Member Info for dai2belts

posted by dannyaus1
just posting it again to put into my history for future reference,
An article Dannyaus1 found in italian regarding the epic / azimut deal. Check out they mention offering a new asset class. Also mentions quadrivio & industry 4.0 being a partner of Epics.
as is Supply@me.

EPIC is the real economy marketplace, specializing in minibonds, direct lending, private equity and club deals. Epic's fintech platform favors the meeting between Italian SMEs and a selected audience of institutional and qualified private investors. Through its fintech platform, Epic acts as an independent intermediary between companies and investors and offers, transparently and at low cost, to the former to find capital for their medium-long term growth projects, to the latter a new asset class to optimize the return on your portfolio. Founded and led by CEO Andrea Crovetto (former top banker of Citibank, Intesa Sanpaolo and UniCredit and former general manager of Banca Finnat), Epic is the real economy marketplace, specializing in minibonds, direct lending, private equity and club deals. Since the beginning of operations, it has raised a total of over 220 million euros for 82 SMEs. In addition to Crovetto,

Epic's partners are, among others: Guido Ferrarini (jurist, former president of EuroTlx) and his son Sergio (formerly Bain Capital, currently director of Inflexion Private Equity), Andrea Moneta (senior executive Accenture and former banker of Unicredit), Valerio De Molli (who leads the Ambrosetti group), Roberto Crapelli(managing partner of the Quadrivio Group's Italy 4.0 fund, former president and CEO of Roland Berger Italia), Antonio Chicca (formerly Nomura and currently a member of the executive board of Epic), Massimo Bianchi (Chief Business Officer of Simest) and Digital Magics .

https://www.crowdfundingbuzz.it/azimut-ed-epic-lanciano-azimut-direct-per-portare-la-finanza-alternativa-nelle-pmi-italiane/

You can find a link to the dashboard on this official page
https://www.gov.uk/government/publications/delivery-of-documents-by-post

British Airways, owned by IAG, said on Tuesday it would invest in LanzaJet, a company that is building a plant to
produce sustainable aviation fuel (SAF) on a commercial scale in Georgia in the United States.
Sustainable aviation fuel generally has up to 80% less carbon emissions than conventional jet fuel, and is produced
from biomass or recycled carbon. LanzaJet, for example, converts sustainable ethanol into aviation fuel.
On Monday, the Dutch airline KLM said it had operated the first passenger flight in the world fuelled partly by
sustainably produced synthetic aviation fuel, which is made from carbon dioxide and water.

https://www.lse.co.uk/news/IAG/ba-invests-in-sustainable-aviation-fuel-as-emissions-pressure-rises--67drhqxf43fk8wu.html

The EU is moving ahead with plans to include the shipping industry in the EU Emissions Trading System. The necessary legislation could come into force as soon as 1 January 2022 and has the potential to impact all parties in the physical transport chain as the EU moves to decarbonise the shipping industry.

https://www.lexology.com/library/detail.aspx?g=c60523cf-2eeb-412b-9b8d-c16366d44ac4

While not all ports accept scrubber waste at present, EU Directive obliges all EU ports to provide such facilities from
mid-2021. Among the more than 4000 ships with a scrubber, 80 % are open-loop, 17 % hybrid
, and 2 % closed-loop.(page 4 Exhaust gas cleaning systems (scrubbers))

https://www.europarl.europa.eu/RegData/etudes/BRIE/2020/659296/EPRS_BRI(2020)659296_EN.pdf
https://theicct.org/blog/staff/scrubbers-open-loophole-062020

fingers crossed for next week then..

ns20s link
http://resources.companieshouse.gov.uk/dashboard/paper-processing-dates.shtml

The commission free brokers tend to submit their trades in batches , also read commission free brokers like Robin Hood have a clause that allows them to loan their investors shares,, not sure if its true but would not surprise me..

