Velocys Share Discussion Threads

[cpap man] 19/6/2018 07:56

What ever happened to the leak? Any news on that front?

[imjustdandy] 19/6/2018 07:38

It's all coming together nicely

[kirk 6] 19/6/2018 07:26

Everything coming together very nicely "PQ has the proven capability to produce Velocys' catalyst following our rigorous commercial production methodology. Our relationship with PQ gives us a great combination of a trusted and high-quality manufacturer who can deliver for us all over the world. After their successful production and deployment of our catalyst at the ENVIA biorefinery, we're now ready to move to the next phase of catalyst manufacturing, with greater commercial quantities produced for future projects."

[brucie5] 19/6/2018 07:24

Gearing up ?

[kirk 6] 19/6/2018 07:09

Velocys PLC Velocys and PQ partner for catalyst manufacturingSource: RNS Non-RegulatoryTIDMVLSVelocys PLC19 June 2018News releaseVelocys plc("Velocys" or "the Company")19 June 2018Velocys and PQ partner for catalyst manufacturingPQ Corporation to supply commercial quantities of Velocys' proprietary catalyst for multiple biorefineriesVelocys plc (VLS.L), the renewable fuels company, is pleased to announce that it has partnered with PQ Corporation (PQ) for the supply of commercial quantities of Velocys' proprietary catalyst to be used in multiple biorefineries incorporating its technology. PQ is a leading global provider of specialty catalysts, services, materials and chemicals for the refinery, emissions control and petrochemical industries.Catalyst produced by PQ has already been used to successfully produce renewable transportation fuel and other products at ENVIA, the world's first commercial smaller scale gas-to-liquids plant, which incorporates Velocys technology. In addition, PQ will manufacture the catalyst to be used by Velocys' licensees as well as by the biorefinery projects that the company is developing with its industry partners, including its US biorefinery that will convert waste woody biomass into 20 million gallons per year of low-carbon transportation fuels and its plant in the UK that will convert waste into sustainable jet fuel.Paul Schubert, COO of Velocys, said:"PQ has the proven capability to produce Velocys' catalyst following our rigorous commercial production methodology. Our relationship with PQ gives us a great combination of a trusted and high-quality manufacturer who can deliver for us all over the world. After their successful production and deployment of our catalyst at the ENVIA biorefinery, we're now ready to move to the next phase of catalyst manufacturing, with greater commercial quantities produced for future projects."David J. Taylor, PQ's Executive Vice President and President - Environmental Catalysts and Services, said:"Our highest priority is to safely manufacture, market and distribute products in a responsible manner that protects the environment. We do this, in part, by collaborating with our customers to create new products and technologies that further our mission. Our partnership with Velocys is a perfect example of this."- Ends -For further information, please contact: Velocys David Pummell, CEO [phone] Camarco (UK financial communications & PR) Billy Clegg Georgia Edmonds Tom Huddart [phone] Scoville Public Relations (US public relations) [phone] John Williams #1 PQ Corporation Kathleen Stanley [phone] Web | TwitterAbout VelocysVelocys is dedicated to becoming a material producer of renewable fuels from sustainable resources. We have developed proprietary technology that can cost effectively produce low-carbon, drop-in jet and diesel fuels from a variety of waste materials, including woody biomass and municipal solid waste, at a scale that matches feedstock collection logistics. Velocys technology is in use at ENVIA, the world's first commercial smaller scale gas-to-liquids plant. We are using our operational experience and capabilities to drive the development of additional biorefineries in the US and UK, with our strategic partners, from concept to full operations. Velocys plc is admitted to trading on the AIM market of the London Stock Exchange (LSE: VLS). The Company operates from its commercial centre in Houston, Texas, and its facilities in Oxford, UK and Columbus, Ohio.www.velocys.comAbout PQPQ Corporation is a wholly owned subsidiary of PQ Group Holdings, Inc. (NYSE: PQG), an integrated, global provider of specialty catalysts, materials, chemicals and services. PQ's environmental catalysts and services business is a leading global innovator and producer of catalysts for the refinery, emissions control, and petrochemical industries and is also a leading provider of catalyst recycling services to the North American refining industry. PQ's performance materials and chemicals business is a silicates and specialty materials producer with leading supply positions in North America, Europe, South America, and Asia, serving diverse and growing end uses such as personal and industrial cleaning products, fuel-efficient tyres, surface coatings, and food and beverage products.www.pqcorp.comThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.ENDNRAFLMATMBMBMRP(END) Dow Jones NewswiresJune 19, 2018 02:01 ET (06:01 GMT)

[brucie5] 18/6/2018 16:42

Owenski, you are perhaps overlooking the value of the technology here. Ervington's interest should be clue, as indeed the chart action over time, before it dug itself, repeatedly, into a hole. Once there's clarity over the leak, this should move.

[goodgrief] 18/6/2018 16:41

Well Gac, thank you for your contribution. The broadcast tells us the final investment decision is at least 2 years away. In the meantime Velocys puts in about £1.5M work and doesn't get paid for it. With cash at year end of £2.1M...

[seadiver] 18/6/2018 16:33

I am happy with steady rise of 1 to 2% every other day. Slowly but surely!

[seadiver] 18/6/2018 16:30

Support has been shifted from 12 to 13! Putting pressure on 14 to be broken by the end of this week approximately.

