Made me smile Kamon, the 'in twitter stanby mode' bit of your post
Thank you for the link - appreciated. I read a variation of this the other day - found it interesting with regards the graphene battery aspect. I certainly pick up on the need for Tesla to up its game and the highlighting of the use of graphene will I'm sure, be of interest to him not just for batteries but for use in other parts of his conglomerate.
I warm to visionaries like Elon. The Australian Bond with Airship Industries was my first venture into out of the box investing in the 1980's.
I just hope VRS will be my last ever share that I invest in - need I say, with a highly beneficial outcome for us all.
Steel . I think you might be missing the point. The unique thing about VRS is they are the only company globally that has mastered being able to produce graphene commercially. The recent ISO standard has also confirmed most wannabe graphene companies to the scrap heap as they are no where near the standard required.
Appreciating it's comparing apples and oranges but what price would Versarien warrant? Makes our current valuation reasonable in my opinion - indeed a "bargain".
Each to their own, but you may have guessed that I have a preference for a takeover in 2018. Short of that I just hope Elon's had a chat with Neil. Now wouldn't a holding RNS collaboration or direct investment in new shares from Elon see us have a 2 (or even a 3) behind the £?
Anyway, is a RNS coming our way? No apparent tweets from NR for a couple of days - signing a deal or suffering from RSI?
Obviously I don't know what others feel, but my investment in Versarien seems almost a surreal opportunity - almost too good to be true and we all know the saying "if it seems too good to be true, it probably is". I am still trying to find what the catch is with Versarien. Am I wasting my time on this quest?
After saying this, I hope that I am not deluding myself (yet again) that an investment in VRS is surely not a gamble as my wife currently has only one share holding in her SIPP - time will reveal if this is prudent stance.
I feel that there is no major shareholding that would launch a takeover and I do not think Neill Ricketts will sell out unless the price is super silly and which everyone would be happy with. That figure would probably have to be north of £10 and the business does not justify that price at this time.
Neill has said that the process is scaleable which he has clearly demonstrated albeit apparently using the European manufacturers machines till their order as per the recent fund raise is ready. If orders come there is no barrier to production. Their nanene quality seems to be superior to almost all other suppliers so a customer would just have to wait and be ok with doing so. The benefits are waiting for them.
"To give balance can anyone raise any risks of investing Versarien other than an early takeover?"
This sounds tongue in cheek but it isn't.
A risk for Versarien could be that they are too successful too soon.
If they suddenly get a couple of big orders, could they deliver the graphene quickly enough?
Some might say that is a nice problem to have but it would deter customers if there is a very long wait before delivery can be made.
Neil obviously appreciates that this could be a problem and that is why the recent funding was partly to purchase another machine.
Normally a company producing a product for one sector can anticipate upcoming demand and ramp up production accordingly. In the case of Versarien, the next collaboration or order could come from virtually anywhere and because of that, it is very difficult to predict future demand and the rate at which potential orders may come in.
The last thing Versarien would want is to tell a potential customer that they are so busy they cannot deliver an order on time.
I am sure this will be a scenario that will have been discussed and, if it were to occur, it might trigger another fund raising to purchase more equipment and employ more staff.
New graphene ink pushes the boundaries of product development
graphene optoelectronic ink OLED batteries
Sometimes a European project is not limited to achieving the goals it has set for itself, but exceeds them. HIGRAPHINK is an example. Its revolutionary graphene ink, highly conductive, should be used for applications ranging from optoelectronics to composites, batteries and flexible OLED devices.
Originally, the HIGRAPHINK (Highly Conductive Graphene Ink) roadmap was limited to demonstrating the viability of graphene as an additive for organic semiconductor materials, in order to make OLED displays to validate the principle . But the project was so successful in producing graphene with properties previously unimaginable that its host, the University of Cambridge, decided to limit itself to preparing this technology for commercialization.
"This is probably the main difficulty encountered during this project," recalls Andrea Ferrari, director of the Cambridge Graphene Center and project coordinator. "At one point, we had to decide, based on the progress we had made, to focus on the issues related to the production of our graphene ink and to stop exploring the other options we had discussed before. "
But who could blame them? Only two and a half years after the launch of the project, and six months after completion, HIGRAPHINK produced a material with a 100% exfoliation rate, compared to only 1% before the project team started its operations. works. The new ink has a mobility 10 times higher than the inks currently used in OLEDs. The industry can now produce tens of thousands of liters a year, whereas it could only expect daily quantities of a few milligrams before the results of HIGRAPHINK have their effect.
