Versarien Share Discussion Threads

[spid81] 19/3/2019 08:02

Good morning ThatKieran,

I am gather your taking the pi$$.

It might pay for you to read the FGR announcement, the figures for the Fibreglass results are from the customer not FGR.

"Testing with one customer (who is just waiting for NICNAS registration), has provided the following improvements with
the addition of just 1% PureGRAPH 20 (by weight)"

Do you really expect the end user to provide exact figures for the Fibreglass / Graphene composite?


The bucket liner results were covered in another ASX announcement, PureGRAPH gave up to a 37% improved tensile strength, these test were completed by an independent ISO17025 laboratory. Figures have no doubt be rounded too as these results are newGEn Groups.

They most likely only want to give rounded figures as it commercially sensitive information.

EDIT:

I forgot to ask,

Could you please provide me any updates from any of Versariens 30+ MOU or NDA's to show what progress / results they have achieved ?

It appears that FGR's Collaboration partners and NDA parties have tested there PureGRAPH product range and are keen to start buying when FGR gain the required approvals in Australia.

[superg1] 19/3/2019 07:54

I do hope the majority of PIs out there don't fall for the BS out there in the world. I'm not just talking shares but the "we want yo give you millions" emails and "my dog has got a cold I need £30k to get him treated".

You would not believe how many people fall for that. The vast majority of those originate form West Africa where they run training on how to scam people. Many toddle off to Western `union type outlets and bang the cash in. At the other end all John Smith does is wander into nay outlet give his fictitious name and the reference number (provided by the complete mug) and take the money.

It can't be traced.

In the stock market around 6 years ago a number of spivs worldwide jumped on the graphite hype and as result dozens of graphite mining juniors appeared (over 50 of them).

They scrambled to secure licences or high purity graphite in areas where the licences had been abandoned by others.

So then came an era of graphite miners many of which have never got to mining anything. They were calling it the "new black gold"

However the market for graphite is dominated by the Chinese and sure enough all the hype fell flat on its face and was the obvious end game contrary to all the hype and analyst forecast out there.

It was just a hype opportunity for crooks to exploit.

Graphene became a topic and so a growing number of graphite miners jumped on that as the second wave of hype to get more backing.

EG

Lanka Graphite and yes the ASX.

Yes they do Vein graphite and yes they now talk graphene.

Talga ASX again.

Yes they talked up graphite as yes they moved to graphene.

MRL corporation (ASX) the miserable failure of the Sri Lanka graphite mining and badly let down investors. Oh BTW they changed their name, you know them as FGR.

Bora Bora.

Oh look a ASX company that went after Sri Lanka Vein graphite hype then stated talking about graphene.

Now got and have a look how much graphite that lot have produced since they started on the trail many years ago with talk of some of them being Billion dollar companies.

If I get time I'll break it all down, it makes for grim reading.

[1teepee] 19/3/2019 07:53

Are you invested atm billy?

[billwave] 19/3/2019 07:51

Thanks for sharing Spid, that's great news. As already pointed out those figures appear extremely rounded to be official? But it does highlight again the future of graphene and 2D products and it's very likely VRS will be able (if not already) to expand into all of the same markets with similar claims and benefits on this side of the pond too. Cheers.

[thatkieran] 19/3/2019 07:42

Spid Amazing how every scientific figure in that information is a nice round number. What are the chances?!?Or maybe it's just plucked out of thin air...

[spid81] 19/3/2019 07:17

Morning Superg1,

I thought I would share a few key points from FGR’s fantastic announcement this morning,

It does cover much of what Warwick said in his GOLDINVEST interview. It is significantly more important when these updates are part of an official announcement and not a Tweet, investor video or Investor presentation. You can pretty much say whatever you want in these with no accountability.

FIBREGLASS (NEW)

1% PureGRAPH 20 (by weight) in fibreglass provided the following benefits.
 30% reduction in production costs;
 30% reduction in weight for the same strength;
 20% increase in plant capacity due to faster production cycles; and
 significantly reduced water permeability.

These improvements suggest that PureGRAPH™ could be the most important development in the manufacturing of fibreglass products in more than 40 years, raising the possibility of glass fibre competing with carbon fibre composites in some industrial sectors

The industrial composite market is forecast to reach US$130bn p.a. by 2024 with fibreglass being 64% of this market.

WEAR LINERS

Test work has shown 100-500% improvement in abrasion resistance than existing products in the market, as well as 30- 40% improvement in tensile strength.
The mining wear-lining market is estimated to be worth US$1.2bn p.a. by 2022

FUTURE SALES FORECAST

At some point during 2019, the Company anticipates it will be selling approximately 18-20 tpa into these product verticals (Fibreglass, wear liners and boots).

It is believed this level of production will enable cashflow breakeven status to be achieved by December 2019 (I believe FGR will be the only Graphene company to achieve this). It is highly encouraging that this milestone could be achieved with sales to Western Australian based companies alone.

Given the size of the UK and European markets for similar products and considering the marketing efforts already underway in those regions, it would not be unreasonable to expect total orders for this region to exceed 200 tonnes in a relatively short time frame – perhaps two or three years.

Looking further into the future, it is not unreasonable to be aiming for production levels in the range of 500-1,000 tpa,

Too much to cover on a VRS thread, I hope you enjoy reading the announcement.

