Member Info for spot7

And this is all still on really light volume correct? Clearly not enough of us buyers interested to stump up more or fresh cash. Director purchases would be of some comfort. Hello Henrik are you there?

As far as I can see the drop today is all on very light volume but I do not have access to the level 2 stuff. Would some of the matched funding meet the criteria of the UK Infrastructure Bank? Or would that be a doubling up of govt money even though it has its own remit. SP is quite distressing and like MarketrapeandpillageViking I would like to spend a bit more here but am quite exposed as is. MV I hope you don't mind your name change , I just watched Norsemen and couldn't resist. GLA hoping for the gloom to lift soon. Still do not see why they cannot say who the bank is.

Ha well hope so. SP decline is grim atm. GLA

So whats the point of an RNS then?

https://www.lse.co.uk/rns/VLS/appointment-of-financial-adviser-tvtb8fzoqmxuvdp.html
I cannot see where they say who the new new super leading investment bank is . Anyone? FFS! Or is it me who is losing it?

Ok so cool has to come from private sector. Thanks expat.

Does a share placement count as "matched funding? " Not that I or any of us would want that dilution. GLA

https://thorenergyplc.com/investor-updates/investor-presentation-pdac-2023/
GLA

Hi GG. Yeah more in hope than expecting a reply really but just had to do it. Blow some steam. Of course we could be in a blackout period ! Yeah well we shall see. AIM is the wild west so I know the risks but we are edging nearer to the day when matched funding needs to be announced. Maybe more investors should email and maybe, just maybe they will shed some light. GLA.

Not a tech guru or anything but sp looks to be at a 3 year low point or thereabouts which inspired me to email company asking for any news/update regarding matched funding, investment bank etc. Not that I expect theme to give any exact details outside of an RNS but politely asked if they could give a progress report to help investors and potential investors. Here's hoping. GLA.

Just for info as not much going on here. Am a holder awaiting that magic news.GLA
https://arstechnica.com/tech-policy/2023/02/the-us-plan-to-become-the-worlds-cleantech-superpower/?utm_source=pocket-newtab-global-en-GB

Something else to read whilst we wait
https://theoregongroup.com/the-uranium-bull-market-and-the-coming-of-the-second-atomic-age-the-oregon-group-special-report/?utm_source=Twitter&utm_campaign=TwitterGeneralNoSubscribe&utm_id=Uranium&twclid=25dni791blnfxdyscertevt2vj

Any thoughts people? Hold n hope , ditch n move on or top up as a firm believer? It would be nice to see some director buys right now unless of course in a blackout period pending news. I'm holding n hoping but not topping up as have enough in this one. With my rose tinted goggles on you would like to think the matched funding entities are dotting the i's and crossing the t's pending announcements but as time goes by and the sp diminishes you can easily feel a bit nervous. GLA

Just so you can see who the other recipents are from the fund.

https://www.gov.uk/government/news/lift-off-for-projects-fuelling-jet-liners-with-bin-liners

SECTION B: FUND OBJECTIVES AND ELIGIBILITY CRITERIA
This section provides an outline of the Advanced Fuels Fund, its objectives and eligibility
criteria.
Overview
The purpose of the fund is to support the development of the emerging UK advanced fuel
sector as it scales up to commercial production. To achieve this, the Advanced Fuels Fund
will provide funding to FOAK commercial and demonstration-scale projects in the UK at all
development stages up to construction starting, including “Feasibility”, “Pre-Front End
Engineering Design (Pre-FEED)”, “Front End Engineering Design (FEED)” and the “Detailed
Design” and “Procurement of Main Equipment” stages within “Engineering, Procurement &
Construction (EPC)” (definitions provided in Appendix C). In total, up to £165 million in grant
funding will be provided to winning projects for work during the Funding Period.
The first application window for the Advanced Fuels Fund will run over summer 2022, and a
second application window is expected to open in summer 2023 (See Section C: Overview
and Timetable).
Objectives
The key objectives of the Advanced Fuels Fund are to:
• Support the UK advanced fuels sector with the commercial deployment of innovative
fuel production technologies that are capable of significantly reducing near-term UK
aviation emissions.
• Broaden and strengthen the UK project pipeline, getting as many UK projects as
possible to an "investment ready" state.
• Support the advancement of a diverse range of technology routes to SAF and other
advanced fuels.
The objectives for projects receiving financial support are:
• Technology demonstration: material progress towards commercial scale production
of an eligible fuel, with high process reliability and performance.
5
Version 1.1 – 02 August 2022
• Fuel production: develop a project with the capability to produce commercially
significant volumes of eligible fuel, including for the purposes of attaining certification.
• Commercial potential: develop a strategy for commercialising the technology and the
products from the project, evidencing the potential for value to the UK.
• Emissions reduction: demonstrate the potential for the produced fuel to achieve low
lifecycle GHG emissions.
• Project execution: bring together a team with the necessary expertise and experience
to deliver the project according to its objectives
• Investor confidence: catalyse private investment or attract new investors into the
project and reduce investment risks.

Makes me think the Dept. for Transport believe in the project being viable and certainly wouldn't just be throwing money into a void.

I'd imagine quite a few trapped longs looking to get out

"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".

I'd like to know who these investors are, do we know already?

https://www.velocys.com/2022/12/12/award-of-27m-grant-for-altalto-immingham-sustainable-aviation-fuel-project/
https://www.velocys.com/2022/12/12/award-of-2-5m-grant-for-new-e-fuels-project/

Please let's get this built !!!

https://wcsecure.weblink.com.au/pdf/THR/02609323.pdf