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DBHC,many thanks for the link and info :-) it looks like the end of may to early june where we will possibly get a double whammy of big news.As you say either one should cause a major re-rate. Not got a good connection here in the med,but keeping an eye from time to time when I can :-) When you get a moment try googling Roy Lipski suspension ( it may explain who and why someone has been trying hard to hammer this into the ground in the last 6 months ) .The guy has not had a serious job since !
DBHC,interesting post fella :-) Am on my hols at moment so not posting much,nice and hot here in southern med :-)
DBHC,not a bad day to start things off :-) we have a fair way to go to reflect fair value in my opinion,and there are lots of news items potentially landing shortly.Like you say a rare opportunity knocks !
DBHC,i am still amazed we not had a holdings Rns for a while,there has clearly been some stake building so I can only assume there are some holdings hiding in nominee accounts somewhere (maybe offshore).
DBHC,post recommended :-)
This will fly this afternoon IMO red rock news brewing ??
Going into auction guys !
This will fly this afternoon IMO and if that Red Rock Rns lands watch this move quick to 20p+
Fundraiser,and also consider we are currently trading around cash levels,i estimate VLS has around �26m in the bank and are owed around �11m by Envia.So this Red Rock order should push this over 20p IMVHO
Interesting point :-) how often do you see a fully funded and debt free company on AIM at the heart of an exciting new industry with huge profit potential.This in my opinion has all the ingredients to be one of the star shares for this year and next with some super upsides on offer. And thus far is widely unknown by the wider market,think that will change when this huge Red Rock order is confirmed shortly :-)
DBHC,good morning sir :-) yes a very good point you make,i also wonder if Red Rock may also be partnering with us on the Natchez plant because it would suit them very favourably to do so and all those long term military contracts are a juicy prize IMVHO
CF73,i would wager that Velocys was the first phone call Red Rock made when they got their final approvals on Monday,this deal has been agreed some time ago and as the RNS stated yesterday they are waiting for confirmation to proceed.Not a case of IF but WHEN and judging by Red Rocks timelines this will happen quickly IMVHO
Fundraiser,Red Rock got their final go ahead on Monday so I reckon the engineering side of things (involving velocys ) will be one of the first things to be sealed down so I reckon within a few days this will be signed off. As I said this deal is worth at least $45m but maybe abit more now because since the initial agreement VLS have proven and improved the tech and obtained the highest RIN accreditations possible.So is worth at least our current market cap just on this deal alone.
Remember Red Rock got their $245m bond and grant funding based on using Velocys FT tech,so this deal has been agreed for a few years now they just waiting for confirmation to PROCEED :-)
IMO when they announce the Red Rock deal officially this will move to 20p+ very quickly - the deal is worth at least $45m to Velocys which is more than current market cap.And we have several other juicy news items pending :-)
This Red Rock contract is worth at least $45m to Velocys ( more than current market cap ) and we have a heck of a lot of other juicy stuff about to be announced. VLS has cash and loan owed by Envia which is worth more than the current market cap - the Red Rock contract which could be announced anytime is worth more than current cap.Envia itself is about to go cash positive for the first time with maximum RIN credits in the bag.Velocys has already signed deals with British Airways and The Suez Group for the uk plant and could be about to get government grants worth more than current market cap.And they have a new plant in the United States advancing with already huge subsidies in the bag.
DBHC,for the first time since the placing in January we have actually got market makers bidding on the shares on level 2 today.That in itself shows something of note is happening or at least they expect a big announcement.We can summise it is Red Rock after todays RNS but we also have multiple news due on nearly every front and as I said earlier nearly all of them on their own could be worth more than the current market cap. My guess is we will get some very exciting news very shortly :-)
There must be a news leak on something,if we get a post close RNS today on Red Rock this could open near 20p tomorrow IMVHO
VLS has cash and loan owed by Envia which is worth more than the current market cap - the Red Rock contract which could be announced anytime is worth more than current cap.Envia itself is about to go cash positive for the first time with maximum RIN credits in the bag.Velocys has already signed deals with British Airways and The Suez Group for the uk plant and could be about to get government grants worth more than current market cap.And they have a new plant in the United States advancing with already huge subsidies in the bag. To say this undervalued is somewhat of an understatement IMVHO PS - and VLS must be a very prime T/O target at the moment
Looks like we could have some news brewing guys ! multiple newsflow expected this quarter on various fronts and I suggest all are value enhancing.