Oxford Catalysts Share Discussion Threads

[jdb2005] 08/3/2013 12:56

Gac - we must be patient and wait for their negotiations to lead to new orders.
The share price will then have to reflect the anticipated extra revenue gained.

The share price has been held down by forced seller it seems !!

[jdb2005] 08/3/2013 12:56

Having bought more at 129p this is welcome sight this afternoon.

[gac141] 08/3/2013 12:09

Sorry thanks Piadda... Looks like a bit of a rebound due..

[gac141] 08/3/2013 11:39

Ha- Copy from press..

[gac141] 08/3/2013 11:31

Hmmmm Tony Hayward

Here are the Roles of a Chairman.

Chairman

The Chairman is responsible for leadership of the Board. In particular, he will:
Ensure effective operation of the Board and its committees in conformity with the highest standards of corporate governance.

Ensure effective communication with shareholders, host governments and other relevant constituencies and that the views of these groups are understood by the Board.

Set the agenda, style and tone of Board discussions to promote constructive debate and effective decision-making.

Chair the Nominations Committee and build an effective and complementary Board, initiating change and planning succession on Board and Group Executive appointments.

Ensure that all Board committees are properly established, composed and operated.

Ensure comprehensive induction programmes for new directors and updates for all directors as and when necessary.

Support the Chief Executive in the development of strategy and, more broadly, to support and advise the Chief Executive.

Maintain access to senior management as is necessary and useful, but not intrude on the Chief Executive's responsibilities.

Promote effective relationships and communications between non-executive directors and members of the Group Executive Committee.

Ensure that the performance of the Board, its main committees and individual directors is formally evaluated on an annual basis.

Establish a harmonious and open relationship with the Chief Executive.

[piadda] 07/3/2013 22:31

Hi gac141, I won't copy the full FT article but the following extract should give you the gist:

Tony Hayward, the former chief executive of BP, has been appointed chairman of CompactGTL, a fast-growing company at the forefront of efforts to turn natural gas into synthetic crude oil.

Only a repetition of old news after that.

[gac141] 07/3/2013 16:52

Sorry Guys can you copy and paste the news flow from share crazy and the FT?

[deutsch3] 07/3/2013 14:59

At 1.25 the chosen ones can still get out at a premium! - Lead weight on price!

[phsycho] 06/3/2013 21:09

Keep us updated if u can gac. Ty

[gac141] 06/3/2013 17:07

Roy on in 10 mins.... Exciting day for OCG!

I should also say Neville Hargreave is in a conference in Doha at the 10th Natural Gas Conversion Symposium.

[gac141] 06/3/2013 17:06

People talk like Calumet has gone away for good.It Hasn't!

Calumet Project Update

Oxford Catalysts Group (OCG.L), the modular Gas-to-Liquids (GTL) technology innovator, is pleased to provide an update on the Calumet Gas-to-Liquids project announced on 7 September 2012.

Ventech Engineers International LLC (Ventech), specialists in modular processing plants with whom the Group has been working on this project, has now completed the plant design and provided a fixed price quote for the modules. Calumet has confirmed that the project economics look "strong".

At the same time, Calumet's appointed third-party owner's engineer finished a thorough review of the Group's technology, as well as Ventech's GTL design and other intended technology components. As a result, Calumet has concluded that the technology "is fantastic".

Calumet now plans to progress with the more detailed engineering and market analysis for a plant of approximately 1,400 bpd. At the conclusion of this study, which is expected to last approximately six months, Calumet will be in a position to decide on proceeding with fabrication.



Roy Lipski, CEO of Oxford Catalysts Group said:

"This is an exciting development for Oxford Catalysts. The project with Calumet will be the only commercial GTL plant in North America to move in to front end engineering, other than Sasol's project in Louisiana. If it continues on its current schedule, it will be the first GTL plant to be operational in North America, and the only commercial smaller scale GTL anywhere in the world.

"We are pleased that Calumet has confirmed that both the economics and technology look attractive, and to be able to add another company to the growing list of engineering firms that have successfully completed independent reviews of our technology. We are confident of the coming growth of GTL in North America and elsewhere, and of playing a leading role in this emerging market."

[beeezzz] 06/3/2013 16:25

Calumet, maybe old news, however, the chart doesn't lie, down ever since.

[hawkwind4] 06/3/2013 16:13

Fern5 It was nice to a buy a shed load @ the listing when it was at 50p I like the big retrace. I just bought a another shed load. Cos, this is going to be humungus along with IGAS

[hiddendepths] 06/3/2013 14:11

I think that the share price pattern in the last few weeks has been led by a seller and nervy PIs seeing their profits eroding daily. But this has been compounded by traders. They have been jumping on the trend, selling into a market with few buyers and closing out their shorts later in the day. Today has been a bit different because I think there has been more widespread buying on the drop.

The key is probably tomorrow morning. If the usual selling pressure develops again, will there still be people willing to buy at or below 130p? Of course, if the selling doesn't resume, it may well be that today was the turning point.

I had hoped to get back in below 130p but if I've missed it, so be it.

[hiddendepths] 06/3/2013 13:27

I turned it for you guys! I got my broker to ring around the MMs to try to buy 30k at 128p when they were 125-130. Couldn't do it - he was offered only 10k at 129 or the lot at 131 so I shoved the order on the boards at 128. That triggered buying and the 130p offers hastily retreated.

Interesting to see if the seller has finished or is waiting for a rally to sell into.

[fern5] 06/3/2013 13:01

Calumet is old news now surely?

[beeezzz] 06/3/2013 13:00

Has the Calumet project delays spooked the market, I think you could right 'hidd'... share price may get near 125p, I'm way down now, may average down soon.

[fern5] 06/3/2013 12:59

Anybody any clues? At this rate we'll be at 50p before the end of March.

[hiddendepths] 06/3/2013 12:51

Placing price a floor?

[tymedici] 06/3/2013 12:30

That Roman certainly picks em.

[gac141] 06/3/2013 10:51

Both Sasol and Shell are reported to be planning GTL plants in the U.S. to take advantage of low-cost and plentiful supplies of shale gas while having the added benefit of easy access to a large domestic market for gas-to-liquids products. The availability of shale gas feedstock is likely to bolster demand for the new generation of small F-T reactors with capacities ranging from as low as 500 b/d to 15,000 b/d.

These are based on microchannel-structured reactor designs which accelerate the process by 10-1,000 fold and "allow use of novel, much more active catalysts", Neville Hargreaves, business development director at England-based Oxford Catalysts Group told at a Gastech GTL session. His company's reactors achieve a catalyst productivity around 14 times higher than the Shell F-T process and 7 times that of Sasol's.

Iain Baxter, business development director at CompactGTL, Abingdon, England, which with Oxford Catalysts is the leading pioneer of the global application of micro F-T reactors, explained that one of his company's 5,000 b/d units would fit into one football field while the Shell's Pearl facility in Qatar took up 450 football fields.

Oxford Catalysts with its U.S. subsidiary Velocys Inc, which like CompactGTL uses modules to build plants to ensure flexibility of scale, said that several gas producers are evaluating the company's microchannel GTL technology for making synthetic fuels from shale gas in the U.S., according to Mr. Hargreaves.

[pablo666] 06/3/2013 10:44

They better get this rolling - it might be difficult to rebuild the confidence after such a dramatic fall