Graphene Nano Share Discussion Threads

[john henry] 25/11/2015 18:04

corporate exercise equals Placing

[miavoce] 25/11/2015 09:20

Increased my holding today. The tone of the note was sufficiently positive to lead me to believe that a successful outcome to the funding will be achieved. If there is a share issue to raise funds it may well be below the current market price, but the benefit of having a more robust balance sheet will, I believe, result in an uplift to the share price

[jovi1] 25/11/2015 09:03

Roddy not blame you, I am in already and I will sit tight but until funding I will not get more

[marketeer4] 25/11/2015 08:38

Will today's RNS bring the bottom to the decline. A further £500,000 of revenue stream in 2016 and a hint of an early positive outcome to the future financing of the company. Those with any savvy and cash could well see a never to be repeated opportunity!!!

[roddyb] 23/11/2015 15:53

jovi1 - Looks like you might be right? bid/offer getting tighter but I am too scared of this dog for fear of being bitten - good luck to all.

[jovi1] 23/11/2015 15:11

something happening i sense.....but i have been very wrong before

[bill182] 20/11/2015 11:57

Extract from the results:

"The Group is in the process of raising additional funds through a corporate exercise and continues to engage with its financial partners to further enhance the Group's financial platform thereby providing us greater flexibility and speed to address and execute our business and growth opportunities."

[bill182] 20/11/2015 11:50

A reversal will come when they announce the terms of the re-structuring of the debt and the fund raising. From memory, they have been working on this since the early part of the year.

[marketeer4] 20/11/2015 11:10

A reversal in the downward trend will come but when?

[miavoce] 20/11/2015 09:26

Net position (sells minus buys) is 8k sells ie less than £1k. Markdown of 8%. Both yesterday's and today's markdowns are hugely overdone compared to the actual net level of selling.I don't even think there is a big sell order in the background as mm's only actually move the price in response to sells which are executed.Volume is too low for a leak as previous poster said. My diagnosis is twitchy mm's who simply don't want to hold any stock so drop the price sharply at the first hint of selling.

[rob67] 20/11/2015 09:12

Distressed seller in my opinion as volume too low to be a leak

[john henry] 20/11/2015 08:31

Distressed seller or knowledge of funding??

[jovi1] 19/11/2015 11:46

i hope you are right i am more worried when share go down without news that with bad one especially with this one that as form

[miavoce] 19/11/2015 10:36

Hi forwoodI'm thinking similar - probably an over reaction by nervous mm's triggered a reaction by a few nervous holders - will wait and see what happens over the rest of the day but seems to have fizzled out.

[rogash] 19/11/2015 10:34

forward, it might be if we could get news on all the contracts that are supposed to be signed in the final quarter, and on the so called imminent financing.

[forwood] 19/11/2015 10:28

Had this on my radar for some time and bought in on this dip. Am guessing that the first 100k sale this am, at a 10% discount, was a distressed sale by someone who couldn't wait for the share price to come good. The next sells were by spooked weak holders. After all, a non-performing share that drops 10-20% o day when shares are generally well up is spooky!

If the sells were due to a problem not yet reported to the market, I think we'd have seen a lot more than the few thousand reported here.

I expect these will be back up to c 13/14 in no time!

[miavoce] 19/11/2015 09:09

Seems a bit disproportionate that sells amounting to about 50 grand can knock a million and a half of the market cap. Mm's very twitchy.

[pugugly] 19/11/2015 09:04

Still heading down - Looks as though DH? target may be met - L2 has heavy weight of sellers stacked and from ADVFN analysis I guess there could be a SELL tip around or a medium sized holder has decided to cut losses.

On the fundamental front NO real product news as to why the improved technology is a MUST USE.

Comments ??

[miavoce] 19/11/2015 08:50

You might well be right on that Jules.

[juleshoddy] 19/11/2015 08:50

miavoce - maybe shoulda waited ?

[leedskier] 19/11/2015 07:09

After 9 months of rigorous testing, the PlatDrill Series
has been effectively classified as "readily" biodegradable
with a non-toxic ranking by the National Institute of
Oceanography, India. At 84.81%, the biodegradation level
of the PlatDrill Series is 25% above the minimum standard
specified by the Organisation of Economic Cooperation
and Development Guidelines.

The "readily" biodegradable classification validates
the unique value proposition of the PlatDrill Series
in meeting both the technical and environmental performance
of modern day drilling requirements, helping the industry
reduce its environmental risks and overall drilling
costs from waste treatment savings. In addition, it
also reinforces the Group's commitment in providing
green applications to the industry and providing a strong
technology platform for the potential deployment of
the PlatDrill Series into highly environmentally regulated
markets such as the Gulf of Mexico.

-----

A major operational milestone for the Group is the
signing of a testing agreement with a European oil major
in Q1 2015 for the potential blending of the incumbent
product with our PlatDrill Series to improve its environmental
profile. Testing by the oil major is currently ongoing
and expected to be completed by Q4 2015. The programme
has the specific objective of targeting deployment into
a strategic market with stringent environmental criteria.
The success of the blending programme will provide the
Group with global market reach and will increase the
sales growth for the PlatDrill Series via the sales
and distribution channel of the oil major.



-----------------------------

Whilst it is pure speculation as to whether the European oil major is Shell or one of the other two European IOC5, reading the extracts above and below together, it could be Shell, an existing client of GRPH.

Graphene NanoChem (AIM: GRPH), the performance chemicals and advanced materials company, is pleased to announce that Scomi-Platinum Sdn Bhd, its joint venture company, has signed an agreement with one of the world's top 5 international oil companies ("IOC") for the testing and evaluation of the PlatDrill Series.

The agreement with an IOC that operates across the entire oil and gas industry value chains and markets, marks a significant milestone of the phased expansion of PlatDrill into new regions.





Which brings me to this announcement yesterday regarding Shell's successful completion of the drilling a single well in the Gulf of Mexico leading to the discovery of an additional 100 million barrels of oil to add to its existing portfolio in that region.



Again it is pure speculation, but it would be very encouraging to discover that it was Shell testing Platdrill and testing it in the Gulf of Mexico.

Given the testing was predicted to be completed in Q4/2015, I guess we will not have too long to wait to discover all about it.

I seem to recall that there was mention by the CEO of this testing program by the CEO in his end of September Proactive Investors presentation, when he was asked about eggs and baskets.

[miavoce] 18/11/2015 22:46

Hi all

I've recently invested here (the flurry of early buys on Monday).

Having looked back over the news releases etc it is clear that the company has under delivered historically, but it now seems to have a decent set of products which are very relevant in the context of the oil producers needing to cut costs. The partnership with Scomi is also a real plus in getting these to a wide market (although this 'single major partner' is also a risk which I know the company are looking to mitigate).

The main issue now is, as you all clearly know, funding. If a good funding solution is found then I would hope to see the price recover fairly readily, particularly as the growth in product sales becomes more evident (obviously it is going to be a long time before it gets back to the previous heights, but the valuation of the company is now so low that there is significant recovery potential if the funding news is good). If a poor solutions found then clearly it is likely further impact the share price.

I see the relative stability in the share price since the news that funding discussions 'are at an advanced state', coupled with recent low volumes, as a positive sign. In my experience if things were going badly the news usually leaks out and the price falls as shorters take positions in advance of the bad news hitting the market, so I'm seeing the price stability as sign that the process is actually going OK. Obviously it is a bit of a gamble, but hopefully I am on the right track.

Anyway, good luck to all holders, let's hope the funding is resolved soon and in a satisfactory manner.

[john henry] 18/11/2015 10:33

Funding issue still an issue and taking quite sometime to sort.