"To achieve this, we started with graphite and we used a technique called microfluidization: we pass graphite through tiny channels applying a very high shear pressure. This very powerful shear separates the graphite flakes and we obtain a yield considerably higher than that which one could reach before this project. We now have highly conductive inks with low film resistance that can be printed on various substrates and with inaccessible properties before the project starts. "
The team tested the new material in various devices. In particular, researchers have created high-speed lasers by incorporating ink into polymers over an optical fiber. They also used this material to modulate light in the terahertz range, which is the first step to create super-fast terahertz lasers. They have created cameras that can be photo-switched, and even new memory devices. "We have also been able to extend this technique to other layered materials, such as phosphorene or boron nitride," Pr Ferrari enthuses.
As a result, the number of possible applications now seems unlimited. HIGRAPHINK led to the creation of a spin-off company called Cambridge Graphene Ltd, which was recently acquired by Versarien, a UK-based company exploiting new materials to create innovative engineering solutions. The material is also available for sale in the Sigma-Aldrich catalog, which is now owned by Merck.
"Our intention was to create a graphene with sufficient properties to be able to use it with some flexibility in the transistors. This goal has also been achieved, and we are now working with a company called FlexEnable to integrate our material into the design of future OLED displays, "adds Pr Ferrari.
If Cambridge University professor of nanotechnology admits that it is difficult to predict what will be the most popular use of this graphene ink, he believes it can be used in flexible and foldable coatings, composites, detectors or energy storage devices.
"We have succeeded in developing a new technique for creating large quantities of high quality ink. This means there is potential for applications in demanding industries, ranging from batteries to supercapacitors, screens, flex
"Is buying at the current sp more for the potential than known revenues
Yes, investors are gambling on the potential of graphene and how much of that future market share Versarien is able to grasp.
Remember, we are not talking about one product or one sector; the potential uses for graphene cover virtually the entire spectrum.
If graphene cannot be usefully incorporated into the actual product itself, then it may be in the container that holds it.
I cannot think of another product or material in recent times that has had the widespread range of uses that graphene promises, a lightweight material with incredible strength.
Just for example, think of transport
From cars, trucks, buses, trains, ships and aeroplanes, all modes of transport would benefit from incorporating graphene into their construction. Less weight and greater strength, improves safety and reduces fuel consumption.
The future potential for graphene is guaranteed, no doubt one of the graphene producers will become a mega company, whether that company will be Versarien remains to be seen.
I have placed my bet.
What I would say to potential investors who are concerned about the risks, just buy a few and get a seat on the bus. It definitely wont be a dull journey and you will enjoy it more knowing you own part of the company, however small.
I have been invested in VRS since Sept having done a lot of research into graphene. What is happening now is that it is becoming clear that VRS are probably the global leader in the production quantity and quality of GNPS not to mention their graphene ink. There have been a plethora of 'graphene' manufacturers around the world but it is becoming clearer that these companies are nowhere near the new graphene ISO standard. This has sorted the wheat from the chaff and pretty well left one company above all as the global goto company for quality graphene. That is why the IAI, a global MFCG (rumoured to be Unilever) and a Fortune 100 chemical company (rumoured to be Dow/DuPont) have teamed up with VRS to develop this world changing technology. In the latest VOX markets podcast, Neill Ricketts says more collaboration announcements are imminent. Past 'innovative' attempts by graphene pretenders resulted in failure or minimal improvements. That is because the graphene was not graphene but graphite. Now VRS have emerged as the market leader, the global companies are learning and now so many are knocking on VRS's door and hence the massive potential. Watch this space.
This seems an exciting company to be invested in, with the recent RNSes and charismatic CEO podcasts the past 1 week.
What Im keen to hear opinions upon is whether the current mcap (almost £100 mil) already values the company sufficiently....after all the interim results rns only a week or so ago states that half-yr revenues were approx £5 mil ? (ie is buying at the current sp more for the potential than known revenues):
· Group revenues increased by 167% to £4.38 million (H1 2016: £1.64 million)
If the SP keeps retreating for you to buy more it wont go anywhere and will end up like FRR. Ive bought in all the way from 16 up to 79. Those prices may never be seen again if we get the expected Xmas present RNS. Btw Ive got 2 work colleagues into buying into this. Wonder if Im entitled to a referral fee lol
Those are the very reasons why I would strongly oppose any aggresive takeover bid, even if it were at a 200% premium to the current share price. Long term we will see much bigger gains here if the company can remain independent imho. Short term I would happy for the sp to retreat a bit so I can buy some more!
Whilst most would accept that graphene is going to be a revolutionary product, which grapheme business should you choose to invest in?
The main reasons to invest in Versarien are;
1, Neill Ricketts
It would be difficult to find a CEO who is as passionate and enthusiastic about graphene and his company. After listening to Neill for five minutes it is hard not to get swept up by his infectious enthusiasm and drive. As a salesman would he convince me to buy graphene from Versarien?, well he has already convinced me to buy Versarien shares.
2. The partnership links with Manchester and Cambridge Universities.
This was a master stroke by Neill and an association that every other graphene developer would give their eye teeth for. With them as shareholders they are free to do what they do best in researching the future development of graphene, whilst leaving Neill and his team to look for applications and uses for the products.
