Perhaps that is why the rhetoric is now appearing to be greenwashing bluster??

Last working day in April tomorrow and in the absence of information to the contrary, coupled with QED's record in meeting their anticipated timescales, I'm guessing the Moroccan trial has not yet started. If so, it's pathetic performance from our BoD.

I used to visit this page with a fair bit of optimism in years gone by but now that optimism is replaced by trepidation and the realisation this stock is unlikely to come good any time soon.

Petroteq look goosed, Tomco on life support and QED heading toward the ITU. What I thought was a promising portfolio of speculative companies are turning out to be anything but!!!

Shame JPM didn't get an update on Morocco from JM. Maybe he asked and was told "no comment".

Thanks PrepH.

MSC have always intimated there are likely to be a number of transition fuels available for the industry and it could be decades before a global supply of any of them becomes available. We're not looking to supply the whole fleet of MSC or any other large shipper but getting part of the fleet running on our fuels could be very lucrative.

Delusional!

Last one out, switch the lights off!