Velocys Share Discussion Threads

[deutsch3] 19/12/2018 10:51

Could we be coming home?

[gac141] 19/12/2018 10:28

This is good news for Velocys. We must look towards getting planning moving as soon as possible.

[kirk 6] 19/12/2018 07:05

Velocys PLC Site secured for UK waste-to-jet-fuel projectSource: UK Regulatory (RNS & others)TIDMVLSRNS Number : 9049KVelocys PLC19 December 2018News releaseVelocys plc("Velocys" or "the Company")19th December 2018Site secured for UK waste-to-jet-fuel projectVelocys plc (VLS.L), the renewable fuels company, is pleased to announce that it has secured a site for the UK waste-to-jet-fuel project which it is developing in collaboration with British Airways and Shell.The site of approximately 80 acres, near Immingham, North East Lincolnshire, is in an Enterprise Zone and earmarked for industrial development within the Local Plan. Development is subject to planning consent; the formal planning application process is expected to begin in 2019.Altalto Immingham Ltd, a subsidiary of Velocys, has entered into an option agreement which gives it the right, but not the obligation, to acquire Rula Developments (Immingham) Limited, the company which owns the site, for up to three years. The project team is developing the engineering and business case for the project, and the project is also subject to funding and a final investment decision, which would include a decision to proceed with the acquisition of the Immingham site. In the event that the Company in consultation with its partners decides not to proceed with the purchase, the liabilities incurred as a result of the agreement are not material to Velocys.- Ends -For further information, please contact: Velocys Henrik Wareborn, CEO [phone] Numis Securities (Nomad and joint broker) Alex Ham Stuart Skinner Jamie Lillywhite Tom Ballard [phone] Canaccord Genuity (Joint broker) Henry Fitzgerald-O'Connor Ben Griffiths [phone] Camarco (UK financial communications & PR) Billy Clegg Georgia Edmonds Tom Huddart [phone] Scoville Public Relations (US public relations) [phone] John Williams #1 Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) prior to its release as part of this announcement.Web | TwitterThis 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.ENDMSCDDBDDCSBBGII(END) Dow Jones NewswiresDecember 19, 2018 02:00 ET (07:00 GMT)

[fluky] 17/12/2018 15:47

Interesting to note that the RNS does not mention that Philip Holland is currently CEO of Lloyds Energy LTD. Why? Incompetence of the PR company? Didn't the Board see his resume?

[owenski] 17/12/2018 08:48

Oh look a child, good to see you clogging up the thread here, nothing positive worth posting about this bargepole anyway.

[owenski] 17/12/2018 07:28

In the header of this very thread is a link to access this news item, never understood why the need to cut and paste an entire article.

This is the relevant bit anyway -

"In Philip and Darran we have a wonderful combination of skills and experience that will benefit Velocys as we continue on our path to finance, develop and operate our plants in the US and UK."

Not a business here, it's still being developed and requires financing - expect further wealth destroying dilution at even lower share prices.

[owenski] 14/12/2018 22:36

"This is a landmark event for Velocys' technology and its commercial reference plant."

How's that working out.

[beeezzz] 14/12/2018 21:13

Yeah....Years in development - we just don't know how many...come down to how many punters are will to part with their hard earned cash....

[owenski] 13/12/2018 22:03

This'll end up going down the pan of AIM failures.

[beeezzz] 13/12/2018 21:24

If they want to be the centre of excellence for sustainable aviation. They need to put a large chunk of money into it, and make sure is succeeds..

[deutsch3] 05/12/2018 15:03

AS I said.....we should have stayed in the UK

[gac141] 05/12/2018 14:08

As an industry we need to explore a range of options to reduce our emissions. We’re already working with Velocys to build a plant that produces sustainable transport fuels from household waste that would otherwise go to landfill, but we don’t want to stop there. Some of the best scientific minds in this field are based in the UK and are brilliantly equipped to develop a pathway for the UK to achieve global leadership in the development of sustainable alternative aviation fuels.”

The launch event, which took place at British Airways’ HQ, was attended by 15 UK universities and also featured talks from industry experts including Robert Boyd, Head of Sustainable Fuels at IATA and Baroness Sugg, the Parliamentary Under Secretary of State for Transport.

Baroness Sugg, said: “We want the UK to become a global leader in the development and supply of next generation aviation fuels, cementing our reputation as a centre of excellence for sustainable aviation.

“This competition will move us another step closer to achieving this vision, balancing growth in aviation with sustainable development that benefits our environment and society.

[deutsch3] 30/11/2018 17:26

Good Stuff gac - (we should have stayed in the UK)

[fluky] 30/11/2018 17:23

Gac: is that the flow of good news you announced in your post #2370?
Also, it would help if you define what you mean by “very soon.”

[gac141] 30/11/2018 16:39

BA and future fuels press release


hxxp://mediacentre.britishairways.com/pressrelease/details/86/2018-247/10358?ref=News

[owenski] 23/11/2018 21:41

The bargepole non business continues down

[gac141] 22/11/2018 09:55

A fuel value over $7.00 per gallon, and everyone’s chasing it: The birth of USA Bioenergy and the surge in renewable diesel- Bio Digest article.

hxxp://www.biofuelsdigest.com/bdigest/2018/11/20/a-fuel-value-over-7-00-per-gallon-and-everyones-chasing-it-the-birth-of-usa-bioenergy-and-the-surge-in-renewable-diesel/

[meijiman] 20/11/2018 12:04

Yes keep an eye and where he goes next to make a great short. How does the Chairman survive here? ...he seems to be incompetent as well.

[doclee] 20/11/2018 11:33

When Mr Pummell joined VLS it was noted that during his tenure at CEO at his previous company, Ceres, (salary £250,000 per annum) the share price crashed by over 90% in the year! It seems like he's got form and that his successful management of companies remains unaltered.

[fluky] 20/11/2018 11:09

Gac141: what’s your prediction record lately?

[gac141] 19/11/2018 13:09

Just my thoughts and expectations that we should be getting a decent flow of good news very soon from Velocys.....

[deutsch3] 14/11/2018 10:45

Gac - 2 or 3 times now they have got rid of the senior people and never a full explanation? - What you say makes sense but only if the new incumbents come clean and
tell the rest of us what's going on. They, nor you, can not write off massive development cost without some explanation. There aught also to be a statement of the recovery situation, particularly relating to insurance expectations and 'Who is being held responsible'! - The day's of writing everything of to experience are over,and should have been over long ago. They are getting away with 'murder'.