Member Info for WongaFC

Sorry, Offer 3.84p

Hargreaves Lansdowne now have the Bid/Offer prices @ 3.75p/3.80p.

Quite rightly Crippin's post has been removed.

SeisNav
"What has this got to do with QFI?"

I guess if someone could benefit from the share price being lower, panicking people on here into cashing in their pensions, (or even the PCLS element) could mean a lot of QFI share selling which might bring the price down????

Very dangerous post Crippin as telling people to cash in their pensions could potentially result in tens if not hundreds of thousands of pounds in income tax.

Salinger, well said, although if you put £10k in a SIPP the Govt will top it up with £2,500 being 20% of the gross contribution.

Solid support to start the week without any news or RNS updates suggests the story is gradually getting out there. Onwards and upwards...

I have trimmed some of my US Tech holdings and freed up cash for another top-up, when as Leslie Crowther used to say, "the price is right"....

https://www.proactiveinvestors.co.uk/companies/news/940429/quadrise-fuels-highlights-progress-for-industrial-trial-of-msar-in-morocco-940429.html

The next trials in Morocco are due to generate £100k in income although that will barely keep the lights on for a fortnight

46G, the £500,000 Bergen recently converted to shares @ 2p each was spent long ago. It was part of £2m funding provided by Bergen, which is due to see us ok for cash up to mid Q2 this year. More cash will need to be raised between now and then

"I saw a fuel ranker of green energy"

Did it have a Ghostbusters emblem on the side?

"Free cash flow was $3 billion, up a whopping 94%. The company just initiated a $1.6 billion share buyback program."

If they want to spend the remaining $1.4 billion buying Quadrise, it's a yes from me;-)

Thanks for the clarification DoN. Do you happen to know who the "top 3" are????

The levels of Govt debt post-Covid are going to be massive, like many countries across the globe. Tinkering with CGT or Pension/ISA allowances is not going to fix that. Expect significant income tax hikes down the line and possible VAT increases. There's going to be a lot of money to pay back and the public will need to understand this!

I have this strange feeling the other bed-fellow could be Maersk!

Perhaps the BoD are reluctant to name them due to their behaviour in the past. Would make sense given Maersk's recent agreement with MSC for vessel sharing where mutually prudent.

Stranger things have happened.....

Ha ha DoN, there are obviously a number of levels of technical expertise, I have no interest in learning. I'll leave it to Jason Myles and his team....

Ehhh?

My Mandarin auto-translate button appears to be malfunctioning.....

"- 10% water / 40-50% glycerin/ 40-50% residuals"

What! no magic potion from Nouryon? What's to stop anyone copying this fuel?

Or, is the chemical additive included in the 10% water???

Just pointing out the potential for this share to newcomers. We are now in similar circumstances to back then, substitute MSC for Maersk. I know we now have more shares in circulation which could reduce the potential to get to 40-50p, but to counter that, we have Utah, Morocco and possibly KSA still there. Remember the share price growth was prior to any commercialisation and we are arguably in a better position now, with the world and his wife talking environmental Armageddon.

Onwards and upwards....

Will we see a return to this kind of share movement, (blast from the past)!!!!

"Upcoming newsflow should sustain the momentum behind fuel technology play Quadrise Fuels (QFI:AIM) into 2014. Investors have started to latch on to the potential of its patented MSAR emulsion fuel and the shares have soared by nearly 250% to 48p since we last highlighted them. Seaborne trials with Danish shipping giant AP MØller Maersk (MAERSK-A:CO) are expected to result in maiden commercial revenues next year, more detail on the terms of its Saudi Arabian project is anticipated in the near-term and implementation of a joint venture with Colombian state energy firm EcoPetrol is another likely catalyst.

The £369 million cap uses water and specialist chemicals from Dutch concern AkzoNobel (AKZA:AS) to produce MSAR, a substitute for heavy fuel oil (HFO) used in marine transportation and power at refineries. Unlike HFO it does not require the refiner to use valuable distillates to manufacture a product which typically trades at a discount to oil. The enhanced margin per barrel of crude can be shared between the refiner, Quadrise and the end user. The benefits to Saudi Arabia of adopting MSAR are potentially enormous, for example, since the country imports distillate fuels at an annual cost of $17 billion."

Bang on the right attitude Indigo, we'll get there in the end