Directa Plus Share Discussion Threads

[bad gateway] 18/3/2021 07:57

Could be a reaction to the share price coming off, whatever, great to hear both setcar oil recovery business and the nextech battery partnership are doing well.

[crues123] 18/3/2021 07:51

Rockstar, they can’t win can they with that comment. They used to be criticised for having too little news. Last few months they have issued several trading updates showing progress on a range of issues and increasing income. If they needed to raise cash I’m sure they could but latest broker note indicated they wouldn’t need it as far as I remember

[rock star] 18/3/2021 07:29

Strange time to put out a Q1 trading update. It’s the norm to put out trading statement after the quarter has ended.

Do they have cash? Are they about to do a fund raise?

[bad gateway] 09/3/2021 08:12

NonRNS but seems to have halted the decline this morning.


Tuesday 09 March, 2021
Directa Plus PLC
Successful Absorption Evaluation Test
Successful Absorption Evaluation Test



Study finds zero absorption of G+® graphene, underlining safety for textile applications

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets, is pleased to announce that it has received another positive test result relating to the potential for absorption of the Company's pristine graphene nanoplatelets powder (Pure G+®) through human skin. This latest in vitro test showed that there is no absorption potential for Pure G+®, taking the total number of positive in vitro test results to eight.

The study was carried out by an independent third party and followed the standards of OECD 428 ("In vitro evaluation of the absorption potential of a product throughout reconstructed human epidermis"). The purpose of the test was the evaluation of the skin absorption potential of Pure G+® through an in vitro reconstructed human epidermis. Pure G+ was applied on the tissue surface for six and 24 hours and at the end of the experimental time, a calculation of the quantity of Pure G+® graphene that had penetrated through the epidermis was performed.

The acquisition of further successful results from in vitro tests of the Company's hypoallergenic, non-toxic products is vital for their use in textile markets where customers have to be certain of the safety of the apparel they produce and market.

Directa Plus has continued to launch its own branded clothing collections with the latest available at:



Giulio Cesareo, Chief Executive of Directa Plus, commented: "Our suite of successful in vitro tests proves to customers in the textile industry that they can safely adopt our products to create exciting new garments enhanced by our graphene products. We will continue to ensure that our products are tested to the highest possible standards before releasing them to our target markets, in keeping with our core values."

[volsung] 11/2/2021 12:55

Wish my VRS would follow my other graphene stocks in a broadly upwards direction!

[beergut] 11/2/2021 12:54

I can see this company heading to £6.00 in the near term, just too much going on.

[bbluesky] 11/2/2021 11:08

I certainly hope not! Within 5 years I see it at £10?? Hard to put a value on what they have and where it will go, but unique stocks like this don't come around every day. Enjoy the ride on the Directa Plus spaceship!

[2dinvestor] 11/2/2021 10:59

I was just thinking the same.

[beergut] 11/2/2021 10:48

Are we in takeover territory?

[bbluesky] 03/2/2021 19:09

Good volume yesterday and today and looking at the chart new recent high and "the longer the base the bigger the move". Much has happened in the last 2 years..Reminds me of a batsman ahead of a century. Hopefully, double hundred+ ahead.

[bbluesky] 03/2/2021 07:23

Is today's RNS the one to kick DCTA upstairs? GLA

[bunz3] 02/2/2021 15:29

UP 4% ,also at gdr ,where so annoying when trying to get buy quote after last weeks rns

good to see how dcta moving up more Today

[bunz3] 01/2/2021 11:08

Number of sellers this morning ,was at gdr ,so annoying there trying to get a buy quote after last weeks rns ,they look to be running so low with available share supply ,thankfully dcta can get share quote
hoping 2021 is good year for good news flow here at dcta

[bad gateway] 30/1/2021 14:43

Agree it was a good finish yesterday. I was expecting a drop given the false rise that was indicated after thursdays end of day trade.
Sad it didn't happen actually, wanted more before they get the batteries to market.

[bunz3] 29/1/2021 18:40

nice to see a good finish when so many other shares in red Today
again seeing a sell off at so many different shares

[bunz3] 29/1/2021 15:37

share price holding better than some shares Today ,as looks to more of a sell off across shares

[beergut] 22/1/2021 10:55

With Biden in office perhaps Directaplus can clean up all the closed oil wells over the next few years. They could give jobs to the oil works

[bad gateway] 22/1/2021 09:22

Courtesy of Trek from the LSE.
One hell of a market for them..

