|Manipulation continues I see!|
|JHWise words regarding Darwin! Looks like they are already at work with the downward SP!|
|Nice find. Backs up what we already know.I doubt the share price will move forward much till we see some figures for 2017 with GRPHS current improved trading prospects and that is some way off! Until then, I fear JH will be correct and we'll continue to be manipulated by Darwin for their own ends.|
|Seems to be a mix of both good comments and bad. I for one am very pleased that with all the problems the company has been able to relist and therefore stakeholders have the opportunity to either leave or stay.
An article issued today on seeking alpha gives a reasonably good update on the current graphene market and is also very positive towards Graphene Nanochem.
I've provided the link but also attached the info.
Graphene Investing In 2017
Jan. 5, 2017 10:45 AM ET
The risks are high especially in mineral mining stocks promoting their intentions to insert themselves in the graphite and graphene nascent industry.
Stock picking is a worthless endeavor using traditional fundamental and technical analyses. Investors do grunt work to find companies with which they feel comfortable.
Nevertheless, graphene is the most exciting new industry since the digital revolution and there are four companies worthy of investment consideration.
My first background article addressing the wonder chemical graphene for Seeking Alpha cautions investors to the high risks involved:
· There are few publicly traded companies.
· They are in the R&D stage of development, or in
· Mining minerals that carry heavy baggage from governments
· Seed stage of developing with unconfirmed products for commercial and healthcare applications, and
· Companies are hindered by high costs and first stage technology for producing graphene in mass quantity.
Unending Growth Potential
Nevertheless, it is the most exciting new industry since the digital revolution. Materials & Chemicals Market Research News just released a report affirming, "We expect that China's graphene market size will grow at a compound annual rate of over 90% in 2016-2020." It also lists more than a dozen companies engaged in mining minerals, R&D, and commercialization of graphene.
My biochemist educated son forwards science articles to me practically every day. Articles about graphene awakened me to the ways graphene will change our lives. The potential for graphene commercialization is seemingly unending, a sui generis.
Information about new applications of graphene in science publications out in the few short weeks since my article in Seeking Alpha detail applications for graphene having the potential to detect cancer cells, improve 3-D printing, make ammunition and guns more efficient and effective, produce a super-strong silk that conducts electricity, helps other materials handle 1,000 times more current than regular materials, build better, safer and longer lasting lithium ion batteries (demand is growing 20% per year), fuel cells, and nuclear reactors.
How to Proceed with Investments
Fundamentally sound statistical and technical analyses do not yet apply to any pure graphene companies. Stock picking is a worthless endeavor unless investors do the grunt work. I suggest investors find a company that is:
· Led by an experienced business management team,
· Sticking with a strong sensible business plan,
· Deep pocketed with enough cash secured to carry it out, and
· Led by a business management team that complements the R&D people.
In my earlier article I addressed three small companies with long term potential for growth and profitability:
Haydale Graphene Industries (OTC:HDGHF)
Graphene 3D Labs (OTCQB:GPHBF)
Applied Graphene Materials (OTCPK:APGMF)
Here is a brief analysis of several listed in the MCMRNews. The first two exemplify the risky business of graphite mining companies. The third investors ought to seriously investigate commercializes graphene with marketability.
Northern Graphite Corp (OTCQX: NGPHF) is a start-up company with no revenues but listing a $10m market cap. More than 5,000 are traded almost daily. This Ottawa, CN based company mines graphite. It cannot control fluctuating world prices on the downside. NGPHF touts the company produces "the highest percentage of large flake material, the best infrastructure, the lowest capital costs and the lowest unit operating costs...the highest margins" in an industry with exponentially growing demand for graphene.
The share price 42-weeks high was 47 cents. A share sells today for 20 cents. Insiders hold seven percent of the shares, and institutions hold 1.27% shares. StreetAuthority last May describes the stock as "basically a publicly traded business plan." NGPHF reports a chest of $658,000 down from a $1.5 six months ago. Then company reports securing 100% interest in the Bissett Creek graphite property located in Ontario.
