Versarien Share Discussion Threads

[aquaesulis01] 11/6/2019 18:01

Squire,

Neill has confirmed in-hand so we have moved on.

However, you misunderstand the purpose of REACH which has nothing to do with the quality and is more to do with risk assessment re its use.

Registration
Companies are responsible for collecting information on the properties and uses of the substances they manufacture or import above one tonne a year. They also have to assess the hazards and potential risks presented by the substance.

This information is communicated to ECHA through a registration dossier containing the hazard information and, where relevant, an assessment of the risks that the use of the substance may pose and how these risks should be controlled.

Registration applies to substances on their own, substances in mixtures and certain cases of substances in articles. Chemical substances that are already regulated by other legislations such as medicines, or radioactive substances are partially or completely exempted from REACH requirements.

Registration is based on the "one substance, one registration" principle. This means that manufacturers and importers of the same substance have to submit their registration jointly. The analytical and spectral information provided should be consistent and sufficient to confirm the substance identity

[squire007] 11/6/2019 17:35

Interestingly the Graphene REACH registration consortia defines the substances as ones with thickness of less than 300 nm, thus covering all substances which are thinner than the substances as defined by the graphite consortia (> 350 nm).

The new graphene ISO standard is much more strict - graphene nanoplatelet is defined as typically between 1 to 3 nm thick, while anything larger (and lower than 100 nm) is defined as graphite nanoplateles.

WHO HAS ISO .... ;-) nothing to see here, move on. NR has it solved.

[wuzy] 11/6/2019 17:07

Would anyone like to buy an old pair of size 8.5 shoes, l need to raise some cash to buy some more shares, we are so close to take off.

[laginaneil] 11/6/2019 17:01

Hello Folks,

I noticed a Bloomberg article about new battery tech. This may interest you.

[johnveals] 11/6/2019 16:30

I see that loose fruit and veg are being charged more for than the packaged variety due to increased handling and damaged goods costs.

We need lighter, stronger packaging that also increases the shelf life, anybody got any ideas?

[johnveals] 11/6/2019 16:24

O/T PHE fails the BS test, not to mention the dodgy science, but it seems to be able to fool some of the people some of the time.

[shavian] 11/6/2019 16:01

Remember PHE? I think we decided that it was an unproven technology with much BS being spouted. You may note that PHE is now Justin's latest ramp, on the back of Hugh Fernlie-Wernlie's War on Plastic TV show. Probably now a likely pump-and-dump target.

Apologies for going O/T

[rainbow23] 11/6/2019 15:22

Yet another good day.

[grabster] 11/6/2019 15:18

Those various attempts at planting seeds of doubt are like water off a duck's back to those of us who see the pathways that Versarien is progressing along. ;-)

None of the naysayers has come up with anything new for a long long time - only stuff that's been looked at and side-footed away with ease on numerous occasions in the past.

[johnveals] 11/6/2019 13:53

Neill Rickets is an engineer with a plan, and whilst it is true to say that no plan survives first contact with the enemy I am confident that minor details like REACH will have been thought through, and not only that he has in the past said it is not a problem.

There are those who chose to rattle our cage, but we don't have to respond.

I read all posts on this thread and the vast majority, including some of my own, is simply noise.

[aquaesulis01] 11/6/2019 13:50

Sry Pshevlin just caught up with your post. Thank you for establishing the REACH position, I am suitably reassured

[aquaesulis01] 11/6/2019 13:43

Yes ty Hew.

Good to know application process in-hand as the registration lead time to go it alone is protracted although joining the graphene consortia would shorten the timelines considerably



hxxps://www.appliedgraphenematerials.com/files/2915/3242/6666/Press_release_GRAPHENE_Consortium_2018-07-10.pdf

[superg1] 11/6/2019 13:33

PS

Sorry missed your post.

What a nice problem to have eh! gone past the 9 tonnes of sales mark :-)

Depending of course whether you are selling valuable graphene at the going rate or graphite at that going rate.

Like we discussed earlier you have some that do loads of research and some that just take what others say and spout it as correct.

Hence most who spout off about what a company, nomad or a tip sheet says, without checking it lose their investment.

Didn't Warwick say he'd been researching Talga for year and then he invested calling it a billion dollar stock. via the media

Then after investing he realised their claims were false with something like 97% plus of what they do was graphite and sold his entire position having pumped it to the public.

It took us guys about 20 minutes to find the Talga claims and realise their claims were false.

[superg1] 11/6/2019 13:30

Aha I wondered what was wrong and good old Said has posted some incorrect information (again).

I can see it as it is pinned in the header (as usual), I have him on filter.

NO, NO and NO.


You DO NOT need to be in the consortium.

So NO NO NO VRS do not need to be a part of that.

It's a process that needs to be worked through.

Please ignore Spids post.

BTW that's what VRS say, not me.

[pshevlin] 11/6/2019 13:20

For those who didn't see Neill's answer to my question on Twitter re. REACH today here it is

"Unfortunately people do not understand reach or the quality standards or the verification.Reach is not a problem for us.We have our own expert and one of my former colleagues is the reach expert for @Airbus and assists us. I wouldnt listen too much to those that don't understand"

Now that willingness to engage is what I really like about this company and why I do stick with it despite my congenital impatience.

[scottishfield] 11/6/2019 12:52

Thanks hew.

[hew] 11/6/2019 12:48

Re the REACH posts above, I find three mentions by Neill in my notes. (MY OWN words.) They leave me happy that matters are in hand and will be dealt with as necessary.
___

22/1/19 NR Tweet: Q re EU REACH approval: “In hand, our quality guru on it; also talking to the register :) Also have assistance of EU REACH expert working for very large company. Costs and several parties involved. Will have when we need. Been dealing with REACH since started. Initial markets not Europe but USA & China,

23/1/19 Unknown poster says EU REACH needed in China since 2017 for consumer products, and benchmark for industrial - else no sales. NR Reply We have lots of experience of dealing with REACH since its inception.

21/2/19 From IG Index I/V TMS with Neill: Now seeing consolidation in market, some seen as competitors 2-3 years ago now disappeared, leaves fewer, higher quality - working closely with all of those, e.g. on REACH for Europe (“Graham”; doing.)

DYOR

[dolores123] 11/6/2019 12:28

A lot of buying today but share price still down. MMS having a laugh or what??

[alchemy] 11/6/2019 12:24

Wait for it Would production in China (and USA) be out of Reach? Reach's reach that is.

[spid81] 11/6/2019 11:38

Hi AquaeSulis01,

For VRS to apply for the higher tonnage of REACH, they first need to join the REACH graphene Consortium which is approved for 1-10t of Graphene,

There are only 4 companies in the world that are approved and Versarien is not one of them, as it currently stands VRS can only sell up to 1 tonne per year.

First Graphene ASX:FGR, are one of the 4 companies approved to sell 1-10 tonnes of Graphene in Europe/UK, and they are in the process of applying for the 10-100 tonne band.


Regarding the USA, you are required to gain EPA approval to sell graphene in the USA.

In Australia, First Graphene is the only company approved to sell graphene, where they have been granted approval to sell 100tpa, All other companies can only sell 100grams for research use in a 12 month period.
FGR will be announcing their sales in the coming weeks. expected to be 18-20 tonnes

[tini5] 11/6/2019 11:35

Neill said at the GEIC that VRS would sort REACH registration as and when required.

[aquaesulis01] 11/6/2019 11:24

Well if the USA aren't concerned with REACH compliance (China apparently are) maybe setting up a production facility there whilst approval to ramp up in Europe is awaited, is the answer eh?