Velocys Share Discussion Threads

[tomboyb] 02/8/2022 15:55

I think we could be 6p6 tomorrow if buying continues -

Massive emphasis globally on green tech. SKY did a feature on fuel aviation and sustainability -

[talldarkslim] 02/8/2022 13:59

Anyone selling at present should seek medical advice. The trend is so clear and upwards.

[olly353] 02/8/2022 11:57

And on good volume....

[olly353] 02/8/2022 11:49

Going very well today.

[tomboyb] 02/8/2022 11:36

Buy ENERGY and GREEN tech -

This is the near future -

[tomboyb] 02/8/2022 11:10

Looking better today -

[tomboyb] 01/8/2022 09:20

Into the 5s -

[tomboyb] 25/7/2022 10:54

Someone keeps taking the 4.64p -

[tomboyb] 25/7/2022 08:12

Big piece on Sky news about aviation and sustainability -

[tomboyb] 22/7/2022 15:44

Climate show with Tom Hemp -

Sky news -

[tomboyb] 22/7/2022 15:39

Sky news now -

Net zero flying -

[tomboyb] 22/7/2022 11:29

I think if you look @ what is happening now, the interest in this area has sky rocketed -

It has to be green and sustainable -

Anything that can help reduce emissions seems to be the mantra now -

So accumulate green -

[tomboyb] 22/7/2022 11:02

VLS is an addition -

Could break past the 5p mark -

[tomboyb] 22/7/2022 10:58

Anyone picking up Net zero, or green stocks - ?

[dipa11] 22/7/2022 08:43

https://m.marketscreener.com/quote/stock/VELOCYS-PLC-4006045/news/Velocys-UK-Government-Jet-Zero-Strategy-41023429/

[cottoner] 23/6/2022 12:27

AVAP just RNSed:

FIRST FLIGHT IN HISTORY WITH 100% SUSTAINABLE AVIATION FUEL


First Flight in History with 100% Sustainable Aviation Fuel in Both Engines on a Commercial Aircraft

[dipa11] 14/6/2022 08:22

https://m.marketscreener.com/quote/stock/VELOCYS-PLC-4006045/news/Velocys-plc-Appoint0s-Philip-Sanderson-as-Executive-Director-40688704/

[daicaprice] 09/6/2022 08:37

Looks like an astute appointment.

DC

[marketboy] 18/5/2022 08:49

VLS being one of three companies mentioned to build SAF plants by 2025.

[skinny] 17/5/2022 07:03

Acceleration of Commercialisation

Velocys, the sustainable fuels technology company, is pleased to announce its final audited results for the year ended 31 December 2021, which shows the Company mak ing good progress in the technology delivery and commercialisation phase of its growth strategy.

2021 Financial Highlights

-- Revenue increased to GBP8.3 million (2020: GBP0.2 million).
-- Administrative expenses of GBP13.3 million (2020: GBP9.2 million).
-- Operating loss of GBP9.0 million (2020: GBP8.8m).
-- Net assets increased to GBP29.7 million as at 31 December 2021 (2020: GBP13.1 million).
-- GBP26.2 million (before expenses) successfully raised by a Placing and Open Offer in December 2021.

-- Net cash at year end of GBP25.5 million (2020: GBP13.1 million).
-- No borrowings at the year-end (2020: GBP0.5 million).
Business Highlights including post period end activities

Strong commercial progress made

-- Commercial offtake agreement with Southwest Airlines and a memorandum of understanding ("MOU") with IAG for all the Sustainable Aviation Fuel ("SAF") and associated environmental credits for the Bayou Fuels project.

-- Collaboration with TOYO, with Velocys Fischer Tropsch technology being selected for an e-fuels project commissioned by the Japanese government.

-- TOYO commenced advanced engineering for commercial scale biorefinery for conversion of forestry residue into SAF.

-- Exercised option agreement for Altalto to acquire Immingham site owner for GBP9.75 million with GBP2.5 million in cash and GBP7.25 million owing as deferred consideration at year-end ahead of onward sale to Foresight Group LLP .

-- Velocys and B ritish Airways were awarded a grant of up to GBP2.4 million from the UK Government's Green Fuels Green Skies ("GFGS") grant scheme.

-- Appointed Koch Project Solutions to provide pre-FEED/FEED support with the potential to be awarded an EPC contract for the Bayou Fuels project.

-- Growing pipeline of customer opportunities leading to additional technology licensing opportunities across three continents.

Technology skillset strengthened

-- Dr Dawid Duvenhage joined as VP, Catalysis - bringing a wealth of knowledge and experience in catalysis and the Fischer Tropsch process.

Post period end

-- In March 2022 onward sale of Altalto project site owner to Foresight Group LLP for GBP9.75 million settling the deferred consideration and repaying Velocys the GBP2.5 million paid in December 2021 alongside securing a three-year option to repurchase the site owning company and a right of first refusal for Foresight to invest up to GBP100 million into the Altalto project.

-- Altalto Joint Development agreement and Altalto option agreement with British Airways plc extended to 31 March 2023.

-- In March 2022 a 15-year lease for a modern sustainable technical centre in Ohio was signed for a new building purpose built to suit Velocys' technical needs in catalysis services, microchannel reactor core assembly and technology licensing.

Henrik Wareborn, CEO of Velocys, said:

"Velocys offers a decarbonisation solution to the aviation industry and is now firmly in the technology delivery and commercialisation phase of our growth strategy. We have a growing pipeline of new customer opportunities spanning multiple continents, which have developed in response to client specific net zero targets in countries that are ahead of the game on mandates and policy incentives.

"Our commercially demonstrated patented technology enables an alternative to fossil jet fuel with an ultra-low carbon intensity. In addition, our production pathway generates fuels with much lower sulphur oxide and particulate matter emissions. Synthetic drop-in fuel is the here and now solution, which requires no modification to aircraft or airport infrastructure.

"The synthetic fuel enabled by our technology will greatly benefit our customers, industry and society."

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.

[marketboy] 13/5/2022 10:10

Any questions for the board?

[deutsch4] 19/4/2022 09:38

Sounds like they have us by the balls - Always willing to give away value without shatrholders copnsent to keep saleries and bonuses flowing - Watering down all the time - no flavour left in this drink anymore!