ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

VLS Velocys Plc

0.2725
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Velocys Plc LSE:VLS London Ordinary Share GB00B11SZ269 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.2725 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Velocys Share Discussion Threads

Showing 4176 to 4196 of 10275 messages
Chat Pages: Latest  171  170  169  168  167  166  165  164  163  162  161  160  Older
DateSubjectAuthorDiscuss
09/8/2017
15:45
Here is a fairly detailed update on what VLS competition is up to. Plus a calculator especially for you gac141 😁

hxxp://www.biofuelsdigest.com/bdigest/2017/08/08/value-boom-cellulosic-fuels-now-worth-4-98gallon-up-15-in-2-mos/

visionon
08/8/2017
11:14
And REG results news is interesting. Note the growth in biofuel production and average price (this presumably reflects an averaging of RIN rates also).

This should logically help with investment sentiment for the provision of equity for the first BTL

But more importantly we need to see some robust ENVIA production news and news of the VLS/TRI plant demo up and running and giving robust data. I think that's two reasonable shareholder wishes for Q4. And maybe something by the time of the interims, generally last week of September.

hxxp://www.biodieselmagazine.com/articles/2516104/regs-2017-financials-best-ever-if-retro-tax-credit-reinstated

visionon
08/8/2017
10:59
More detail re my earlier post about Ryze.

hxxp://www.biofuelsdigest.com/bdigest/2017/08/03/anatomy-of-a-renewable-fuels-project-the-digests-2017-multi-slide-guide-to-ryze-renewables-proposed-nevada-plants/

visionon
07/8/2017
18:26
Happy Winterval to everyone in the Southern hemisphere.
arf dysg
07/8/2017
18:24
supernumerary (513)

:)

arf dysg
07/8/2017
11:46
I think we might see a pick up on news flow when we move from August to September.

Happy holidays everyone.

gac141
07/8/2017
11:37
Meanwhile VLS share price hovers slightly above what it was at the end of 2016. A year of consolidation then...!
visionon
07/8/2017
09:12
Interesting to note comments on Biodiesel prices..

Renewable diesel worth $4 a gallon?

What’s renewable diesel worth today in California? $4.02 per gallon is our current estimate, using this data:

$1.50 per gallon — ULSD price (CBOT)
$1.85 per gallon — RFS value ($1.09 for D4 RINs at 1.7 RINs per gallon)
$0.67 per gallon — CARB value (estimated from $50 carbon price and 10 gCO2/MJ estimate based on feedstock mix, and adjusted for higher energy density of diesel)
If the $1.01 per gallon biomass-based diesel tax credit returns, then that would boost the value to $5.03, using today’s prices.

gac141
07/8/2017
08:54
This is quite an interesting related article re Ryze Renewables planning a very large biodiesel plant in Nevada. Also a link to the relevant applications and cost breakdowns. Note that they say they have a taker for all the fuel to sell into S.California market.

Maybe one to keep an eye on over the next 12mths.

hxxp://www.biofuelsdigest.com/bdigest/2017/08/03/the-renewing-of-nevada-renewable-fuels-and-the-the-rise-of-ryze-renewables/

hxxp://diversifynevada.com/images/meetings/5_C._Ryze_Renewables_Las_Vegas,_LLC_Board_Packet_1.pdf

visionon
04/8/2017
17:43
Arf - not a question of belief - trivial to open the source of the page and look at it.

I see EJ's thrown in the towel ;¬)

supernumerary
04/8/2017
17:12
Erogenous Jones (510) "the code is < font color [...] followed by the smaller than symbol"


er.. you meant "followed by the greater than symbol" i.e. this fellow: >


supernumerary, you open the mind-bending subject of the html to show the html to show the html to show the ... to show the html.

I think that &amp;amp;amp;lt; becomes &amp;amp;lt; which becomes &amp;lt; which becomes &lt; which becomes <

...probably.

You wouldn't BELIEVE what I had to type to get the above.

arf dysg
04/8/2017
14:32
EJ - you have to use & lt ; and & gt ; (without the spaces!) to show the greater than and less than signs. More on this increasingly complex subject here: But I don't know what advfn now supports - you need to try it out on a test board. Really much easier and less annoying for the reader to use layout rather than colour...
supernumerary
04/8/2017
13:46
In response.. don't know how to do different colour text but I am sure you can see my responses.

Thank you gac141 for your interesting notes....... can I pick up on a few things?

1) 1x 1400bpd plant will generate profit of at least $82 million every year! Yes, but only once production is at capacity. How long will it take to reach capacity? Sales do not happen overnight so deals will need to be made and a build up of stock to introduce into the supply chain will mean that down time for maintenance and service needs to be factored.
1) Agreed Sales do not happen overnight . However we are already closing in on one deal with the US Govt and that could be replicated a number of times. The sites are already agreed. One thing is that Velocys technology is very , very reliable and down time has been proven to be minimal. Even with down time..start up has been very quick.

2) 5-10 plants being built in as little as 5 years. Current US market +150 billion gallons per year of diesel/jet fuel and a number of sites already identified with decades of feedstock.

