Member Info for dai2belts

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Brain fog today, its a killer playing the shares, even with monopoly money..
On go slow......
Could have sold IAG, LLoy, Barc, BP at profit, but also could have easily got spiked buying too early, which was easy to do, but recovered today.
Everything gapped up yesterday, before we got a sniff ...pre-market trading

One thing I noticed is BP, and IAG up to a point produced the same spikes, so that I guess is the FTSE 100 relationship, also the market waited on the ECB news, sold on it, then bounced

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Little volume today. its slowly creeping down..
I guess the spread may drop 0.6/0.65 some time today..
Would I buy today, if I was after a penny, then I would wait and see if its starts moving, as next news is the start of drilling to the targets... So could have more exit on that..

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NEX, 52 week low, 2.6% short position(lse), strikes Monday

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It dropped yesterday then recovered today, no idea why..........
88e,, Mmmmm, played that one real bad, unless the herd arrives...

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License fees
In line with its commercial strategy, Velocys will charge license fees for the utilisation of its proprietary technology at commencement of construction

The grant funding will be used for the completion of the project FEED, which will incorporate the technology packages of the licensors (including Velocys) and develop the basis for the Engineering, Procurement and Construction ("EPC") contract. In parallel, the commercial agreements required to support the plant will be put in place.All......

(2025,) All of these will support the Final Investment Decision ahead of commencement of construction, which is targeted to occur in 2025, consistent with the UK Government's ambition. Based....

(2027), Based on this timing, commissioning of the Altalto Immingham project is expected to begin in 2027.

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Mmmmm, thought you had inside info ;)
As it looks like one is due, new financial adviser, and private-sector matched funding requirement.
I assume private sectors includes those guys who off-load their shares on us lot?
Will have to watch and see..

Its been in my watch list as its done the odd good rise even though nothing was going to happen for a long time
And looks like next month some news could be due

@Sinequanon, wish I could nail the making money part, lol
Nasty habit of holding until my profit is almost gone, holding for that big bounce..
Should'nt read the BB, although it has absolutely no influence on my decisions, unless .... ;)

Did'nt trade much more after 16:00 either..
Although todays sells were less than 1/5 of yesterdays, ..
It appears yesterdays sells,.. in the last half hour was almost as much as todays total volume..
So hopefully todays volume is a sign they have finished, and this is the low..

@Tro, where is the info on the fund raise ?
looks like one is due though, with the appointment of a leading global investment bank to advise it on the financing of its two key technology reference projects: the Bayou Fuels project in Natchez, Mississippi, and the Altalto Immingham project in the UK.

Also >>>April 2023<<<
The grant funding(Gov up to £25m) will be distributed over the grant period from December 2022 to March 2025 and is conditional upon receipt of private sector matched funding.
Altalto Immingham has obtained Letters of Intent from a number of existing and new potential partners for the private-sector matched funding requirement with the first tranche of private funding due to be in place by >>>April 2023<<<

https://www.lse.co.uk/rns/VLS/16327m-uk-government-grant-for-altalto-project-mc24y5y4dd20y7e.html

to kick start

£2.5 million grant awarded to Velocys under this e-fuels allocation will be used in conjunction with the E-Fuels Project's partners to conduct feasibility, technical validation, site selection and pre-FEED engineering for such a project, to make SAF from carbon dioxide and hydrogen, in the UK.
https://www.lse.co.uk/rns/VLS/16325m-uk-government-grant-for-new-e-fuels-project-lv8qerti3gxwnex.html

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8%, If you could do that every month, I think you would be head hunted by the big boys...
I think there will be some FTSE shares primed for a bounce now..

Quiet, sellers too
Largest trade, was at selling price, 0.637, the 8 am UT 1, 250,000
So far buys more than double sells

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NEX, today, 52 week low, after such a good rise

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IOG, have a long time until any really bad news, like that cash in the bank being spent, or another well messed up
4.442p

JSE, I was waiting to buy that below 70p, but it rose to 90p, second chance maybe, 10% when that FSPO is back in action, another 4000 bopd, will it rise again
10% 82p mmm
74.12p

FTSE, have Barc,lloy ,BP, IAG up.. when they bounce its about in 1-1.5%..
Big guys making a killing, probably at the expense of those trying to time the bounce for a tiny profit
Seem to be moving exactly the same times ??? Algo trading systems I bet..

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Its really peculiar that BP and IAG show exactly the same spikes, same timings on candles too

https://invst.ly/-k5nt

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Try again

Time of ECB interest rate announcement,
BP, IAG
https://invst.ly/-k5fw

Time of ECB interest rate announcement

https://invst.ly/-k5d-

https://news.sky.com/story/european-central-bank-sticks-to-its-guns-on-interest-rates-despite-market-turmoil-12835342

@Tro looks like ECB raised rates 50pts..
A guess there are a few too many banks.....

https://www.ecb.europa.eu/press/pr/activities/mopo/html/index.en.html

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typo
IOG, nice timing KevR, 4.5p to buy again
4.40 - 4.50 (GBX) at 12:17:21
4.30 - 4.50 (GBX) at 12:20:56 4.425p to buy

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interesting 12:35

https://invst.ly/-k4jg