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.
Re Doc7 : Hi Doc, long term QFI is probably as good as investment as any. I am a heavy long term holder and have no notion of selling now. Ignore the bickering and related comments on this board. If you are prepared to wait a couple of years QFI should give you a good return. Good luck with your investment.
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.
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