08-Feb-21 15:25:01 3.69 700 Buy* 3.50 3.69 25.83 O
08-Feb-21 15:25:01 3.50 1,500 Sell* 3.50 3.69 52.50 O
08-Feb-21 15:25:01 3.50 1,355 Sell* 3.50 3.69 47.43 O
08-Feb-21 15:25:01 3.69 66 Buy* 3.50 3.69 2.44 O
08-Feb-21 15:25:01 3.50 100 Sell* 3.50 3.69 3.50 O
08-Feb-21 15:25:01 3.69 27 Buy* 3.50 3.69 1.00 O
08-Feb-21 15:25:01 3.69 100 Buy* 3.50 3.69 3.69 O
08-Feb-21 15:25:01 3.69 100 Buy* 3.50 3.69 3.69 O
08-Feb-21 15:25:01 3.69 27 Buy* 3.50 3.69 1.00 O
08-Feb-21 15:25:01 3.50 36 Sell* 3.50 3.69 1.26 O
08-Feb-21 15:25:01 3.50 1,150 Sell* 3.50 3.69 40.25 O
08-Feb-21 15:25:01 3.50 100 Sell* 3.50 3.69 3.50 O
08-Feb-21 15:25:01 3.69 500 Buy* 3.50 3.69 18.45 O
08-Feb-21 15:25:01 3.69 54 Buy* 3.50 3.69 1.99 O
08-Feb-21 15:25:01 3.50 3,450 Sell* 3.50 3.69 120.75 O
08-Feb-21 15:25:01 3.50 25 Sell* 3.50 3.69 0.88 O
08-Feb-21 15:25:01 3.50 100 Sell* 3.50 3.69 3.50 O
08-Feb-21 15:25:01 3.69 216 Buy* 3.50 3.69 7.97

100 year bond 2017
"The yield on this 2017 bond began dropping from that initial 2.1% almost immediately. Then in 2019 it crashed to below 1% and then at the height of the coronavirus lockdown earlier this year, it fell to below 0.5%.
This slide in yields in turn means that the price of said bond has substantially increased (when bond yields fall, prices rise and vice versa – think of it as a seesaw). Indeed, the bond now trades for more than twice its face value."

I think that fact it trades double face value is as mind boggling as buying a 100 year bond in the first place..

https://moneyweek.com/investments/bonds/government-bonds/602086/why-would-anyone-ever-buy-a-100-year-bond

looking at crude glycerine prices May 2019 to March 2020 when prices were relatively stable the peak was about $300..
Assuming $200/t to produce oil
Crude Glycerine -~$300/t
BioMSAR 1 tonnes, ($200 + S300)/2=$250/t to produce
MGO=525/t current
Even better margin, and I guess it would be possible to hedge prices

still all conjecture..

https://www.icis.com/explore/resources/news/2020/04/03/10490229/europe-glycerine-spot-prices-post-triple-digit-rises-on-fears-of-further-biodiesel-output-cuts

Did a bit more looking about..
UTAH video estimated a production cost of $25-$30 per Barrel but did not mention MSAR but since it is supposed to reduce production costs..we could assume $30 will be the upper limit..
So using 6.7 barrels to a tonne,(residual fuel oil 0.1493b/t)
we have a production cost of 6.7x30= ~$200/t.
vlfso@$477/t is closet product with respect to Sulphur
and with ifo380@371/t I guess UTAH @$400-500/t would be realistic

Then adding 50% glycerine with UTAHs oil to make BioMsar, and doubling output
Assuming $200/t to produce oil
Crude Glycerine -~$385/t(2020 Q2)
BioMSAR 1 tonnes, ($200 + S385)/2=$292/t to produce
MGO=525/t current( i think this is the closet product from the post of jackg123)

Most profitable product could be MSAR on paper, but all depending on demand..
but its pure conjecture
but if they did double output by mixing 50% glycerine with every barrel produced that may also double the income from the licensing agreement..

https://www.cmegroup.com/tools-information/calc_refined.html
https://www.eia.gov/dnav/pet/TblDefs/pet_pnp_refp_tbldef2.asp
https://shipandbunker.com/prices/av
residual.fo 0.1493(6.7/t)
distillate(heating/diesel) 0.13333(7.5/t)

From cperkins lead...
Solo are now Scirocco and holds 21,297,388 shares in Helium One.
SCIR RNS feed includes HE1 updates
https://www.lse.co.uk/ShareChat.asp?ShareTicker=SCIR&share=Scirocco-Energy

Glad we did not invest 2018
RNS Number : 0652S
Solo Oil Plc
21 June 2018
"He1 also reports that negotiations are at an advanced stage with an experienced oil and gas group from the USA who wish to drill the Rukwa Basin project, commencing in Q4 2018."
Could not find an RNS with a further update...

