Member Info for expatbrat

Hard to say. It really depends on how they structure the project and how much of the cash flow they take from the project. As a bare minimum, they sell out of the project and take a license/royalty fee for their FT reactors. At a maximum, they own a significant share of the project and take a respective amount of cash flow and use that to finance project No2.

You do sound like me. I’ve flogged that horse for so long that I am now hoarse. Riding the wave for a while now.
Nothing else to say until PP and F4C are in. Then I’ll begin reminding everyone again that the company won’t have revenue for years and they need to find £500m at some point to build a plant that they’ve never built or even trialed before. But until then, keep doubling my £5k investment thanks.

end of the month

you have not answered my question: may I ask you to please enlighten me with info that supports a positive long term outlook?

I see. Ive been making my negative case for ages and guess what? The SP has been in a negative direction for ages. Funny that.
Allow me to flip your comment the other way. Aside from good PR, comms timing and 3rd party associations with companies equally looking to benefit from said PR, what do they have? The have a good FT reactor. Thats it.
They have no revenue to speak of, market penetration that's years away (assuming the ancillary tech from other people actually works), no development experience and no strategic investors.

With that, may I ask you to please enlighten me with info that supports a positive long term outlook?

Velocys was seed funded like all the companies you mention. That seed money went into developing catalysts. VLS have proven their catalysis to work reasonably well. Now we are proposing a project that has not been proven and relies on other peoples technology to make it work. Unlike their development process for catalysts: lab scale, pilot, demo, commercial, then have skipped all these important steps and going straight for commercial. This is a terrible approach and carries huge risk. Whats more, the UK Taxpayer is taking the risk, which is not acceptable.

Despite this, Im here for cheap wins on the back of good news.

Tesla is technically proven. they have a good product. Velocys is unproven.
Imagine Tesla trying to sell a car that has never been driven, even at 1:10th scale. Would you buy it?

This is all well and good, but the bankers wont finance a company that hasn't proven its proposed process at any scale and has no experience ( as a company) in project development.
However, this stock will rise once PP is in place, a bit more when F4C comes in, then gradually fall back to 1p again.

of course they rate the stock. They are VLS's broker after all.

Reliably informed that there will be an group announcement tmrw from the Airline and Airframe/Engine manufacturers on the support and use of Sustainable Jet Fuel.

Good point loosely. I also read just now that Velocys has not tested its integrated process on waste, only wood. This will have an impact on risk mitigation for the UK, less so for the US.
As for Fulcrum, it appears that Velocys have taken most elements that Fulcrum have developed (apart from the FT choice) and copied them across. I bet the Fulcrum management are spitting chips.
The question is, why is Fulcrum not in the UK?

......to this advanced relationship with Worley.....

https://themarketherald.com.au/worleys-asxwor-share-price-slumps-after-sudden-resignation-of-ceo-andrew-wood-2020-02-03/

I wouldn't go that far. Worley is good firm. VLS has no development experience and an unproven process - this is what the banks look at. This appointment only sounds good to those who buy magazines for the glossy front covers, rather than what they contain.

No denying this is a good appointment. Worely is a world class engineering firm, but with that, will be very expensive. What is lacking is detail on the appointment. How binding is it? What are the conditions of appointment?

I sold after making 30% in a short space of time. I'll get in again when a runway to PP becomes clearer.
Why wouldn't I ride the market hype for my own gain. Long term is something i wont be doing obviously!

Finally, someone that sees sense in all of this madness.
The project is poorly defined at this stage and they are selling an idea rather than a financialable project. Sure, getting PP can be achieved by anyone with a good plan and a skilled planning consultant, but the fact of the matter is, once PP is secured, not much else will be happening for a number of years until financing is secured, then a couple more during construction (assuming they manage to secure it). And how will VLS get though this period of hold? - they will live off income from their existing revenue stream.......hold on, they don't actually have one. OK, they will live off their blue chip investors......hold on, they dont have any of those either.

tick tock..

Thugarturd,
yes, I have. If you compared the same responses from Cadent on the Humber bank power station and VLS, you'll see the same initial letters. The closing letters show the same language too, although the Power station has no objection, whereas the VLS one is an objection.

In summary. Cadent have caused the delay, directly or indirectly. It’s doesn’t really matter which; the fact is that there has been an extension, which means delay. You can cut and shut it how you like.

As for the other ranting, I’ve never said this won’t get PP. I simply stated that it won’t be happening in November 2019 and will most likely be March. Here we are, almost Feb.

@investmaster.
So here we have a delay due to the latest issues from Cadent. But no delays in your opinion......

Once again, I’m 100% correct on the estimated PP granting timeline from my prediction last year.

....of liquids made from natural gas. Just for a moment, use your brain to consider what VLS is trying to do. They are trying to build a £500m or so plant, using a process (of which their tech is just one part of) that they have not proven at any scale before.
Once you understand the basics of this proposal and how it relates to the VLS technology, you’ll understand. Or maybe you just isn’t have the ability to understand. Which is ok by the way. We can’t always be right and on the money.