QFI now have only 6 working days to lodge the RNS if they are going to keep to the statement made at the AGM
We know the KSA trial will be worth $30m of MSAR.At $60 per barrel thats 50,000 barrels which is approx 7,142 tons.At a profit of $10 per tonne that is a total profit of $71,420. I think my logic is correct.
We should see the SP go over the 10p level this week.That is before any RNS.
I dont expect any new news today so no major movement in the SP.
We still need commercial contracts. The RNS today will hopefully help this happen,
I doubt there will be any positive news from QFI in the next 6 to 9 months so we should see the SP drift to around 2p.
I am not expecting any significant news for 6 to 9 months.
Fyoz..ask this question at the AGM. I expect the reply to be..nothing has been installed.
the old trout..you seem to be the biggest optimist on this BB. In reality things do not look good for QFI.
Old Trout..It is not a director buy IMHO.