Member Info for Michael1961

Wish all fellow posters on here a very Happy Christmas.
Let's look forward to a great New Year and hope VLS can go from strength to strength.

Good analysis as ever MM.
Does beg the question what might happen if the Company came up with some long awaited good news or a progress update!

https://www.biofuelsdigest.com/bdigest/2020/12/20/saf-takes-off-to-the-next-level-uniteds-bold-saf-commitment-boeing-etihad-airways-world-energys-50-50-blend-gevos-saf-in-seattle/

Agreed....although XPB does have a point....1 million is petty cash in Shell's world.
Whether Shell are in or out, makes no difference in my opinion. There will be barrelfuls of money available as we move forward. You think 500m is a lot of money? Think again. Second rate footballers cost 100m these days.....

No change in sentiment at all; there's a general disquiet due to the Brexit nonsense which will have little effect on VLS whichever way it goes. Unfortunately the herd mentality means we will suffer too if we end up with a no deal scenario. Companies reporting positive RNSs, there are a number, are rising, most others falling. I've been banging on about a lack of info from the Company since the capital raise in the summer and this is required if the recent rises are to be solidified. The longer they leave it, the more it's likely that they have nothing positive to report or they just don't give a toss about sustaining their share price and the confidence of holders.

Good to see the bid finally raised; holding it down at the 7.20 level didn't see too many holders jumping off. Bearing in mind there are a lot of buyers in at 5p following the cap raise, I would imagine the rise up will be a little more bumpy. However, if everyone remains calm and show patience, this should reach @ 9p which will capitalise the Company at about 100m. All IMHO of course and would be significantly underpinned by a Company update. Here's hoping!

I was wondering why they weren't lifting the bid until i saw those 2 big sells going through after close of play! Let's hope he's out the way now!

Yes, this is exactly right, through his investment company. You'd think, given the importance of some of their major shareholders that they'd do a better job keeping both them and us smaller shareholders better informed. Ive been banging on about this for weeks....but the newsflow has been virtually zero since the fund raise back in the summer.

Myrtle...I'm encouraged with the buying levels today. Too many times we've seen a rise followed by a lack of interest resulting in a redress; feels more sustainable this time. Short term indicators turned very positive. Good luck all and as always DYOR.

Promising analysis Myrtle.
This posted on twitter this am. There's also a Sky interview with Alok Sharna apparently.
https://www.aerosociety.com/news/green-fuel-for-the-uk

I'm not aware of Renovate Kev; will look them up. I picked up on Gevo which is why I asked XPB if he was aware....it seems to me they are in a very similar position to Velocys, the main difference being they are cash rich.
As for nlondon quoting Dale Winton....lol ??. Take a back seat Warren Buffett.......we use DW for our inspirational investor quotes! RiP Dale, not my cup of tea but anyone who can make a successful programme about filling up shopping trolleys deserves a mention.

Myrtle....dont get too frustrated with XPB. He is the Kier Starmer of this chatroom; an opposition in the face of an overwhelming majority. He is entitled to a point of view and does sometimes have very salient points and argues with knowledgeable authority. I don't agree with his agenda but it's a free country and opposition creates a focus and good debate.
To that end I would like to ask XPB what are his thoughts on Gevo? At a similar stage to Velocys in the US and seem to be solely focussed on corn as their feedstock from what I can see.

Should be a law against it IMO.
Good news is that the 20 day ma just crossed the 50 day; historically this is a good sign. Myrtle has a far better understanding of this than I do but from my research the short to medium term is looking good.

Thanks Sense. The opening and closing price levels have always been a mystery to me. This morning no exception!

Myrtle....All looks good going forward but have to say a little disappointed in the small drop today. You would have thought with general market sentiment definitely on the positive side plus the large buys at the close, we would have finished in positive territory?

Sense.....I think I speak for most on this board when I say that I appreciate the efforts you put in to argue the Company point of view against the doubters and those with diametrically opposite agendas.
The majority of posters want the Company to succeed and in many cases have invested hard earned cash, as I have done, believing the business model, its potential and the very salient point that if they do, it will be beneficial to the planet and the air we all share. I will not directly criticise XPB and the like as its a free country and everyone is entitled to their opinion. However, as you've taken up the gauntlet, I and many others besides, appreciate the hard work you put in.

So to the dual listing idea....Im not qualified to post on the subject but the small amount of research I've done would suggest that the rules for inclusion in the US are quite stringent and the parameters would not be met by the Company as it stands. Whether there's an equivalent to AIM, I'm not sure. I'm sure somebody else will though.
As for the recent appointment....as far as I can see this is a new position and not a replacement of another. Bearing in mind the Compamy is reliant capital raised from Sharehllders to exist at the moment.....they would find it immensely difficult to justify such an appointment if they ultimately nothing good to report. Being the eternal optimist, I can only see this move as very positive. Thoughts?

Whilst I quite enjoy you two trading facts, rumours and opinions all day long, I would like you both to think about the dual listing idea. The more I think about it, the more sense it makes sense particularly with Biden in situ.
I happen to think that financing is more readily available in the US and the Company would probably prefer a NYSE listing as AIM is a joke, seemingly dictated by 12 year old Market Makers who I don't trust to sit the right way on a toilet seat.

Myrtle....looking back at that press release what caught my eye is that she has experience in dual listing. Could it be that given that the Company 's operations are more centred in the US than in the UK, it could make sense...particularly for attracting finance. They have the Mississippi plant in development and the FT reactors are manufactured in the States plus the on going relationship with Red Rock.
There's a curveball for you all to think about!

Well at least it shows the Office is actually open! I was beginning to wonder. Im a great believer in the Company, its aims and technology but someone should explain to them what the P stands for in PLC and their responsibilities to keep the owners of the Company ie shareholders abreast of developments. Especially as they needed the fund raise in the summer to pay their wages. The link above quotes the CFO saying the Company is " progressing and developing significantly"
So show us Mr Morris.

https://www.velocys.com/2020/11/13/new-research-demonstrates-viability-of-saf