Graphene Nano Share Discussion Threads

[leedskier] 14/7/2015 13:42

Greetings Robin, I thought I would break radio silence ... ;

As Jespal keeps advising, State Owned Oil Companies, with which Scomi has close ties, no doubt reflecting its strong political ties in Malaysia, DO NOT make long term strategic decisions based on the current oil price.

Sure they may reduce costs at the margin, but they will not stop exploring or drilling.

Nor will the five oil super majors.

From first drill to production can take several years, and these oil companies, have to plan for the long term.

[rob67] 14/7/2015 13:28

I see we've been totally high jacked these last few days. Never worry they soon be gone like the chaff they are

[leedskier] 14/7/2015 13:14

Rubbish.

You simply have no idea what the Company is intending to do. But one thing is for sure, with the Directors holding some 50% of the shares, any decision will reflect that.

Incidentally those shares reflect real money -- some £39 million injected into the company some years ago.

[john henry] 14/7/2015 12:54

The BOD, especially the FD have been a shambles. Any Fund raising should have been done months ago. It's likely that part of the long term financing will include a debt for equity swap anywhere between 10-15p. Fund raising also around these prices. What a bunch of irresponsible amateurs. LT holders will be livid, mind you all the IIs are long gone leaving retail to carry the massive loses and dilution.

[bearbulls] 14/7/2015 12:03

This is a sell for now in my view.
Fund raising exercise in this market is not easy.
I reckon 10p per share for its financial restructuring.

[bearbulls] 14/7/2015 11:53

Fund raising at what price. 10p 12p 14p.

[bad robot] 14/7/2015 11:11

Yeah cottoner

That's actually the good part. LOL



cottoner 14 Jul'15 - 10:48 - 6781 of 6782 0 0

cont'd

Meanwhile as announced in June, the Group is continuing its financial restructuring exercise including negotiating with its current finance providers to convert near term liabilities into longer term debt as well as prepare for its fund raising exercise, to ensure a well-capitalised position for the Group during its market development phase.

The Group will update the market on the progress of the above corporate exercise accordingly."

[cottoner] 14/7/2015 10:48

cont'd

Meanwhile as announced in June, the Group is continuing its financial restructuring exercise including negotiating with its current finance providers to convert near term liabilities into longer term debt as well as prepare for its fund raising exercise, to ensure a well-capitalised position for the Group during its market development phase.

The Group will update the market on the progress of the above corporate exercise accordingly."

[bad robot] 14/7/2015 10:46

For Immediate Release 14 July 2015

Graphene NanoChem PLC

("Graphene NanoChem" or the "Group")

New Well-Drilling Programme in Turkmenistan

Graphene NanoChem (AIM:GRPH) is pleased to announce a significant milestone of its product rollout plan with the award of a trial well by a leading Middle Eastern oil company as part of the phase 1 deployment of its Water-based Drilling Additive in Turkmenistan under Scomi Oiltools' current 3 year onshore drilling contract.

The Water-based Drilling Additive, which provides superior performance in reducing torque and drag and enhances rate of penetration in drilling will be used by Scomi Oiltools as part of the key formulation of their new High Performance Water-based Mud technology, HyperDrill System. The Water-based Drilling Additive, specifically formulated for a deviated horizontal well drilling, is seen as the ideal solution to overcome the challenging conditions of the deviated wells developed by Scomi Oiltools under the said contract.

This trial well phase will form part of the drilling programme for a targeted deployment into an additional 8 - 10 wells in phase 2 before the end of 2015.

Scomi Oiltools is also expecting to participate in a new tender to be issued by the aforementioned leading Middle Eastern oil company in Q4 2015 for the 2016 - 2019 drilling programme in Turkmenistan using the HyperDrill System.

[bad robot] 14/7/2015 10:41

Makday

STFU you dope, put your fingers on the buy buy buy button. Remember that's 120% gain on REH courtesy of BR. Just get in line. The gippo will be proud of her hubbby Makday tonight.


IN BR WE TRUST

[dynamohum] 14/7/2015 10:40

Don't shout, it's rude

[bad robot] 14/7/2015 10:33

makday you dope as you stated it was yesterday posts, now we have news. There was liquidation yesterday. You can't exactly berate "the One" for being correct from 55p down to 12p

Now send the gippo over

IN BR WE TRUST

[colin12345678] 14/7/2015 10:33

Anyone know how many shorts are open?

[dynamohum] 14/7/2015 10:32

This bit is realy important, it allows for positive sentiment to return.

the Group is continuing its financial restructuring exercise including negotiating with its current finance providers to convert near term liabilities into longer term debt as well as prepare for its fund raising exercise, to ensure a well-capitalised position for the Group during its market development phase.

The Group will update the market on the progress of the above corporate exercise accordingly."

[bad robot] 14/7/2015 10:31

The market is happy now the panich selling from 34p to 12p in 4 weeks has ended.

Just chill and enjoy your 100%-150% gain the next week or so.


IN BR WE TRUST

[bad robot] 14/7/2015 10:29

Graphene NanoChem PLC

12 June 2015


For Immediate Release 12 June 2015

Graphene NanoChem PLC

("Graphene NanoChem" or the "Group")

US$28 Million Tender Award for the PlatDrill Series

Graphene NanoChem (AIM:GRPH) is pleased to announce the successful tender award by a major national oil company for its oil-based drilling fluid, the PlatDrill series, valued by the Group at US$28 million.

A "smart" fluid, the PlatDrill Series offers an attractive, environmentally friendly high performance drilling fluid solution that satisfies demanding technical requirements of modern day drilling including in high temperature high pressure operating environments whilst maintaining its biodegradability and low toxicity functions.

Product deployment is expected to commence in Q4 2015 for an initial period of three years.

[dynamohum] 14/7/2015 10:26

The revolving credit facility which was payable within 1 year is being restructured into longer term debt, this is what had the market spooked, now with that seemingly close to being sorted the share price should recover a lot of ground pre a new fundraising, so IMVHO the share price could go back to circa 30/40p so a decent new amount of capital can be raised.

[swooped] 14/7/2015 10:25

For once and probably only once will I agree with Bad Robot, but yes now is the time to buy, good news and I expect the fact that they are happy to discuss fund raising it will be no surprise to see cash raised at well above these prices.

[dynamohum] 14/7/2015 10:15

Tides going out Canute, you can come back now😎