Velocys - Re: VLS Stream Log - I think it's positive. Getting...

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07:59 25/06/2014

I think it's positive. Getting the first few customers and contracts in place is always the hardest- now they will have more to show the US market, and the RNS suggests that Pinto also bring some complementary skills in the form of project execution. The price paid, all in shares, seems reasonable and not materially dilutive for existing shareholders.

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