Virotec Share Discussion Threads

[patent2] 14/6/2007 09:01

still no stamina

[timben] 14/6/2007 08:32

Lets hope so.....its been along time coming!

[judge jury] 14/6/2007 07:55

Yup - this is more like it. Hopefully the first of many

[tubby028] 14/6/2007 07:22

It could have stamina now. It looks like that they are drip feeding this info into the markets. At last all the hard work is paying off. GREAT NEWS AND MORE TO COME ME THINKS

[timben] 13/6/2007 16:10

The trouble with stock......its got no stamina!

[learntlesson] 12/6/2007 15:46

right that's me in for a grand - here goes!

[timben] 12/6/2007 14:15

Good to see some decent news at last....lets hope this double bottom is the start of the up!

[judge jury] 12/6/2007 10:27

You say this one product isnt going to be the making of the company. I think there is a chance that it could be.

The first contract was worth something like £700k over 10 years (or £70k a year). If they could get contacts covering say 20% of the boreholes (ie 200) we are looking at revenue of some £14m pa (presumably with limited associated cost attached). Aquasolve is a JV so VTI dont get 100% of this but still its a pretty decent contribution.

Of course 200 contracts is a long way from where we are but it could snowball, in theory at least.

[alan russell] 12/6/2007 10:04

OK only a small contract and a long time coming but good news for all that. Investors know just how incredibly long it can take to get clearance for anything involving health.

Now there is an alternative up and running approved means of removing radium. Up until now there have been three choices. 1. drill a new borehole 2. bring in uncontaminated water and mix 3. treat the water. The first two are expensive. The third (there are a number of different treatments on the market) results in a waste product that is rich in radium and needs to be properly disposed of. The Virotec solution is a new gold standard in that it traps the radium allowing it to be disposed of in the usual municipal waste.

I recollect (correct me if I'm wrong) that VTI previously said that there were about 1,000 contaminated boreholes in the southern states. Now that there is a new cheaper, cleaner approved treatment I would have thought that those drinking the radium affected water would be quite keen for their public representatives to do something about it! Hopefully new contracts could quickly increase to tens pa. Judging by the comment in the RNS about the NSF approved improvements in the VTI production facility together with the second contract underway, VTI appear to think so.

Alright this one product isn't going to be the making of the company and cause the share price to double of treble, but it is a significant step towards the first goal of any small blue sky company, year on year profitability from repeating business. A small hooray!

[judge jury] 12/6/2007 08:28

Good to see they are making progress on the radium front ... even though progress has been very slow. Still waiting to see some decent contracts though.

[timben] 11/6/2007 09:41

Well at least Hydrodec seems to be progressing in America....should be good for VTI

[cleudo] 08/6/2007 22:15

You've got to wonder... The first (albeit miniscule) contract is announced and the shareprice all but collapses..

Lets hope they don't win anything bigger!!

[ericeb206] 01/6/2007 15:34

It was the March minutes. It will not let me copy and paste so it must be protected but just type PennDot minutes into Google and you will have access.

[tr1] 01/6/2007 12:08

ericeb206. Could you post a link to the PennDot minutes please.
Thanks TR1

[ericeb206] 01/6/2007 09:54

There is some good news today on a new UK contract. Also progress report in Aussie. But look at the PennDot minutes for April, Bauxsol failed. I think it is the way the yanks made VTI apply the Bauxsol which has caused problems there. Bauxsol has been approved by the US authorities. Do Messrs Gold and Barnes have vested interests elsewhere because they have always been ante VTI from day one.

[timben] 31/5/2007 11:16

All very quiet .....any news anybody?

[clusium] 22/5/2007 16:06

Thanks, russian. share price not frozen now - just melting.

[russianlinesman] 22/5/2007 07:47

I bought a bunch for my SIPP at 13p and am just going to sit tight. Water technology is a global issue, which is off the front pages whilst we worry about global warming, but it will be back. Just a question of time. And that might be years, but I'm not due to retire for another 20 years so I reckon that's long enough.

Don't have any inside knowledge so nothing to post, but is still on my favourites list in case anybody posts something interesting.

[clusium] 22/5/2007 07:14

The price and this board have just frozen up. Has anyone any news or views?

[chesters2] 07/5/2007 12:02

Will someone post the above on the Hydrodec thread-for some unknown reason I cannot open the thread -never happened before-very strange.

[chesters2] 07/5/2007 11:56

Latest from Penny Share Focus



Hydrodec-Rapid Acceptance of Superfine in Australia


Chief Executive M McNamara told me that he expects the Australian plant for producing Superfine Oil from transformer oil to be running close to full capacity within 12 months.This represents a very fast take up by transformer manufacturers and utilities,and clearly demonstates acceptance of the product.Now the focus turns to North America,where the two planned production facilities will deliver a 10 fold increase to Hydrodec's production capacity.Hydrodec is now lining up the funding for these projects,which could include an issue of new shares.I believe that this is what is holding back the share price,but the matter should soon be resolved and I also expect to hear more announcements of new contracts and customers.BUY

[edale] 06/5/2007 21:03

A.R. Thanks for picking this up.
I have copied the IC article from here onto the GHF thread. Hope you don't mind.

[timben] 05/5/2007 11:38

How much of Greenhouse do Virotec own?