Cenkos note out...Today 08:34
Directa Plus has had its contract with OMV Petrom extended and increased. The contract, initially awarded in July 2019, was for the provision of decontamination and oil recovery services using the Company’s proprietary Grafysorber® technology. The initial value of the contract was €150k (of which €75k was delivered and invoiced in 2020) and this has now been increased to €410k, the balance of which is expected to be fulfilled by June 2021.
? On the basis of the better than anticipated trading from Directa Plus in 2020 (revenues of €6.5m compared to our forecast of €5.5m, which reduces the perceived funding risk), and appreciating the global potential for Grafysorber following the results with OMV Petrom and Lukoil (discussed in more detail below), and with the OMV contract significantly extended today, we increase our DCF based price target to 160p (from 122p) through a reduction in our discount rate to 13% (from 16%).
? Comment: In its trading update on 11 January 2021 Directa Plus announced that its project with OMV Petrom has been successful in treating high volume emulsions from upstream drilling activities and transforming a waste stream into valuable hydrocarbons clean enough to return to the refinery for processing. In our report on the trading update we estimated that the proposal to increase capacity to process 2000m3 per month, as confirmed in the contract extension today, this production capacity would recover hydrocarbons worth around $150k per month. With such impressive performance transforming the waste into value, it is unsurprising that OMV has rapidly agreed an increase contract value to around €55k/month for Directa Plus’s subsidiary Setcar.
? The potential value of the Grafysorber environmental technology globally is very significant indeed and we believe this is not yet appreciated by the market. Estimates for global water/emulsions produced from the oil and gas industry vary greatly, at one end IFP Energies Nouvelles estimates it around 300 million m3 pa (1,890mmbbls pa). At the other end the EIA estimates around 3 barrels of water/emulsion are produced per barrel of recovered oil, leading to an annual figure that could be as high as 12,400mbbls pa. Assuming a similar hydrocarbon recovery rate as with OMV of c25% (as calculated using information from the 11 January announcement), and a discounted oil price of $38/bbl (30% discount as per a low-quality crude to be conservative), the potential annual value of oil that could be recovered globally by the unique Grafysorber technology from treating emulsions is estimated to be between $18bn and $120bn per annum.

Part 2

The announcement last week also noted the economic recovery of valuable hydrocarbons from sludges had also been demonstrated in 2020 with Lukoil. With annual sludge production from refineries estimated at over 100mbbls per annum and a higher recovery rate over 70%, this is another multibillion opportunity for Grafysorber. Further to this, a number of sources* estimate global volume of oil sludge waste in tanks, lagoons and pits around the world at around 9bn tonnes. Recovering the c20% usable hydrocarbons from this with Grafysorber could extract up to $0.5tr of easily accessible hydrocarbons.
? We iterate our view that Directa Plus is an underappreciated, undervalued and more mature and lower risk play in the UK listed environmental technology and nanomaterials space. The accelerated commercialisation of its patented Grafysorber technology (granted in EU and USA) alone could be worth many multiples of the current valuation. We appreciate that commercialisation with the conservative international oil and gas sector will not be immediate, but with commercial results such as that with OMV and Lukoil proving the value proposition, monetisation could happen sooner than is reflected in our model (which only assumes steady growth through Setcar).
OMV Petrom Contact
The contract with OMV Petrom relates to oil recovery from existing high-volume emulsions stored in the OMV Petrom Tank Farms in Romania. The project was paused in 2020 as a result of the pandemic but resumed in November 2020 and this month saw the treatment capacity increased to 2,000m3 of emulsion per month. The extension has been agreed on the basis of the positive results to date of the Grafysorber® technology.
Grafysorber
Directa Plus’s patented Grafysorber® technology is a commercially-available graphene-based solution for treating water sludges and emulsions containing hydrocarbons and is at least five times more effective than current technologies – adsorbing more than 100 times its own weight of oil-based pollutants. In addition, Grafysorber® is sustainably produced, non-flammable and reusable, with the adsorbed hydrocarbons recoverable.

[bad gateway] 22/1/2021 08:02

Shame i sold a few but not a bad extension to the contract and with its success wouldn't bet on them not getting more.

[bad gateway] 21/1/2021 09:01

Sold a few this morning as well. Bit worried abut news coming on the battery front out the blue but these deals do tend to take forever so derisked a tad.

[bunz3] 21/1/2021 08:58

now out ,as more sell ,moved money to ggp ,after yesterdays big share price drop

and wuith more news expected over there

was a nice move up ,well done to all who seen a nice rise in value of shares

[beergut] 18/1/2021 08:21

Looks like we hit a new near 4 year high today and closed a gap back from April 2017. If you're in to that sort of thing