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• National Grid will also need to ensure that our pipelines access is maintained during and after construction.= No delay
Sorry I should say 3 documents with Cadent next to them one of them is this one.
I suggest people go to the planning website and read this letter in detail which will show that expatbrat is being selective on what he extracts and posts. Holding objections are certainly not unusual and definitely does not mean any delay. Cadent have 3 planning applications in and this is normal stuff. As they say do your own research rather than take literally what others say.
It is very clear to me that Velocys have every chance of a multi-million pound windfall. Well done to Patrick for his work on the ADVFN BB !!! Nice to see some honesty for a change hhhmmm.
https://www.grimsbytelegraph.co.uk/news/business/green-jet-fuel-velocys-humber-2343618
ENVIA
I expect progress on ENVIA in light of Velocys recent comments in the last company update they said that the board of ENVIA are working on several options and I have confidence that the Velocys team will be driving this to get as much back from this as they can. I guess it takes time and I am holding back from getting frustrated at this time.
The most important stat about ENVIA is it has been proven commercially and our technology is not flawed and the leak at the plant was caused by the cooling system failure which is not VLS technology.
They have stated that there is plenty of exceptional data that they have received from the reactors running a commercial scale. This has been crucial with landing the UK project and the Natchez project.
We do need to know on the insurance claim and on the Plant as a whole and what its future is. ASAP.
This post will be placed on the ADVFN , ii and LSE boards to make available my research and comments to the average shareholder and not just a few. I have taken some time to glean this information and have absolute belief that this is correct and true despite the obvious backlash from a few dishonest posters who a ruined several good BB.s
These are my thoughts and findings and hope that Velocys can keep us updated and communicate with all shareholders on a regular basis in a more consistent way than in previous years.
Other activities
Regarding the UK Plant there has been some chatter already on the BB’s – Shell and BA are already very much behind this plant and Velocys.
I am convinced that Velocys and the new Management have the full support of their major shareholders. EFT do not appear to have this level of strategic support as their technology would appear to be inferior and less advanced than Velocys
I think we should get an update on the Natchez project as they must be in the process of on boarding one or more strategic investors these things take time to do right and in the best interests of the company and indeed all of us. My belief is that there is strong competition for the project from a number of companies.
My belief is this will be a game changer for Velocys.
I have been away and have now caught with events on the EFT side.
I will try, as far my research can unravel (The internet is a wonderful thing) , to add some balance being placed on the Bulletin Board by the usual suspects who are intent on undermining the company and its technology. It my belief that these people are probably being orchestrated by the competition…. Who, I have no idea……
This is my honest opinion….
1) There is zero negative financial impact on the contract with Red Rock as we will still be providing 6 reactors to Red Rock just as the company stated in the interim’s
2) EFT must have been pretty much wholesaled their reactor to RR or even given it away; I suspect EFT was removed by Fulcrum and its major partner BP and are using BP reactors which as far as I can see are still unproven commercially.. But BP is Fulcrum's major investor so they can do what they want….. So no big deal there and tough for EFT.
3) What is clear is EFT could be in trouble as their technology, in my opinion, is not as good or advanced as Velocys or commercially proven.
4) So EFT Technology has NOT been proven at commercial scale and probably may not be even used by RR as I would imagine it would involve significant replanning of the current plant to actually even put it in. Not sure on that point. If this is the case then surely RR would be very unlikely to do this, as it would be at possible significant cost to themselves. Are EFT up the creek without a paddle and could they go out of business because of this collapse in the relationship with BP time will tell….
So I believe Velocys are still on schedule without huge cause for concern and are probably even building the reactors for RR. Perhaps even as I type??? The new management will be pushing this through I have no doubt.
Hmmmm
Looks like something is up!