Quadrise Share Discussion Threads

[kreature] 06/2/2024 11:16

Potentially very misleading to use the word ‘commercial217; because as some know it just means a large volume of chemicals in the oil industry.

[hazl] 06/2/2024 11:14

The magic word.




Commercial!

[hazl] 06/2/2024 11:13

Commenting on the update, Jason Miles, Chief Executive Officer of Quadrise, said:

"We are delighted to have signed this agreement with Cargill and MAC2 to progress our plans for supplying MSAR® and bioMSAR™ to the marine sector from Antwerp-Bruges. We look forward to working with them as we prepare for the trials on the MSC Leandra in Q2 2024 and to a successful longer-term partnership as we progress to commercial supply."


Note the last sentence?!

[hazl] 06/2/2024 11:12

I've just returned from the dentist.
Good to see the share has risen a bit.
Expected over 3 by now though with that news!

[kreature] 06/2/2024 10:57

Well done to everyone who kept the faith in more jam. Is it enough to get all that matters in the bag tho ?

[hazl] 06/2/2024 10:47

Very exciting so many steps at once.


Well done holders for keeping the faith.

[kreature] 06/2/2024 09:19

I miss other AIM CEOs. Some would prob have written a far better RNS with ambiguity to help misunderstandings. So very disappointment in a way

[kreature] 06/2/2024 09:15

Not sure where hazl has gone ? Maybe he’s out doing his Proactive interview? Well done, keep up the work.

[kreature] 06/2/2024 09:05

But to get back to the start is a major achievement

[kreature] 06/2/2024 09:03

Just needed the missing feedstock, and I’m not sure that they are quite there yet cos of the other agreements outstanding? And funding ? Q2 prob impossible in my opinion

[kreature] 06/2/2024 08:58

Yep credit where due. No doubt I’ll lose money on my investment here tho. How many more agreements have to be signed to get it up and running? How can an MMU be installed for Q2. Where will the funding come from?

[kreature] 06/2/2024 08:53

Looking forward to the Proactive interview. Hopefully an update on net zero ?

[sallad3] 06/2/2024 08:53

kreature

give credit where credit is due - they have finally admitted that it is back to square one and a start-all-over-again full blown LONO trial on the same engine as before in the boat that pranged the last time it was on trial.

Credit is what they need - in the form of money and pdq.

[kreature] 06/2/2024 08:42

Think I would consider making a formal complaint to QED investor relations if I lose money on this ramp. Or whatever it is.

[kreature] 06/2/2024 08:41

‘ the first of a number of agreements with stakeholders that are required in order to supply’

Hmmmm. How many more ?

[kreature] 06/2/2024 08:35

‘ Trials will be carried out following the installation and commissioning of Quadrise equipment at the MAC2 facility’

Can’t see Q2 being possible given it takes 9 to 12 months to install an MMU. No mention of an MMU tho ?

[kreature] 06/2/2024 08:31

Will never hear the last of this. Will be ramped all month.

[kreature] 06/2/2024 08:10

Think I’ll dump at 6p cos let’s face it, I’m usually disappointed here. Dyor

[kreature] 06/2/2024 08:04

Took some at 2.32 to ride hot air for a bit

[hazl] 06/2/2024 07:48

Quadrise Plc (AIM: QED), the supplier of innovative energy solutions for a cleaner planet, is pleased to announce the signature of a Collaboration Agreement with Cargill NV ("Cargill"), a major supplier of renewable biofuels, and MAC2 Solutions NV ("MAC2"), part of Group Machiels, with regard to the production of MSAR® and bioMSAR™ fuels for the Company's forthcoming marine vessel trials (the "Trials").

Under the Collaboration Agreement between the parties, the Trials will be carried out following the installation and commissioning of Quadrise equipment at the MAC2 facility in Antwerp, Belgium. Cargill will be responsible for the supply of feedstocks, as well as for bunkering operations to supply MSAR® and bioMSAR™ fuel, for the Trials. MAC2 will be responsible for the supply of jetty space, utilities, permits and ad-hoc support services during the Trials, whilst Quadrise will be responsible for the provision of MSAR® and bioMSAR™ technology and fuel production equipment and personnel.

Further to the Company's AGM Statement on 27 November 2023, this Collaboration Agreement is the first of a number of agreements with stakeholders that are required in order to supply MSAR® and bioMSAR™ to the MSC Leandra for Proof of Concept ("POC") and Letter of No Objection ('LONO') trials commencing Q2 2024.

Subject to the conclusion of the remaining required agreements, including a toll manufacturing agreement between Cargill and Quadrise in respect of fuel manufacture, Quadrise equipment is expected to be delivered to the MAC2 site to enable the Trials to commence in Q2 this year, following the receipt of permits for the Trials by MAC2. The Trials will commence with POC tests using MSAR® and bioMSAR™ followed then by several thousand hours of operation on bioMSAR™ in order to obtain a LONO from the original equipment manufacturer. Quadrise anticipates that the bioMSAR™ LONO trial will take approximately 6-8 months after the POC trials are completed within around 2 months, subject to the commercial route of the MSC Leandra during the Trials.

Upon successful LONO trial completion and entry of a long-term fuel supply agreement, the parties plan to seek to initiate commercial MSAR® and bioMSAR™ bunker supply operations to the marine sector by Cargill through the MAC2 facilities in Port of Antwerp-Bruges on a permanent basis.

[hazl] 06/2/2024 07:47

We are on the way again!

[hazl] 06/2/2024 07:41

Hey!

RNS


'the signature of a Collaboration Agreement with Cargill NV ("Cargill"), a major supplier of renewable biofuels, and MAC2 Solutions NV ("MAC2"), part of Group Machiels, with regard to the production of MSAR® and bioMSAR™ fuels for the Company's forthcoming marine vessel trials (the "Trials").'

[kreature] 05/2/2024 13:49

May as well call it a day here I suppose

[hazl] 05/2/2024 13:39

Again, if you look through my posts they are hard facts.
I satisfy myself on them, and whether I want to stay in a company, or not, and then wait for the next news.

Few people could keep every little detail of forthcoming events in mind as time progresses....I have several different companies I am interested in at any one time.

But look through the posts you will find detail, remembering that events and companies forecasts and events can change any time!