Versarien Share Discussion Threads

[ellissj] 15/4/2019 07:59

Sound strategy imo. Best ellis

Neill Ricketts @neillricketts

"Non exclusive with the Chinese NGI equivalent :)"

Quote Tweet Dr Tina Bass @TBassCoventry
Replying to @cynicalnarwhal

"A wholly-owned subsidiary. Very good terms negotiated @neillricketts"

7:35 am · 15 Apr 2019

[hew] 15/4/2019 07:59

Excellent news operationally. Something of an unknown financially with price for the up to 15% unstated or even given as not less than or something. It is a fundraising for VRS to set up their Wholly owned facility. Given that current share price anticipates Chinese operations, I can't get a focus on what might be the price of the new shares.

[chillpill] 15/4/2019 07:56

Despite the Brexit mess and Europe things are picking up in US and China.

Jamie Dimon sent the US market up on friday.......

The biggest bank in the world's largest economy just posted record quarterly results showing U.S. growth continuing to start the year. But how long can it last?

According to J.P. Morgan Chase CEO Jamie Dimon, the expansion that began after the 2008 financial crisis has no expiration date. The New York-based company reported profit and revenue Friday that exceeded expectations on the strength of its core Main Street lending operations.

"If you look at the American economy, the consumer is in good shape, balance sheets are in good shape, people are going back to the workforce, companies have plenty of capital," Dimon told analysts during a conference call.

"It could go on for years," he added. "There's no law that says it has to stop. We do make lists, and look at all the other things: geopolitical issues, lower liquidity. There may be a confluence of events that somehow causes a recession, but it may not be in 2019, 2020, 2021."

Fears that a recession is on the horizon spiked last month, when bond markets gave signals that economic confidence is dimming the further you look out. A segment of the yield curve inverted, meaning that short-term debt yielded more than longer-term bonds, a phenomenon which often precedes recessions.

But that signal isn't a perfect predictor, and Federal Reserve officials recently left open the possibility that improving economic conditions could warrant a rate increase.

If a recession did happen in the short term, the most likely cause would be a breakdown in trade negotiations between the U.S. and China, Dimon said. But overall, the game of recession prediction is fool's play, he said.

[spike_1] 15/4/2019 07:55

Folks IT IS NOT 15%, it is a maximum of 15%

[ellissj] 15/4/2019 07:54

Just a small portion of the blue sky about to land in this share ! Neill and co #delivering ! Aimo. Glalth. Best ellis

[joeblogg2] 15/4/2019 07:53

Well summed up Super!!! I think it may take the market a bit longer to understand so allos us to nibble away!!!

[festario] 15/4/2019 07:51

More exciting progress.I would imagine that the Chinese will have already commenced buying VRS shares, why would they wait to take a position when the price would be higher?I need to understand a little more about the potential dilution, and given the nature of these things we'll never know when it's going to hit, so the likes of me won't be able to partake without selling and obviously I can't do that.

[ellissj] 15/4/2019 07:51

Here's the ceramics bit news. Best ellis

'the Aero Engine Corporation of China.'

"The University of Manchester has launched a major new collaboration with the Aero Engine Corporation of China (AECC), working through one of its subsidiaries, the Beijing Institute for Aeronautical Materials (BIAM)

"BIAM is an internationally recognised research institute engaged in the development and manufacturing of advanced aeronautical materials. The collaboration underlines The University of Manchester’s status as a world-leading institution in the development, processing, testing and characterisation of advanced materials.

On 10 July, Professor Martin Schröder, Vice President and Dean of Science of Engineering, was delighted to receive a senior AECC delegation to commemorate the launch of two new research centres to be based here in Manchester:

The BIAM-University of Manchester Graphene Aerospace Materials Centre will focus on the use of graphene in aerospace materials, including composites and ceramics for aero engines, with Professor Ping Xiao of the School of Materials as director on behalf of the University;The BIAM-University of Manchester Technology Centre will focus on the development, processing, testing and characterisation of advanced materials for aero engine applications. Prof Xiaorong Zhou of the School of Materials will become the director on behalf of the University.

To mark the establishment of the two Centres, commemorative plaques were unveiled at an event attended by Mr Sunan Jiang, Minister Counsellor for Science and Technology (Chinese Embassy, London) and representatives from the Chinese Consulate in Manchester.

Speaking at the event, Professor Schröder said, "I’m delighted with the establishment of this partnership and I have every confidence it will be a success.

“It’s a fantastic opportunity for leading researchers on both sides to work collaboratively on key challenges, and we can also expect to see high impact research as a result.

“The partnership further consolidates our engagement with Chinese industry, particularly in the fields of aerospace engineering and advanced materials, and it is testament to the University’s expertise and reputation in these areas.”

Commenting after the event, Professor Xiaorong Zhou said, “I’m delighted to see the establishment of the BIAM-University of Manchester Technology Centre, which will be a world-leading centre for advanced aeronautical materials research.

“This is a wonderful opportunity to bring together the leading researchers in The University of Manchester and BIAM to tackle some of greatest challenges facing the development and fabrication of advanced aeronautical materials and the manufacturing of aero engines.

“We can look forward to a fruitful collaboration and I am confident that the BIAM-University of Manchester Technology Centre will be a success story.”

[luckykids] 15/4/2019 07:50

Have to be large premium paid to get a holding of this size. After all they are the ones who want it and can see the huge potential in their own country.

[superg1] 15/4/2019 07:50

Bit of a monster RNS that one isn’t it. It’s hard to digest it all.

