Member Info for spot7

"private funding DUE to be in place by April 2023". Expected really but not has to be but I agree the longer this drags on the sp will suffer more and they should supply an update.

Maybe thow in UK Infrastucture Bank aswell. Fits their investment criteria. I think Foresight group is a good shout as mentioned by 2phevs plus some BA investment.

Let's hope we find some Mullins, be good news for this battered sp. The company mentioned in the report - Sprott - are they the guys that have bought up literally tonnes of uranium in various formats? GLA

Ha ha yeah. Fulcrum not round the table either OMG !! Quick short them. I don't usually partake in this type of banter but was feeling a bit banal. GLA whichever side of the fence you are on. More important things to life.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1150337/jet-zero-council-seventh-meeting-7-February-2023.pdf

Looks like we can follow the chat today if you have the free time
This year's event is completely face-to-face, however you will be able to follow the conversation through our social media channels. Make sure you're following the Sustainable Skies World Summit pages on LinkedIn, Twitter & Instagram and use the hashtags #SSWS23 and #SustainableSkies to share your thoughts.

Ha ha love a name drop. Was it James Leigh-Pemberton son of scrawly signature? Looks like my man is talking tomorrow at 11.00 in the session "Funding Transition". GLA all let's hope we get the info we need in the next few days. Sp is up a tad wooo hoooo !

Ha I do indeed am of that age ! I was just going through the list of speakers. I can see one Global Bank speaker from MUFG which is Japan's largest bank named Michael Rurik Halaby Bizarrely I used to work with him back in the day. Maybe this is the bank? Toyo Engineering using VLS tech tie in link maybe thingy?

It's at Farnborough because the Sustainable Skies World Summit 2023 is there for two days.
https://events.farnboroughinternational.org/aerospace/sustainable-skies-world-summit-2023/#pane-A
Click on agenda shows who is speaking when etc. Ministerial address at 14.15 if ythat's the one we are looking for.

jzchat - I couldn't agree more. In the meantime the sp is diminishing. Doesn't give current or new investors a good feeling.

Best wishes and hope it works out for you draft.

We need that matched funding in place and I still do not see why Velocys have not announced who the global investment bank they have appointed is. Why bother saying you have appointed one but not say? Maybe,just maybe, as Velocys expect matched funding to be in place by April it will be announced in tandem. The sp needs a boost.

https://www.lse.co.uk/rns/VLS/uk-government-saf-policy-update-r7pqj8amz1t0snh.html
GLA.

https://www.ricardo.com/en/news-and-insights/campaigns/aff
https://www.gov.uk/government/news/transport-decarbonisation-package-to-help-boost-net-zero-ambitions
£55m is available to support more UK SAF plant projects through to construction. The funding is open to all projects that meet the eligibility criteria that is set out in the competition guidance. This includes projects that have not previously applied, projects that were previously unsuccessful in the first window and winning projects from the first window for new activity.
Applications must be submitted before 7 June at 16:00 BST
For more details please visit the Advanced Fuels Fund webpage.

We will be holding a launch webinar on Wednesday 19 April that will cover:
The main assessment criteria and minimum requirements.
Key dates and deadlines.
The application form and appendices.

Please let us know if you would like to register for this event.
Kind regards,
AFF Project Team

https://deal.ig.com/wtp/#/tearoff/news/20230329-nL8N35Z5C4

They mean business ! Well let's hope so. Awaiting news re the top secrest leading investment bank and need to see that matched funding to help the depressed sp. GLA.

The grant funding will be distributed over the grant period from December 2022 to March 2025 and is conditional upon receipt of private sector matched funding. Altalto Immingham has obtained Letters of Intent from a number of existing and new potential partners for the private-sector matched funding requirement with the first tranche of private funding due to be in place by April 2023.
Velocys' cash contribution into the Altalto Immingham project over the two years from April 2023 is not expected to exceed £8 million, and this sum may be reduced by bringing in additional investors into the project.

Or is it Velocys expect private funding to be in place by April 2023. Im on mobile and trouble getting the RNS to view properly. Will look when home.

I think it is April 2023 . I'm sure it's in the RNS from the award and runs through to 2025 with second tranches awarded subject to matched funding in place. Nail biting time. GLA.

Can only help e-fuel headlines. Porsche have built a plant in conjunction with others in Chile to develop/make e-fuel. As I understand all their models except the 911 will become electric.