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"I would think the main emphasis for the board now is getting the 2030 variant of biomsar zero ready by 2040"

Ha ha, if they don't get their collective rear ends into gear there will be no 2024, never mind 2030 or 2040!!!

Last tweet 15th December, I guess the BoD are all still in the Bahamas, (or other luxury destination) on their extended holidays??

Certainly doesn't seem to be any sign of life at QFI Central....

I'm not on twitter either Richard Bonce, but can still click a link and see the post. And I doubt fuel clearing customs is hardly market sensitive!!

Fully agree Salinger, nothing to stop the company tweeting "fuel cleared customs and now on site. looking forward to trial completion in the coming weeks". Had an NDA been the issue I don't believe we would have been told about the customs issue.

The absence of such an update leads me to believe the fuel is still stuck in customs due to QFI administrative incompetence. The BoD bury their heads in the sand rather than highlight their failures??

TechyRob, while I agree "badgering" the BoD is unlikely to be helpful to anyone, I think they should at least update us on the Morocco situation.

Has the fuel cleared customs? Is it with the client? Is the trial underway? Has the trial been completed? The fact we don't know the answer to any of these questions, (after being told at the AGM Q&A session they expected trial completion before xmas), is quite frankly disgraceful.

My thoughts/plans exactly, 46G

I'm with you monkeymo, no more financial support from me. In fact, quite the contrary. I am looking to reduce my holding here once I see the SP more accurately reflecting the potential.

Hopefully we will see some positive news and accompanying SP upward movement in the first half of next year, bringing new investors to the table.

All the best to all genuine investors here.

Looks like the QFI reindeers are on strike, or they have been replaced by an engine driven by MSAR but the fuel is not yet ready. Or perhaps Jason's sack is just empty? Either way, it looks like we're not going to get an early XMAS present this year, AGAIN!!

Demoralising, pathetic and worst of all unsurprising. Would not surprise me one bit if Moroccan fuel is still in customs.

Some progress in Utah;
https://www.valkorgroup.com/news/approval-received-for-enhanced-oil-recovery-in-utah

Maybe he made a horlicks of the customs paperwork???

The fact that Valkor are willing to make the repayment of their loan linked to securing major finance, suggests to me they are confident the funding will be achieved and for all we know, may have already been agreed subject to a few conditions still to be met, (permits etc).

I have never had a lot of confidence for Morocco being a success and if as many believe, OCP is the client involved, these two articles say nothing to suggest MSAR is part of their future. Maybe, possibly, BioMSAR although the rhetoric would strongly infers their preference for renewables and moving away from fossil fuels.

More often than not, successful investing requires patience. Certainly plenty needed here!!! As Warren Buffet said, "The stock market is a device to transfer money from the impatient to the patient". Who knows the source of the latest selling but as I said recently, I would not be surprised to see the SP drop back to around 1.5p, perhaps someone is selling with a view to buying back in at a lower cost? I traded this stock myself for a while with this very intention and managed to build a large position, although current SP is painful to watch.

As has been said, it's risky, who knows when significant positive news might drop giving a much-needed boost to the SP. I was always told "buy quality companies and hold them long-term" to improve the chances of investment success. I've had a real kick in the crown jewels from Petroteq and Tomco could follow up with another. Could be QFI is the last man standing in my speculative portfolio. Hope 2023 is the year they make it!

Yes, we are some way off commercial contracts and I won't be surprised to see the SP walk back down to 1.5p by year end, assuming no real positive news forthcoming.

Could be a whole different ball game this time next year though....

It will be dependent on the trial results, due to be completed by end of year, (don't ask me what year though;-)

Completely uninspiring stuff post the Annual Groundhog Meanderings. Add "customs" to the very long list of Moroccan excuses. Commercial revenues expected this calendar year, were this morning "revised" to end of financial year, (June 2023 for QFI) but by the time of Jason's closing statement, another 6 months added to end of calendar year 2023.

I really hope I'm wrong but I now no longer expect commercial success during 2023. I just hope "progress" updates can move the SP up during 2023 when I need to start accessing my invested capital.

Maybe been fisticuffs at the AGM? Board getting patched up now

"Delay" to start of meeting! You couldn't make it up, still I'm sure it will start imminently

If they had a world cup where footballs were replaced by cans, would Quadrise be representing England???