Versarien Share Discussion Threads

[grabster] 25/9/2018 17:32

"...He also talked about the 'Government Angle' - and pointed out the value of their 'little black book' of connections and "High net worth individuals willing to invest" (I wondered if this is how we found our new cornerstone investor)..."


Theresa May is married to Philip May, an investment banker currently employed by Capital International. Due to her position his role there is customer care related at present - but he must have contacts who also have contacts..

[johnveals] 25/9/2018 17:31

I wouldn’t read too much into “burning cash”, it is just a turn of phrase and doesn’t imply anything out of line or excessive, it’s what companies do before turning a profit.

[woodpeckers] 25/9/2018 17:22

One other point..

He was asked if he would like to have manufacturing facilities all around the world and replied that that would be the preferred route because of retention of IP but they would need different models depending on the territory because of politics, funding etc. He made a few 'random' comments throughout with similar themes , he wanted to 'deal with the whole supply chain', 'Being a graphene producer is not enough', he wants to 'protect the IP around applications'.

He also talked about the 'Government Angle' - and pointed out the value of their 'little black book' of connections and "High net worth individuals willing to invest" (I wondered if this is how we found our new cornerstone investor).

[sonsonnyjim] 25/9/2018 17:20

Certainly seems like China top of the agenda. US accreditation not hinted as being close, but is being worked on

[chumbo1] 25/9/2018 17:09

I wonder if we should be concerned that we have a CEO that believes Wales is the best country in the world. Apart from that everything he said was credible.

[pulledpork] 25/9/2018 17:03

Thanks woody. Covered everything. Just a few tiny bits to addGnanomat:Lab level results great. At some point they will publish a presentationCapacity:3t not for orders, when big orders come in they need to bring in more machines, longer lead timesISO: Neill said it was a misunderstanding when he said news were imminent he was taking about the new hire (Denis Koltsow) from the ISO tc 229 group. Brexit: irrelevant for VersarienBruno: Chinese national, Cambridge graduate, working in China, bringing up new potential clients almost every week. Supply chain: trying to get involved in the whole supply chain e.g. Gnanomat sits between vrs and zap & goWales: speaking to them for years, he'd like to have manufacturing in the 'best country in the world' but it's very early daysSuccession planning:Team strengthened massively over the last 12months. At some point as he said before he'll pass it on to someone else but arm is all too exciting.

[woodpeckers] 25/9/2018 16:55

I think it's a mixture of provinces and companies...

[woodpeckers] 25/9/2018 16:54

chumbo, I picked up on that comment but do wonder if he was talking historically? I wouldn't be surprised if we are but the way it was said could have been referring to the last set of accounts... Anyone else any thoughts on this?

[luminoso] 25/9/2018 16:52

Was it Chinese companies ? I thought I heard provinces - ie like Jinan.
Maybe both ?

[chumbo1] 25/9/2018 16:44

Grabster- I don't know if it's been covered but Neill mentioned that we are still burning cash.

[graphite bot] 25/9/2018 16:43

Neil said first trip to America will be on 13th Oct. he was desperate to stop Peter from saying to much. Threatening to rugby tackle him if he got to close to spilling the beans. Said Whitehall had a massive press office ready to report good news when it comes. he said he has been avoiding America as to busy with China and others. David was asked if he thought we were close to receiving our first major order and indicated that he thought it would not be long . Bruno is an Asian guy that was educated in Manchester or Cambridge university. Who is living in China. He is currently working with Peter. Gnanomat are already working with. zap and go. And have many interesting collaborations of there own which Versarien can help via the purchase. Neil said he would like to go to America with a Chinese order in the bag and be able to say. You are behind. China would you like Versarien to help the US to catch up. The David stopped Neil and reminded him some of the American collaborations are massive. Neill said there was no plan in place to build a factory in Wales. But he has been speaking to welsh government for 4years. The new machine will arrive in December and installed in the factory in Cheltenham. We are talking to substantially more than 30 Chinese’s companies I left feeling Very very positive. I don’t think we have much longer to wait re China

[john henry] 25/9/2018 16:42

Thanks for all the AGM feedback guys.Much appreciated.

Would have love to have been there. However My holdings is in Spread Bets so unable

to attend.

[occultusverum1] 25/9/2018 16:42

MOU is legally binding

[horatio4] 25/9/2018 16:41

Yes, brilliant Woody. Thanks very much.

[rafboy] 25/9/2018 16:37

Thanks sonsonnyjim.

[festario] 25/9/2018 16:34

Errrm... LOI or MOU... which is the stronger , I'm lost seriously.

[richie32] 25/9/2018 16:31

Very consistent reports coming out of the AGM. Many thanks again for taking the time!

[sonsonnyjim] 25/9/2018 16:29

Rafboy - Neill made it clear that sorting China gives us leverage over USA

[psxtalks2u] 25/9/2018 16:26

Woody.....Perfect set of notes, bang on!! share price still holding up well in my opinion!