Quantafuel is presenting today at Bank of America – more significant event than people may think

There is a US company PureCycle Technologies (ticker PCT) that aims to recycle plastic. They are at least two years behind Quantafuel, they are building their plant. Despite that PCT trades at mkt cap of USD1.5 billion. Quantafuel trades at USD 0.4 bln. That is an indication what US investor interest could mean for Quantafuel stock.

Quantafuel just announced that they are presenting today in Bank of America investor call. I think this could be a more significant information than people think.

I have been an investment banker for 17 years. In my experience Bank of America would not organize a call for QFUEL, unless there is a relationship building and promise of investment banking business from Quantafuel. Relationship building could mean:

• QFUEL undertaking to BoA to give them a mandate for the next round of capital funding. There will be large funding needed when QFUEL starts building big plants. As a part of the funding BoA would introduce QFUEL to US investors. That would be very significant as it would multipy QFUEL investor base.
• BoA may start research coverage of QFUEL prior to the funding round. This would be a major event for the company, as it would globalize the QFUEL stock – it wold introduce the opportunity to US investors.

The above would be very major event for Quantafuel. I believe its impact on the share price could be as significant as reaching Proof of Concept.

Quantafuel announcement from today:

Quantafuel’s Chief Commercial Officer Dr. Christian Lach is presenting at an investor group call hosted by Bank of America Securities at 16:00 CET today. Please see the full presentation attached.

To see the announcement follow this link: https://newsweb.oslobors.no/message/543064