Member Info for Fozdog

It’s a step in right direction but let’s be fair that’s all it is. A positive would be an off take agreement lined up with this as in its current format the underlying issues remains…where is funding coming from and what level?

It’s up 4%….like peeing in the wind.

Agree with ontarget and they stated in interview that had sufficient cash. So don’t see why the need for a capital raise given prices. Seems the standard response on these boards - capital raise needed despite company saying the don’t.
Not sure I agree the statement extraction is years away either, completely at odds with what they’ve said.
Personally think market reaction was wrong, but it shows that even remote misunderstood or let’s say weaker news is taken so badly in these markets. Don’t see that changing anytime soon so pick your investments and add when it feels low, for me I’m going to consider adding here at these levels just trying to see if we’ve got a week of global macro weakness to come as feels it.

I’m actually surprised that if you are a us investor buying a us Based company, drilling $ assets…surely you take advantage of this being listed in ££ and buy a truck load of it?

Ha let’s not get started on the U.K….wonder if imf will bail us out like other emerging markets?!

Bankboy you write like 17.5-22.5 is a good result? That’s terrible the last capital raise was around those numbers. I can’t see anyone being happy with the result.

Once again I’m so surprised by governments….you have China threatening Taiwan, Russia stealing and forcing votes on sovereign territories, further right govt in Sweden now joined by Italy (Mussolini ex party)….

Yet these govts aren’t securing their resources?!
Are they literally just inept and can’t see that globalisation is getting worse not better? Even power being restricted between neighbouring countries in Europe….

Have to hold on here just for that optionality alone.

Best part if we are all so long the $ here, just all our $ assets still stuck in the ground!

It’s not pretty reading, but back to being locked away and ignored.

Gray Graham -“ I can imagine Henrik and Andy walking around with their Velocys name badges on and no one had a clue who they are. “ maybe they need your fundamental report you put together and put you in the references to thank you?! (I’m just messing around in case get sensitive about it).

I don’t know about others here but I didn’t and don’t believe first mover means sole winner. There will be different processes, demand, costing, relationships alongside many more…what’s the most important aspect above all is that it’s a proven future fuel and can be financed.
Competitors securing bond financing only strengthens the case here, doesn’t weaken it.
Securing financing in the USA is significantly easier than the U.K. so really not sure what the issue is that makes it negative?

Beermeister for me it’s about the bod getting off their backsides and creating market value. They seem incapable of doing that currently and really need to buck ideas up.
If they do not get someone on board that can harness value then it’s just shareholder destruction at least in short/medium term…
Genuinely without some sort of govt involvement, tie up with someone else we feel like a sitting duck.

Unfortunately steeple this is where I think znwd has gone drastically wrong. They have taken way too long with everything and they’ve not ascertained any partnerships.
Vw is partnering with a Canadian mine, we’ve not even had any chatter regarding autos or other mining companies in the area….or even some notion of govt involvement.
The board seem to be taking this idea of slow and steady but all they’ve done is burn cash and look like a project that’s great but years down the line…so why would investors rush? They need to buck their ideas up. Even 40% capital raise via equity cannot be done at these prices.
Before they do any capital raise they need some support from govt and local companies including offtakes.
Really need to buck their ideas up.

Bluegrass it’s interesting there’s a load of Focus on esg (funds having To compete for assets) but then everyone acting like fracking is a done deal!
To get to stage of fracking amount of hoops, epa and other risk assessments to go through, it won’t even get passed the esg print let alone any air time!!

Funny isn’t it, a normal ramping higher day would have posters going on about “11p paid” and “there must be news” ….now everyone just hoping we can have a run higher after the battering has stopped!
Tbh m&g the fund I believe this sat In, performance was woeful so the rise makes sense with them out!!!

X-brat “ Do you honestly think that a participation in a conference will have a material positive impact on SP?” - don’t think anyone should at least not directly but it’s a great marketing tool and puts vls on the map. There’s of interest and business developed at these type of events.
The only thing you can categorically say here is that it’s positive even if v small but not in the slightest bit negative (like all your posts!!)

Lol yep bullish, they are down 13% ytd in the fund they have v index marked v +1%. Weak holder, prob had outflows.

It is a positive rns, but you’ve highlighted the issues. $300mn fund raising, from where? And potential outright buyer only works if we can actually sustain a price move.
The point of local jobs and Taxes is is great IF we have some sort of govt involvement. You look at “domestic” projects, most are getting some grant or some form of funding even if relatively small via govt.
We have the product we have an inept team that I agree with johns comments, would rather find a buyer than do any heavy lifting.
I cannot believe there has not been a single mention in any RNS regarding even discussions with Eu or local/national govt.

Shareholder of znwd? Have ~350k units here.
Thought I was being really smart when took capital loss and moved into my isa thinking this was going to be the one that moved the quickest…but nope kept going down and progressing worse than a donkeys pace!

Thanks Mo, Great post and wish you and wife a speedy recovery.
The green energy is where the stock can trade in its own “technical” bubble whilst I don’t have this confirmed my understanding is Cl is going to be “greener” ie net negative v Brit?
The reality is they cannot sell off much the company at ipo no point diluting everyone heavily for not much cash, hence I really think a high valuation with a small piece carved out is sensible…..

Genuinely I’m wanting £400mn valuation with 20-30% carved out…I know it’s aggressive but anything £200-250mn is too low Imo. Victoria plumbing got £850mn valuation in 21!!!

Mr C think you are just reiterating my point - he might be “smart” for his benefit but reality is if you want an underperforming company, underperforming stock and to face capital raises and bad negotiated deals? - then yep reckon his involvement is your go to!
Otherwise avoid.