 hazl,
re my post at 3035:
========================================================
After the umpteenth time of Quadrise deliberately spiking the share price in order to get a placing away Z1CO and hazl both thought that buying at 4.5p would be a good idea and encouraged people to do exactly that (ie criticised JakNife).
I give it two months at most before the next placing, this board have a track record of spiking the share price in advance of every fund raise. It suckers in retail punters who see the illusion of momentum and buy on the back of that. The last two times the company ended up placing at 1.25p. Does anyone know a more bent company on AIM?
JakNife
========================================================
see:
Do you now understand?
Proposed Placing, Subscription and Retail Offer
"Quadrise Plc (AIM:QED), the supplier of innovative energy solutions for a cleaner planet, today announces its intention to conduct a placing (the "Placing") and subscription (the "Subscription") of new ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") at a price of 3 pence per new Ordinary Share (the "Issue Price") to institutional and other investors to raise gross proceeds of a minimum of £3 million."
Can you see how you've been legged over?
JakNife |
‘ In parallel, bilateral agreements, including a toll manufacturing agreement between Cargill and Quadrise in respect of fuel manufacture, can be finalised ’
Yeah they can be, but were they ?
Translation: ‘ bilateral agreements, including a toll manufacturing agreement between Cargill and Quadrise in respect of fuel manufacture, have NOT been signed, without which there is of course Net Zero
IMO |
‘ A phased payment of the initial license fee, with US$0.35 million now payable by Valkor on 31 January 2025’
A phased payment. Of the initial fee. 0.35 payable. I’d say 0.35 is probably the initial fee to be phased. Could always assume roses otherwise I suppose |
“ now payable by Valkor on 31 January 2025”
I would’ve just written, ‘payment due on 31st Jan’
Instead I reckon it just becomes owed from that date, and who knows if or when it might show up. Perhaps ‘payable from’ may have been more accurate?
IMO |
So will the Vancar cash be received on Jan 31st, or does it simply become payable from then but not actually paid or received ? |
RNS: “ A phased payment of the initial license fee, with US$0.35 million now payable by Valkor on 31 January 2025 ‘
Payable ?
Net: ‘ What is the difference between payment and payable?
A payable is created any time money is owed by a firm for services rendered or products provided that have not yet been paid for by the firm. This can be from a purchase from a vendor on credit, or a subscription or installment payment that is due after goods or services have been received.’ |
I reckon there could be a placing in next 7 working days. Ie before Vancar possibly inadvertently delay or forget to send any money . |
Nvhltd it is out of my area I'm afraid but I welcome your analysis.
Dust of Nations is on a different chat and they have been following QED for simply ages.
I find they have upto date information quite often, to help form opinions.
Soneone believes, over there, that we might get updated on the fuel production equipment being delivered and perhaps installed at mac2 Antwerp.
Dust says that Valkor, Lafayette, HSO, etc, also have access to money from pre-IPO sources, such as various rounds of funding from HNW private investors and companies As in the IPO Prospectus
It would be great if posters with interest and even knowledge would bring this bb into the informative category as I have many different stocks to follow.
imo |
Thank goodness for some sensible discussion.
Tomorrow hopefully we can thrash this out? |
You call them MMUs but they are just tarmac machine tech. Whether they exist in shippable condition or not is anyone’s guess. They take about a year to install if you’re lucky. Delays and then the usual disappointment ahead as per usual I reckon. Prob have to drag it out over several prudent placings before disappointment tho |
Question?
Am I correct that as things stand and without a cash raise we have 2 larger MMU's and 1 Mini MMU?
If that is the correct position then my understanding for the deployment of these MMU's is as follows for 2025.
1 x Large MMU deployed to the Mac facility for the MSC LONO trail and hopefully beyond. Hopefully this will be permanently deployed.
1 x Mini MMU deployed to Valkor for the duration of 2025 before being pulled and replaced with the second Large MMU in 2026 and beyond.
1 x Large MMU to be deployed to Morocco, then Panama, then Singapore before being redeployed to Valkor in 2026 if Valkor goes to plan.
So based on those assumptions and if everything goes to plan will we need at least 1 more large MMU to be manufactured this year for the possible permanent deployment to the Med and possibly upto 3 if Panama / Honduras / Singapore commit to using MSAR / BIO MSAR after their respective trials?