A Seeking Alpha contributor suggested in May 2015 that Focus Graphite (OTCQX: FCSMF) was not transparent in its use of money raised from stock sales, nor explains "or how it will create value" in the graphite market. They are still listed with shares at 5 cents down from 22 cents. On December 28, 2016, Critical Metals reported FCSMF raised $212,500 from the sale of 2.125M shares. It too is a mining company producing graphite concentrate.
A Stand-Out Company
Graphene NanoChem PLC (OTCPK: GRPEF) is a very interesting company selling for 16 cents per share. It is a commercialization company "that designs, formulates, manufactures and markets a range of nano-enhanced solutions, from chemicals to performance materials." GRPEF focuses on the oil and gas sectors: fuel additives, oilfield chemicals, and performance chemicals. Its Advanced Materials Division uses graphene nanomaterials for production of chemical synthesis processes, and uses graphene dispersion to enable application for specific performance uses and product commercialization. The company does not intend to become a market supplier of graphene nanomaterials, but uses the proprietary technology for enhancing strategic partnerships in commercialization initiatives. The company headquarters are in Kuala Lumpur, Malaysia.
On December 28, 2016 it was announced Graphene NanoChem won its first order for $360,000 causing shares. The share price spiked from a penny trade to 48 cents. Shares currently nearly touch 16 cents. 4,000 barrels of a smart fluid were sold for use in China to make shale drilling faster and improve environmental and economic qualities in two wells. If successful, GRPEF may be tapped to supply its smart fluid to more than 300 other wells China expects to drill in the near future. It is partnering with Scomi for drilling in Southeast Asia.
GRPEF is emerging as one of the most promising publicly traded companies. Management wants to design and commercialize its own products. They are decisively defining their target market, and management has little intention of allowing debt-fueled profligacy. Theirs is a tight business plan demonstrating confidence and determination to build the business in their image and maintain control of their future.|
|My thoughts exactly JH. Hope they don't manipulate the share too much. Heard some less than complimentary things about Darwin. Hope it isn't all true!|
|It's mostly likely Darwin forward selling shares they will want the share price a low as possible for conversion.|
|Quite a bit of selling today. Anyone heard/read anything relevant ?|
|That is an interesting example of globalisation not working efficiently.
The Auditors are part of an international network of some 200 independent firms but all trading under the umbrella of Crowe Howarth. it seems to be a USA set-up.
Crowe Horwath International
488 Madison Avenue
New York, NY 10022-5722
One of these firms is in the UK. This is the firm which was required to sign off the accounts for this British registered company.
Crowe Clark Whitehill (London) Ltd
52 Jermyn Street
London SW1Y 6LX
However, the firm which actually did the local audit is based in Malaysia.
Crowe Horwath International
Level 16 Tower C, Megan Avenue II
12 Jalan Yap Kwan Seng
50450 Kuala Lumpur
What the Board of Directors are hinting is that the 'difficulties' in preparing the accounts were in part because of a break down in communications between the London
auditors and the connected firm of auditors in Malaysia.
" Auditor limitations
Regarding the auditor's comments that it was not able to obtain all the information and explanations considered necessary for the purpose of its audit, the Company confirms that all information was provided to the auditor's partner company Crowe Clark Whitehill Malaysia, who carried out the audit in situ. However, the Company notes that Crowe Clark Whitehill in London was responsible for signing off the accounts and therefore must acknowledge certain limitations as the final signatory."
This rather suggests that GRPH needs to look for new auditors which can both conduct a local audit and can sign off reports.|
|Useful article on shale drilling in South West China (where GRPH/Scomi's contract to supply is).
