Versarien Share Discussion Threads

[superg1] 16/3/2017 09:56

Does this help

Q4: You’ve explained some of the mechanics of the fundraising, can you give us some more detail on what Versarien PLC will be using the proceeds for?

A4: Yes, I think it’s fair to say that since we launched our product, Nanene and its own website, we’ve seen a dramatic increase in enquiries and the volume of those enquiries. What I’m worried about is that the business doesn’t get left behind and that not only can we invest in sales and marketing resources for all the new territories that are coming on board but also in terms of capital equipment for both the Nanene process, which emanates from the University of Manchester, but also to scale up the Cambridge process. There was a very very good announcement by the University of Cambridge the other day about high speed graphene printing and the proceeds of this fundraise will go towards capital equipment to set up a base at Cambridge.

We’ve got some fantastic opportunities to expand our production capabilities through larger kit that’s already been tested so this is not risky at all in any way and that will be going on at Cheltenham and we’ve also got the opportunity to set up a base and to start to really motor ahead with the Cambridge developments that have been announced in the last couple of weeks. So, both of those coupled with increased sales and marketing activity should result in great return on investment for our institutions, and also our private investors, and we’re hoping that that capability allows us to come back into the market over the next few months with some really really good news.

[superg1] 16/3/2017 09:50

SN

re

"There's no obvious need for more equipment"

Have you bothered to read the news and listened to the interviews post event.

If there was no obvious need there would have been no fund raise. That is no secret it was sated at the event they had cash to run for near 2 years it's the enquiries since launch that prompted the fund raise to scale up.

At 100 grams per day of few layer it's 25 kg on a 5 day week for 50 weeks.

So yes why would they substantially scale up when they can do 25 times what they sold across a year.

There is obviously a reason behind it which isn't yet news.

[superg1] 16/3/2017 09:45

Phoenixs

100 kg production runs or orders like that would be mind blowing. Just 100 kgs for a year would do me at recent prices as that is mind blowing too, at £20 a gram it would be great too. Yet the market so far has paid £400 per gram for research and over £100 per gram for up to 1kg.

[superg1] 16/3/2017 09:40

SN

Once again you are wrong. That's the problem with sitting in your chair not speaking to the company.

They purchased equipment to double up post order and went to triple and 4 times the original level by doing the extra shifts you state combined with the purchase.

I'm not guessing I have seen the equipment purchased at that time.

The cash will be used to purchase equipment to substantially scale up what they were doing as stated in the RNS.

I hope they put that out as news when it's done.

It's only weeks since the launch of the product, but following the test results they had an immediate enquiry and order which they took scaled up and met.

Orders and news about orders takes time

[phoenixs] 16/3/2017 09:33

the worst scenario would be if an order was placed and Versarien said "sorry, can't deliver for 12 months because we can only make 1 kilo a week." Just imagine the response from the likes of the international plcs. So the sensible way forward is to buy the equipment, set it up and start to produce "nanene" for stock. Potential client comes in , "We need 100 kilos production runs, how long for delivery?" How about 2 weeks delivery? QED.

[superg1] 16/3/2017 09:29

And another

CEO @neillricketts is a fountain of knowledge. PI's would do well to listen. Plus I hold loads of stock.


Note the "PI's would do well to listen."

That's what I keep saying, anyone serious about this company or seriously curious should attend any event they can to speak with the CEO.

[superg1] 16/3/2017 09:27

Another hint

Anyone got a line or full house yet?

Neill Ricketts‏ @neillricketts 20h20 hours ago
More
Exciting day at @cambgraphene @Cambridge_Uni #grapheneink really coming together as planned

[superg1] 16/3/2017 09:23

Roger

re

'Do we know how long the new equipment for increased capacity will take to arrive?'

It's not bespoke, it's off the shelf so lead times would be short imo. So they could do orders on the back of anticipated delivery.

At the open day the CEO said he could drop their current tech as a production unit up and running anywhere in the world in 4 weeks.

I don't know about the Cambridge ink method. It seems that method is not few layer dependent. I did ask at the event re capex and it was for production scale up of ink.

Hastings may be able to update re that post visit.

[supernumerary] 16/3/2017 09:19

roger - if you look at last November's order, you can see that they could increase production quite dramatically just by putting on a second shift. Or even a third one. There's no obvious need for more equipment, and NR hasn't said they'll be buying any, only that they now could, should they wish to.

Meanwhile, tumbleweed blows through the sales order processing department...

[rogerbridge] 16/3/2017 09:15

I totally agree S.G. we have a lead in more than one area, we have finance and shortly will have increased capacity.

Do we know how long the new equipment for increased capacity will take to arrive?

The possibilities for the Cambridge graphene inks are also mindblowing. I do not think the market connects Cambridge with VRS, some PR needed, maybe.
However orders speak louder than words.

We have had the fundraising and that is out of the way, the share price should be much higher fairly soon.

[superg1] 16/3/2017 09:04

I don't know what others think but an important part for me now is VRS getting some solid established professionals on the sales side to service the enquires they are seeing and convert the tremendous potential into orders. The CEO needs to get a team around him.

