Virotec Share Discussion Threads

[distill] 10/1/2007 10:55

edale
thanks for that, have added GHF to my watch list and hopefully when funds allow have some,

[timben] 10/1/2007 10:23

Another new low......Good news needed??

[timben] 10/1/2007 09:07

All very insestual

[edale] 09/1/2007 17:36

Molectra aren't listed but the Greenhouse Fund (GHF) have from memory an option of approx 30% of Molectra following an injection of cash. If you look back on the GHF site you will see the detail.

[distill] 09/1/2007 00:38

Vitamal
re rubber did you see the co doning tyre reproccesing on working lunch today!mind you Molectra® Technologies Pty Ltd looks interesting wonder if there listed

[vitamal] 08/1/2007 23:49

just for interest - something going on in the Gulf?

[timben] 08/1/2007 11:23

Certainly is a bit boring for a company that a supposed to have so much going on?

[plast] 07/1/2007 13:05

this has gone quiet, time for some news from the management, even if its
to say what a great chritmas they had, up dates please.

[timben] 13/12/2006 12:54

Run out of steam?

[judge jury] 12/12/2006 15:43

We are certainly due some news on AquaSolve at some stage so it could be that.

[a3whd] 12/12/2006 14:37

Anyone out there. price ticking up on little volume although I am not surprised. Looks interesting. Could it be a new year tip or is there an announcement in the offing?

[timben] 11/12/2006 12:00

Certainly seen some volume in the last week........any news anybody?

[a3whd] 11/12/2006 11:50

Someone again mopping up stock another 800k at 14.5. Not much stock about at current levels. 18p -20p now looks a good bet before New Year

[ericeb206] 08/12/2006 07:20

Aviva has increased its stake again by 2M. They must know something we don't.

[a3whd] 08/12/2006 07:17

This is good news for Hydrodec. Next year should see the business start to make significant headway and in turn will be good news for Virotec.

[timben] 07/12/2006 10:13

This sounds like good news?

[judge jury] 07/12/2006 09:14

News from Hydrodec - hidden profits warning?

07 December 2006
HYDRODEC GROUP PLC
ESTABLISHMENT OF FIRST US HYDRODEC PLANT AND TECHNOLOGY UPDATE

North American expansion

Hydrodec Group plc ("Hydrodec" or "The Company") announces it has received statutory planning consent for the establishment of its first North American Hydrodec plant in Canton, Ohio. Canton has been chosen due to its location in one of the major industrial regions in the USA, close to both the suppliers of feedstock oil and potential Superfine transformer oil customers.

The State of Ohio and the City of Canton have also provided a package of incentives to Hydrodec. These include, from the State, a Business Development grant of up to US$100,000, a Workforce Development grant of up to US$65,000, a grant for off site infrastructure of up to US$400,000 and US$539,300 of State Job Creation Tax Credits. Incentives provided by the City of Canton include a Job Creation Program incentive valued at c.US$210,938, Net Profits Tax incentive valued at c.US$229,640, and an US$437,756 Enterprise Zone Tax Abatement over ten years.

The Company has also reached conditional agreement on the acquisition of the proposed production site located in an industrial park within Canton City limits. The site has direct access to interstate rail and road transport corridors. Concept planning for the facility is near complete and detailed design is underway. Design completion is scheduled for Q1 2007. Order placement for long lead equipment and commencement of construction site works has been scheduled for Q2 2007. Commissioning of the new facility is expected during the first half of 2008. Finalisation of the production facility location and commissioning dates has also enabled the acceleration of market development and product pre-sales activities. The site is expected to have a production capacity of 60,000 to 80,000 litres of Superfine transformer oil per day, a quadrupling of Hydrodec's existing Superfine production capacity.

Technology update

Ongoing product research and development carried out through July and August in response to customer inquiry identified a means of enhancing the technical quality of Superfine oil. This enhanced quality has been delivered by adjustment of operating conditions and minor modification of equipment in one section of the process train within the existing plant. As a result of these developments, Superfine production was halted in November while re-engineering took place to modify the plant.

This short term slow down in production means that the Australian operations will now not achieve profitability until Q1 2007. Whilst this is a little later than previously expected, successful re-engineering of the process and our work with two influential laboratories within the transformer oil industry has increased awareness of Superfine and created new sales opportunities. We are currently pursuing a number of these opportunities and hope to announce further progress shortly.

Hydrodec Chairman John Gunn commented, "We are delighted that after 18 months work, Hydrodec has located its first US plant. Canton is a logistically ideal site, given the location of feed-stock suppliers, Superfine customers and the availability of a skilled workforce. The initial response from key customer groups indicates a high level of interest and support for the environmental sustainability and greenhouse benefits that Hydrodec's technology provides. The Canton plant marks the start of Hydrodec's US plans, and I look forward to construction commencing next year. We hope to be able to announce significant progress on the second US production facility early in 2007.

The recent technological developments in Australia mean that the Superfine product has been further tailored to meet the demands of our Australian and US customers in the future. Our aim is to create the world's best brand of transformer oil; these measures ensure material progress in this area, particular in the area of product pricing."

[a3whd] 05/12/2006 12:59

From a chart view this looks very interesting, and breakout from 14p could see them up at 18p ish .

[ericeb206] 02/12/2006 10:29

Strange day on Friday. Four and a half million sold and the price remains stable.

[lplp] 29/11/2006 09:04

Now you know! See RNS

[tubby028] 28/11/2006 07:56

Have VTI been given approval to release shares into the market? . I can`t see how the big boys have increased their stake and the price has fallen. It`s not a level playing field.
All that said, it looks to be very possitive
regards
Tubby

[timben] 28/11/2006 07:50

More Intrest from from the big boys.....something afoot?

[timben] 27/11/2006 11:01

Good one Vitamal but its already taking up to much room!!

[vitamal] 27/11/2006 10:45

More the merrier!

[timben] 27/11/2006 10:35

wondering whether to dip in again myself?