Velocys Share Discussion Threads

[meijiman] 04/5/2018 11:08

Not sure about that. I'm sure the 10p brigade were given a nod and so may have held off until the good news arrived.

[cpap man] 04/5/2018 10:56

Most placees will have long gone by now PUGUGLY

No soon the GAP up to 40p will be closed at VLS

[brucie5] 04/5/2018 10:52

Maybe. No matter. This is now patient money for me.

[pugugly] 04/5/2018 10:44

Could be placees at 10P locking in 50% profits - If so still large overhang (imo)

[brucie5] 04/5/2018 10:39

Doubled up. Resistance at 15 is looking tougher than I thought, but I see this as an opportunity to buy the good news.

[kirk 6] 04/5/2018 10:28

This will be well over 30p in the coming few weeks and moths

[bobosh13] 04/5/2018 10:10

Added more, this should easily be up at 25p soon

[brucie5] 04/5/2018 10:09

PUG, that would be excellent!

[pugugly] 04/5/2018 10:03

Canaccord mentain price target of 40p -

[gac141] 04/5/2018 09:49

This is a very interesting comment by Spurious and some decent research... I repeat this as it may be very valuable to investors......

spurious3 May '18 - 20:13

Intellectual Property
EFT has designed all of our technology packages, systems and sub-systems with a thorough review of prior art and the existing IP of others. We are acutely aware of the need for designs that our licensees can execute with confidence that they will have “freedom to operate.”
In addition to EFT’s portfolio of patents, know-how and proprietary technology, the company also has an agreement with a major FT innovator giving EFT rights to a patent portfolio of several hundred patents covering a broad range of FT related process technologies and end products. The agreement provides EFT the right to practice and sub-license of GTL and XTL technologies. This portfolio includes patents on the production of fuels, solvents, drilling fluids, and base oils from FT syncrude.


Found this on the Emerging Fuels Technology website.
EFT and TRI and Waste Management are partners with Fulcrum who are due to open large new bio refinery in 2020 using FT technology
EFT licence the FT technology (see above) and are working hand in glove with TRI one of our partners (see Fulcrum partners web page)

There appear to be many overlapping interests and it all seems a bit incestuous
Are we really all competing or collaborating ???

EFT states above that it has an agreement with a major FT innovator giving the right to sub-licence it's GTL technology

Does this mean as I strongly suspect we are that major FT innovator.

Could it be that we will be supplying the FT systems for Fulcrum's new bio refinery via EFT with plans to roll out another 8 refineries.

This would be worth tens of millions of dollars to us it goes without saying.

What I find really interesting though is if this is true and we are sharing partners and technology then surely it can only be a matter of time before 2 becomes 1

Perhaps guys I have had too many meth flambees but I have always managed to hold my drink!

I will leave you to dig further as the links are all there to see

Short and long term very exciting times ahead

Let us hope I am right and EFT have selected our FT systems for Fulcrum

[gac141] 04/5/2018 09:47

This is indeed a pivotal moment for Velocys. It's first real order of some magnitude and a game changer for the company. This will not be the only news we get in the near term.

Congratulations to David and his team for persevering with this deal with RR. This is indeed major!

It will be interesting to see when and if we get the £20 million grant from F4C...... This will be a foot step towards the BA deal......

[brucie5] 04/5/2018 09:31

I also trade quite commonly for that kind of margin, but the bowl here goes up to about 25. Personally, I would see it complete at 30p, by which time the share has moved back into full bull mode, so it would seem odd to sell. But good luck to them.

Can you point me to the post by Spurious, please?

[gac141] 04/5/2018 09:26

Unfortunately there are a few days traders as indeed there always will be who see 20% gain as a success. However there is more news to come from Velocys in the near term that will continue the momentum.
Side issue but none the less important is the interesting post by Spurious.....

