Member Info for ddubya

It feels like VLS is raising 10m in return for putting an extra one third of shares into circulation. PI will have the chance to participate for funds in excess of 10m which seems reasonable as the inference is that we can also add between 5 and 7p. The RNS also suggest that BA and Shell have agreed the extent of their financial commitment in return for a one third share of Altalto. To release The detail of that arrangement shortly may offer the parent SP a leg up.

I would expect that a negotiated trade could be delayed in that way SL and there may be other examples?

I am not selling of course and believe there is much more headroom above 50p when the conditions are right.

Nice to see some lunchtime action in the right direction. I always feel that is a good sign.

Good idea Morbox. I shall set an order to sell at 49.9p :)

When fish start jumping out of the water the perceived threat is not always a real, they do it because others are. If PI are being encouraged to exit now there will be motive behind it and for me, the SP remains cheap for the opportunity it presents.

Expatbrat, are you in or out now?

For me the intrigue here is extension of the JDA for BA and Shell to each receive a one-third share in Altalto. Unless VLS has been gifted in return for a £1m investment (don’t believe so) then there will be an update following completion of discussion over Immingham. Roman is bound to have been included yet he is neither part of the new arrangement nor has he sold. The game plan is unclear - perhaps BA and Shell want his shares too and they are agreeing a private trade?

The game plan probably has some way to go before it is clear and it could take some time but I think there will be a lot more SP upside when, as usual, news arrives unexpectedly.

I am not in VDTK yet but want to be. Hoping to invest some gains from elsewhere first but meantime well done to everyone here. I note the RNS does not provide any idea of the scale of this order but it is very mportant to have the first commercial sale.

It certainly is time Botbot...and hopefully not for disappointment. If there is no announcement this week, the market will mark us down on the assumption there is no replacement for Merck income and ME will know that. To avoid that outcome, good news needs to be released before the month end. It is going to be an exciting but tense week, especially given your holding. Fingers crossed for a good outcome, which would see NANO turn a corner to a better place.

There is no doubt much more money is needed to fund the company through completion of the Immingham project, and VLS does not have it at the moment. However, we can see how VLS is positioning itself to stand the best possible chance of raising money on equitable terms, and we might expect Shell and BA to be paying the lion’s share. The elevated share price really helps and a cash raise at the current SP or higher will be much easier to stomach than it would have been at 3p or less. This could be one of the rare exceptions where cash is raised and the SP keeps rising.

It looks like Tate & Lyle is still pushing Soda-Lo on its website and claims, e.g it remains a salt product and provides a 50% sodium reduction are remarkably similar to Salarius. Still - the market is huge so room for more than one. Perhaps Bakery and Snacks magazine would do a back to back test for us?

https://www.tateandlyle.com/ingredient/soda-lo-salt-microspheres

A number of old articles on the internet relate to a Nottingham university spin off, Eminate, which developed salt Microspheres branded Soda-Lo. It apparently held both patents and a licencing agreement with Tate & Lyle. The attached article from 2010 refers to it use in bread making. Does anyone have the backstory to what became of Eminate? Was it perhaps acquired by TEK Capital?

https://www.bakeryandsnacks.com/Article/2010/03/26/Bakers-slash-salt-with-micro-salt-particles

I like the comment in the Bakery and snacks article to effect the product tastes like salt because it is salt. No need to convince the public to eat anything new, such as with competitors like Umami. Simply enjoy the same flavour with less sodium. A beautifully simple concept, no doubt conceived during Fresher's week with salted snacks and drinks in hand.

It would be great if Salt Me crisps are a huge success but in the hugely competitive snack sector I would not expect that. It will demonstrate customer acceptance of the flavour though. The big win is take up by snack providers to directly replace salt, helping manufacturers counter the sodium health risks. It may have been covered here already but does anyone have a measure of the cost comparison to normal salt?

Thanks expatbrat - I understand now but Shell needs to make up those four lost years i which BP has been working with Fulcrum. There is surely a real possibility Shell has taken this time to do its homework and ensure it backs the favourite rather than an outsider. It is often a benefit not to be first adopter but rather a fast follower, learning from others mistakes. In pure investment terms, I wonder whether Grant Shapps statement was confirming that Government and shareholding funders have agreed a strategy to support the Altalto initiative, which might well be announced before the 30th?

I am pleased it is working out for you too Mr T. I first bought in here at 59.93 in 2010, and like you was seriously underwater when that water 'accident' pulled the rug from under us. It would have been sensible to sell up ages ago but instead chose to average down heavily earlier this year. I had not expected this weeks rise so soon or for it to be so steep but I am celebrating a decent profit too after several years of pain. Hopefully, there are many more like us.

expatbrat. As you suggest BP is almost duty bound to back a different horse to Shell. It is difficult to predict who the eventual Biofuel winner will be but do you not think BP's investment in Fulcrum will encourage Shell and BA to finalise investment in Altalto and increase pace of development? Just wonder if you have a different perspective and if so what that is.

Yes - this is why there was no announcement to effect VLS did not know why SP was shooting up. So expect another good day! Well done holders.

Hi Stickybob. Market Makers hold shares, which you can buy or sell to them. Without them it would have been necessary for you to strike an individual deal with someone holding shares and willing to sell them, so you could buy. That would be a clunky way to operate and so they provide liquidity that allows people like us to buy and sell. They are often accused of manipulating the price at which they buy and sell but are a necessary evil.

If you are worried, instead of being all in or all out, expatbrat beat me to it and provides sensible advice. Consider selling an amount equal to either the profit you have made, or your initial investment and let the balance enjoy the ride (up or down)? That's something investors often do to minimise risk of loss. This has been a very rapid and substantial rise on VLS and so not typical of shares in general, so enjoy this one.

Screenlearner. I believe a Case Caption, required on all documents, lists the names and detail for the Case Number, court and lawyer as well as the document title. It looks like both Samsung and NANO agreed to make a change to one or more part(s) of the Case Caption (most likely initiated by Samsung) yet judge Gilstrap has refused the change as being an immaterial or moot point. If he does not consider the documents require amendment the filings would not appear to be material to the case. Samsung is probably attempting to move some deckchairs around the upper deck.

Wow whitto - 3.7m. Let me reassure you and everyone that it was not me.

It certainly is HI- my average is 5.69p :)

Thanks for sharing Steviom. “... updates coming shortly.” sounds about as promising as it could be and my guess is that news will relate to Salarius rather than Belluscura? Guess we shall hear through an RNS soon enough?