Quadrise Fuels Share Discussion Threads

[kreature] 11/11/2022 14:18

I should learn how to read...

At a glance looks like MSC are trying out the Wartsilla system that enables a ship to seamlessly switch on the move to LNG. or methanol or ammonia ? So what I thought was good news, doesn't look good to me anymore :( Looks to me like MSC are doing something completely different to the msar thing?

Bought PURP at 11.7 instead - I think it should start kicking off there at some point

[dudishes] 11/11/2022 14:15

Zico,

Cudda/shudda generate S84m in revenues and false accounting (Ebitda) to the tune of S13.8m. Who wrote that?

Dec, they will be having a Xmas roll call as will be down to less than S900K. Simple accounting by their results, makes it rather plain, unless, of course the whole crew take shares instead of salary?

On the other hand, the other failing Co. in the market (ITM) has £320M in their bank, they are also in trouble, hence my short.

Who are you quoting re: s84m?

Shareprophets would love to know your source?

G'day

[sallad3] 11/11/2022 14:15

Oh silly me... the article was all about MSC backing engine manufacturer to not use QFI technology to solve the problems.

[kreature] 11/11/2022 14:08

ie - risk/reward probably a little bit better at 2.1 penny if Wartla are talking about this specific trial. ref the sallad link. but dyor - bye

[kreature] 11/11/2022 14:00

yes but imv he overlooks the elephant in room. got to dash - atb

[hazl] 11/11/2022 13:55

Z1CO is more discerning than you think.
He knows an interesting bet when he sees one.

[hazl] 11/11/2022 13:53

This billboard has attracted many detractors over the years.
To me that suggests paid derampers.
I am going to consider that a sign of something of value!

[kreature] 11/11/2022 13:42

Sorry zico but I think you continually miss the point -
pm sent elsewhere.

[z1co] 11/11/2022 13:36

From the brokers note published last month:

Cash runway into CY23

Quadrise is still pre-revenue. Stripping out share option and exceptional charges, operating losses reduced by £0.1m year-on-year during FY22 at £2.8m. Free cash outflow increased by £0.2m to £2.6m. The group had £4.4m in cash and no debt or convertible securities at end FY22. Management estimates that this is sufficient to reach commercial revenues in H1 CY23.

Valuation: Modest adoption transformational

We are not presenting forecasts at this stage. However, as a rough guide, based on data from the company, our scenario analysis calculates that even modest adoption of MSAR or bioMSAR could generate material revenues and take the company to sustainable profitability.

The analysis concluded that adoption across only 9% of MSC’s global fleet could generate around $84m in licence revenues and $13.8m in EBITDA and be transformational for Quadrise. The projects in Morocco and Utah are smaller.

[z1co] 11/11/2022 13:34

At 30 June 2022 they had £4.4m cash.

[dudishes] 11/11/2022 13:26

kreature,

No money! That's 2.

[sallad3] 11/11/2022 12:56

kreature

A link as requested:

A concrete first step towards net zero
MSC Shipmanagement – which regards the platform as a supporting element in its journey towards net-zero decarbonisation by 2050 – has been a key partner throughout its development, with a system expected to be installed on one of the company’s larger container vessels by the end of 2022 for technology demonstration purposes. Wärtsilä expects the first commercial conversion project to be completed by mid-2023.

half way down the page

[kreature] 11/11/2022 11:52

Um, anyone got any links ?

No debt ? That’s one

[kreature] 11/11/2022 11:50

Totay I will only be posting the positives, all day.

[hazl] 11/11/2022 11:27

Great find Z1CO.

[hazl] 11/11/2022 11:26

Exactly.


Everything to play for.

[z1co] 11/11/2022 11:09

Don't know if it has been posted before:

[z1co] 11/11/2022 10:57

Share price will easily surpass 3p upon news from Morocco.News is also due from Utah in this quarter.

Not forgetting trials with MSC to start Q1 2023.

[dudishes] 11/11/2022 09:59

I have similar outfit short @ 249p (ITM).

Tried to short QFI @ 2.4p, no takers.

Any clues?

cheers

[hazl] 11/11/2022 08:47

This is what I refer to as a speculative share but f ull of promise.
You go in with the understanding that it is not a guaranteed success.
There are lots of speculative shares, that I wouldn't touch, but I have done the research here and like what I read.

Since I got here MSC has welcomed the opportunity to try them out.
What an accolade.
I was surprised the share price didn't go up more then but
the economic situation was dire at the time.
Now regulations are beginning to come in, MSC is ploughing the way to a greener solution.
Let's hope that the trial is successful....then it would no longer be a speculative share but a winner!

IMO

[hazl] 11/11/2022 08:40

What you are going to wait until the commercial discussions are in progress!



I wonder how much the share price would be then?


Chortle.

[z1co] 10/11/2022 22:12

03/10/2022:

On completion of the trial Quadrise will provide the Client with a written report on the efficacy of using MSAR(R) and bioMSAR(TM). Provided the Client-specified deliverables regarding performance and product quality are met, the parties will enter into discussions for a potential commercial supply of MSAR(R) before year-end. The additional industrial demonstration test will be subject to a future agreement following positive results from the first test.

Expect imminent news for Morocco and Utah.

Share price above 6p in 2023.

[kreature] 10/11/2022 20:38

So imv it’s just a test with the fuel being mixed in Denmark and a test tube or whatever shipped to Morocco to test. That’s it. The rest is up for discussions and dreams. This is AIM.

[kreature] 10/11/2022 20:27

3Rd Oct 22
‘ Morocco - In June 2022, Quadrise signed a new Material Transfer & Cooperation Agreement with the client, under which an industrial demonstration test using MSAR® and bioMSAR™ will be carried out at a client site. The MSAR® fuel for this test has now been manufactured and is being delivered to Morocco, with bioMSAR™ following imminently. The site test is now scheduled for early Q4. Upon successful completion, the parties will enter into discussions for potential commercial supply before year-end’