The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
"Was that on hard news, sentiment MM activity - what was the driver of you know?"
It can be useful for research to look back to the RNS's issued at the time in question.
In this case, it was the first production at the Envia demonstration plant:
https://www.lse.co.uk/rns/VLS/first-product-at-envia-energys-gtl-plant-d7qh4kl6w0korb4.html
ReoninV: The VLS technology can produce petrol and diesel as well as aviation fuel though generally the higher cost means they are unlikely to be used in road vehicles except in special circumstances. The motor industry is focussed on transitioning to EV whereas the airlines don't have that option.
SAF offers airlines the ability to be greener whilst using their existing fleet so it is their only real option in the medium term.
SprogBarnes: which Velocys reactor chamber failed? If you are referring to the Envia trial in Oklahoma City the problem there was with the non-VLS cooling system external to the reactor. The VLS FT reactors worked well.
See:
http://www.biodieselmagazine.com/articles/2516665/velocys-announces-close-out-of-cellulosic-diesel-joint-venture
When you see reports like this you can see that the construction industry must be increasingly desperate to decarbonise and diesel generating sets are one of the big factors!
https://www.bbc.co.uk/news/uk-england-55202801
If you are going to join in order to ramp a share you should maybe do a little research first!
Claytrap - given that in June this year Elon Musk tweeted
“Fuel cells=fool sells,” the Tesla CEO mocked Nikola's core technology in a tweet early Thursday morning. It's “staggeringly dumb,” he wrote in another tweet. It's not the first time Musk has made fun of hydrogen fuel cells. ... “I got the fuel cell question about 8,000 times,”
I think you may be wrong there!
https://www.telegraph.co.uk/business/2020/11/29/nuclear-looks-hydrogen-bid-tosecure-future/
According to HL I made my first buy 10th Nov 2010 and have topped up 16 times since then. I’ve not sold a single share!
It means the stock has gone into auction; see the description below from aim-watch.com
What is the role of an auction?
Any discussion on price monitoring extensions must firstly begin by covering auctions. Auctions are small intervals during the regular trading day where the electronic order book is effectively frozen. During this time, orders are collected from the market – known as the Call Period – and the matching algorithm considers the orders that have been entered and calculates the price that the maximum amount of shares can be executed. The intention is to find the most popular and reliable price for a security.
At the end of this Call Period, orders that can be matched are executed in an event referred to as the uncrossing, which takes place within a randomised 30 seconds of the end of the Call Period. However, should the auction fail to generate a reliable price, then a price monitoring extension is generated.
What happens during a price monitoring extension?
Should the preceding auction fail to generate a price within a predetermined percentage above or below the reference price, which is the price just before the stock went into the auction, then a price monitoring extension RNS is automatically released to the market, and the Call Period is extended by another 5 minutes. This extra 5 minutes provides participants the chance to review the prices of the orders that have been entered and if appropriate add, delete or amend.
Should this additional period still fail to generate a reliable price, then a second price monitoring extension is released to the market, and the Call Period is extended by another 5 minutes. On this occasion, should the additional period also fail to generate a price within tolerance levels, then this price will be taken forward and the orders that can be matched will be executed in the uncrossing.
Our CEO, Adam Bond, will be talking to CNBC
@SquawkBoxEurope
tomorrow at 6:30am about our recent announcements and the future of hydrogen. Please tune in to hear what he has to say!
As a long term holder of Char who hasn't paid a lot of attention here over the last few years I am hoping some others here can explain how they got the rights to the Lixus block which contains the proven Anchois gas field?
I can recall several Char exploration wells in other countries that came up dry hence the low valuation for the company. Then for some reason and without any drilling, they were awarded an apparently valuable asset at no cost.
Have I got it wrong or is that what happened and if it is why did it happen?
there is a link in the RNS
https://www.pv-magazine.com/2020/08/25/solar-powered-hydrogen-under-2-kg-by-2030/
The hydrogen will be produced through electrolysis on very windy days, when the wind farm may be generating more power than is needed, and will be turned back into electricity using hydrogen fuel cells when it is calm. The battery will operate on the same principle. Ms Bosman, 57, said that she had not seen either storage technology used alongside turbines before. The floating solar panels will offer additional power when it is sunny.
She said that the proposal was more efficient than installing complementary generation and storage onshore because it would make better use of the power transmission cables.
For Shell, the technologies could enable higher returns, especially in subsidy-free systems, as in the Netherlands, where revenues depend on market prices. “When all the wind parks are on, the system gets flooded with offshore wind power,” Ms Bosman said. Excess power generated when prices are low or negative could be stored for sale when supplies are scarce and prices are higher.
https://www.thetimes.co.uk/article/shell-looks-to-inflate-case-for-generating-power-offshore-7qkrktcx0
Royal Dutch Shell hopes to boost the profits it makes from offshore wind farms by using surplus electricity to produce hydrogen and to charge batteries at sea.
The oil company claims that using such technologies to store energy, as well as installing floating solar panels next to the turbines, should enable it to offer “a continuous power supply”, even when the wind isn’t blowing.
Shell is preparing to put the technologies through trials at a new wind farm it is building off the coast of the Netherlands. If they are successful, they could be deployed more widely across the industry, according to the company.
This would better utilise the cables that link the wind farms to shore and would boost returns for developers by enabling them to store surplus power on windy days, when the market is swamped with electricity, and sell it for more money later.
"Why would the UK Gov fund a plant in the USA when it wont step in the help Rolls Royce?"
It isn't!
Bayou Fuels in Natchez, Mississippi, USA.
You should look at the Velocys web site!
"Your heard it here first"
Sadly we have heard it many times!