'Suffering from exceptionally high levels of air pollution, China is committed to moving away from coal, which currently accounts for 64 percent of the country’s energy, to much cleaner natural gas. Developing the country’s huge shale resources – estimated by the EIA at 1,115 trillion cubic feet – is one way of achieving this target.'
|5X MKT CAP|
|27 March 2015
Graphene NanoChem PLC
("Graphene NanoChem" or the "Group")
Readily Biodegradable Result of The PlatDrill Series
Graphene NanoChem (AIM: GRPH), the performance nanochemicals and advanced materials company, is pleased to announce that after 9 months of independent testing of the PlatDrill Series by the Council of Scientific & Industrial Research - National Institute of Oceanography, India, a world renowned oil and gas research facility, it has concluded that at 84.81%, the biodegradation level of the PlatDrill Series is ~25% higher than the standard specified by the OECD guidelines. Based on this biodegradation rate the PlatDrill Series has been classified as "readily" biodegradable with a non-toxic ranking.
As offshore oil exploration increases, water and environmental contamination risks arising from the increased use of drilling fluids, gas and discharge of drilling waste mud and drill cuttings into the marine environment has resulted in more stringent environmental restrictions in the chemicals and substances used for drilling.
Biodegradation is an important characteristic of drilling fluids to ensure that the fluids do not persist in the environment for long periods of time and how quickly the site recovers from its discharge particularly for offshore drilling. "Readily" biodegradable refers to a substance that degrades efficiently and completely.
The readily biodegradable classification and non-toxic ranking of the PlatDrill Series enables the Group to meet the technical and environmental performance of modern days drilling requirements, helping the industry reduce its environmental risks and overall drilling costs from waste treatment savings. In addition, it also enables the potential market expansion of the PlatDrill Series into the highly environmentally regulated market such as the Gulf of Mexico.
Jespal Deol, Chief Executive Officer of Graphene NanoChem, commented: "The combined strength of the performance of our PlatDrill Series and its superior environmental profile is providing the Group a unique competitive advantage in the market as well as reinforcing the Group's commitment in providing green solutions to the industry."|
The PlatDrill™ Series is a new generation of high performance drilling fluids designed and tested to satisfy the demanding technical, as well as increasingly stringent environmental, requirements of modern day drilling. PlatDrill™ “smartfluid” solutions, produced from renewable sources and enhanced by graphene nanomaterials, are engineered to perform in a wide range of drilling environments including, at high-pressure, and at high-temperature, with improved biodegradability and low toxicity attributes.
The use of PlatDrill™ fluids system in drilling operations can:
reduce well formation damage;
produce thinner filter cakes;
reduce fluid loss into rock formation pores;
preserve original rock formation pressure;
reduce wear on drilling tools;
reduce negative impact to the environment.
|Does anyone know the composition of the drilling aids ?|
|Surprisingly muted response to that news. Thought we would be pushing on past 20p .
Well I bought a few more ..|
|53M 5X MKT CAP , BOOM TIME|
|I think there is a high possibility it will Re-list in Dec 2016|
|"Together with its existing contract in Myanmar, which will re-commence drilling in Q1 2017, the supply into China market is expected to fill up the Group's order book for PlatDrill in 2017."|
|Wow, that's an RNS Expected 300 Wells in next few years. Contact US$359,678 for 2 Wells! Basic maths not taking into account other expenses and discounts, potential earnings of US$53m, not surprised that they got finance|
|Yes mick an early Christmas present to me as well.|
|well thats 8.839p more than we were expecting. lol.|
|Graphene NanoChem, down 40%. The graphene products maker returned to trading on AIM after agreeing to issue up to GBP2.5 million in convertible loan notes under an agreement with Darwin Capital. Shares in the firm had been suspended when it delayed publication of its 2015 accounts and underwent a debt reorganisation earlier this year. The notes are convertible at a price of the lesser of 18.40 pence per share or 90% of the average of five daily average share price calculations selected by Darwin from the 20 trading days prior to conversion. Shares in the firm were quoted at 8.839p Friday.|
My reading is that the loan notes can be converted at the lower of 18.4375p and the current market price|
|Interesting to see that the load note if and when changed into shares is at a rate of 18.4375p per share|