Quadrise Fuels Share Discussion Threads

[haggismchaggis] 09/5/2022 18:23

"The conclusion of the board review is that the Company is on track to achieve its commercialisation targets"

QFI Interims Presentation from April 2022, as shown on the webcast with Jason, slide 11 shows:

MSC, Utah and Morocco agreements signed by mid-Q2, aka mid-May (NOT end of April)

Americas agreement signed by end of Q2 (end of June). Powerplant trial From partway in Q2 into early Q4.

MSC LONO trial starts end of 2022, finishes Q3 2023

Utah, finalise supply and license/sale of MMU near the end of Q3

Morocco Site B trial finishing partway into Q3, then site A completing end of Q3



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Todays RNS states

MSC "Assuming timely conclusion of this framework agreement, and associated agreements with other project stakeholders during 2022, the trials themselves are expected to commence before the end of this calendar year, and will take approximately 9 months to conclude. Commercial supply of bioMSAR™ to MSC would then be expected to commence in early Q4 2023, following receipt of a LONO from Wärtsilä."

This is exactly the same timing as in the presentation, as per the above.


Utah
"Under the terms of the CDA, both of these Phase 1 activities are to be completed prior to 30 June 2022, after which commercial terms for an MSAR® and/or bioMSAR™ License and Supply Agreement at the Primary Project would be concluded no later than October 2022."

This is within the same timing as in the presentation, as per the above.


Morocco
"The Site B trial is expected to conclude in Q3 2022."

This is within the same timing as in the presentation, as per the above.


Americas
"Quadrise and its local agents, E&PC, are progressing discussions with several candidate sites in Panama and Honduras to trial MSAR® and bioMSAR™ later in 2022 at a power plant equipped with Wärtsilä diesel engines, as a precursor to potential commercial supply in 2023."

"In Mexico, the Company submitted a multi-site study to the National Oil Company supporting the implementation of MSAR® technology. Documentation is being prepared for one of the sites identified that could lead to a demonstration of MSAR® refinery refueling on a fuel oil consuming unit later in 2022."

This appears to be the only one that has no specific timings and might have slipped a bit.

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Based on the above, the doomsters have no case for their negative rubbish, it is either their misguided sentiment, or they just want to keep the price down while they continue buying, IMVHO.

[hazl] 09/5/2022 15:41

I'm so pleased with progress here!

[hazl] 09/5/2022 13:36

Very good post on the L S E site haggis,sums it up!

[hazl] 09/5/2022 13:32

They do play about with the spread don't they!

How to blur the edges of a rise!

I think we are doing extremely well on one heck of a down day for the rest of the market.

[tongosti] 09/5/2022 11:50

The only "people" here is you darling. Lol

[hazl] 09/5/2022 11:40

Over 11% up well done people!

[hazl] 09/5/2022 11:32

A bit from elon on alternative fuels

[hazl] 09/5/2022 11:09

The RNS really deserves it of course.

[hazl] 09/5/2022 11:07

To be up in this market is brilliant!

[hazl] 09/5/2022 09:49

"In parallel, preparations for the 4,000-hour LONO trial continue, with the procurement process for the vessel fuel booster system now underway. The selection of suitable MSC LONO vessels and fuel production sites are also in progress, with a number of options being investigated to minimise cost, time and risk."

[hazl] 09/5/2022 08:35

The conclusion of the board review is that the Company is on track to achieve its commercialisation targets following positive engagement with counterparties during the past month. The Company therefore intends to progress with each of its core projects as well as with the development of bioMSAR™ fuel and its derivatives.

[hazl] 09/5/2022 08:28

Great pity ADVFN haven't shown the announcement.

[hazl] 09/5/2022 08:25

I feel it's ticking over nicely.
They have been very busy.



It's full steam ahead!

[haggismchaggis] 09/5/2022 08:24

"Given the developments described above, we expect to convert our projects to agreements soon, and on behalf of the team at Quadrise, I would once again like to thank our shareholders for their ongoing patience and support, and we look forward to being able to announce further material progress soon."

[haggismchaggis] 09/5/2022 08:24

"Given the developments described above, we expect to convert our projects to agreements soon, and on behalf of the team at Quadrise, I would once again like to thank our shareholders for their ongoing patience and support, and we look forward to being able to announce further material progress soon."

[hazl] 09/5/2022 08:11

Good to see some interest.
Perhaps Zac Mir will be right with his prediction after all.

[hazl] 09/5/2022 08:04

Following the positive results of bioMSAR™ testing on a Wärtsilä diesel engine at the VTT facility in Finland and on a high-speed 4-stroke Cummins diesel engine at Aquafuel, a final round of testing has been scheduled at Aquafuel to commence later in Q2. This will conclude the bioMSAR™ engine efficiency optimisation work, with results expected early in Q3 2022.

[hazl] 09/5/2022 08:04

"Market conditions and the economic climate for Quadrise are increasingly favourable, with potential customers under added pressure to reduce fuel costs, whilst also lowering emissions. Fuel oil-diesel product spreads are at very high levels due to the war in Ukraine and global supply constraints."

[hazl] 09/5/2022 08:02

Absolutely lots going on
Great detail.
It's taking me a while to get my head round it.

[hazl] 09/5/2022 08:00

Ah it is on LSE.

[hazl] 09/5/2022 07:52

Why isn't it showing up Haggis?

[hazl] 09/5/2022 07:51

Morocco - an updated Material Transfer and Cooperation Agreement with our international chemicals and mining client is now expected to be signed this month ahead of an MSAR ® combustion trial that is expected to conclude early Q3 2022.

· Utah - following signing of Commercial Development Agreement ("CDA") in April 2022, Quadrise and Valkor have commenced preparatory steps under Phase 1 of the CDA to identify target consumers of MSAR ® and bioMSAR ™ fuel.

· Testing with Aquafuel this quarter will conclude the bioMSAR™ engine efficiency optimisation work, with results expected in early Q3 2022.

· D iscussions are underway with several candidate sites in Panama and Honduras for MSAR ® and bioMSAR ™ power plant trials later in 2022.

[hazl] 09/5/2022 07:48

MSC - Quadrise recently met with MSC executive management in Cyprus and both parties are now working to finalise an agreement covering the LONO trial programme aboard MSC container shipping vessels and the subsequent commercial framework. The conclusion of the board review is that the Company is on track to achieve its commercialisation targets following positive engagement with counterparties during the past month. The Company therefore intends to progress with each of its core projects as well as with the development of bioMSAR™ fuel and its derivatives.