[owenski] 18/6/2018 16:13

Looks like folks were mugged out at the open on this.

[owenski] 18/6/2018 15:58

I fail to see this as a business, it owns an idea which it rents out for peanuts, the rest is project management which they secure funding for to develop the ideas.

The other partners will end up controlling this at some point and investors are unlikely to see returns.

Todays announcement is essentially to bankroll a feasibility study which sounds like it's at such an early stage it will take years to develop into a functioning asset.

They don't really make money, they consume it and will do so for years, they're only on the AIM market so they can keep tapping into ongoing funding.

Bargepole stock imo.

[deutsch3] 18/6/2018 15:43

The trouble is they (Bod) never talk about income or revenue? - This now makes investors madly cautious. - They have previous in taking your legs away with placings. By now we should be funding new business with income .... but who knows? - What do they spend all this money on without some kind of payback as a result. - So which one of these many new partners will take them out when they smell the gravy? - Then it will be sod the long term investors! - Do we trust this Board when faced with a short term bonanza ?

[fluky] 18/6/2018 15:37

Gac141: it looks like you saved your energy for this post…but don't call someone “an ill informed, malicious and discrediting individual” without backing this up.

Unfortunately, I am not able to attend the AGM but am more than willing to provide you with questions you might ask the BOD.

Regarding the Shell involvement: Jammy just posted an interesting view on Shell’s participation: “…The new venture’s raw material will be sorted solid municipal waste, which is even more complex to handle than biomass waste. That is why Suez looked to be a better partner than Shell. In addition, Shell has their own well-proven Fischer-Tropsch technology, which is competing with the Velocys one.
Here is an interesting twist: Shell will get access to Velocys technology and cost structure, which they have studied and researched intensively over the years. This might be part of further due diligence before an acquisition…”


That is an interesting analysis which could be the preferred outcome for Velocys.

[gac141] 18/6/2018 14:56

This is worth a listen to...hxxp://webcasting.brrmedia.co.uk/broadcast/5b2766cba43cda7743170e4f

[goodgrief] 18/6/2018 14:52

I've found this thread lately to be rather ramptastic. Gac, explain to me how the company funds progress without further dilution?

[trinko] 18/6/2018 14:48

Wat is je gemiddelde prijs Bruce?

[spurious] 18/6/2018 14:38

Fluky
Simple
The answer to your question is the partnership has been broadened and strengthened

On gac141's previous post
I find it strange when every post is negative or critical even when the news is glaringly positive. It would suggest to me and others that these comments are purely agenda driven

I have been critical of the BOD particularly around communication so am not used to wearing rose tinted glasses and the recent fund raise was a PR disaster
However credit where it is due.

Having a strategic partner like Shell can only be a massive positive going forward and could address much of the medium term funding issues facing Velocys.

At the very least it can only act as a catalyst to other potential strategic partners knowing Shell trusts the company, its technology and its strategy.

If there were any doubts over our technology then Shell would not waste time committing long term and should silence any Envia doubters.

So Fluky accept gac141's challenge and attend the agm Find out a little more of what is actually going on. Question the BOD, and people might take your comments a little more seriously and these comments might appear a little more even handed

Until then people will view your comments as those of a grudge driven small minded individual desperate to rubbish even the most positive of news.
What I don't understand is why waste all that negative energy

[brucie5] 18/6/2018 14:33

ja, inderdaad.

[trinko] 18/6/2018 14:32

Brucie hopelijk volgende week vrijdag(zit je zelf ook in VLS?)

[brucie5] 18/6/2018 14:24

je hebt gelijk, Trinko.

We need to hear how the leak has been addressed before today's news can really lift the share price. Good news, nevertheless, and adds to potential upside, once the existing doubt is cleared away.

[trinko] 18/6/2018 13:45

True Gac141,

but the cloud from the leek(what does it cost is it no mayor problem?) is more important now then the news for investors now. If everything is solved in a good manner the share price will clim. So not there could be a cash problem.

Maybe Shell engineering is helping them to solve the problem on the side


We will see

Suc6

[gac141] 18/6/2018 13:24

I rarely post these days as the BB has become badly diluted with mis-information from a plethora of ill informed or malicious and discrediting individuals.

Speaking of which- I would enjoy meeting you fluky at the AGM as you clearly have many questions to ask at the AGM.

I suggest anyone who is a genuine shareholder who may have been involved with Velocys and even indeed like myself Oxford Catalysts before, take this once in a year opportunity to stand in front of the key people and ask them searching but fair questions.

Will we see you there fluky ???

On the news this morning the market seems to have missed the massive news of the potential strategic alliance with Shell. This is very big news indeed and I feel that there must be a lot more going on behind the scenes on this.

Well done to Neville and David for this key partner.

For me the shares are now undervalued.......

[fluky] 18/6/2018 12:28

It is good news indeed, but what happened to the partnership with Suez, Norma and BA which was announced last September. BA is still in and Shell joined. Suez has the waste management experience which Shell does not have.
A good question for the AGM...

[spurious] 18/6/2018 10:46

The real significance of this announcement is that we now have a truly global partner with real financial muscle to support the Velocys global bio refinery roll out as well as today's news on UK project.
I think the importance of this partnership cannot be overstated and I am sure we will hear further news and collaboration in coming weeks
Great news