In terms of giving Versarien credibility as a quality producer these links are priceless.
3. Skin in the game
From todays RNS Neill owns 15.6m shares or 10.53% of the company. As a private investor this is a huge plus, as he fully appreciates our position, especially in relation to share dilution.
4. Business Strategy
As a new developer/producer of graphene there is a long period of cash burn before hopefully producing a product that is saleable to the market. Neill bought businesses early on that were already in production, the benefits of this strategy are two fold. Firstly, the graphene can immediately be incorporated into products without the need for the hard sell and secondly, revenue generating businesses assist the company financially through the cash burn period as the latest interim results show, with revenues increasing and losses halved.
5. Proven results
In the space of five weeks we have seen collaborations with Israel Aerospace Industries, a global consumer goods company (Unilever?) and a global chemical major (Dow Chemicals?).
All three have massive potential and success breeds success, other companies will be looking at why these three chose Versarien.
As an investor any of the above could influence your decision to invest in a company, put them all together and it makes a pretty compelling argument to invest in Versarien.
Just as these reasons may convince investors to buy shares in the company, the same reasons may help to persuade potential customers to choose Versarien over their competitors.
There will be investors now who are annoyed because they think they have missed their chance to invest in Versarien after its meteoric rise in share price.
I take a different view, in a few years some investors will look back and kick themselves because they had the chance to buy in under £1 but didnt buy because they thought it was already too late.
Versarien plc (AIM: VRS), the advanced materials engineering group, announces it has issued 910,900 ordinary shares of 1 pence each in the Company ("Ordinary Shares") following the exercise by directors and an employee of the Company under the Company's share option schemes.
No. options exercised
Exercise price per share
Application has been made for the new Ordinary Shares to be admitted to trading on AIM, which is expected to take place on 11 December 2017. The new Ordinary Shares will rank, pari passu, with the existing Ordinary Shares in issue.
The Company was also notified that Christopher Leigh, Chief Financial Officer has sold 528,720 Ordinary Shares at an average price of 73.81 pence per Ordinary Share.
Following the transactions outlined above:
Mr Ricketts' interest in the share capital of the Company has increased to a total of 15,625,000 Ordinary Shares representing 10.53 per cent. of the Company's issued share capital enlarged pursuant to the exercise of options. Mr Ricketts is further interested in 278,720 options exercisable at 12.25 pence per share together with 2,626,614 options exercisable at 15 pence per share and 1,050,761 options exercisable at 29 pence per share; and
Mr Leigh's interest in the share capital of the Company has remained at a total of 315,000 Ordinary Shares representing 0.21 per cent. of the Company's issued share capital enlarged pursuant to the exercise of options. Mr Leigh is further interested in 2,626,614 options exercisable at 15 pence per share and 1,050,761 options exercisable at 29 pence per share.
Total Voting Rights
Following the issue of the new Ordinary Shares, the Company will have 148,386,309 ordinary shares of 1 pence each in issue. No Ordinary Shares are held in treasury. The figure of 148,386,309 may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
What caught my interest was Apple's apparent intent to reduce reliance on suppliers and take increased in house control of production.
IF this is a trend of thought within the 'big' globals then surely now is the time to make an offer for VRS (or the graphene part of) - pre-commercial deals. Especially if the company has the products with a projected future demand for Nanene production themselves?
Wouldn't this immediately reduce competitors access to quality economical graphene, gain an important competitive advantage. as well as securing internal supply
Of course for a company to consider this, they would need the products that Nanene can enhance - anyone think of such a company?
On the subject of brands and graphene - this quantum tech might interest. Q-iD tagging this time from research out of Lancaster Uni so no direct link to VRS:
Is PXOG : PROSPEX OIL and GAS GOING TO BE THE NEXT MULTI BAGGER?
III tend to think its possible for 200% PLUS gains to be had...
Target Depth to be reached this weekend for the Italian drill. !!
Last week Director bought £40,000 worth.
This from III.
PROSPEX OIL revisited. (LSE:PXOG) When discussing share prices, sometimes we will appear to use "weasel words" in what can be perceived as an attempt to cover our derrière. The truth is rather more boring - share prices usually do not go straight to target.
Prospex is a case in point. Near term (ie, probably this week) it appears movement above just 0.84p will indicate growth to an utterly useless target of 0.96p. Any self respecting AIM share will ensure such a trading prospect is gobbled up by the spread but for us, of particular interest will a mid-price of 0.96p if bettered. For us, this indicates underlying strength and thus, despite any near term shenanigans, it will open the door for continued growth to 1.175p next.
At this point, the share starts become really interesting as such an ambition bonks against the immediate downtrend from September last year!