The sales pitch shouldn't be too difficult given the verification and proof VRS have for their products. For a sales team it's into a sector with limited or in some cases no current viable competition.

[superg1] 16/3/2017 08:34

Dupont news mid last year on a new ink

DuPont’s newest conductive ink, PE410, enables rapid prototyping and a smooth transition from “lab to fab” with the versatility to scale up to industrial high-volume inkjet print heads and machines. This allows circuit designers to immediately test a new design, quickly make necessary edits, and, due to reduced silver laydown, save on material costs. The technology also can be adapted to non-planar printing, enabling a series of new and emerging applications.

So they were excited about a new method but for silver inks. Interesting that Cambridge call the industrial graphene ink 25 time cheaper.

I'm going to look into Dupont a little more but you can see how a company like them would be exited about industrial scale viable cheaper graphene inks, or anyone looking to compete with or get ahead of Dupont.

[superg1] 16/3/2017 08:20

Hunting around I dropped on this by chance from Dupont.

You can see how excited they are about printed electronics. They were pleased about getting their print to dry at 60 C.

They talk of 50% costs savings in vehicles and 70% lighter

They did't mention outright 100% graphene ink but mentioned a carbon mix. As I recall VRS ink dries under normal temps and virtually instantly as it prints at 100 metres per minute.

[superg1] 16/3/2017 08:08

If you start at 39 mins on that video you will see a novelty chocolate box which was produced to give out at a party in the US.

It's just cardboard but linked up gives a good idea on how such printed times can work. I can be done on packaging, posters, magazines, sales prompts, ads etc etc etc.

[superg1] 16/3/2017 08:03

BTW

Others may claim to have ink. The NGI does but says it's years behind Cambridge.

The key is obviously the production process, water based, using standard equipment and 100 metres per minute.

EG I checked out one ink source and you have to wait 6 minutes for it to dry. With the NGI further issues as it has to be compressed after printing to get results and that was a slow time painstaking printing. The Cambridge method is a considerable breakthrough and reflected by those guys that joined the debate.

In fact the Novalia are in this video and they produce a flexible printed roll which they said can be done ta 100 meters per minute. That is the Cambridge method used by Novalia.

It's a long video but what you are looking at is Cambridge graphene ink used in various processes and it gives a great insight into the potential.

[hastings] 16/3/2017 07:58

Had my visit to the Graphene Centre yesterday 2 hours with the Professor, Mark Shepherd and Neill and time flew. To be honest I was blown away, the operation across the board was top notch.Extensive write up to follow in due course, suffice to say I concur with the view on Cambridge Graphene Ltd, excellent purchase.

[superg1] 16/3/2017 07:51

I was in for the GNPs and further via primarybid where I suspect I picked up near 10% of what may have gone to PIs. I'm not alone there others that have done the same. But I did that on the back having taken the time to attend open days and the like as extra info (not inside) was available via that route, such as production and costs.

It's with those facts you know that things potentially are far different compared to those that try to judge things from a point of weakness on their knowledge of the company.

Cambridge ink was a bit of a mystery to me at the start but it's starting to look like an outrageous bargain for VRS.

[rogerbridge] 16/3/2017 07:38

Good find SG

[handygandhi] 16/3/2017 07:28

Great research superg.
Makes for very interesting reading, many thanks.

[superg1] 15/3/2017 22:36

Just spotted this so that would explain partly why VRS are getting enquiries as folk in the sector do pick up on these things.

Folk from US UK and France discussing it some in the printing industry.

The French guy

'As it is, the inventors are to be commended for superb feat of technical ingenuity.'

Click on the various names that comment, you will see where they are and what they do.

US based

Zina Cinker, Ph.D.
Graphene Research and Development
3w
Conductive graphene ink is produced through a water-based process and is suitable for commercial applications. As a matter of fact..the interesting thing is that although the scientific paper was just published in ACSNano, the technology has already been commercialized via Cambridge Graphene, a University of Cambridge spin out company recently acquired by Versarien ! That is an amazingly short lab to market time for graphene...well done.

[superg1] 15/3/2017 22:00

On the point of not knowing about VRS.

The Goldman sachs report came out in Sept 2016.

They had a list of graphene players (public) which from the UK included.

Haydale
Applied graphene materials
Graphene nano.
Directa plus


No trace of VRS or 2D tech.

But they did pick up on this

Paints and coatings, printing and packaging: Conductive printing and packaging is another
potentially promising area of graphene use. A UK-based technology company, Novalia,
together with researchers at University of Cambridge, recently developed a graphene based
conductive ink that could be used on a large-scale commercial printing press at high
speed – a development that could potentially replace silver. A successful commercialization
of graphene ink could mean cheaper printable electronics, but would also open up
potential applications for smart packaging and disposable sensors.

[superg1] 15/3/2017 21:23

Sore heads tomorrow then, I nearly had to carry a friend home who drank something similar recently.

[superg1] 15/3/2017 17:38

Obviously it's all down to sales and we know the rough price they got on the last one which was over £100k and under 1 kg.

Before they could do 100 grams per day. Research gram level £400 per gram and bulk towards a kg over £100 per gram.