Versarien Share Discussion Threads

[adejuk] 05/11/2018 07:26

he's just being realistic
total security is impossible
as far as possible is as far as possible

[owenga] 05/11/2018 07:25

Did say towards the end that Jinan is still progressing well. Been a long time though..This second agreement might push Jinan forward more quickly now. They won't want to lose out to another city.

[joeblogg2] 05/11/2018 07:25

The ip cannot be protected forever but Vrs with its link will always be 1 step ahead!!

[pandar] 05/11/2018 07:21

I'm a very happy long term holder

I like the update on the Chinese situation with one exception

"and in doing so we should seek to protect, as far as possible, the Company's IP as well as conclude the best deal for Versarien and its shareholders"

In my opinion, the IP needs to be completely protected

My Chinese friends (both lecturers in Engineering) have assured me that the Chinese government WILL steal the IP, if at all possible

[davemac3] 05/11/2018 07:19

Maybe at some point, disappointing

[loglorry1] 05/11/2018 07:16

What a pile of rubbish this RNS is



They've gone from the Chinese want to build us and pay for a free £55m factory/facility to we are still talking and have signed another non legally binding agreement.

To me this just looks like they are saying they want to do and are trying to do business in China.

Neill I think you also spelt Jinan (English version anyway) wrong at the end of the RNS I hope they are not offended.

[club sandwich] 05/11/2018 07:16

"Going to be very big in China"

yeah - except given the average age of people on this BB half of us will be dead before it happens...

[adejuk] 05/11/2018 07:15

kurt
vrs is not a pop-up shop

[joeblogg2] 05/11/2018 07:14

Shandong up and running!!

[amt] 05/11/2018 07:13

another 23 cities or companies in China, a number which has since grown

Going to be very big in China

[shammytime] 05/11/2018 07:13

Club having another strop this morning...

[club sandwich] 05/11/2018 07:11

"and in doing so we should seek to protect, as far as possible, the Company's IP"

a considerable softening of his previous position...?

[captain_kurt] 05/11/2018 07:10

Orders would have been more prefered instead of more talks.

[adejuk] 05/11/2018 07:09

kylie time anyone?

[club sandwich] 05/11/2018 07:07

"We are conscious that we need to establish formal relationships with the most appropriate parties"

doesn't say when. back to waiting: after all, they've only had 11 months with Jinan...

[psxtalks2u] 05/11/2018 07:05

Versarien plc

("Versarien" or the "Company")

China Update

Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to provide an update on the Company's activities in the People's Republic of China and specifically in Shandong Province.

Jinan Manufacturing LOI

As announced by the Company on 15 January 2018, Versarien entered into a non-binding Letter of Intent ("LOI") with the Shandong Institute of Industrial Technology Fund, Jinan Qing Na Material Technology Co Ltd and Jinan Innovation Zone Administrative Committee with the view to establishing the "China-UK Jinan Graphene Industrial Park" in the Jinan Innovation Zone, Shandong Province, China.

Detailed discussions with the various parties in Jinan are progressing and detailed consideration is being given as to how a Jinan facility would fit with the Company's overall China strategy. As previously reported, the Company has also established a wholly owned Hong Kong company which will be used as the platform for joint ventures in other Asian countries.

Framework Agreement with Qingdao MBC

Versarien is pleased to announce that on 4 November 2018 it signed a Framework Agreement with the Qingdao Municipal Bureau of Commerce ("Qingdao MBC") in Shandong Province, China, covering cooperation between the parties in the fields of graphene research, development and industrialisation, including the potential establishment of a graphene focussed operation in Qingdao for Versarien.

Qingdao, is a major city in Shandong Province, China, with a population of over nine million people. It is one of the major areas of graphite production in China and is developing as a Chinese centre of excellence for graphene, with an already established graphene industry innovation demonstration base.

The Framework Agreement with Qingdao MBC, which is not legally binding, covers the intended areas of cooperation between Versarien and the Qingdao MBC, which include:



· The parties intend to engage in mutually beneficial cooperation in the field of graphene development, research and industrialisation;

· Versarien will use Qingdao as one of the Company's principle places of business in China to develop the Company's Chinese market;

· Qingdao MBC will assist Versarien with establishing partnerships and business relationships with Chinese enterprises, including providing assistance in identifying any appropriate strategic investors; and

· Qingdao MBC will assist Versarien with the establishment of a China-based operating company in the form of a "Sino-foreign cooperative enterprise" or "Sino-foreign joint venture" (the "Venture"), which may include Qingdao MBC making capital contributions to the Venture.



Neill Ricketts, CEO of Versarien, commented: "We are making significant progress in developing our relationships in China, both with government bodies and industry. Our discussions in Jinan regarding establishing the "China-UK Jinan Graphene Industrial Park" continue to make good progress and I am pleased that we have signed another agreement in Shandong Province to progress our Chinese plans.

"As I stated in our annual results published in July 2018, the announcement of the LOI in Jian led to significant interest from other parties in China and resulted in possible links with another 23 cities or companies in China, a number which has since grown. We are conscious that we need to establish formal relationships with the most appropriate parties and in doing so we should seek to protect, as far as possible, the Company's IP as well as conclude the best deal for Versarien and its shareholders.

"I am delighted by the support we are receiving from the Chinese Government at all levels, together with the UK Department for International Trade and I look forward to making further announcements as our relationships in China progress and we enter into further agreements."

[shammytime] 05/11/2018 07:02

China Update!

[f3rdinand] 05/11/2018 06:00

Neill Rickets is liking a lot of tweets suggesting a Chinese deal would tie in nicely with Liam Fox's visit this week!? Oh and Matt Walker seems OTT excited at the moment!!Maybe it's coincidence but I sense something major is happening in the background! If I'd sold VRS I would be very worried and if I were short... I'd be looking out for that train!Have a great week GLA

[smallfry1] 05/11/2018 05:41

Hi Haz101

I am still holding long term
No matter what short term bumps come along
Not just because I believe in the technology but more importantly I Believe in the CEO, his intentions, ambition and his work ethic.
Little touch of irony today is I am working just around the corner from his old school.
At least I am indoors today so should be kind to my hands.
Thank you all
Keep the faith
John
Early start today

[festario] 04/11/2018 23:44

A bit like Arron Banks said he was doing on IOF? Hmmm.

[haz101] 04/11/2018 22:31

Smallfry/John good to hear your still keeping the faith like the rest of us lth here, not everyone wants to see success, the filter button is a good friend of mine recently it does help! Also I don’t engage in conversation with detractors, I’m more of a ‘can do’ man but also an analyser of the wider situation to make informed decisions, hope your well and the winter is not too hard on you working outside, best regards, Haz

[loglorry1] 04/11/2018 21:09

@ellisj That paper is from 2015 the research probably a year or so beforehand. There's been no proper technical update from WMG, ZapGo or Gnano. By technical update I mean with numbers about capacity, cycle times, degradation etc. Other companies do provide these figures and updates by the way eg Talga here

[realcooltrader] 04/11/2018 21:07

So, Trading Update tomorrow?

[luckyorange] 04/11/2018 20:58

Rather him than me 🤣