Velocys Share Discussion Threads

[deutsch3] 23/11/2017 16:41

It all boils down to one issue.....where is the product...?

[fluky] 23/11/2017 16:02

Scrutable: your arguments are right on, except not for Velocys. I don't think the PR company is to blame either. Velocys is currently gun-shy because so many promising announcments were made in the past that were not fulfilled. Just have a look at all the press releases of the last 15 years. Unfortunately, the company has retained only the last 2 years press releases, but one can find the older ones on the internet.

[scrutable] 22/11/2017 16:17

Anyone who has ever run an expanding business, based on conquering new markets with an innovative product and/or disruptive IP, knows how critical it is to put out regular information on the company's constructive effort and consequent progress, . It is fatal to leave a long silence about current activity. That can only result in creeping disinterest by future potential customers - like mould on a jar of food left unvisited in the fridge.

Editorial PR is essential, to get articles written in relevant publications.Showing the company's face at carefully chosen exhibitions and conferences is the route to get journalists interested. Alternate Energy and/or waste disposal are IMO the main subjects of such promotional events. An article in the Economist would do wonders by reaching out to the rest of the world press, and Governnment energy depts, local authorities, trade associations etc. An experienced PR exec would have tried to get the EU interested. They have put a lot of money behind the drive to establish the hydrogen economy and a place on a trade drive by the UK Overseas Trade authorities, would help to finance this approach.

[visionon] 22/11/2017 10:36

Interesting piece on the other board re Red Rock and bonds.

[deutsch3] 21/11/2017 20:19

All Volocys needs to do is, for once, use it's brains and tell the shareholders and the wider investment community that they have produced and sold some product from the GTL process. - It's a no brainer, and the longer they leave it the lower the price will fall - When you invest you want to see results! - and then, those results, can and will generate further investments! - Stuff the 'Jam tomorrow' what have we achieved so far?

[fluky] 21/11/2017 18:51

Fulcrum BioEnergy was mentioned a couple of times last week on this board. I took a closer look at them and here are some comments. Fulcrum is a well-funded privately held company aimed at converting municipal solid waste (MSW) into low-cost transportation fuel. They do not own their own technology, but have obtained/licensed existing and proven technology from partner companies. The Sierra Biofuels MSW Feedstock Processing Facility was designed, engineered, installed and commissioned by Vecoplan. It is in operation since 2016 as Phase I of the Sierra Biofuels Plant located at the Tahoe Reno Industrial Center. Fulcrum won final approval in August 2017 to use $150 million in bonds to build Phase II of the project at the Tahoe Reno Industrial Center.
Abengoa was awarded the $200M EPC contract on November 8, 2017. Fulcrum has licensed from ThermoChem Recovery International, Inc. (TRI), a highly efficient and economic gasification system for the conversion of the MSW feedstock to syngas. TRI, which is Velocys non-exclusive partner, announced on November 7 that they had received “the Full Notice to Proceed by client Fulcrum BioEnergy to supply Fulcrum’s “Project Sierra” with TRI’s proprietary gasification technologies and specialized biorefinery equipment.” The FT portion of the plant is expected to be licensed from Emerging Fuels Technology per earlier announcements. Fulcrum has not given any details about the hydrotreating, hydrocracking and hydroisomerization upgrading steps.
When one compares Fulcrum and Velocys, one realizes that the business models of both companies are very similar. Velocys has the advantage that they own the FT technology, but they are lagging Fulcrum by two to three years. In addition, Velocys will benefit from the commercial demonstration of TRI’s technology. Fulcrum is a well-financed private company with minimal overhead, while Velocys is a public company with a lot of unhappy shareholders, much higher overhead costs and in need of another raise.

[meijiman] 21/11/2017 12:38

People are sick of years of waffle from the company-so tend to ignore anything they say.Why should the share price be higher -is it going to shortly make a profit or move into positive cash flow.? Or is a great idea that might reward shareholders sometime in the future ..as ever

[gac141] 21/11/2017 11:49

Both Celluosic RIN's and LCFS's are rising over in the states..Good for Velocys although I am mightily disappointed in the current price of the shares!

Who would have thought we had achieved anything over the last year or two? ....

[thebigshortfella] 17/11/2017 16:39

I completely agree gac141. I don't understand why the share price is languishing at this level, especially considering that the risks are now less and the opportunity is far greater. VLS does appear to be somewhat off the radar...

[gac141] 17/11/2017 10:20

You make a fair point EJ... I do wonder what they do for us and perhaps a change is required. Digest has never had a call from Camarco according to Jim.

