Versarien Share Discussion Threads

[maisto] 13/12/2018 10:51

Fest, what Neill clearly said on Twitter was that he would run a personal advent calendar with gifts and prises to shareholders and/or colleagues, which he has been doing. Never did he say the advent calendar would be VRS news related. Personally I'm super chilled and looking forward to 2019...

[superg1] 13/12/2018 10:48

Will do later Mryl I have things to sort, otherwise earache will kick in.

[superg1] 13/12/2018 10:46

Having checked with some good sources the share price dips in November were down to funds dropping stock into the market, in particular just after the Tungshu news.

I take it the dips in early December to be down to something similar.

EG Miton sold over 500k in November.

Combined they had left about 3 mill shares, and that is about 2 months worth of selling going by the sell rate in previous months. That assumes selling to zero.

So the impact seems to be when funds sells as they can drop large chunks to the MMs at times.

Given that we can expect material updates in early Q1 on those mentioned, and ignoring potential new news which may be due near term, then it will be interesting come early next year when potentially the selling funds who have made huge percentage profits are no more.

Imo with the funds out or not selling and decent news in the coming weeks/months it will start to fly again and sail beyond previous highs.

Aecom news has clearly been stated as very large and an update on that is due in early Q1.

[davemac3] 13/12/2018 10:45

Aecom was for polymer not graphene!

[tini5] 13/12/2018 10:42

1kg? Guess the AECOM update passed some people by then.

[loglorry1] 13/12/2018 10:39

I think this is a key point. NR doesn't make any claims about the valuation of his stock. He just simply says "The market dictates the valuation". All the while though he promotes the company as much as possible.

For a £20m market cap company what they are achieving is commendable. He is absolutely right to slap himself and other team members on the back.

The problem is when inexperienced AIM investors get all caught up in the excitement and place a valuation of £200m on the company or much more.

When this happens (as it has) investors expect a lot more progress in terms of sales. They expect sales projections and prices per Kg achieved in sales. Not just a steadfast denial of such key numbers.

I'm afraid the reality is that VRS has never sold more than a few Kg of Nanene (if that) and they have not proved they can scale the process up. Even if they can scale up to the 3T/year that's still not going to be material for a £200m company unless they can show extremely high sales prices vs their peer group.

Remember at $200/kg (which is premium pricing for FLG) they'll book ONLY $600K revenue from a 3T unit.

-------------
I'm starting to wonder whether NR isn't just very easily pleased - after all, he seemed to think selling a lousy 1Kg of nanene was a big deal...

[club sandwich] 13/12/2018 10:38

"sg has been raising expectations and showing glimpses of stocking."

he's such a tease...

[cielos] 13/12/2018 10:36

MMs job of the last few days

Some buyers, keep the price high
No buyers small volume, smash the price down 123.00 -5.50 (-4.28%) live: 10:36AM GMT

[lovat scout] 13/12/2018 10:34

Alchemy - II doesn’t run its own book as it’s a platform. It’s not like IG who can choose to run a risk position or just deal in the market. What has probably happened is when a few people check the market at the same time, some get kicked out as the MMs don’t want to deal with everyone the same way in more size than they are happy with.

[adejuk] 13/12/2018 10:31

chip
they have no choice with mkt sensitive info

[mryl] 13/12/2018 10:27

Thanks superg!
Would you have the link for this second article?

[ch1rp] 13/12/2018 10:25

Get real. Which business would be putting out RNS in this political climate?

[adejuk] 13/12/2018 10:25

sg has been raising expectations and showing glimpses of stocking.

[chumbo] 13/12/2018 10:10

I don't recall being promised a string of Yuletide RNS's unless I've missed something.

[cashorcard] 13/12/2018 09:43

club - you remind me of that character that used to be on the telly, you know the one that used to change his head depending on the day - Worzel Gummidge was his name I think

[club sandwich] 13/12/2018 09:32

Fest - so there appears to be a flaw in my advent calendar too. Either that or my phone is no longer receiving RNS notifications...

where's this massive, transformative deal that the DIY Dictator has been predicting for so long?

I'm starting to wonder whether NR isn't just very easily pleased - after all, he seemed to think selling a lousy 1Kg of nanene was a big deal...

[alchemy] 13/12/2018 09:31

But you use iii , it's not market wide it has its own book

[superg1] 13/12/2018 09:29

Not sure what you use Fest, I just tried a dummy sell on 15k to test it and got a quote.

I keep my fat fingers well away from the accept button though

[festario] 13/12/2018 09:21

Max to sell is currently.... 0

[spike_1] 13/12/2018 09:21

Prior to 'so..' we often prefixed an answer (i.e. whilst we mulled over the question and how to respond) with either 'um..' or '...er', personally I prefer 'so' because it is at least a positive pause, i.e. it suggests it's going to be followed by a rational thoughtful response, whereas ' ..... um' or '....er...' suggests the answer will be 'winging it' (if you see what I mean).

Best wishes - Mike

[adejuk] 13/12/2018 09:15

stuck in nanene

[festario] 13/12/2018 09:09

So, you don't like that trait either Grabster? It bugs mme..

[superg1] 13/12/2018 09:05

Mryl

On the odd occasion there are spares that actually measure the graphene v claims prior to testing.

Here is one re XG M and H grade

However, the thickness of the XG-H and XG-M GNPs were larger than expected, at 31.1 and 28.8 nm respectively, which suggests a lower aspect ratio for these samples than the manufacturer’s data.

Typically for M grade they claim 6nm (18 layers) as in the paper and 11-15nm for H grade 33-45 layers.

The actual in their measurement came out at 28.8 for M grade which is 86 layers, which is about 5 fold v manufacturer claims.

Also

The carbon content of the GNPs from XG Sciences (XG-H, XG-M and XG-C) and Graphene Supermarket (GS) were measured to be lower than the manufacturer’s quoted values [18–21]. Trace elements of nitrogen, fluorine, silicon and sulphur were detected.

You may note some scientists recently claimed silicon is a problem in graphene.

Grade C they talk about as not looking like platelets and as thick as they are wide, IE dots and they look like tiny dots in the magnification photos

They then go on

The fracture surfaces of the XG-C GNPs dispersed in THF and NMP, as shown in Figure 20, show very little debonding and the degree of crack deflection is low due to the small size of the particulates. The better ap- parent adhesion of the GNPs to the epoxy is due to the small size, which results in more edges and hence functional groups (as these are at the edges). However, this does not result in an improvement in tensile properties due to the structure and quality of the GNPs, where the surfaces of the platelets appear rough and damaged.

Hence my comment of smashed all to bits to get to few layer which destroys the lateral sizes and damages the platelets.

It's a common theme, we went through many papers over a long period.

We were told that over 10 layer sees a dramatic drop in performance so we sought out evidence of that and to try to understand why that happens.

XG 'graphene' kept popping up in papers with poor results on UTS. Multi-layer is one issue, and the lower layer smashed all to bits problem is the other.

[grabster] 13/12/2018 09:01

I see that NR has slipped into that annoying habit of starting many of his answers with the superfluous word "So".