Member Info for expatbrat

IM I respect your views on VLS and you and I have been on here such longer than most of the recent newcomers.
I think you’ll agree with me that the stratospheric rise from under 5p to over 16p in less than 3 days was purely based on a mention of VLS by Grant Shapps on the telly. People piled in without doing any research on this stock, catalysed by the Twitter rampers who suddenly turned up saying this was the best thing ever. They should be the ones being berated here imho.
However before you start talking about the FCA, maybe read the Seeking Aloha article by Noah Riley. He’s basically put in one article what I’ve been waffling on about for ages. Will he be reported the the FCA for his fact based views?
As I’ve said, this is a great stock on which to trade the news, but in my opinion there is literally years worth of work ahead before this business could genuinely be considered as a long term viable proposition.

I commented on Mt T’s post stating that BP invested in Fulcrum WAY BEFORE Shell got with VLS.
That sounded pretty clear to me that this is not, new news
Subsequently, Sean93 specifically asked how much they invested and I responded, quoting from Google.
To further drive this fact home, I then responded to another question by stating this was several years go.
Then Thurgarton turns up saying I’m only telling half the story. There was no story needed Thurg. Comment, then a question, and a couple more answers to specific questions. People are grown up enough to do their own reasearch (which, to be fair, you do Thurgarton), it’s not hard to Google if one needs to find out more in order to get the info they need.

Ok. Biogas. Not syngas.
But I take your point.

Several thousand hours on natural gas. What about waste derived synthesis gas?

Who said it was news!!? I stated below that the BP deal was several years ago. We don’t always need a war and peace answer . The facts will do!

The BP investment was several years ago now, so its more like Shell following BP really. I think the incentive for Shell to partner with VLS was driven by the BP deal. The BP project is probably 3-4 years ahead of the VLS project imho.

Correction. £30m! From Google:

BP today announced the creation of a strategic partnership between its BP Ventures and Air BP businesses with Fulcrum BioEnergy, a pioneer in the development and production of low-carbon jet fuel, in which BP will invest $30 millio

$10m.

BP piled into market rival Fulchrum, way before Shell turned up with VLS. Thinking about it, Shell probably partnered with VLS, because BP partnered with Fulchrum!

Nothing new on the RNS. But it’s a nice summary for those who are new to the stock.

Just sell the amount of shares that equal the value of the initial investment. As you’ve been in here since 3p, that won’t be much. Then you’ll have no risk of making a loss and no need to brick it.

Hi Sean. I like your informative posts. You’re one of the few on here who actually know what you’re talking about.
However, I must disagree with your statement. “ All Velocys need to do is knit together each of these proven steps”. This is actually the most difficult part. You’re correct in saying that all the individual steps are proven (to a degree) however integrating them will be far easier said than done. Look at Enerkem for example. - that have huge backers and more money then they know what do do with it and they are only just making thier waste to fuel process work. This is after many many years of smaller scale testing that they carried out.
I’ve been working in waste to energy for some time, dabbling in gasification for a while. Getting a stable, high quality syngas is very hard and that’s with working with primitive boilers, not high end FT reactors.
Again, it’s important to look at what is being proposed here, and not just an announcement from Grant Shapps. Before anyone says ‘why would Shell invest if they didn’t think it would work’’, then have a look at the number of investments Shell has made in tech that didn’t work. I’m not saying this is the case here, but it’s not a given that just because She’ll are in, its fully de-risked. Also and by the way, I’m still in this stock as despite my long term views (which have not changed), my short term view (which has also not changed, despite people on here thinking it had), is that the current interest in this field will bouy the sp, for a while. The question is, how long.
Good luck

I can’t see a takeover event tbh. Simple reason is that VLS only have IP for their FT reactors and not the full waste to fuel process that is being propositioned here. If VLS ‘owned’ the entire process, including the gasifier, then maybe, however the VLS bit is only a small piece of the entire process.
However. IF, they manage to build the plant and get it working in 5 years time and their FT kit is proven to work in this configuration, then there might be some merit in a potential acquisition.

‘Troll’ is a bit harsh. My posts relate to the long term outlook of the company and its ability to achieve its technical targets. Short term? - fill your boots while the PR is hot. (Like most people in here do)

As I’ve now been filtered by many, my posts don’t get read by those who are slamming me. As a few on here know, Thurgarton for one, my long term position has never changed. I’ve always openly said that I trade the news on this stock as it’s an easy win. However, longer term I do not believe the company will achieve its ambitions. Short term, the news and PR help bouy the sp and I’ll be in an out for those reasons. There’s no lies, trickery, deceit, or misleading of others. All my posts regard the future abilities of the company to finance and build the plant, the period of which is at least 2 years away. The ability to attract finance to build the plant is influenced by many factors, not many of which influence the current ability to raise a million here and there, based on a good idea and good market timing.

After the F4C had risen and subsequently fell. Anticipated the PP announcement today but as the F4C came out in the morning , the PP confirmation could only have been later in the day. The Shapps mention was a genuine surprise. In fact the whole Jet Zero topic being discussed whilst looking at a ‘save lives’ banner on the lectern was a bit bizarre imho.
Trade the news, sell the fact. As you know, my facts are about the future impacts, less so the immediate momentum.

Full disclosure. I got in on this stock this afternoon after the F4C run had done its dough. Yes, trading the news. Anticipated the PP confirmation before the week was out but didnt expect the Grant Shapps mention. Need to decide now if I hold on for the next big news item (permitting or next F4C bung?) or get out after the feeding frenzy next week.
I expect something from BA on JetZero next week , in which they might mention the VLS pp approval.

PP in the bag,

Ha! I have read owenski's posts at length He's been around far longer than I. Alas we are different people, albeit on the same side of the fence. Despite your inference that im the only person on earth that does not see a long term future in VLS, there are clearly others.
Id be honestly surprised if BA/Shell pump much more into this. We are now approaching Big Bill territory and I doubt BA/Shell will want to take anymore risk given the problems they currently have - esp BA (IAG). The parties need to remove more risk from this project before going to market imho. How they plan to do this, im not so sure.

The F4C pot is a budgetted amount already signed off. It wont be withdrawn, much like other funds/grants that were previously agreed for other applications. The only payment discretion is how the award is paid. If you read my post, I said 'now' - ie, this payment now. I was fully aware that there will be more to come. My point is that Rika got all of it, in one chunk. VLS got a token amount to keep the lights on with the project, which brings into question the risks that the Gov are now taking nto account for VLS, vesus other companies making better progress. This 0.5m is most likely off the back of PP approval, which is probably a pre-agreed milestone. Future milestones will most likely be: Successful permitting, completion of FEED, selection of construction contractor, construction commencement.
They should be able to pay for Permitting with this new money, but the FEED is 10m+ so a placing will be needed/more handouts from BA/Shell to cover it.