Member Info for SunZoo

calling in the big guns, and they don't come much bigger than Bob 'World Class' Rosenthal

the continued radio silence from the board is at best mystifying. "The Company also confirms that it is working on funding options". For me the lack of detail at this stage of the game is very poor. personally i'm still struggling to see how the company can get a farm in partner until there is a successful appraisal of Darwin - i've no idea how much an appraisal well is going to cost but lowball guess would be about GBP 20m?

not interested in this numpty and his shotgun approach after i got carted out by his 'tip' on Amerisur Resources

well, Jay can't really say "bet your house on it" can he?

without news this outfit becomes a cash shell on 31-Jan-22?

ANS crude spot price into the 90's today. nice

in my view this price movement is very tame for a small capper on AIM. it feels like positions are being adjusted (perhaps some profit slicing) ahead of the news, which is perfectly understandable. that said i would like to see the share price hold at 70p!

guidance on expected flow rates to be announced in the webinar on 24th Jan .... looking forward to that Jay-boy

oh, got too excited. coupon andprincipal repayments can be in cash or shares (company 's choice)

$20m at 65p *shouldn't* negatively impact the share price too much to my mind. the convertible bond is interesting however. 4% annual coupon and principal repayment of 5% each quarter. will need some way of covering about $10m + coupon per year - Alkaid revenue anyone???

Down 22%??? this has always been a mad share for some reason

Well, yes. i just hope the institutional investors are in for the long haul and don't start dumping stock as soon as they hit a reasonable profit. is there any minimum holding period in the terms?

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

It's at times like this when i find myself wondering why i even bother looking at other stocks ...

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?

is a farm out of just Alkaid a possibility - could a reasonable deal here raise sufficient capital? i seem to recall Jay saying they were considering a farm out of specific projects as well as the whole pie

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.