Versarien Share Discussion Threads

[bootie64] 26/11/2018 11:21

Pathetic...

[club sandwich] 26/11/2018 11:18

divers "for immediate returns please go to the casino, this is business"

yeah? ands how long, exactly, are we supposed to wait? IAI is now over a year old, Unilever is around the year mark, McLaren haven't placed any more orders (that we know of), and despite c30 collabs the simple fact is that the largest order they've told us about in the past 2 years is 1Kg of nanene and NO graphink sales.

So I'll ask again -exactly how long are we supposed to wait? How long are YOU prepared to wait to see significant orders and revenues? Because my patience is exhausted. I'm still here for a takeover approach, which surely can't be far away now - put a rocket up Rickett's ass...

[woodpeckers] 26/11/2018 11:15

axotyl, an even quicker way to filter is to click on the poster's name by any of their posts and a dropdown menu pops up - one of the choices is 'filter'.

[loglorry1] 26/11/2018 11:13

@Baz it may be a myth but he says it quite clearly here 5mins 20sec in. Mind you he also says they expected to be up and running in Jinan by mid 2018 didn't he?

[ellissj] 26/11/2018 11:11

Good to hear miton still in the game Mike B. Adjusting position as the facts change. Chimes their comments in times interview. Btw cowie confirmed still holding his vrs purchase the weekend too. Aimo. Best ellis

[baz99] 26/11/2018 11:10

Wuzy The 12litre calculations were based on a rough approximation in relation to the flask Neill held up on the investor day which appeared to be about one litre or so and he stated it held about 80g or so from memory.Don't forget we are not talking about pure single layer hereHappy to be corrected, but I think the 38 barrels for a kg was proved to be a mythBaz

[lovat scout] 26/11/2018 11:06

Mike - great feedback.

My conclusion is that the VRS trading pool is larger here than I previously thought and that quite a few PIs probably thought along the same lines as Gervais regarding locking in some profit and running the rest.

AIMHO

[axotyl] 26/11/2018 10:58

A brief warning to new arrivals on this ADVFN board about loglorry1 (Tim Kempster in real life, @timkempster on Twitter, where he trolls Versarien’s CEO, @Neill Ricketts), and various other pseudonyms on financial forums and bulletin boards.

To eliminate his posts, as the majority of us have, use the Filter button near the top of this page and follow the 3 arrows in sequence.

[superg1] 26/11/2018 10:57

Thanks Mike

They had 15 mill at one point so not quite 25%, unless he means a particular fund as the holding was spilt across 2 funds. Great to know and it was suggested he’ll hold the rest. Would have been nice to come to the event but up to my eyes in DIY tasks.

[diversification] 26/11/2018 10:56

CS - for immediate returns please go to the casino, this is business.

If any deal was done without due diligence we would complain about the protection of IP.

This is a company that intends to operate for the long term, it’s not interested in how wealthy it makes you in the short term.

This is a strategic, phased approach to a much much bigger story. Relax ffs, patience will be rewarded imo.

[loglorry1] 26/11/2018 10:55

Just to show how ermmm shall we say prone to exaggeration Mr. Ricketts is its worth watching this video from 5mins 20 seconds on



You can hear Mr. Ricketts say quite clearly "Graphene is a very light material... a tonne of material is 38,000 oil drums".

In fact Nanene has a density of 185kg per m3 (a cubic meter is 1000L) so 1Kg is about 5L drum. So he'd need 5000L for 1T which is about 26 barrels not 38,000. An oil drum is 208L ( I expect he'll be apologizing for his mistake soon.



Does make you wonder why they don't just fly out 1Kg of Nanene to China. It's only 5L and according to you lot it is worth up to $100,000! ;-)

[club sandwich] 26/11/2018 10:53

fuji - well as we've speculated, the price per g probably drops as the size of the order goes up. And that £100k for one Kg was a few years ago - the price may have gone up or down since, we don't know what the airline client just paid for the recent Kg.

Best case scenario is that the new 3T machine is to satisfy demand for reasonably small orders for testing, at high per g prices. But of course that's just speculation, we simply don't know...

[mikebrenner] 26/11/2018 10:53

Just had chat with Gervais Williams at Mello investor event - in summary sold down 75% of VRS position as in current volatile markets wanted to lock in profits after they had performed so well & esp as VRS in cash burn phase and pre profits so greater risk than other holdings posting profits and divvys. Thinks VRS have an extraordinary management team and that they are creating lots of value so happy to hold and let other 25% grow over time "plenty of opportunity for this to be of sizeable value". Meets two of his focus sectors - manufacturing and applying technology to business to enable growth where he sees non correlated returns with wider markets (banks, oil, pharma, fmcg) and disruptive events (QE, brexit, currency etc ...). Thumbs up

[foolishben] 26/11/2018 10:50

I think Lucian Miers has hacked into Club’s account, or perhaps his mind.....

[smythe2] 26/11/2018 10:44

So different grades and layers of graphene/nanene quality are manufactured for job specific customer requirements.....Versarien are at the forefront of development and in time will be the chosen manufacturer for quality graphene/nanene products and given time versarien will have the pick of manufacturing contracts.

[fuji99] 26/11/2018 10:41

Cheers CS - Even at half the price/g, the 3T machine alone, without China, will make a fortune for VRS.

[club sandwich] 26/11/2018 10:35

And let's hope that the interims - when they arrive - show a nice jump in revenues. After all, Ricketts has said several times that orders are arriving 'all the time': they must be small orders since they haven't been notified, and we know that the smaller the order the higher the cost per g.

Unless of course he's just using creative language about that, as well.

[club sandwich] 26/11/2018 10:33

fuji - McLaren paid £100/g (ie £100k for the Kg).

[fuji99] 26/11/2018 10:31

spid81 - Thus why VRS is going to China and this is also why the barriers of entry will be so high for any competition.

[spid81] 26/11/2018 10:29

Hi Smythe2,

Yes that is correct, single layer graphene has a surface area of 2630m2 per grams,

Nanene has a surface area of 45m2 per Gram,

[smythe2] 26/11/2018 10:27

1grm of graphene allegedly as the capability to cover one football pitch surface

[spid81] 26/11/2018 10:20

Hi WUZY,

Nanene has a density of 185kg per m3,
1kg is around 5 ltrs


___________________________________
Club, 1kg of graphene/Nanene probably would take a hundred barrels just to produce that amount so not so insignificant ( just guessing at no of barrels) but you get the point,maybe super can give a better guesstimate,cheers.

[fuji99] 26/11/2018 10:17

What about the price of nanene per gramme ?
How much MacLaren paid a few years ago ? £-hundreds/g ?

[wuzy] 26/11/2018 10:16

99,s are you sure l seem to remember seeing it somewhere that by volume it takes a lot of barrels don't forget that we are talking one atom thick, l may well be wrong and stand to be corrected someone more knowledgeable I'm sure will have the right answer,cheers