Quadrise Fuels Share Discussion Threads

[becclesbasher] 25/11/2022 18:20

For once I agree with you Kreature. Absolutely abysmal performance today.

[sallad3] 25/11/2022 18:19

Will we get a correcting AGM voting results RNS next week?

[kreature] 25/11/2022 17:43

This time next year Rodders ? I have my doubts to be honest

[hazl] 25/11/2022 17:01

Sigh....their protests are becoming ever louder just because we've had a down day after a flurry of good days.


It would be laughable really if it wasn't so boring.
Also, I have had a quick look at some of the rest of the companies that they plague and I'm very pleased to see VRS is fighting back, too.

I know nothing about it but there are common elements I'm sure.

A certain poster above using the same phrases as here .
Fairly pathetic.


AGM is what it is.
Though, there is nothing in law that stops directors disclosing “price-sensitive” information in a General Meeting
I think they are less likely to put information out that's price sensitive so in fact any enthusiasm before the date was because of recent news I expect .

It still has the promise of contract news of a commercial nature THAT is what will send the price up.

IMO

[adrian j boris] 25/11/2022 16:46

2.225 GBX -12.75%

[adrian j boris] 25/11/2022 16:45

Quadrise Fuels making "material progress" as expects revenue this year
11/25/2022 | 10:48am GMT


(Alliance News) - Quadrise Fuels International PLC on Friday said it is making progress across its portfolio, confirming that it expects commercial revenue in the current financial year.

Ahead of its general meeting, the London-based residual oil technology licensor said it has seen "material progress" across its portfolio of international projects.

It said it expects to achieve commercial revenue in the current financial year.

Chief Executive Officer Jason Miles said: "During the period we have made substantial progress with each of our key projects, whilst also positioning ourselves to be one of the key decarbonisation solution providers in a rapidly changing global energy market, as set out in our recent inaugural Sustainability Report."

The company cited previously announced updates, including signing a material transfer & cooperation agreement with a client in Morocco in June and a Framework Agreement with MSC Shipmanagement Ltd to carry out trials of bioMSAR and MSAR in July.

Quadrise Fuels also said it was "advancing discussions" with candidate sites in Panama and Honduras to trial MSAR and bioMSAR at power plants in the first half of 2023 as a precursor to "potential commercial supply agreements later in the year."

Miles said: "The pace of decarbonisation and the escalating price of energy is creating a significant opportunity to commercialise our innovative fuel and biofuel solutions, as they offer clients the ability to reduce energy costs and greenhouse gas emissions immediately to help them accelerate the transition to net-zero."

Shares in Quadrise Fuels were trading 0.8% lower at 2.53 pence each in London on Friday morning.

By Chris Dorrell; [e-mail]

[z1co] 25/11/2022 15:13

QFI has a lot projects at various stages with many hurdles to cross.One of the first is the Morocco trial.The company cannot delay this project any longer.They must complete this trial now no later than December and sign the commercial supply soon after that assuming all is good.

Then the share price will really take off.

[kreature] 25/11/2022 15:04

None taken, thanks for your feedback. ATB

[z1co] 25/11/2022 15:01

K

With all due respect to you i do NOT agree nothing with you regarding QFI.

You are neither short or long,just a troll.

No offence intended.

[kreature] 25/11/2022 14:54

Zico: "I did discretely warn people just after the open without really being too downbeat."

A few of us discretely did the same tbf

[sallad3] 25/11/2022 14:48

Shares in issue 1,406,904,968

Less than 8% of shares in issue voting at AGM (if the RNS is to be believed and that seems inherently implausible) REALLY?

Proxy votes received in relation to each resolution were as follows:


Resolution For % Against % Withheld
1 91,170,591 89.11% 11,144,485 10.89% 822,130
------------ ------- ----------- ------- -----------
2 80,993,720 87.73% 11,324,194 12.27% 10,819,292
------------ ------- ----------- ------- -----------
3 101,901,724 99.60% 412,976 0.40% 822,506
------------ ------- ----------- ------- -----------
4 92,317,914 100% Nil 0% 10,819,292
------------ ------- ----------- ------- -----------
5 90,130,439 99.07% 841,970 0.93% 12,164,797
------------ ------- ----------- ------- -----------
6 90,161,833 98.03% 1,813,790 1.93% 11,161,583
------------ ------- ----------- ------- -----------
7 91,026,981 88.96% 11,290,933 11.04% 819,292
------------ ------- ----------- ------- -----------
8 101,879,239 99.67% 348,311 0.33% 909,656

No wonder the share price is bottling.

[kreature] 25/11/2022 14:44

Stuck in customs ?
That's a good one. I preferred the one about a container ship crashing into a buoy though.
What quantity would be stuck in customs? We talking a test-tube thimble thing ?

[z1co] 25/11/2022 14:41

They have to get Morocco trials out of the way and upon successful Morocco trials these shares will easily go past 3p.

The company has not clarified this morning if the Morocco trial has even started or not.They only said that the trial is now scheduled to be completed in December,was it supposed to be already completed?

With a view to signing a fuel supply agreement in the first quarter of calendar year 2023.

That is clearly delayed ,from their last rns 03/10/2022:

The site test is now scheduled for early Q4. 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.

I did discretely warn people just after the open without really being too downbeat.

[pistonbroke1] 25/11/2022 14:27

MSAR stuck in Morocco customs? Really?

You would think it worth jumping on a plane and sorting this out would have been a priority

[tongosti] 25/11/2022 14:25

Price going south - shocker. Lol

[pistonbroke1] 25/11/2022 14:24

hazl - just admit it QFI never, ever hit a timeline and always push back dates. share price now testing the 1's again.

[sallad3] 25/11/2022 14:17

MSAR stuck in Morocco customs? Really?

6 months added to all dates? Really?

Calls for Jason's head? Really?

[hazl] 25/11/2022 14:07

Again the demand for these products is now in place.
That will drive shipping companies everywhere to feel they have to reach out and embrace an alternative.

What's the likely thing they will do?
Emulate the bigger carriers....see what they're doing.
Go to the conferences get some ideas.

I have never said that this will definetely be the fuel of choice...we cannot say.... but you claim it will definitely not succeed, which is not sensible considering recent support from several companies.

IMO

[hazl] 25/11/2022 14:00

I could list a whole lot of companies who are trying to produce an alternative fuel.

It is accepted by those that know that this a long term arduous business!

There is no clear winner yet because it's hard to do!



QFI have the advantage of the different companies that I speak of BECAUSE they have had many years to develop their tests.



Our bioMsar is safe
cheap
and effective .

It has interested several different companies now that the regulations have changed.


IMO

[hazl] 25/11/2022 13:45

But then the horneblower thread was not too successful in it's predictions,last time I looked...albeit a long time ago....so not surprising I guess.


IMO

[hazl] 25/11/2022 13:43

Also I wouldn't be surprised if certain entities are happy to keep this down, as, if successful it might be bought out,in my opinion.


How on earth someone ....a poster... can say this is not successful when the biggest carrier in the world is testing it is beyond me!

[hazl] 25/11/2022 13:41

I would say to the above that it is possible to put a bet on a share price long or short and the poster above knows it I'm sure.

[hazl] 25/11/2022 13:39

As above.

'These tests are expected to support the commercial use of the fuels by MSC’s global fleet.'


A natural lull in the share price till we get those commercial contracts.

Then....we will see what QFI is made of!