Normally, we'd embrace a cautionary note at such a level, realistically expecting some sort of reversal should 1.175 make an appearance. However, there's something quite important worth remembering. Whatever provoked the nasty droop back in January (RED HIGHLIGHT) DID NOT happen with the price being manipulated (gapped) downward. Therefore, despite the share effectively flatlining for most of this year, the lack of a gap tells us the share was not moved to a new trading range - something the market tends defend. Instead, the drop was simply part of a "normal" trading cycle and thus, anything above 1.175 is liable to be useful as continued growth toward 1.5p makes sense.
In fact, above 1.5p will tend suggest a coming attempt at the dashing BLUE line will become a viable ambition.
Last time we covered this lot, we vaguely apologised for its inclusion. We'd guess quite a few folk are keeping their eye on this, due to it once again featuring heavily in our email recently. About the only sensible warning we can give relates to the RED line on the chart. If it gets below 0.45p anytime now, asking Santa for running shoes may prove a wise policy.
Is PXOG : PROSPEX OIL and GAS GOING TO BE THE NEXT MULTI BAGGER?
With Romanian Gas find reported last week,
With the Italian drill expected to reach TD Thurs or Friday this week.!!!!!!! (See RNS)
And with a Director buying last week, are the dots lining up?
The recent decent updates far exceed the news which caused the drop we saw beginning of the year..
It was like losing a pound, then finding a tenner.... The stock has not realised that we are 9 quid up... :-)
Lossmaking Versarien (LSE: VRS), the advanced materials engineering company, took another step closer to profitability today with the announcement of an agreement with a US global chemicals supplier. The market likes the news and the stock is up more than 3o% as I write.
Working with the big guns
Its new partner is big, appearing in the Fortune 100 list of the largest public and privately held companies in the US by gross revenue figures. Although todays announcement doesnt reveal its name, this giant organisation plans to use Versariens proprietary Nanene fewlayer graphene nano-platelets, along with other of the firms 2D products, in various potential applications.
No wonder theres excitement in the air. Something meaningful could result from this tie-up capable of propelling Versarien into the ranks of profitable firms with growing earnings. Now that an agreement has been signed, the new partners will work together on research, development and testing of compounded materials, with the objective of replacing incumbent additives across different chemical variants to improve material performance.
The goal is to initially evaluate and process samples for speciality packaging applications and barrier technology, but working together will also allow both parties to better understand opportunities for further agreements and collaboration on other projects.
Chief executive Neill Ricketts reckons that this agreement with what he describes as one of the worlds largest chemical and specialist material groups adds more weight to the assertion that Versarien is becoming the go-to supplier of high quality graphene and other potentially industry disruptive 2D materials. He puts this success down to the firms high-quality product and research capabilities linked with Manchester and Cambridge universities, which he says amounts to a strong competitive position putting the company at the forefront of commercialising graphene.
Maybe this agreement is one of several to come. Mr Ricketts says other potential agreements with similar market-leading companies are in the pipeline and he is looking forward to updating the market further in due course during this exciting time for Versarien. Judging by the reaction of the share price today, I reckon those holding the shares could be in for an exciting time ahead too.
The company reckons all its product offerings have the potential to change the game in several industry sectors, but progress in commercialising the production of graphene stands out as the main driver towards profits so far. The firm has moved graphene production out of the laboratory and into a scalable production facility in Cheltenham and looks like it is preparing for growth. I think deals like that announced today bolster the case for considering an investment in the firm. If the company does succeed in disrupting industries with new technology, we could see rapid progress on earnings from here.
Revenue grew by more than 100% over the past four years and in 2017 weve seen rapid strategic progress. Two fundraising events during the year raised just under a gross £4.4m for the firms coffers and todays announcement is the latest in a string of deals signed during the year. Versarien looks like it could be on the cusp of transforming its finances and I think that right now could be a good time to research the firm.
Thanks Barley Baron, but I have had to take a back seat role lately as I have been busy rebuilding a boat engine. Had it running this evening, so just a bit more tweaking to do before I am off to sea again after the Cod. That might be just as cold a climbing mountains as we don't get to move around enough to keep warm.
Have to say I admire your tenacity in having only sold 10% . I've sold none in my core holdings account but have tried to call the highs with my ISA stock and buy back on the dips. However it has only worked on the dip back to 36p, so I am now reduced to only 112k but with a nice wedge of cash in the event that we do get a decent pullback. Maybe that will come in the week leading up to Xmas as I am sure that many shareholders will want to show a big of largesse to their loved ones at that time of year. If so I'll be ready and waiting.
Never had any doubt about this being the go to company in the sector, but its a shame that they will have to find a much bigger venue for next year's AGM. I really enjoyed squeezing into a small corporate hospitality suite with a great view of the pitch at Gloucester RFC this year. Maybe next year they will have to hold it on the pitch with thousands cheering in the stands :-)
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