Member Info for expatbrat

what does medium term mean to you? You're glossing over the detail of my posts. It wont go under next week. But it probably wont be around in a year.

nope. I bought in to ride the PP wave. Who wouldn't? My basic opinions have not changed. I made some money off the news just like the rest of the punters..

Time for some harsh truths:
Technical Viabilty - VLS have not produced any jet fuel at any scale from household waste, yet they are now building a full size plant. No bank or institution will lend on such a project, based on a bunch of mathematical models and no physical testing.

VLS have no Project Developer Experience - this will be a huge hindrance, come project financing.

VLS have not designed this waste to fuel process, their contractor has. VLS only 'own' about 20% of the total IP for the project.

Financial Health - VLS has no means to put any of their own money into developing this project and will be diluted out to such an extent, that if and when they manage to raise project finance, that their revenues will be minuscule.

Inability to on-board investors - VLS have real trouble attracting investors. Ive read in previous reports that they a 'preparing to on-board investors', but none have ever materialised. Why is that?

Shell and BA put pocket change into this - Why are they not cutting big cheques? The few million each (pre COVID) is laughable for such big companies. Why are they not putting more in if this is such a dead cert??

Again, its great that PP has been achieved, but the reality is that this is a very smal part of the overall scope and arguably, the easiest.
In my opinion, VLS are now in the Valley of Death - the have a paper project, but need millions more to complete it. Unfortunately, COVID has come at a terrible time for them and I cannot see the making much more progres, medium term.

Good luck. Dont loose your shirt tho. Id personally wait until the preliminary results are out and the dust has settled from that. Yes, the company is in a differnt place than it was lsy year, however the report will tell you what the company needs to remain a going concern and if the recent and future funding will be enough to continue,

I simply traded the Planning Permission, like many on here. I wouldn't hold for long term, but will jump in and out when there's positive news. The long term outlook for VLS is poor, due to the numerous reasons Ive explained.

almost 5% today. Shell down too. Probably not a good day for anyone tbf.

it is, but they can only 'invest', with match funding. If money doesnt come from BA or Shell, money wont come from the Dept of Transport.

Give whats going on at BA this week, I doubt we'll hear anything about this project from them. They had the chance for a quote from the CEO in the VLS release but that didn't materialise. Maybe once the official Planing Permission is signed off, BA might say something, but don't hold your breath. Shell? They wont do anything unless BA so - its a partnership after all.

and here we are 8.5% down on the day. What gives?

Leicesterboy you nailed it with your post.
5 years until production. 5 years of no revenue. This is the harsh reality. You've got to ask yourself how a company will survice for so long. Theres only so many share issues you can do before the AIM gods call a halt and pull you to one side.

This is like a mirror image to the sp follwoing the 1m pound funding announcement from the 12th. Traders are onto the next big thing.

Pre-lim results are due. Always affects sp.

On the contrary, made a tidy sum thanks to Planning. Wish i would have sold at 5.6p, but was out buying lunch at the time. 4.5p was enough.

They are not negative posts. They are factual. dyor.

Sean83: Thanks for your adult exchange. I agree the business has changed, however there is good reason for it. VLS are a technology company and always have been, They developed their technology to monitise stranded gas, when the price of oil was high. The price of oil then went low, and nobody was interested. Its taken them many years to make the change, but as nobody was buying their equipment, the choices they had was to fold and go home, or look to develop their own large projects that use their technology. The problem is, project development is tough with experience and reputation being a key driver to success. VLS have little in the way of either, so its going to be a tough future imho as nobody will invest in the company or equipment until they've proven their mettle - this is the catch 22 they currently find themselves in.

Because the PP was a dead cert on the 20th and the previous weeks spike on the 1m funding was a good test case. Everything else is jury out from here on in.

at about about 6p actually. That 6 keeps coming back to haunt doesnt it?

I sold at 4.5p. Sorry about that.

Abramovich couldn't even enter the UK until he manged to buy himself a Israeli passport.
Such a high quality partner to be associated with..

The share price is driven by the business. May I remind you that this share was once at 250p. We are now down at less than 4p. The company will continue to need bailouts as their only source of revenue is the sale of FT reactors, and that's years away. How long can they keep bailing out?