Jed Clampett said if its coming out of the ground you need to get Mr Drysdale

While comparing the prices of VLSFO, MGO, IFO380(WTI ?.) I looked up glycerine..
Article 2020/04/03 LONDON (ICIS)--European glycerine spot prices faced triple digit increases this week as availability tightened significantly, with players concerned that upstream biodiesel production will fall further through the second quarter.
Refined vegetable glycerine prices shot up €130/tonne on the low end and €230/tonne on the high end to €670-900/tonne FD (free delivered) NWE (northwest Europe
Crude glycerine prices also saw a large increase this week, with values rocketing €150/tonne to €310-480/tonne FD NWE..
https://www.icis.com/explore/resources/news/2020/04/03/10490229/europe-glycerine-spot-prices-post-triple-digit-rises-on-fears-of-further-biodiesel-output-cuts

If I have the right info,
WTI and IF0 380 ~$380/t(current)
Crude Glycerine -~$385/t(2020 Q2)

While I am googling what you have posted, and attempting to get to 500% has there been any news of UTAH customers lined up for MSAR?
Or may be an indication of the types and split of oils to be produced, I have limited knowledge so I assume, VLFSO(0.5%) , and subject to agreement MSAR.
All learning..

All going well plant is estimated to take 1 year to build once a suitable site has been found...($185M)
Plant will produce sales products comprising a synthetic heavy fuel oil ("HFO") derived from Quadrise Fuels International plc's ("Quadrise") MSAR® technology, subject to Greenfield entering into a licence with Quadrise for the use of the MSAR® technology at the Plant, as well as raw bitumen and a small diesel fraction extracted from the lighter ends of the bitumen extracted from the sands, along with the heavier ends of the solvent utilised in that extraction.

This suggests MSAR will be the main product.
Has MSAR been approved for particular uses and does UTAH have MSAR customers waiting?

https://www.lse.co.uk/rns/TOM/greenfield-pre-feed-report-qpcv39s0bzfvcek.html

Powering OCP, powering the nation

Right now, 86% of our needs are covered by green energy. Not only that, we also produce 25% of Morocco’s clean electricity.

By 2030, we aim to meet 100% of our electricity needs though wind, solar and cogeneration production.

This will significantly reduce our carbon footprint – and it will make a major contribution towards Morocco’s aim of producing 52% of its electricity from renewable and clean sources by 2030.

https://www.ocpgroup.ma/energy-program

Khouribga's 187km slurry pipeline transports washed phosphate from the mine to the processing platform without having to dry it(Removal of Fuel Oil Stage?) and then transport it by train. This project alone has cut our CO2 emissions by 620,000 metric tons,
Our old mines and marginal lands give us a big opportunity for environmental recovery. We’re rehabilitating these sites with projects that will capture CO2– like planting hundreds of trees and encouraging natural processes that remove carbon from the atmosphere.(Maybe Msar at these mines?)

We are targeting a 50% reduction in total SO2 emissions by 2025 and improving air quality by extending real-time emissions monitoring systems and gas-washing units.
https://www.ocpgroup.ma/sustainability

Boucraa mine world’s longest conveyor belt – it’s 102km long

By 2027 we will have completed a $20 billion investment program ..
https://www.ocpgroup.ma/industrial-operations

Certified by GUTcert, member of the AFNOR Group (French Standards Association) and accredited certification body, OCP Group's carbon footprint (387,053 t CO2e corresponding to the total carbon emissions of all the Group's activities in 2016 equating to approximately 3% of Morocco's emissions), was the subject of an audit for the third consecutive year. This measurement of the volume of carbon dioxide (CO2) emitted by all the Group's activities in Morocco, calculated according to the ISO 14 064 standard since 2007, has been a fundamental part of the Group’s environmental policy.

This diagnosis makes it possible to define solutions and strategies to effectively fight against global warming by reducing the emissions recorded for each source: the use of cogeneration and wind power for electricity needs, the removal of the drying stage (fuel oil) as well as the abandonment of phosphate transport by rail thanks to the implementation of the Slurry Pipeline, etc. In the same perspective, an employee transportation project using electric vehicles is being studied.

https://corpo.ocpgroup.ma/en/ocp-group-carbon-footprint-certification

Bad Week For BP= Opportunity For Buyers
Thought I had missed these prices.

Spudding is the process of beginning to drill a well in the oil and gas industry. A larger drill bit is initially used to clear a surface hole, which is then lined with casing and cement to protect groundwater.
https://www.investopedia.com/terms/s/spud.asp