[superg1] 19/3/2019 07:16

Psike

Just for clarity. In some cases testing is going on by big names who are not in a collaboration, EG the large tyre company. Such comments are also in the recent presentations.

It was also said a collaboration while only mentioning one engagement may involve many companies in the chain.

Some prefer to just get on with testing and then move to a collaboration or JV if suitable.

There will also be cases where VRS reject big names. EG there was one that didn't really care what was supplied, just that they could call it graphene regardless of whether it was or not, a gimmick idea.

[66sequoia] 19/3/2019 06:38

Https://www.manchester.ac.uk/discover/magazine/opinion/future-for-plastics/

[grabster] 19/3/2019 06:29

supermammary (big tit) filtered ;-O

[pulledpork] 18/3/2019 23:10

Now that we're getting closer to the AECOM order I'm trying to work out how much graphene will be required for the London underground bit. The total London underground network is about 400km and about 45% of that is actually underground i.e. 180km. According to the tfl the length between signals is about 300m on average which means they'll need about 600 arches. My understanding was that AECOM needed 50kg + 115kg for the 5 full size samples because the wastage was less than expected (originally the second order was 250kg). Assuming the wastage was quite small we'd have about 25-30kg per arch. In total that is between 15t and 18t of polygrene. If we now estimate a graphene load of 2-5% (?) we have a range of 300 - 900kg of graphene for the London project. Does that seem about right?
AECOM have already said they want it to use for similar projects and are also involved in two more projects with Versarien that they couldn't talk about at the GEIC visit. So there is lots more to come just from AECOM alone.

[chezt] 18/3/2019 22:41

Yet another one to filter

[festario] 18/3/2019 21:59

My turn to be cloned it seems.Trouble is Dean Haigh is so predictable and stupid.Stupid enough to leave incriminating Information with three of his recent flat mates.His life is so empty that he spends most of it thinking about me!

[spike_1] 18/3/2019 21:43

Evening here spid: please quote the actual MOU's you are using for your arguments - thank you.

[fezter] 18/3/2019 21:42

I'm sorry everyone I've been boozing again.

I've just got back and ive been gloating over a few investments and it got me thinking how much VRS has meant to me over the years.

I just can't imagine what my life would have been like without them

vrs ..vrs. ... VRS

[supernumerary] 18/3/2019 21:27

gerbilator - you're a nasty little man who likes to read my posts, claim he doesn't, then fume over his impotent inability to respond like a civilised human being.

Why don't you go away and bring back that nice Troll Hunter? I expect he's gone to find a dictionary. Tell him that's the one with the words in alphabetical order, or he might get confused - they probably all look much the same to him without a day or two's 'research' :¬)

[spid81] 18/3/2019 21:05

Morning Spike,

Tini and Woody have misquoted the company, I have not.

I explained to Woody yesterday

All of these are MOU's NOT collaboration agreements.

Unless you see progress from the parties, or the MOU's move into a binding agreement - Collaboration agreement, LOI, ect. You are only guessing that these agreements are active.

To suggest these agreements are active or have become binding (without evidence) is misleading.

[spike_1] 18/3/2019 20:52

Re 'failed':

spid: you are of course omitting the important criteria used by VRS. They are saying no announced Collaboration has failed, whereas David has cited a single case where an engagement did not lead onto a collaboration or contract.

This question was asked at the AGM and was answered without hesitation, and involved an early 'engagement' - period. It did not and does not involve RNS'd collaborations (which is what we are talking about).

As Neill would say - 'hashtag deadend'.

Looser.

Best wishes - Spike

[spid81] 18/3/2019 20:42

Good Evening Tini5 (Martin) and Woody

"No collaboration has failed - that's the official company position as of GEIC presentation" Post -64079

"I say current because the company has clearly stated that none have failed" - 64078


Both of these statements are incorrect,



Versarien stated the following in David Kerr's - GEIC Investor presentation.


"No engagement to date has failed due to product performance."


There is a significant difference between what you have quoted and the official company position. David Kerr / Versarien are telling you that engagements have failed but this is not due to product. These engagements could have failed due to the companies not coming to a formal binding agreement.

Source page 3
"No engagement to date has failed due to product performance."

[superg1] 18/3/2019 20:20

Watch and learn re Aecom and others.😂

[superg1] 18/3/2019 20:20

Oh strewth are you back you anonymous coward.

Stringing along with Timbo re Haydale, pumping a series of bios that got their SPs smashed etc etc.

VRS has moved on considerably since your (I believe) 8p fund raise claims.

Meanwhile Haydale which was £2 plus is under 2p and the last raise for VRS wasn’t 8p but £1.45.

Btw guys I have that wet paper bag on filter, did it long ago.

[supernumerary] 18/3/2019 20:12

PS where's that nice Troll Hunter gone? I was looking forward to a bit of light-hearted badinage...

[supernumerary] 18/3/2019 20:09

axotyl - well it would have been wouldn't it? Pity it didn't, I might almost have been tempted. Well, maybe not :¬)

phoenix - you should read your own posts - it's not me that's bitter and twisted, I'm the calm and collected one, as always. From 15p to a pound - a terrific performance given they've never sold anything much and never had a meaningful repeat order - you guys should be completely zen, not all angry and aggressive. Calm down, have another look over Woodie's list and tell yourself it's all fine, everything's on track. Just one more card needed and there'll be a full set ;¬)