Quadrise Fuels Share Discussion Threads

[kreature] 15/11/2022 13:13

2 penny ffs
Did someone say a placing is necessary to avoid insolvency? I thought I read that somewhere?

[dudishes] 15/11/2022 12:59

Who mentioned Leanda?

Oh, some Quo person that passed it onto the dump h, class.

Who brought that story across, you know, exciting fuel reduction etc...

Where did Leanda come into it, No issues in that wrt to QFI announcements.

Some reference made by hasl, but nothing stacks up.

Ther is no reference on QFI.

Porkies or what?

[grupo] 15/11/2022 12:55

Cash resources in place:

▪ £4.4 million in cash reserves at 30 June 2022, sufficient to reach revenue
generation in H1 2023 subject to the conclusion of agreements.

▪ Excluding discretionary project costs, the current spend rate of £240k per
month (fixed plus development costs) is sufficient cash until end Q4 2023.

▪ Tax losses of £60 million available to offset against future profits.

[z1co] 15/11/2022 12:52

Thanks hazl.

[hazl] 15/11/2022 12:50

Good post Z1CO.


They have been here for years.
I feel sorry for the expert management.
To think that people who don't seem to know what they're talking about spend so much time here.

IMO

[hazl] 15/11/2022 12:45

'The ship is going into dry dock for scheduled maintenance and has nothing to do with QFI.'


1. The ship is going into dry dock.

Answer Correct.

2. The Leandra has plenty to do with QFI.

Answer It will be used for the test .

[z1co] 15/11/2022 12:41

sallad3 you are very funny , the company is fully funded with over £4m in cash.They will also start generating revenue next year.

I'm relaxed holding shares in QFI.

We certainly don't need your advice or concerns, the question is why do you waste your valuable time on a forum of share that you clearly dislike ?.

When we get some positive news for it's projects in Morocco or Utah these shares will easily surpass 3p.

These are just small projects any progress on the BIG one the MSC in which trials are to start in 2023 Q1 and you're looking share price in excess of 6p.

[sallad3] 15/11/2022 12:15

zico

It is you and the other Masters of Puff that are the try-hards.

I merely state facts that all shareholders (actual and prospective) need to take into account. When the directors state they need money to avoid insolvency who am I to argue?

[z1co] 15/11/2022 12:04

sallad3 you have to try much harder.

AGM is next Friday , the company will provide more information regarding it's ongoing operations , we might even get news for Morocco before that.

Morocco
Utah
Panama
Mexico
Central America
Ecuador
And not forgetting MSC.

Share price will rerate much higher as we progress through this quarter and even higher in 2023.

[sallad3] 15/11/2022 11:51

hazl

The ship is going into dry dock for scheduled maintenance and has nothing to do with QFI.

zico

do read the accounts:

Directors Report: "The Group had a cash balance of £4.4m as of 30 June 2022, expected to be sufficient to reach forecast commercial revenues in H1 2023 and to cover project expenditure and fixed costs up to early H2 2023. Additional funding will be required beyond this point to bridge the gap between exhaustion of existing funds and the generation of sustainable positive cashflows, expected to commence in H2 2024."

THE DIRECTORS HAVE DETERMINED THAT THE CONTINUATION OF THE GROUP AS A GOING CONCERN WILL BE DEPENDENT UPON SUCCESSFULLY RAISING SUFFICIENT FUNDS TO BRIDGE THIS GAP.

[hazl] 15/11/2022 11:13

Success looks temtingly close to me.
Partners renewing commitment.
A ship wending it's way many miles to try our fuel.
MSC paying for the fuel to be tested and then onto trials in January.

Our company attending the conferences along with the big names.

It is happening at last!

[z1co] 15/11/2022 11:11

Keep trying sallad3 , BUT the company is fully funded for the foreseeable future over £4m cash.

[hazl] 15/11/2022 11:07

It is quite obvious that small companies need cash to keep them going, especially companies that are ahead of the pack in doing instrumental work such as this, in areas of heightened visibility just now,with the shipping regulations changing.
Ships management have to react quickly to survive in this fast changing environment....that is why they need to use a transitory fuel like Quadrise fuels.

It is a balancing act...which will come first...commercial contracts or the need for money?

At the moment Z1CO is right but if the need for cash comes later then the comnercial deals will be so close that investors will react positively in my view.

Shares have always been about the future so the best awaits us in my opinion.

[sallad3] 15/11/2022 10:49

zico

Read the accounts not the QFI paid for puff.

Even the auditors say there isn't enough money.

[kreature] 15/11/2022 10:44

At least someone reads the newspapers first thing each morning.

[kreature] 15/11/2022 10:43

The conspiracy section of one’s brain thinketh sometimes that Akzo pulleth all strings.

[z1co] 15/11/2022 10:42

Nice try sallad3,

The company is fully funded:




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.

[hazl] 15/11/2022 10:42

Z1CO was right that they kept quiet until about 10
because they feared more interest.
It will come on fresh news.
This news is to be welcomed though because it shows the relationship is valued.


IMO

[hazl] 15/11/2022 10:39

Post 3616.

And of course those that point the finger...don't do the same?
Pots and kettles come to mind.

In fact I've never had to post so much, to combat the probably paid, derampers.

But the upside is that I have found out so much about this company that I know I know more than the rest of you.


8-)

[sallad3] 15/11/2022 10:24

Seems to me that extension of Nouryon was essential pre-placing condition.

Looks as though the agreement had actually expired on 8 October. Did the diretors just forget to renew it before it expired - are the terms the same?

[tongosti] 15/11/2022 10:09

On the contrary - he is extremely desperate. It's his anxiety that's drives him to post decade old posts daily. 20x a dayPsychology 101

[hazl] 15/11/2022 09:21

Tweet
See new Tweets
Conversation
Quadrise Fuels International PLC
@QFIPLC
#QFI is delighted to announce the renewal of its Exclusive Global Collaboration and Emulsifiers Sales Agreement with @Nouryon
.

We look forward to continuing our work with Nouryon and providing innovative solutions to make the energy and marine sectors more sustainable.

[hazl] 15/11/2022 09:01

Sooner still, Jason, I understand is due
at the IBIA conference in Houston at the conference which starts today.

[hazl] 15/11/2022 08:43

So it expected arrival is 22nd only 8 days to go!