That would leave the Mini MMU still in stock during 2026.
Have I got that right or at least potentially? Is that why the Valkor SLA was revamped as it works for Valkor and us during 2025 and our potential trial program? |
Question?
Am I correct that as things stand and without a cash raise we have 2 larger MMU's and 1 Mini MMU?
If that is the correct position then my understanding for the deployment of these MMU's is as follows for 2025.
1 x Large MMU deployed to the Mac facility for the MSC LONO trail and hopefully beyond. Hopefully this will be permanently deployed.
1 x Mini MMU deployed to Valkor for the duration of 2025 before being pulled and replaced with the second Large MMU in 2026 and beyond.
1 x Large MMU to be deployed to Morocco, then Panama, then Singapore before being redeployed to Valkor in 2026 if Valkor goes to plan.
So based on those assumptions and if everything goes to plan will we need at least 1 more large MMU to be manufactured this year for the possible permanent deployment to the Med and possibly upto 3 if Panama / Honduras / Singapore commit to using MSAR / BIO MSAR after their respective trials?
That would leave the Mini MMU still in stock during 2026.
Have I got that right or at least potentially? Is that why the Valkor SLA was revamped as it works for Valkor and us during 2025 and our potential trial program? |
Could be worse (I think) |
There have been some promising news updates leading QED to where it is at the mo around 6.2p. With Valkor being the latest which at last sees some income I was still a little subdued as all previous news seemed to talked of full payment of the million dollars and half million once Valkor had recieved their 15 milion dollar from investors. The latest RNS doesn't explain why it's to be phased payment. |
Well read their RNS philoosh.
Announcements show the progress and is the best way of keeping informed.
The MSC interest has always been the main driver for me, and if successful, could be wonderful for us, but shipping is a drawn out process.
They are like any company of course, news driven, and have several different avenues of interest for their products.
It's a gamble that has a bit more weight to it than it had and that is the way I'm looking at it.
IMO |
Is the share price in orbit due to market forces, or due to market maker forces? When’s the placing ? Can’t be long now? |
With Valkors technology I think of Alberta oil sands.....it's a dream but why not? |
best dyor......beleaving everything you read on advfn not recommended |
Its been a while since i've been on here. what have I missed? How far could this climb? What are the forecasts? |
0.35m due 31st Jan. How much do you want to bet that’s before Vancar deduct their ‘costs and time’ , as below :
June 2023 RNS
‘A profit share mechanism has been agreed under the SLS based on a pro-rata contribution of each party's costs and time to achieve sales of MSAR® and bioMSAR™,
Eyes on the prize, placing party time ahoy |
June 2023 RNS
‘commercial revenues for Quadrise could be achieved from Valkor's Primary Project Site in August 2023’
Uh errr |
I suppose you could argue that some of the salaries and vacations will be covered for several weeks say . But only if the vancor cash arrives. And I’d be very surprised if it’s not cancelled out in costs b4 it ever arrives? |
‘Better than nothing.’
Sorry, I think ‘nothing’; would have been better than the idea of something. Probably needs a bigger placing to fund the theory now.
But at least a placing should be out of the way before the valkor possibility of delayed payment in 2 weeks? Why not announce after payment landed ? Prob cos it will never arrive ?
IMO |
About the Valkor Project
The use of low-carbon extraction and production methods by Valkor in Utah for the project sponsors is expected to result in heavy sweet oil with a very low well-to-tank carbon intensity. MSAR® produced using this oil is calculated to have a 15-20% lower well-to-wake (or well-to-stack) carbon intensity than conventional very low sulphur fuel oil (VLSFO). The production of bioMSAR™ using renewable glycerine or other biofuel feedstocks would then further reduce fuel carbon intensity. The project is well located to supply local industrial and powerplant consumers, and marine consumers in the west and gulf coasts of the USA via rail, in line with the Company's shipping decarbonisation strategy. It is estimated that some 77 billion barrels of recoverable oil are located at the Uinta Basin in Utah. |
kreature
the 2/3rds reduction in immediate monies should at least pay for most of the manufacturing and shipping costs of a smaller mmu, and the 1/4ly monies should pay some of the salary costs.
Better than nothing.
I wonder how many have read the recent SEC filings of Trio Petroleum and all others involved.
Seems to me that there is very little money actually coming the way of VALKOR or anyone else. |
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