Member Info for spot7

https://www.velocys.com/2021/06/21/velocys-technology-powers-first-commercial-flight/

Nice.

https://www.bbc.co.uk/news/technology-57361193
Central to Boom's plan is for Overture to run entirely on sustainable aviation fuel (Saf).
That can take the form of "posh biodiesel" made out of everything from waste animal fat from the farming industry to specially grown high-energy crops, explains Dr Guy Gratton, associate professor of aviation and the environment at Cranfield University. But one big problem is that "the world is very far from having anything like the production capacity needed" to produce enough biofuel to power the entire aviation industry, he says.
Yep he's not wrong there !!

As far as I'm aware it goes to a committee to be looked over then has a vote and if passed goes to the Senate for approval/changes and if changes voted by both the House and the Senate. Not sure about a presidential order though as surely President B could do that. Trumpy boy seemed to do a few but surely must need backing aswell? But all helps in the move to SAF.

I think you can replay the meeting on the InvestorMeet website if you have time. Have to be later on for me but sp has recovered a bit so must of had some positives.

Velocys doing presentation of full year results via InvestorMeetCompany if anyone cares. Link below but you probably have to sign up under your own login and register to attend. Doesn't cost anything. It's on 25th May 10.00am. If I'm around I'll get on it.
https://www.investormeetcompany.com/investor/company/velocys-plc
GLA

There is a note in the final results "Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) prior to its release as part of this announcement". This would of meant a black out period for any of the Velocys bods being able to buy shares prior to this announcement (1 month?) hence I guess the timing. But yes agree 200k shares is not a lot at all and would be good policy if they continued going forward.

What? Do my eyes deceive me ? ! At last - must of been my tweeting that did it chaps ha ha ! GLA.

Hey Malachi - they did mention Humberside !
We look forward to completing the post-planning consent and final phase of technical pre-development work of our Altalto Immingham Project in Q2 2021. In addition, we are taking advantage of the learnings we have gained working closely with our engineering partner, Worley, and accelerating the technical development of our Bayou Fuels Mississippi Biorefinery Project. This will make both projects highly standardised and modular, ready for the final FEED work and future projects.

Woop woop ! (can you feel my sarcasm)? I didn't like the bit about possible share fundraising - placement of ordinary shares in the next 12 months but this is AIM and like a lot of other AIM co's they are cash burners until such time they start selling their goods. In the bottom drawer for now but may buy more depending on stealing the kids pocket money. It was a Final Results RNS so bound to have been a summary but would of been nice to of had a share friendly piece of news.

I think right now it's the fear or worry of inflation mainly in the US and given the recent larger than expected rise in CPI, markets are a bit jittery on rising rates. Whilst not an immediate move is expected in rates it's a pre-emptive move by the markets on quite stretched valuations. All in all the main indices around the globe are still up by a very decent margin but it's never a straight line. Short term stocks don't like inflation but longer term it's fine. Debt will climb naturally if rates do rise which is a worry but we are still at very low levels and given expected growth revenues should increase. Most central banks will suffer some inflation before a hike as they will not want to jeopardise their economic recoveries. It's a fine balance but talking main indicies it's a healthy pull back in my opinion.

Ha ha yes mcmather - drinking is on the agenda tomorrow so best I get reading your links before that ! Some form of tax credit / incentive is definitely going to be needed over here aswell to enable take up of SAF. The price will eventually come down but that initial starting gun incentive is crucial from a financial perspective. I hope that's what is being worked on with the likes of IAG/Velocys and messers Shapps and Sunak.

Last thing on agenda today is (drum roll)
16:15 -18:00 CESTWorkshop and Panel Discussion: Expert Opinions on the ReFuel EU Aviaton Initiative.
Aviation has suffered badly from the collapse of air travel due to the COVID-19 pandemic and the negative effects will take years to be overcome. At the same time the EU recovery should not loose sight of meeting the EU’s climate change targets, which further complicates the strategies for recovery. Sustainable Aviation Fuel (SAF) is a cornerstone of the EU’s energy transition for the sector. Although it is more expensive than fossil kerosene, with the right legislative and financial environment, it offers a real opportunity to initiate a green recovery of the European aviation industry.

Fisher-Tropsch on the agenda today I see. Yes was bored so went through the schedule !! Page 24 from mcmather's link.

3BV.4.6PROCESSING OF BIOMASS DERIVED BIO-OILS FOR LARGE-SCALE FISCHER-TROPSCH SYNTHESIS OF TRANSPORTATION BIOFUELSNikolaos CHARISIOU, Laboratory of Alternative Fuels and Environmental Catalysis, University of Western Macedonia, Chemical Engineering Dpt., GREECECo-authors: S. Douvartzides, M.A. Goula, University of Western Macedonia, Kozani, Greece; W. Wang, Beijing University of Chemical Technology,P.R. China; V.G. Papadakis, University of Patras, Agrinio, Gre

https://www.bbc.co.uk/news/uk-politics-56807520
Here's hoping

Sorry first post didn't appear so did it again. Zzzzzzz. Back to sleep.

https://www.flightglobal.com/strategy/united-launches-sustainable-fuel-investment-scheme/143245.article
Plenty of room for many players. Pull your finger out Velocys - or at least an update to make us sustain our holdings.

https://www.flightglobal.com/strategy/united-launches-sustainable-fuel-investment-scheme/143245.article
Plenty of room for Velocys. Just gotta believe/hope VLS will be involved in the future of SAF. Pull your fingers out !!!

25 March 2019 no ? Thanks for the other links though mcmather. SP seems to be holding in well given lack of exciting news . I'll continue to hold (and potentially buy more) unless definitive bad news arrives and assess then. I just can't help but think they are on the jet zero council, BA still with them and a recent appointing of a general counsel - surely why bother if they don't think they have a good chance of succeeding ? In what role I guess is the question. SAF is going to be huge with room for several players - VLS just need to bring forth some nice news for investors. The last round of funding was taken up nicely so those investors must have been sold some future enlightment. GLA

Only you can really answer that. We've been lower and we've been higher. I'm holding for now - in at 6.5p - and believe good things to come as we continue as a world to become greener. I guess basically I hope Velocys gets in on the act. But yes patience is getting a bit thin and would dearly love the company to release updates/plans/responses etc.

Worth a try at least. Directors not buying shares bugs me the most. AIM is phenomally scewed against the little investor but it does give opportunities. Confidence in your own company that pays you a decent salary surely deserves a bit of your own cash. GLA and sign up - the more the better.

sensetalka . Excellent - so I just registered to see what's what. Hopefully it's not just an introduction to companies but more up to date announcements.