[brucie5] 04/5/2018 09:24

This is great news this morning and I sit much more comfortably with my holding. I would early love to have EJ's views on this, as he covered this in some depth. What seems to clear to me is that given the demand for what VLS does, in terms of 'cleaner' aviation fuel and diesel (though can these things ever be truly clean?) it is now over the threshold, in a market that is now limitless, at a time which truly favours anything on the 'green' agenda. The fact that it has taken this time to get here, and over such treacherous terrain, just goes to show how difficult any new technology (or in this case, new application of a technology) can be to get off the ground. Hereafter I expect the snowball effect, of hockey stick growth that EJ, not to mention Ervington, no doubt considered likely. It may take a few months to get going, but once stories like this start succeeding, everyone wants to have a part.

[seadiver] 04/5/2018 09:12

Rather than boom bust!?

[seadiver] 04/5/2018 09:10

Not so fast! I'd rather hit goes up at steady pace.

[jace86] 04/5/2018 08:12

Flying in now.

[113mike] 04/5/2018 08:06

I can see + 18% so far

[ironswi] 04/5/2018 08:05

But no trading and movement in market

[kirk 6] 04/5/2018 07:59

This is absolutely fantastic news payment made aswell $6m!!!

[cpap man] 04/5/2018 07:55

David Pummell, CEO of Velocys, said:

"This is a very important milestone for Velocys, our second commercial license sold; our first licence being ENVIA. Our technology positions us at the forefront of this huge market opportunity. RRB's success is a significant milestone for the sector, one that further demonstrates the market's appetite for renewable transportation fuels. The successful funding of this project is a validation of the commercial viability and bankability of Velocys' technology. The licensing of our technology to RRB is complementary to our strategy to develop our own biorefineries, the first of which will be located in Natchez, Mississippi."

[goodgrief] 04/5/2018 07:33

At last .... tangible progress!

[cpap man] 04/5/2018 07:24

News release

Velocys plc

("Velocys" or "the Company")

4 May 2018



Velocys sells its second commercial license to Red Rock Biofuels

Velocys receives first $6 million as part of "notice to proceed" action



Velocys plc (VLS.L), the renewable fuels company, has received a "notice to proceed" action to commence manufacturing of the Fischer-Tropsch reactors and catalyst for the Red Rock Biofuels LLC ("RRB") biorefinery that will be located in Lakeview, Oregon, USA. RRB has commenced construction of the biorefinery, which will incorporate Velocys' technology, and produce low-carbon, renewable diesel and jet fuel. Velocys' role will be as a licensor for its technology to the project.



RRB is a subsidiary of IR1 Group LLC, which has 325 million gallons of installed biofuels capacity. The biorefinery in Lakeview will convert forestry residue into 15 million gallons per year of renewable transportation fuels including diesel and jet fuel. Enough jet fuel will be produced by the plant to fuel 1,800 round trips per year from Portland, Oregon to San Francisco. RRB has in place contracts from several airlines to purchase 100 percent of the jet fuel produced each year.



RRB's Lakeview project is expected to deliver around $15 million revenues to Velocys during the construction and early operation stages of the plant, and an additional $30 million or more over the life of the biorefinery. Over $6 million has already been invoiced and received from RRB.



With broad international agreement in the aviation industry for carbon-free growth beyond 2020, airlines are actively seeking low-carbon jet fuel to reduce their greenhouse gas emissions. The civil aviation industry alone will require around 1.5 billion gallons per year of new renewable jet fuel production capacity to meet this commitment.



Velocys' technology, be it via licensed third party projects like RRB's biorefinery, or through Velocys' own projects such as the Natchez, Mississippi project, will supply the aviation and road haulage industries with a scalable, sustainable supply of fuel.



By using forest and sawmill residues, RRB's biorefinery will not only avoid competition for agricultural resources, but also reduce the risk of catastrophic wildfires by removing waste biomass from overgrown forests. It will also help to regenerate the local forestry industry.



David Pummell, CEO of Velocys, said:

"This is a very important milestone for Velocys, our second commercial license sold; our first licence being ENVIA. Our technology positions us at the forefront of this huge market opportunity. RRB's success is a significant milestone for the sector, one that further demonstrates the market's appetite for renewable transportation fuels. The successful funding of this project is a validation of the commercial viability and bankability of Velocys' technology. The licensing of our technology to RRB is complementary to our strategy to develop our own biorefineries, the first of which will be located in Natchez, Mississippi."

[kirk 6] 04/5/2018 07:22

Booooooooom get the fudge in there