“2) Yes, but the build costs will lock up every penny of working capital in this time and perhaps hurdles to be overcome from communities.
2) We will not lock up our capital hence the loan agreement with the EPA and tie up with Sumitomo Mitsui bank

3)US Govt backing Velocys invited to Phase II major event for Velocys. Application to approval takes time and simply de-risks capital.
3) I anticipate trial early 4th qtr and FID early 2018. All parts of phase II are no doubt being worked on now.
4) Talking to Major Oil companies like BP and Shell.
5) Building key partners inc major backing from Sumitomo Mitsui Banking Corporation. See also point 3
5) We are already in advanced discussion with Sumitomo Mitsui about rolling out multiple plants.
6) Abramovich actively involved with GTL plant in the UK maybe with British Airways. He has been very quiet recently and away from the press.
6) Ervington might not be saying much but …..

visionon3 Aug '17 - 17:28 - 507 of 508 0 0
7. VLS will likely need more cash in H1 2018, that's no secret
7) Agreed it is but will be done at a much better conversion for shareholders.
8. The price of RINS can go down and are not like indexed UK renewables subsidies
8) Agreed but check out the highs and lows..They still all make economic sense and the recent court ruling looks like RIN’s will be heading higher.
9. Shell are preparing for sub $50 oil to be the new norm ie jet fuel could also fall.
9) Bio fuels are still very stable unlike crude.
10. If VLS get FID in H1 2018 for this plant it won't be working till 2020 at least
10) Possibly late 2019 depending on when FID.

11. The VLS share price has a habit of falling on gac141 bullish posts
11) Agreed at the moment but look at my posts early January and ask yourself the question. Fundamentally nothing has changed just two shorters in the market…

12) Notwithstanding the above I think BTL could and should be a big market.
12) Agreed

gac141
03/8/2017
16:45
When is the existing plant going to produce a saleable product?
deutsch3
03/8/2017
16:28
7. VLS will likely need more cash in H1 2018, that's no secret
8. The price of RINS can go down and are not like indexed UK renewables subsidies
9. Shell are preparing for sub $50 oil to be the new norm ie jet fuel could also fall
10. If VLS get FID in H1 2018 for this plant it won't be working till 2020 at least

11. The VLS share price has a habit of falling on gac141 bullish posts

Notwithstanding the above I think BTL could and should be a big market.

visionon
03/8/2017
14:05
Further to my extended post the bullet points are.

1) 1x 1400bpd plant will generate profit of at least $82 million every year!
2) 5-10 plants being built in as little as 5 years. Current US market +150 billion gallons per year of diesel/jet fuel and a number of sites already identified with decades of feedstock.
3)US Govt backing Velocys invited to Phase II major event for Velocys.
4) Talking to Major Oil companies like BP and Shell.
5) Building key partners inc major backing from Sumitomo Mitsui Banking Corporation.
6) Abramovich actively involved with GTL plant in the UK maybe with British Airways.

gac141
03/8/2017
13:52
Yes that sounds about right.

Not my idea of small scale ;¬)

Big capex + long time + dependent on Gov subisidies = a braver man than me, I'm afraid...

supernumerary
03/8/2017
13:40
Gac/Super - can I assume that the $100/bbl quoted by gac is over total plant life? Assuming a 10 yr life I get to just over $500m total capex for the plant which doesn't seem out of line.
oldscallop
03/8/2017
12:04
Supernumerary- Yes indeed a plant like a 1400 barrel a day plant could cost several hundred million dollars.

Plant 1 total cost is circa 2x debt to be underwritten by USDA. I.e. middle ground $400m. On researching the USDA I have found that are willing to normally support debt up to 50% of such projects. Therefore this is a good basis to make an assumption. You have to take into consideration total project costs including CAPEX and cost of finance and contingencies.

Economics of $350-450 m range is most likely and this ties back also to previous announcements made by Velocys on plant economics. However I would also add that this is a much smaller plant than Ashtabula (5,000 bpd plant) and therefore economics per barrel are slightly different and also we must factor in higher costs of gasification and gas clean-up CAPEX, which is a lot more than reforming CAPEX used for standard GTL like Ashtabula would have been. Regardless of this the economics are sound and are very good indeed for Velocys.



It gets all very complicated so I ask that you trust me on the figures and economics. I might even be a bit light on the $82m but wanted to be conservative.

gac141
03/8/2017
10:48
gac - 'to build a 1400 bpd plant costs about $100/b'. This makes a total of $140,000 which seems a bit low - you can hardly build a beach hut in Reigate for that. Is there a decimal point problem, or have I misunderstood?
supernumerary
03/8/2017
10:47
AUGUST 3, 2017 BY RAHUL JADHAV
Gas-To-Liquids Processes For Chemicals And Energy Market 2017 Expected To Reach $15.50 Billion By 2022 Growing At A CAGR Of 6.7%
Global Gas-to-Liquids Processes for Chemicals and Energy market is accounted for $9.82 billion in 2015 and is expected to reach $15.50 billion by 2022 growing at a CAGR of 6.7%. Gas to liquids (GTL) is a refinery process that converts natural gas into liquid fuels such as gasoline. Methane-rich gases are renewed into liquid synthetic fuels either via direct conversion or via syngas as an intermediary. Rapid energy consumption coupled with ecological regulations related to the clean fuel and increasing price of oil and gases are the foremost drivers for gas to liquid market, whereas the fixed reactors and large sized equipment are inhibiting the growth. The increasing consumption of natural gas, especially in emerging countries such as India, Japan and China act as the opportunity for gas to liquids market.



The most common technique used at GTL facilities is Fischer-Tropsch (F-T) synthesis. F-T synthesis has gained recent attention because of the rising extend between the cost of natural gas and the cost of petroleum products. Lubricating products and production of waxes are another primary product of the F-T process and developers have reworked on their designs, to increase the enduring profitability of GTL plants. The increasing demand for waxes that are produced by F-T process is experiencing stable growth over the past decade. F-T waxes are used in industries producing paints & coatings, candles, plastic, resins, tires, synthetic rubber and other products.

gac141
Chat Pages: Latest  171  170  169  168  167  166  165  164  163  162  161  160  Older

Your Recent History

Delayed Upgrade Clock