|Good to see Oil on the rise again.. Iran is not making any friends at the moment. Particularly with the US. $60/b may not be far off.|
|You must be related. I wonder why people spend the time commenting on a company they obviously have no investment in .......... Let's see if you and flunky still exist by Christmas.|
|GAC, Fluky is one of the only posters here who knows what he is taking about, should probably listen. I get it tho, you're all in and not selling till the fat lady sings so why pay attention to facts like the company is running out of cash this year and has no orders. Please, if you disagree, please state the facts that lead you to do so|
|This isn't directly related, but would be a fantastic proof of concept that would hopefully offer another consumer of green jet fuels in the future.
|Thanks Visionon...I don't see his posts as I got mild depression from them. Yes it did seem odd that despite the high prediction price mentioned he/she had been consistently negative; this still persists then. Perhaps I'll have a look to cheer myself up... ;)
Asia looks very exciting but I don't just think that is where all the excitement is going to come from.....
Visitors/Partners/Investors will be viewing EO very soon.|
|gac141. many thanks for highlighting malcy's blog. I enjoyed the read - some interesting snippets.
I would hate to be like fluky, glass constantly half empty and trying to belittle any positive talk by our resident bull, and despite having elected for 125p (subject to a series of tedious caveats) in the xmas share price competition...perhaps fluky is still bitter about losing the 2016 comp.
Asia. now that could be a very big market indeed. And the Chinese tend to get on with things with their 5yr plans.|
|The size of the plants in China, made in partnership will be the most cost effective in the market and of course here, as in the USA, bank financing and loan guarantees are available at the right times. I am reliably informed that much progress is being made in some key areas in China particularly where stranded gas is also a problem.
Whatever the views, which will be forthcoming, I think this is significant news.
|Gac141, you sound more and more like the so-called US president...
"the opportunities are plenty" - sure but where are they..
"up to 30 plants where VLS could put in kit" - keep dreaming...
"With regard to Asia much progress has been made in the last year and in the longer term I expect this area to be extremely valuable to the company" - based on which facts?
"reliably informed that much progress is being made" - again where are the facts to substantiate this remark..
"VLS is growing up" - it should be mature and making "huge" profits after 15 years...
"balance sheet actually looks moderately healthy" - is this based on the fact they will run out of cash around mid-year?
"the next year is looking increasingly exciting and progress is looking as good as it has for a long time" - I am sure 2020 is looking even more exciting...
Sorry, I could not resist...|
|Good write-up on Velocys by Malcolm Graham-Wood... He can see huge potential this year..
"the opportunities are plenty"
"up to 30 plants where VLS could put in kit"
"With regard to Asia much progress has been made in the last year and in the longer term I expect this area to be extremely valuable to the company"
"reliably informed that much progress is being made"
"VLS is growing up"
"balance sheet actually looks moderately healthy"
"the next year is looking increasingly exciting and progress is looking as good as it has for a long time"|
I recently met with David Pummell, CEO of Velocys, a company I have always found most interesting, if not usually rather too far away from visible progress. On meeting David again he greeted me with a glass jar and significant smile, a jar of wax made by VLS only 15 years after conception. With a plant now capable of making the product the key is how to leverage it and bring it to the market. The ENVIA plant in Oklahoma is the first smaller scale commercial GTL plant in the world and the opportunities are plenty, most important, these things are done in partnership which VLS have been building lately.
The company has a number of avenues to follow which shows important diversity and risk aversity, industries, technologies and geographies help to give balance and avoid any single market. These include focusing on the renewable jet fuel market in the US, stranded gas onshore in Canada and a number of ‘significant8217; opportunities in Asia. The former has a substantial addressable market in the US for jet and diesel, up to 30 plants where VLS could put in kit and of course without doing the heavy lifting, design, build and hand over the keys is the mantra. Partnerships have been and will continue to be important, indeed take the potential with fuel traders with their need for credits, VLS have made a significant hire in this area already. Refiners and feedstock owners also come into this category as do airlines who will see increasing regulation on fuel blendings.
With regard to Asia much progress has been made in the last year and in the longer term I expect this area to be extremely valuable to the company. The size of the plants in China, made in partnership will be the most cost effective in the market and of course here, as in the USA, bank financing and loan guarantees are available at the right times. I am reliably informed that much progress is being made in some key areas in China particularly where stranded gas is also a problem.
As time moves on there is little doubt that VLS is growing up, last years raise and a much lower cash burn helps and the balance sheet actually looks moderately healthy, by its standards. Shareholders appear to be highly supportive, the next year is looking increasingly exciting and progress is looking as good as it has for a long time.|
|No, I'm a great believer in chart patterns, and can easily see the mirroring effect of the 2015 descent, with up/down oscillations between 70 & 90. The question is, which side will it break, and what is likely to be the catalyst. As stated, I think the elephant in the room is funding.|
There is good chance that we might see 60p again, Brucie5, but I am doubtful on the 50p price.
There are many variations on the cup and handle pattern which include a downward handle and a sideways one. At the moment, the handle is a sideways one until it betrays itself to be a downward one and that is the one that is the most common IMO
Yes, I know that these can all be dismissed as garbage, but as far as I can tell, the share price chart for VLS is a cracking example of such a pattern|
18 Feb '17 - 11:03 - 92 of 93 0 0
When and indeed IF a fund raise is required I can assure you it will be no way near 50p!
Gac, could you please expand? What is your view of the company's strategy, and timescale, including in respect of funding going forward. I'm sure others here would also find it useful.
|Time we had some decent news on the REd Rock project, isn't it? The company tell me that RR is still trying to raise finance for the project; perhaps Trump might make it easier.|
|When and indeed IF a fund raise is required I can assure you it will be no way near 50p!|
|Thanks Fluky. Fwiw I've halved my stake here, which I'm happy to do since it's doubled. I tend to agree that a co. like this without much cash but with a strong story to sell in the shape of ENVIA and its strategic alliances would be mad not to use an exuberant share price to raise much needed capital. 50p rights issue, and I might even participate!|
|SIX weeks ago this was 36p. Traders or investors?|
|Hmm....Not good...looks like we are going to get some news, obviously some are already privy. When I see an share price drop like this makes me wonder if we're going to get a cash call, do they have enough for accounts to be signed off for another year....|
|Are they large volume sells since this morning? Hoping it's a shake down in anticipation of new partnerships/orders on Monday. Fingers crossed :-/|
|Gloomy I did. And your 125p was on the basis of VLS still being in business at xmas. If they are not (or taken private) you can remind us again of your 3343.|
|Please read the rest of my post #3343.|
|xmas share price competition entries as at 9.1.17
other runners and riders:
|Brucie5: the time to profits is years away. Velocys has an empty order book and they need to sell plants equivalent of about 5000 bpd per year to break even. See my post #2968.|
|I am expecting the share price to bounce along in a tight range from 70p - 90p for the next couple of weeks with some sharp movements - hang on, didn't I write this drivel recently?|
|I'd be expecting another assault on the 90/100 level, and then if that fails, it may be that the share price falls back to trend. While the underlying tech seems to have been proven, I wonder what the time to profits is likely to be.|