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Currently ahead of schedule, sailing through the Straight of Mallaca, due in Singapore on Saturday, should be at dry dock location the weekend after.
Jackg...Did you get a reply to your email ?
No reply HF. Should get something out of them at the Q & A session if nothing in the results Monday.
Been very quiet all around, can only hope that they have been pi55ing out straight
Mondays update will be an incremental increase on what's already been reported, they'll be making progress of course but everything will still be in the future.
Me, personally the Morocco trial hasn't started, will be about to start and Ramadan will delay it , or end it as the agreement will be allowed to run out. If this project was going to be completed by mutual desire, it will have done so by now. Its a simple week long burn thats took nearly a year to do so. Think about that.
Vince, they only got the fuel delivered the week before last.
I can’t see why they would not want to do the trial. Even if it comes to nothing, surely all parties are interested to try the fuel out.
I’m expecting a decent update on Monday, maybe even a nugget of Uber-positivity. (Again)
The fuel was on site as per the Feb 23rd RNS . We were told it will start before months end, which in Qfi speak means Mar 30 or 31st. Ramadan started on Mar 22nd. Everything slows to a crawl during this time. And the past 7 quarters that has been pointed out , has lead us to the nxt quarter and the nxt. Minutiae upon minutiae.
The frustration at the last AGM over continual over promising and missed deadlines is totally ignored by the rose tinted glasses brigade , everything is good, everything is progressing quarter after quarter. Belief and Hope are not good investment strategies.
All of us have put significant amounts of money into this company and to just sit back and have faith is complete and utter BS as an investment strategy.
When the facts change, my attitude will change. But past experience is a good indicator of what to expect on Monday.
If I'm wrong, I'll hold my hands up and admit it. So let's hope I'm very wrong.
Vince I am very confident you will not be wrong.
Yep I don’t think next week will be ground breaking but I still have faith belief again that eventually we will see especially MSC get this trial going. The latest media around Carbon reduction, taxes etc and the change to better fuels really should put us on a plate. As much to my thoughts that they still fail to promote and communicate the product I just hope a trial somewhere should deliver us on the front stage. Question is when, and with the ‘cash call’ required by year end, how will they manage it. Can we seek funds from elsewhere to promote the fuel change, other ‘interested’ companies or outfits. Let’s hope the name change has been asked for a reason, maybe we will find out in Q2. Will they even do a IMC call this time, who knows what’s round the corner but at least the outside media and global shift is going in our direction. Can we keep up with it and put our product on the global map! We can help with marine, power and industry, all the big nasty CO2 people, we can help.
https://shipandbunker.com/news/emea/641774-eu-institutions-reach-provisional-deal-on-fueleu-maritime-regulation
Now only if there was a fuel available that could save the marine sector some dough in 2025..........Hmmmm
Mac,
Absolutely!
No reason to get the fuel delivered unless it was guaranteed to go ahead, QFI would not have gone to the great lengths with Customs to get fuel delivered if there was any doubt of it going ahead, so the client has clearly repeatedly told QFI during the delays that it will still go ahead.