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[woodpeckers] 17/2/2019 16:50

Fest, Just looked up a "Factor of ten" and it seems to generally be accepted as ten times.... I may be wrong... I think from what was said at the AGM we could quite easily be producing and selling ten times as much now....

[woodpeckers] 17/2/2019 16:34

For those of us excited by Nanene and it's future, it's easy to forget what is to follow and once the world realises what the first 2D material can do, presumably it will be much more receptive and quick to adopt the next 5000...

Neill Ricketts
‏
5m5 minutes ago

We have also ensured that everyone from the embassy through to premiers and primeministers are aware of the situation regarding. Our biggest protection though is the 5000+ new materials that follow this first one.

[magic beans] 17/2/2019 16:26

Festario you have an option to get the answers that may satisfy your concerns, but you don't want to take it. Why am i not surprised? Very strange behaviour when you think about what's (allegedly) at stake for you. Neill doesn't see answering shareholder concerns as a waste of his time and you very well know it.

[woodpeckers] 17/2/2019 16:23

Thanks roger, appreciate that.

[woodpeckers] 17/2/2019 16:21

Fest, the Nov 2017 RNS said:
"The Company will use the proceeds of the Fundraising to purchase capital equipment and provide working capital to enable the various existing and prospective graphene related collaborations with global OEMs to be progressed. The intended capital equipment purchases are designed to enable the Company to increase the production capacity of its proprietary Nanene few layer graphene nano-platelets by a factor of approximately ten."

Have you not seen how the company has grown since then, how many more collaborations we are working on...? All of these will need working capital to fund them and of course they will be buying our products from us for ongoing testing ...(my guess is that we would probably be surprised quite how much Nanene we have sold).

Growing new startups doesn't come for free and certainly not ones like this that are working with huge international companies. We have taken on many more staff, many of whom have had to travel the world to promote the company...

Yet thanks to our tight fisted CFO we still have enough cash in the bank to last a further 5 years based on current cashburn...

Really not sure that anyone is going to be able to answer your questions to your satisfaction....

[rogerbridge] 17/2/2019 16:18

Woody, just dropped in for a quick look. So sorry to hear about your dad. I know how you must feel having lost my dad a couple of years back.
Best wishes. Roger

[ellissj] 17/2/2019 15:54

I'm no legal expert, but to be on the safe side i'm withdrawing from this convo. Wp. Filtering you. Best ellis.

[festario] 17/2/2019 15:48

NO Ellis, I really don't!... others seem to agree with me.I'm not going to snarl up his valuable time asking him to account for why he said or tweeted such a thing or other.Where would it get us? Do you think it would draw an admission or an apology? What's the point.It's enough for now that he has modified that behaviour, but I'm not alone in having suffered financially from it.I've put an example on here... from a podcast...ask yourselves what you think of it.

[ellissj] 17/2/2019 15:43

I think neill deserves a right of reply fest imo. And you should really contact him with these 20 issues don't you think, in all decency ? Best ellis

[festario] 17/2/2019 15:41

First point to consider.There was a placing WAY back in Nov 2017, to purchase a machine to increase Nanene production by a large factor.We had long since passed the point where we had sold 1kg to McLaren. So, the assumption was that bigger orders were now on hand.In the Podcast Neill said that he would never have diluted himself or us unless there was a good reason. And there was a 'bloody' good reason now!Well, looking back, we never did see any evidence of that reason. Can anyone reconcile the actions at the time, compared to what we have seen since?What did we purchase? What orders were fulfilled?

[meganxmas] 17/2/2019 15:25

Good reply ridicule and think your approach may be better than mine. So ok benefit of doubt given and again I apologise. Agree that not good lots of individuals emailing NR he is a busy man but I think in Fests case I would make an exception since he feels so strongly with such a large holding.

[woodpeckers] 17/2/2019 15:23

Fest, so sorry to hear about your dad, I've sent you a private message to keep it off the board.

[meganxmas] 17/2/2019 15:22

Yes would have liked to have seen jinan further forward by now but equally fully understand why not. No would not have sold at 118p as already explained believe this requires patience but always possibility of short term bursts. Actually not too bothered with what shares you do or do not have just believe you are harping on with an agenda. Don't usually go on like this ... well ok was worse with CS but he was and is way more transparant... but you have made me a bit suspicious rightly or wrongly. As I said put it to bed and email NR you never know you might like what you get back.