Member Info for expatbrat

Be careful with you accusations re.lies. No lies from me, just fact and opinion.
Short term - buy/sell; trade the news (grants/ planning and climate momentum)
Long term. - sell (projects will not get financed due to too high capital expenditure and lack of testing at smaller scale)

Wow. A lot of posts about the voice of reason! Rika got £5m. VLS have half a million. To me, it means the DFT isn’t quite as bullish on VLS as they are with others in the competition.
And yes, I’m posting again, just as I promised to (when F4C was in).

Laughable! Rika Biogas was awarded a £5,000,000 grant for this competition. I think the £0.5m provided now to VLS is a bit poor imho.

your level of ineptness has no bounds. PP has not been granted. Its was delegated for official approval.
Now im really leaving. Cant cope with the basement level IQ on here.

OK im done in here. Its like telling a child to brush his teeth but they'd rather have them fall out.
I'll be back when i hear about PP and F4C. God Speed.

yawn. This was in the context of the UK project. You just chose to ignore whats written to feed your own argument. Bit silly really.

end of the month probably. Delegated approvals are taking much longer that normal at the moment.

Spurious. As you’ve not managed to address my observations on your revenue summary, I’ll assume that I was correct and your interpretation of the VLS news and information contained within was incorrect. To be fair, VLS news releases tend to be confusing and need to be carefully read. I’ll refrain from personal attacks about your lack of understanding as that is not allowed.
I don’t know why I’m explaining myself to you, but that post to which you refer was in the context of the Uk project and in reply to to the gentleman’s question about timelines of construction and sp before and after. As per your apparent lack of concentration on VLS news releases, it appears you lack the same on reading posts in their true context.

Oh and for info, you cannot delete posts so somebody on here misunderstood its context and threw their teddy out of the pram.

Where is the Toyo order monies? Toyo agreed to pay VLS GBP 3.2m, part of which was an upfront of 400k. The balance of the payment is refundable and subject to milestones. Has VLS achieved these milestones and banked all the money?

Below you state: "Toyo Additional £3.2 M up front deposit for rights re new power plant in development £3.2M
Some of this was subject to milestones and could be refunded if targets not met" They wont have all the 3.2m as its tranched. Dont confuse this order with the demonstration plant order of 0.4m. Unrelated.

What i mean about staging form RRB is that the payments to VLS will be entirely based on RRB's ability to pay. RRB's progress has been slow to stationary, so i doubt VLS will be getting anything from them until progress is made.

What about the costs associated with manufacturing these reactors for RRB? A few million a piece probably, so that $6m payment from 2018, is probably more like 3 after costs.

@Spurious. No lies or peddling going on here my friend. These are present day facts based on the present day status.
Please check the latest status of RRB. Their plant was supposed to be finished this year and if you check their latest update, theve barely made any progress in 12 months. The payments to VLS will most likely be stage gated, so receiving money from them is debatable.
The RRB plant selected Emerging Fuels as an FT supplier (after the VLS announcement you quote below) and reduced the VLS reactor order from 6 to 4 resulting in less future revenue for VLS (if that plant actually gets built) - fact.

The Toyo project is a demonstration study (not full size), with no guarantees of future orders. - fact.

What VLS is trying to do has never been done before at commercial scale. The chances of getting finance for it will be slim, at best. Is this a fact ?- depends how you see it and what you know about the process (not the VLS technology). But its definitely not a lie. By the way, can you show me a barrel of jet fuel that VLS have produced from waste? A question a project finacier will ask no doubt,

One aspect I do agree with you on is the 'new' Management. They appear to have agglomerated the right people, but whether or not its too late, again, is debatable. Dont forget VLS is a technology company that failed to offload enough of their technology to keep the company going - fact. This is why they've turned to project developing. As a company, they have no experience as project developers - another fact.
You are heavily invested in the company, so Id expect you to have a strong position in favour of success. However, the facts presented suggest the future isn't as rosy as you'd like it to be (hope it would be). The company mainly relies on placings to remain afloat and after repeated issuance, I'm surprised there arn't more people getting tired of it.

it wont. But in the fantasy world that VLS live in, these will be the timescales.

Only quiet when the board isn’t full of comments saying how solid this stock is!

Correction tomorrow then?

£4 yes. When the world was looking for ways to access stranded gas (so nothing to do with this waste to fuels project) and also before all the share dilutions that VLS has incurred ever since.
It’s all very obvious when you look at the facts.

Have you seen the historic broker ratings? Always much higher that the sp at the time but always re-rated lower over time. This is no different.

Still here. No change. This stock will leverage news and sentiment for the short term holders on here (95% of commenters) . Nothing changes the fact that VLS has demonstrated their process at small scale and that they have never developed a project. This will be what the banks look for.

This is a market run up. Even IAG is up, despite Alex Crux saying they burn 178m quid a week, with no sign if it getting any better.
Long term outlook for VLS is still the same - not good. This has been, and always will be my position. Short term is just trading the news and taking advantage of ll you muppets who dont want to learn more about the industry and its challenges.

nope. the whole market is up. EQT and PHE are up on no news.

Thanks Sean. A good post.
What do you think would happen if Fulcrum did turn up here? Clearly, given their technical and development experience advantage, and track record, their arrival to our greener shores will influence VLS, but in what way ?

Last month!