Member Info for 2phevs

11.30 it was flushed down hopefully 1.50 - 2.00 auction trade time will show this

This is a bit of a long shot but I've always felt Foresight Group since announced as a partner with VLS in March 22 are behind this project and are something to do with the matched funding

IMO It's more of a coincidence that VLS has put off the £8 mill due to buy the site and Foresight took it over

RNS 24th March 22 https://www.lse.co.uk/rns/VLS/sale-and-purchase-option-agreed-for-altalto-site-oh1siziliga3w91.html

Defo IMO and dyor

Oh we've got manufacturing operations in the US and an ongoing plant project to help reach Bidens SAF targets

Expats mates at JMAT are really moaning about no UK support but VLS got some

https://news-sky-com.cdn.ampproject.org/c/s/news.sky.com/story/amp/uk-at-risk-of-falling-behind-in-race-to-become-green-hydrogen-global-leader-johnson-matthey-says-12876852

Also mentions US super support here's the target for just SAF

President Joe Biden's administration has targeted 3 billion gallons (11.4 billion liters) of SAF production per year in the U.S. by 2030 as part of its efforts to fight climate change.

Like posted the other day beware of empathetic parasites that try to get trusted by so called buying in

Don't engage just have an indirect laugh at their expense

Ouch expat

Do you also disagree with th8s guy at Premier Miton

gervais williams commented:

“velocys, at this stage, is getting involved in the first production of jet fuel from household waste so it’s quite a big step for them and they’ve got plants going out with their technology.

at this stage, they don’t have significant revenue because the new plant isn’t open but given that yesterday the eu mandated that by 2040, jets would probably need 40% of sustainable fuel. in the short term, the share price has gone down, this is reflecting the overlooked nature of the uk stock market and anxiety about the future.

specifically, the company in our view has invested, it’s getting to the finishing post in terms of that investment, as that becomes recognised, we’d like to think the valuation will rise considerably.”

velocys plc is a united kingdom-based sustainable fuel technology company. the company is engaged in the engineering, manufacturing, development, and financing of sustainable fuel projects.

Internal profit no third parties taking margins great management

- it states that the project has entered services and licensing agreements. I suspect some of these are with Velocys’ themselves so they can pocket the grant money rather than see it all disappear to 3rd parties.

Huge cashback from spending internally for profit win win great management again

- £7m of VLS own money has been spent so far, which they claim back from the grant.

3rd party matched funding Q4 GREAT

- match funding is on track for Q4 2023 - this will be 3rd party.

Nice to see BA stumping up cash

If you're right expat I couldn't of put it better myself and I'm heavily invested here and you hate the company amazing thanks

Only thing you haven't mentioned but no point because VLS have clearly sectioned off the US business from the RNS today is what your take on velocys and the billions of $ go into projects under the US inflation reduction act

Thanks for the info for LTH

Hopefully Simms you'll like the proactive video it almost mirrors your post especially all the upcoming announcements

sure you didn't write the script??

Stating loads of announcements to come after pivoting towards quality top of chain partners also syngas to chemicals announcement to come

Still in THG and ITM a bit in a nice chunk here and BMN and heavy in VLS Troajan

Major French Utility on board for France

Major Utility on phone this morning and visiting Italy site in June

Video link

https://www.youtube.com/watch?embeds_euri=https%3A%2F%2Fwww.proactiveinvestors.co.uk%2Fcompanies%2Fnews%2F220858%2Feqtec-on-course-to-be-one-stop-shop-for-waste-to-energy-projects-2208&source_ve_path=MTY0NTA2&feature=emb_share&v=-AYFufL0hwY

Https://www.proactiveinvestors.co.uk/companies/news/220858/eqtec-on-course-to-be-one-stop-shop-for-waste-to-energy-projects-220858.html#

Just beat me to Troajan

Take a big deep sniff of coffee and ask yourself why am I posting here then???

If anyone's interested

Went from 82% long yesterday to 95% long now so maybe those 1 mill + buy this morning was an IG client changing from short to long funny if it was expat

Lots going on around the area

https://bit.ly/3NU84Sr

Hydrogen pipeline contract awarded

https://bit.ly/3NU84Sr

Especially when compared to Largo (up 20% yesterday) who's on Orions local turf I bet Orions the one who feel lucky to get this deal

If Orion tried to get into bed with Largo they'd probably have unsecured lending at 5% above base

Wasn't me this time Magic Myrtle I just got carried away at 4.62 a few months ago averaged down even more at the 3.05-3.12 mark though

Got a bit carried away with my post this morning though scanned the RNS a bit to quick and should of put IMO dyor (sorry MAJwandco)

But I do like the way the company is clearly sectioning off Alto and leads me to think there's a lot going on in the US that we are yet to hear about especially regarding TAX Credits via inflation reduction act All IMO and dyor of course