Member Info for WongaFC

"Agree re: Valkor. I don't know what's happened there"

The same as Morocco and MSC and basically every other "project" we've had over the last decade or so. Failure and/or delay after delay. Never mind, we should have another 7 months at least before the begging bowl comes out again!

"No news is very good news as far as I'm concerned. Everyone else can argue about it but based on the evidence I've posted on here about the Leandra V movements, I'm very happy with no news."

Hmmm? I wonder if I should base my investment decisions here based on the "evidence" you've posted on here, or on the market's view of the company via the SP performance. What a dilemma!!!

Bit of a stretch to say we've "gone commercial" with Valkor?

A hugely watered down payment, ( has it conclusively been declared as received?) for delivery of mini MMU to site, (I believe still to happen). Samples received, then radio silence again. I would suggest, at this stage, we're far from working with Valkor on a commercial basis.

Just the usual mid day pull back, should pick up again mid afternoon and into close.

Also, if profits are down due to "tariffs"? they could be partly replaced by using a fuel which is more friendly to their bottom lines?

Probably not, but they did tell us they had received them so why not tell us testing is complete?

They don't have to share the results as such, especially if Valkor have asked them not to! Although I'm sure if positive, it won't be long before Steve Byle is shouting it from the rooftops...

0.87 bid on HL

Https://www.youtube.com/watch?v=Eh8nbx_h41k

Looks very nice HF, maybe we could arrange the £1 party on board?

If I'm not too old to travel by then????

"Valkor have clearly proven the commercial viability of the project"

There you go making stuff up again. Stating your conjecture as fact. Until they have produced and sold oil or oil products, at a profitable level, it is impossible to state the project is commercially viable.

"Do we know what the "green diesel" referred to in the article is?"

Don't know for sure and would like to think it will be MSAR/BioMSAR but the pessimist in me thinks initially they are after the low-hanging fruit. They said their process can produce diesel simply and sell the residual tar for road/roof asphalt?

Nothing to say it will be shown online??

"Nice! If you have it in a SIPP it is CGT free."

Yes but wait til Rachel Reeves gets her grubby paws all over it!

Agreed Danno.

Normally, in the "good news/raise/silence/delays" cycle, the SP drifts back down to around 2p-2.5p. That it appears to be holding up well could suggest we're not too far away. Perhaps more LTIs than traders involved now?

"So it's unlikely that the fuel was on boarded yesterday. Fine. Does anyone know when next the Leandra is due in that port so we have an idea on when the next opportunity would be to start?"

Don't worry, after he's recovered from his morning meltdown, I'm sure Stocky will begin the June start rampathon in due course. He'll be right one of these days and we'll all be rich!

"Either that or we have been told porkies on a grand scale!!"

For the umpteenth time!!

"I mean nothing SC has said is incorrect"

Bahaaahaaaahaaaa. best one I've heard yet!

As I've said before, I don't expect the MSC trial to start this quarter as there still remains to many hurdles to cross first.

Still can't get my head around the delay in Morocco when we have been told the client is very keen several times.

I do expect the Utah sample test results "imminently" unless of course, they have been found to be sub-standard and we are awaiting new samples to be sent, which I think happened before with Greenfield?

I'm sure there is progress going on behind the silence and the SP holding up well suggests shares are in stickier hands than previously. Maybe our resident ramper has sold his quota of the many millions he bought below 1p and is waiting for the next leg up before selling the next tranche???

Que sera sera.

"Everyone can read what I've written, I write the facts and what those facts mean as far as the rules and regulations are concerned. There is no spin of any kind so if anyone claims there is then they are reading that into what I've written because I certainly have not written any spin into anything I write."

Well I've heard it all now! What this cretin fails to grasp is his posting history is visible and researchable even if it means trawling through pages and pages of inane drivel. Below is what he said 5 months ago;

"RE: Price Target17 Dec 2024 11:14

10p end of Q1 (PoC's starting, OCP commercial supply signed off, Panama trial, Valkor producing MSAR)

20p end of Q2 (OCP commercial supply in progress, MSAR signed off for commercial supply to MSC in the Mediterranean)

30p mid Q3 (bioMSAR Interim LONO received, commercial supply discussions under way ahead of full LONO so they can move seamlessly from trial to commercial use once full LONO is received)"

Yeah, no spin, just hard facts. Plonker!

"Knowing history of QED delivering on time I would put delay at 4/5. Trial start 3/1"

Ok, I'll have £5,000 on delay and £2,000 on trial start. That's £7,000 total stake. Send me my £1,000 or £2,000 winnings, depending on the outcome.

PS don't go opening a bookies shop any time soon!

Yawn...