Quadrise Share Discussion Threads

[z1co] 30/5/2024 08:21

Quadrise Signs Commercial Framework Agreement with Moroccan client for MSAR Supply

Quadrise CEO Jason Miles joined Steve Darling from Proactive to announce the signing of a significant Commercial Framework Agreement with OCP S.A., an international manufacturing and mining group based in Morocco. This agreement marks a major milestone for Quadrise as it opens new commercial avenues for the supply of their proprietary MSAR® fuel technology to OCP.
Miles detailed that the agreement initiates commercial discussions with third parties to secure MSAR® supply to OCP. Concurrently, Quadrise and OCP have agreed to collaborate on a paid-for commercial trial at OCP's Jorf Lasfar site. This trial is a crucial step in demonstrating the feasibility and benefits of using MSAR® fuel in OCP’s operations.
To meet OCP's demand, Quadrise will engage with potential suppliers, including refineries, terminal operators, and traders, who have the capacity to produce MSAR®. Facilitating these discussions, OCP has signed a Letter of Intent, indicating their commitment to entering into a Commercial Supply Agreement with a supplier that will provide MSAR® under a license from Quadrise.
Additionally, Quadrise will update the technical, economic, and feasibility study that was previously issued in June 2022. This update will focus on converting the Jorf Lasfar site for the consumption of MSAR®. Quadrise will also supply and install the necessary equipment to emulsify locally available heavy fuel oil using MSAR® technology. Following this setup, a 30-day MSAR® combustion trial will be conducted on a kiln at the site. The execution of the Commercial Supply Agreement will be contingent upon the successful results of this trial.
Miles emphasized that this agreement with OCP not only validates the potential of MSAR® technology but also represents a significant step forward in Quadrise’s strategic growth plan. The collaboration with OCP, one of the world's leading fertilizer producers, underscores the increasing recognition and adoption of MSAR® as a cleaner and more efficient alternative to traditional heavy fuel oil.

[z1co] 30/5/2024 08:19

CEO speaking to Proactive after the framework agreement:

[hazl] 30/5/2024 08:19

Again a clear 'W' on the chart is often a good sign for further rises in the future in my book.

imo

[blakesmith] 30/5/2024 08:18

Bid at 2 but mms actually giving 1.93

[purple11] 30/5/2024 08:17

2.05-2.4 moving higher......

[hazl] 30/5/2024 08:17

What a good week for QED and follow ups expected it seems.

[z1co] 30/5/2024 08:12

K

Not at all just trying to educate the THICKO.

Anyway sell you all at 3p

[purple11] 30/5/2024 08:11

this one looks like she want to Blow

[kreature] 30/5/2024 08:04

Horrific language being used on the other thread in capital letters. Never seen anything like it on advfn. Could be a red flag reflecting sentiment at this level ?

[z1co] 30/5/2024 08:03

hazl thanks

I'm in just a small one

[blakesmith] 30/5/2024 08:03

Dumping began immediately

[purple11] 30/5/2024 08:01

will it double extend to 3p?
probably take a day or 2 thinking about it....

[lookinggood] 30/5/2024 07:56

The promise land of 1.5p will be with us today Watch how i make it tank on open

[kreature] 30/5/2024 07:56

Wouldn’t an in-house maker just put the share price wherever he/she is told ? The hard part might be encouraging ‘investorsR17; to buy from the dumpers at an inflated level ?

[hazl] 30/5/2024 07:54

ZICO I have replied.