We are at the most exciting actual and real stage that we have ever been at!

[gac141] 16/11/2017 11:40

Vision on... I checked with Jim lane on the November timeline for quotas and this was his response.

Hi George,

Yes, November, and they have pledged to do better on dates as it is a deadline which has been more observed in the breach in recent years.

regards,
Jim

Very frustrated with PR ...what I think has been missed is PR brings in new people into the company and there is plenty of good news to come but it keeps the shares traded and avoids this constant drop in the share price from only a tiny amount being sold.

I asked about social media and got a pretty poor response from our illustrious PR company. Time for a new one as far as I am concerned.

[visionon] 16/11/2017 07:45

No problem. Added to which, we shouldn't rule out VLS winning a grant for Natchez. There is a military drop in fuels award of $55m seemingly still up for grabs and presumably if RR don't use their grant then it might also be up for other grabs.

Fulcrum have a grant and chose not to use loan guarantee also. Which suggests you can have both. And VLS already have the bank lined up, and a big one at that.

[fluky] 15/11/2017 17:36

I stand corrected. Gac is right. The Red Rock Biofuels $70M funding from the DPA Title III under the Advanced Drop-In Biofuels Production Project, as did Fulcrum and Emerald. Those are grants. In Red Rock's case they need close to $200M to build the plant.
The 1,400 bpd BTL plant that Velocys is developing with TRI is the one which might receive a loan guarantee from the USDA.
Thanks, Vision to point out my mistake.

[visionon] 15/11/2017 09:54

Fluky I think you are wrong, and GAC right. It is a grant. But it only meets part of the cost, which is why RR were seeking money via bonds for the remainder.

hxxp://www.stockmarketwire.com/article/4889395/Velocys-customer-awarded-70m-BTL-construction-grant.html

[fluky] 15/11/2017 07:54

gac141: RR does not receive a $70M grant as you stated in #854, it is loan guarantee. RR still needs to find the investment - loan - bond to build that plant.
"A loan guarantee is a contractual obligation between the government, private creditors and a borrower—such as banks and other commercial loan institutions—that the Federal government will cover the borrower’s debt obligation in the event that the borrower defaults." from DOE website.

[beeezzz] 14/11/2017 21:53

Always the perennial problem with AIM companies and boards, they try to run before they can walk. Probably greed driving them, instead of concentrating on one project which provides revenue for further expansion rather than expecting long suffering shareholders picking up the tab again.

Maybe think of a dividend first and foremost, not many AIM companies pay one...

[goodgrief] 14/11/2017 16:13

I have to agree with Deutsch, which will upset the Polyanna types. Lots of focus on prospects and hoped for rewards which somehow always remains just out of reach. And an almost total disregard for the risks.

[visionon] 14/11/2017 15:18

Thanks GAC. That won't please Deutsche though, 30 Nov is a date in the future...and 2018 even further so. We need a time machine. Perhaps it could run on woody biomass.

[deutsch3] 14/11/2017 14:59

I would feel a lot more comfortable if the chatter on here was more about existing production and ensuing revenue. The future can be exciting but we can't live on tomorrows Jam for much longer. - We need to demonstrate (with current revenue) that we have left the development years behind. - It is also time that the payroll at least came out of revenue. - Someone needs to sharpen the focus!

[gac141] 14/11/2017 14:07

Yes visionon Jim does a good job!

Yes I agree RR could be a steal with the $70m grant behind it...I wonder what's going on????

EPA- By the 30th is the date I recall.

[visionon] 14/11/2017 13:30

Also interesting to see variety of different technologies and stages of advancement. End November EPA will confirm cellulosic levels for 2018 under RFS. Important and in GAC diary I recall...

Other interesting trend is that more Americans seem to be buying E15 etc. Hopefully a sign that consumer power might start to influence things more in coming years.

[visionon] 14/11/2017 13:20

Interesting update from Mr Lane on cellulosic space. Alphabetical order. Noteworthy is slide 23...it seems that Red Rock have bought themselves out of Flagship. I wonder if VLS and partners might be eyeing up an opportunity here. The plant has consents offtakers and grants. Just needs $180m or so of additional financing...but VLS could get control if they did a deal with RR owners. It might be a quick route to plant 2, albeit gasification partner is different and doubtless other complications.

hxxp://www.biofuelsdigest.com/bdigest/2017/11/13/30-hot-cellulosic-technologies-30-quick-takes/23/