Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
SmokingDragon, you've said that already... but as you pointed out on 15th June, you missed your chance to buy into VLS.
Today, on the EQT BB, you've managed to contradict yourself also, by saying you "regret buying this", followed by "this is one for the future" an hour and a half later.
You've obviously bought into both VLS and EQT later than you wanted, but don't be bitter and try to de-ramp because of your poor timing for purchasing these shares :)
Neils87, I've mentioned some of these points before, but this is why I think the government has supported this project, and will continue to do so:
- Their FT technology is already proven, albeit at a smaller scale.
- It's a positive point in the argument for decreasing the North-South divide by the Government. The economic impact would be significant for the local area. Lincolnshire (particularly North/North East Lincs) has been without significant investment and without a prospering industry for several years, although it is now turning more and more into a hub for green energy. The Altalto project has been vocally supported by the NE Lincs council, which became Conservative for the first time in 74 years. The Conservatives will want to keep this NE Lincs seat.
- Velocys have two of the biggest companies in their respective fields backing this project, in Shell and British Airways (IAG).
- Velocys is one of only two companies that was eligible to receive the Stage Two F4C grant - and it was Velocys that was publicly backed by the Government in the broadcast to the nation. In my opinion, going forward the government may look to fly the flag for UK Green Aviation technology through Velocys. I also think Green Energy as a whole has a lot of potential with this government.
- Most importantly, this has legs. The potential for national growth, as well as international growth is there. I wouldn't be at all surprised if Velocys were to look at opening more plants once the Altalto plant is up and running.
Long term, I think there's only one way this share price is heading.
Of course, these are just my personal thoughts so please DYOR :)
I'm with you investmentpro, they need to very quickly broaden their portfolio with more green energy, just as BP are looking to do. A stake in the Altalto project is one thing, but to me it makes sense for them to try for a slice of the company with the potential global growth that this can provide Velocys once the Altalto plant is up and running.
I don't foresee a better price to top up at - I've topped up again after skimming some yesterday. Can see this going to the high teens very soon!
Not forgetting as well, this spike & momentum is without any real PR from Shell or British Airways!
The Altalto project is a Joint Development Agreement between Velocys, British Airways and Shell, SatellitePro: "British Airways and Shell have each now been granted an option to take a one-third share in the equity capital of Altalto Limited (a subsidiary of the Company)".
You don't get much bigger project partners than that!
There's been very little activity to entice people in recently, there's no denying that. But it could be that ITX don't want any media hype as they're not in a rush to jump the share price up right now. Their previous results and the potential for the emerging products makes it one for the future in my eyes. This one definitely requires some patience! I'll be staying invested for the long haul here.
Good luck Warrenbuffetftse, but I fear you may have called a taxi home before the party even got going!
I'm with you closettrader. For those that haven't had their finger on the pulse, they've now been directed to it! This is definitely a positive on top of the RNS itself. To publicly back the company during the briefing to the country shows their commitment to this project, and I imagine Velocys could well be their flagship for green aviation tech. Monday should be interesting!
Thanks for the link jimmynan.
I've not been on the stock too long, but very happy with the promise that this company is showing!
Who does everyone see to be the main competitors for AFC in terms of alternative EV charging points? From what I've found, GeoPura (with Siemens) seem to be one of the main ones here, although they don't seem to be making as much of a buzz as AFC right now.
New to the forums, but been invested since Jan this year. It's been an entertaining read with some of the comments!
I'm with Sean83. It's clear the North/South divide has already influenced some of the HS2 decision making. The local council for the first time in 74+ years became conservative in the last election, and they have not only approved planning permission, but have been actively supportive of this project. For the government to not add jobs and an economic boost to an area of the country that has been without investment or a thriving industry for decades would be shooting themselves in the foot politically.
Not to mention, the obvious data for cleaner air/reduced pollution that will come from the lockdown will increase the support for green energy even more than before. I don't see this project not getting government backing in terms of some financial support.
To me the current price doesn't make much sense, but not complaining as it means it's a great price to buy more!