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Whether flown or shipped I’m looking forward to the video or images that follow
Last time we got a nice video showing us Lynn with a spatula indicating just how waxy and immobile the sample was. It was surface mined though (that was where the three weeks delay came from I guess)
Looking forward to muchos good news in coming weeks 👏👍
Thanks very encouraging
https://1lo.co/xAmuT
There should be a nice incentive for all associates to get this up and running quick as.
The whole reason that we are so important (instrumental) to success in Vernal/Utah is the proximity to refining capacity. It’s basically non existent. The nearest refineries are in Salt Lake City hundreds of miles away. The only route for heavy waxy oil is in heated Train tankers and there’s no train line yet.
We (our technology) cuts out the need for upstream refining of the output product. We turn the heavy waxy oil tar into heavy sweet low carbon oil like a no6 heating oil. Or a marine lsfo.
HSO aren’t physically selling this stuff until our MMU is commissioned and we’re pumping the black gold. Not unless they’re planning on selling it for road tar. 🤩
Steve Byles has stated that he will be ‘Marketing the product’ the output from the QED process, the commercially ready heavy sweet low sulphur/low carbon intensity oil. By the turn of the half year.
That’s great news. He’s a go-getter! He’s going to be marketing the output product looking for customers even whilst we are making ready and delivering/commissioning the MMU kit to the production site at the well head.
I’m sure that Valkor/HSO will be producing and storing raw oil before we are commissioned in readiness for selling the stuff!
Positivity breeds success. Giddy up HSO and Valkor 👍
I always thought that Utah could be first.
The upstream utilisation of our technology can be quickly implemented and effectively integrated into a low production output model.
Even at 20-40 barrels of output per well per day and only 3-4 wells producing, it’s still commercialisation and a welcome further milestone hit.
Steve Byles has often spoken enthusiastically about us and how the project might rapidly become successful.
I’m with Crownos that further funding will likely be contingent upon successful testing of the initial product from well 1.
But by June. . . Not long at all for us to wait.
Come on Valkor as us Brits might say 👏
I’m looking forward to this being the first in a string of good news RNS’s in the short term here there’s lots now to look out for. 😊
Https://biofuels-news.com/news/rfa-aims-to-intervene-in-legal-challenge-to-eu-maritime-fuel-regulation/
American ethanol producers joining eu producers in fight against crop-based ethanol legislation
Bring on BioMSARZero with BTG and Vertoro wood and waste crude sugars eh?!
Fyoz
Excerpt from the OpennOffer RNS;
Shares available under the Open Offer. In accordance with the terms and conditions of the Open Offer all applications made pursuant to the Open Offer (other than Excess Shares applied for under the Excess Application Facility) have been met in full and a scaling back exercise has been undertaken in respect of applications for Excess Shares, with Excess Applications scaled back pro-rata to 44.766907% of the number of shares applied for.
So if you applied for £1000 worth of excess shares, won’t you be getting £440.77 worth with rest returned?!