Ceremony in China with representatives of both governments present.

BIGT been working with Manchester Uni for years.

To think, graphene hasn’t even begun to hit the interest of investors this side of the planet yet.

China are going nuts for it, potentially huge for VRS and shareholders.

It’s at a point like this where I give up trying to work out how big VRS could become.

[grabster] 15/4/2019 07:49

Can we now expect an equivalent US grouping to match this?
It usually takes a shock to trigger American action - joining WW2 after the Japs bombed Pearl Harbour; racing into space after the Russians launched Sputnik.

[chillpill] 15/4/2019 07:46

In the meantime we await news re AECOM and other collaborations so should be a fun few months.

[joeblogg2] 15/4/2019 07:45

How can you value now , let alone when deal is done considering new contracts and all that years of research both by vrs and the Chinese? Huge!!!!

[tini5] 15/4/2019 07:42

All those shares in the low 60s looking a bit cheap now yes?

[grabster] 15/4/2019 07:41

".. The Term Sheet, which is subject to contract and formal BIGT board approvals, was signed on Sunday 14 April 2019 at a public ceremony in Shenzhen, China, attended by representatives of BIGT, the Company and from the Chinese and UK Governments..."

Anyone found any images of the ceremony? Who was there yesterday on behalf of Versarien?
(Shenzhen 7 hours ahead of London?)

[festario] 15/4/2019 07:40

Get it open... GET IT OPEN!!!

[campbed] 15/4/2019 07:38

I wasn’t expecting this funding mechanism of a Chinese state organisation taking an upto 15% stake in parent company listed on AIM. V interesting. Note the reference to attendees from both Chinese and UK governments.

[amt] 15/4/2019 07:35

Yes but it's 15 % but not of current share price but at a much higher share price if this plays out properly.

[diversification] 15/4/2019 07:35

To think we have 5/6 MOU’s all wanting a slice of the pie too. At £200m market caps this isn’t staying down here much longer, if at all.

[matheus7777] 15/4/2019 07:34

The bid / ask price is showing as 130 / 140 on the iPhone ADVFN app, is this likely to be accurate? Can anyone confirm?

[ellissj] 15/4/2019 07:33

Some more info. I was also reading recently about graphene ceramic aero parts research news, involving chinese state - 3 year mou with UoM to develop them. Can't find it atm lol. Best ellis

'RESEARCHERS TO WORK ON DEVELOPING AIRCRAFT PARTS FROM GRAPHENE COMPOSITES'

'Blog Aviation Researchers to work on developing aircraft parts from graphene composites'

By Stuart WrightDecember 22, 2015

"A new partnership between Manchester University and the Beijing Institute of Aeronautical Materials (BIAM) will see researchers explore how graphene composites can be used in the manufacture of aircraft parts.

Graphene is a crystalline allotrope of carbon, and has many extraordinary properties. It is an extremely light material which is a hundred times stronger than steel and conducts electricity efficiently.

The two institutions will co-operate on projects which will test the structure of graphene reinforced aluminium matrix nanocomposites and their application in aircraft, which could potentially result in replacements for traditional materials for stronger, conductive and lighter parts not only for aircraft, but also for high-speed trains and other industrial equipment.

Professor Robert Young, who is leading the partnership, claims that the addition of graphene to aluminium alloys can considerably increase their strength, while also allowing the materials to retain their flexibility. BIAM have already demonstrated this, though there is not yet an understanding of how the mechanism works.

In order to prevent the aluminium being dissolved when the graphene is added, BIAM have developed a ball-milling process, where the aluminium remains in a solid state, with the Manchester team helping to develop this technique further. They will also investigate the impact of adding graphene to aluminium on how the material corrodes.

In the future, the partnership also hopes to look beyond reinforced aluminium matrix composites when it comes to the application of graphene, and develop further graphene energy storage, environmental purification and information materials. In particular, there are hopes that by adding graphene to the plastic that holds together the carbon fibre in aircraft wings, it should prevent water from entering the wings as it acts as a plate-like physical barrier.

There are further plans to explore the use of graphene in the prevention of ice build-up on aircraft wings. By adding it to the polymer electricity could be passed through it, heating it up and melting the ice. This would serve as a replacement to the current copper wiring and heating coils reducing the overall weight of the aircraft and improving fuel efficiencies.

Eventually, the researchers are looking to even replace the carbon fibre used for the wings with graphene, though this aspect of the project is expected to take at least 20 years.

As the new generation aircraft progressively look to composites to enhance structure and design and provide efficiencies, a new generation of maintenance engineers will need to be specifically trained on how to maintain and repair these new structures. The launch of the ELMS competency management application will provide organisations with real-time data and detailed insight into their maintenance staff’s training, qualifications and work history. Organisations will then be able to use this data to efficiently deploy only fully trained, competent composite specialists to the job required, improving efficiencies, reducing maintenance errors and ultimately improving safety. To find out more about ELMS."

[lovat scout] 15/4/2019 07:29

matheus7 - re IP. I think this has always been the plan. Let them participate and they will protect their investment. AIMHO etc

[ck1987] 15/4/2019 07:28

15% is about £30m at the current sp, which suggests a significant manufacturing capability is in mind!

[ayl30] 15/4/2019 07:28

Super G presumably what you were expecting, so what's the next news we should look out for?

[ayl30] 15/4/2019 07:27

Dependent on the terms you can always sell some of current holding to fund discounted purchase