Oxford Catalysts, which develops technology for the production of synthetic fuels, claims market conditions for distributed scale synthetic fuels production are better than at any other time in the firm's experience.
The statement has seen the stock gain 5% in morning trading.
The company says it is continuing to look at possible partnerships with major corporations for its technology.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
It has already sold five so called "Fischer-Tropsch reactors" which convert natural gas, coal or bio-mass into high-performance liquid fuels.
Those orders are described as a "precursor to widespread adoption".
The company's Chief Executive, Roy Lipski, claimed "the group's had another successful year and continues to make good progress towards commercialisation with existing, new and potential partners."
BS
-
Frozen thresholds could push ‘tax freedom day’ to latest date this centuryTax freedom day is the point in the year you stop earning for the taxman and start earning for yourself. A rising tax burden could push it to 12 June this year – the latest date since 1982.
-
Family left with £20k IHT bill because of out-of-date tax adviceFrozen tax thresholds and dated guidance helped drag the estate into an inheritance tax liability despite extensive use of gifting to avoid a bill