[z1co] 30/5/2024 07:40

purple

You're a pathetic 2 bit trader

Stop clogging up this thread , post on the other one

THICKO STOP SENDING ME PRIVATE MESSAGES

[nigoil] 30/5/2024 07:32

By the way purple11, how's your 2.3p PPP shares doing?......LOL

Simples!......;-)

[lookinggood] 30/5/2024 07:29

This purple guy on the rampers thread getting over excited Will drop today lots of selling at this level

[purple11] 30/5/2024 07:20

xXTiPSXHEETSXx

[purple11] 30/5/2024 07:15

Commenting on this agreement Jason Miles, CEO Quadrise, said:

"This Agreement marks a hugely significant step for Quadrise. We are delighted to be progressing towards the commercialisation of our technology with OCP, who are world leader in their sector. This Agreement provides a clear pathway to long term commercial revenues and an opportunity to create a supply point for our fuels in the Mediterranean, a strategic location for marine bunkering.

We look forward to progressing commercial supply discussions with prospective suppliers and to working with the OCP team to complete the commercial trial. Based on the success of the previous trial, we have every confidence in its successful conclusion."

[purple11] 30/5/2024 07:14

expecting a gap up to 2.70 early doors

[purple11] 30/5/2024 06:55

OCP Commercial Framework Agreement


Quadrise Plc (AIM: QED), the supplier of innovative energy solutions for a cleaner planet, is pleased to announce the signature of a Commercial Framework Agreement (the "Agreement") with its client in Morocco, OCP S.A. ("OCP"), an international manufacturing and mining group.

Under the Agreement, Quadrise and OCP will commence commercial discussions with third parties for MSAR® supply to OCP. Simultaneously, the parties have agreed to work together on a paid-for commercial trial at OCP's Jorf Lasfar site ('the Site').

The three components of the Agreement are as follows:

1) Commencing from the date of the Agreement, Quadrise will approach suppliers (refineries, terminal operators and/or traders) who have the capacity to produce MSAR® to meet OCP's demand. To facilitate discussions, OCP have signed a Letter of Intent stating their intention to enter into a Commercial Supply Agreement with a supplier, who would supply MSAR® to OCP under licence from Quadrise.

2) Quadrise will provide an update to the technical, economic and feasibility study that was previously issued in June 2022, to convert the Site for the consumption of MSAR®.

3) Quadrise will supply and install equipment (including a 5 tonne per hour MSAR® Manufacturing Unit) to emulsify locally available heavy fuel oil using MSAR® technology. A 30-day MSAR® combustion trial will then be carried out on a kiln at the Site. Execution of a Commercial Supply Agreement is conditional upon successful results of this trial.

Commenting on this agreement Jason Miles, CEO Quadrise, said:

"This Agreement marks a hugely significant step for Quadrise. We are delighted to be progressing towards the commercialisation of our technology with OCP, who are world leader in their sector. This Agreement provides a clear pathway to long term commercial revenues and an opportunity to create a supply point for our fuels in the Mediterranean, a strategic location for marine bunkering.

We look forward to progressing commercial supply discussions with prospective suppliers and to working with the OCP team to complete the commercial trial. Based on the success of the previous trial, we have every confidence in its successful conclusion."

Summary of Agreement

Under the Agreement, Quadrise and OCP will immediately start work to identify, and then enter commercial discussions with commercial supply partners.

In parallel, Quadrise will progress the work already carried out under the June 2022 Material Transfer & Cooperation Agreement with OCP, under which MSAR® and bioMSAR trials were successfully completed in November 2023 and a feasibility study for commercial use of MSAR® at OCP's Jorf Lasfar site was prepared. Quadrise will update the feasibility study to include details of the equipment and methodology to convert the Jorf Lasfar site to the use of MSAR® fuel.

A 30-day MSAR® test at a kiln at the Jorf Lasfar site (formerly referred to as 'Site-A') will be carried out to assess the long-term operational performance of MSAR® fuel. The MSAR® fuel will be manufactured on-site using heavy fuel oil following the installation of a 5 tonne per hour MSAR® Manufacturing Unit and associated equipment.

The Agreement is for a term of one year, unless mutually extended, and may be terminated by mutual agreement or by one party if a breach of the Agreement has occurred.

For additional information, please contact

[purple11] 30/5/2024 02:41

just 10% of OCP fleet using QEDs fuel then that would equal multidudes of todays price