Member Info for TheRiflemans

For once I'm really looking forward to a Monday morning on the markets. You can't go wrong with a combination of these 3 holdings right now. Novacyt (NCYT) for PCR tests, Synargain (SNG) Therapeutics to prevent lengthy hospitalisation and death. Lastly (HEIQ) For Facemasks, antimicrobial disinfectants and surface treatments etc)

All leaders in their own respective fields.

Not the best timing for African travel curbs to be reimposed. If as some suspect they do need to raise money then hopefully they do it sooner.

https://www.bbc.co.uk/news/uk-59424269

Just picked up the RNS on my phone. The accelerated bookbuild will now have closed and it will have been oversubscribed, heavily you would suspect given the recent 12p to 8p. Outcome known prior to the RNS. The open offer should similarly be oversubscribed because everybody is only getting offered a very entitlement at 2 shares for every 85 held and it not being offered to non-shareholders.

Well detailed reasoning also given and the one that instantly stood out
• capital investment in the current manufacturing capability to enable output of at least 12 reactors per year;
Must have had enquiries since Biden specifically mentioned them and with the calibre of their SAF offtake partners.

Everything considered I'll be taking up my open offer rights and there should be an RNS in the morning from Velocys informing us of a successful bookbuild and potential for several other holdings RNS's. Will Roman Abramovich be advancing the bulk of the proceeds.

Might actually go up given its sensible and with recent movements from 12p ahead of this.

It's being supported again with sells just being absorbed and it then moves back up.

Optimistic that is where we are headed.

Don't be surprised if it does get back there.

That's the one word best describing today.

That made me laugh MakePumps12,

Gap closed, seller gone yesterday, or both. Onwards and upwards to recent previous levels.

Why pay 9p when you pay 10p, 11p, 12p over the next few days and weeks.

We're on the rebound.

Don't rule out a return to 12p in the not too distant.

I think the bottom was reached yesterday and any seller has departed.

Having agreed to sell virtually all the SAF that they VLS can manufacture from the Mississippi plant on 10 and 15 year deals just lets you see the appetite and demand that is out there in a fast changing world.

At these levels and back up to about 12p.

Thinking it was Walker Crisps.

What an uncanny resemblance.

I share your thoughts. It was around 7p prior to the offtake announcements so it is starting to look like real value again.

It was around 7p prior to the offtake announcements so it is starting to look like real value again.

Most shares that become available are being mopped up and shifted on between 10p and 10.2p where the bigger transactions are taking place there. Looks like an astute purchaser.

Both Mississipi and the Altalto plant at Immingham and Velocys as a whole are now wrapped in Christmas paper for a suitor. Big oil needs to decarbonise and fulfil their greener strategies.

FYB and wait. Imo it will rise in an equivalent manner to how ITM Power has done.

I bought some also today to go with my Novacyt shares as a counter play to some of my others.

Heiq are extremely good at manufacturing and supplying face masks and anti-viral products and treatments globally and with several countries reimposing lockdowns and restrictions and talks of a 5th wave they should benefit.

https://www.walesonline.co.uk/news/health/austria-becomes-first-country-reimpose-22210601
https://www.france24.com/en/europe/20211113-netherlands-first-to-impose-partial-lockdown-as-eu-cases-surge
https://metro.co.uk/2021/11/18/covid-germany-imposes-tighter-restrictions-on-unvaccinated-15627825/

Probably his Ervington Investments buy order being filled.

Once the funding stops the plug is pulled. Get out while you can.

That statement may be a bit overdramatic AimingHigh2021.

If funding is required can they not just continue to place shares down to the nominal value. Or if noone will participate then surely there is the option of spiral of death finance.

If you are correct Bolton12 and financing is required, the previous participants in the last placing are down over 40% on their investments and probably won't support any fresh fundraising. What then?

It is to all intents and purposes a profit warning. It is telling the market that what was previously double digit double digit growth, barring a miracle, could be a triple digit shortfall this year. WSG had so much going for it moving towards September, Tema, Liberia and DRC ratification. Thereafter total silence and I am glad I took profit as the silence continued.

For the companys model to work, in turning up and providing all the cash outlay to fund survey work, perimeter fencing, boots on the ground and enhanced security systems etc through placings you need to be delivering meaningful revenues and profits from those existing ones afterwards. That lets the share price recover and increase from any last placing as you everyone can see the investment case. If that doesn't happen then it is hard to see the value in signing any further next contracts as without revenue and profit they could become further dilutive.

I hope that the bulk of the last placing monies are still intact. If not then the signing of any new contract with the Central African Republic at this time would not be a good move for existing shareholders. It is hard therefore to see any positive in what has just been communicated.

Didn't HS2 also deliver bad news yesterday for the guarding side of the business. Those invested may be able to say more.