The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
as far as i can tell Velocys refer to their SAF as 'carbon negative' due to carbon capture technologies. if other SAF production methods are not as effective at this aspect (and i don't know if that is indeed the case) then this could be the reason why Velocys SAF is the difference at the moment
i understand the business model. but Sustainable Aviation Fuel is being produced using other company's technologies - Marathon did a successful test flight in October using their Virent Bioform Synthesized Aromatic Kerosene (SAK) for example. in light of this i see it as a huge positive that Southwest Airlines chose to partner up with Velocys
just having a look at Southwest Airlines, and in Apr-21 they announced a memorandum of understanding with 'two leading energy companies' in Marathon Petroleum and Phillips 66 - and these a big companies - for the development and production of SAF. The announcement doesn't really provide much further detail. However, this implies to me that Velocys has something over these potential competitors (technology advantage?). Time will tell
not sure if the 2.5m trade at 10:31 was a sell. historical quotes have Mid about 14.80 at this time - although i would have probably expected a larger discount for a sell of this size. so not easy to definitively confirm. how's that for an ambiguous post?
BOR only has exploratory data - there hasn't been an appraisal program since Darwin was discovered in 2012 - unless i missed that. in the most recent announcement the company provided no real update on funding (other than the urgent need for it). given how close we are to the January deadline, you would think if farmout discussions were underway then they would have to be somewhat advanced by now?? yet there's no reference to farmout discussions in the update . has to be a red flag for me
from FI website - Holders of exploration licences are required to supply copies of all data to the Governor (or more usually to the British Geological Survey). All data will be held in confidence by the Falkland Islands Government for a period of five years (or longer as determined by negotiation) but may then be released to the public.
why would the Falkland Island government keep granting licence extensions to BOR if the company doesn't have the means for developing the assets? if another firm with the financial resources has a genuine interest in the play then why wouldn't they get the gig?
testing the Talitha zones *should* be relatively straightforward and not that expensive. depending on how much funding we get, either Theta West gets drilled this winter season or Alkaid is developed later next year .... or both! from the recent update i thought Jay's preference was Alkaid but i could be wrong