Versarien Share Discussion Threads

[festario] 09/9/2019 00:18

It's the middle of the afternoon where I am... and it's Sunday, but if I've got this right, someone will GET THAT STOCK MARKET OPEN in only about 8 hours! Nice!

[mandatory] 08/9/2019 23:56

I saw the YouTube thing about the German car industry not getting on board.

On reflection using China and Norway as it’s ONLY two examples of accelerated EV uptake isn’t representative of the whole world. China is a command economy that can build the required charging infrastructure and Norway is a comparatively rich oil country with a small population that doesn’t probably need the lost tax revenue that doing away with the ICE will result in.

I ended up thinking it was rather a flawed documentary. Most of the EVs shown in Norway were BMWs and when I was in Bergen they were all Tesla’s, which are out of reach of most working class people.

Where I live in London there are a woeful number of charging stations, and the local Audi and VW garages have EVs but I haven’t seen any sold but I can say they are being well outsold by good old petrol and diesel.

Even if I wanted one I couldn’t charge it, and there are none that I want that aren’t extortionately priced in comparison to what I bought which was a second hand a4. The Tesla 3 and bmw i3 are a step in the right direction.

Good news for us maybe if China goes electric mind.

[pshevlin] 08/9/2019 23:35

We'd better start digging and it's going to be cheap.



Not for everything though.

[ad631] 08/9/2019 19:51

NR on Twitter re: rugby 'Didn't play just watched' - prudent move. Don't want to risk any black eyes for any photo shoots do we :).

[woodpeckers] 08/9/2019 18:30

For anyone who has a spare half hour, this is an interesting watch ...

It's all about the uptake of EV vehicles, particularly comparing Germany and Norway, making the point that this is a train on tracks and no government or anything else is going to stop it... in fact if you don't jump on board fast you are going to regret it.

The German government really need st take stock and alter their position or risk facing huge damage to their economy.

[east coker] 08/9/2019 18:20

What a man, even though he's currently 'On the deck of a medium sized cruise ship.... about 200 miles out from Honolulu' he STILL finds the time to drop in here and post this interesting news for us.

[festario] 08/9/2019 17:51

It's not VRS, but it's yet more evidence of progress on Graphene research...https://news.cgtn.com/news/2019-09-07/Chinese-scientists-achieve-world-s-smallest-graphene-folding-JNbpg5gykg/index.html

[woodpeckers] 08/9/2019 17:25

I just look at this investment as a once in a lifetime opportunity...you either grab them or you sit on the sidelines and wait...the choice is yours...

[canalet03] 08/9/2019 17:13

Post 78151 in the link Section 4 Eastern Promise , it is easy to see why there are a large number of discussions being held in these huge cities /provinces ,the areas and figures are mind boggling !

[ad631] 08/9/2019 16:49

Let us not forget from the Annual Report (page 11): 'We are now in discussions with many cities, provinces and companies in China, and signed a Term Sheet with BIGT in April 2019. Final contracts have yet to be completed, so there cannot be certainty' - I'm as hopeful as the next, but as the saying goes 'many a slip twixt the cup and the lip'

[woodpeckers] 08/9/2019 16:38

pshevlin, I think Neill is thinking further ahead than you...anyone buying in at these sorts of levels will be very happy in a year or two if this company even remotely touches on the levels it should reach...DYOR , I do.

[forestfred] 08/9/2019 16:33

There’s only one way to become a long term holder .

As many have already found out .

Likely then anyone who holds for the longer term will be well rewarded .

Ff

[pshevlin] 08/9/2019 16:19

The long term holders have already been rewarded if they were in around the 10p mark. It is we who were in just a bit later around the present price or just below (or above) that concerns me Woody.

[woodpeckers] 08/9/2019 15:48

...and if anyone needs any more convincing about how good Neill thinks the deal is, he also said :

"all our long term holders will be well rewarded"...

Happy and holding!

[woodpeckers] 08/9/2019 15:45

Great clarification 20pc and just a reminder and to get us into what will hopefully be a great week...

“No doubt this BIGT transaction will be absolutely critical in us setting up and being part of probably the biggest manufacturing set up in the world.”
Neill Ricketts

[johnveals] 08/9/2019 14:10

To state it simply.

Versarien has set up and owns 100% of Beijing Versarien Technology Company, a WFOE.

BIGT is negotiating to buy up to 15% of Versarien through the creation of new shares as authorised at the last AGM.

[timkford] 08/9/2019 13:58

Thanks both. Damn, must learn to read properly!

[20pc] 08/9/2019 13:50

Timkford, BIGT will be making a 15% investment in VRS not the new WFOE (Beijing Versarien Technology Company Limited). I am not sure if this represents 15% of the company before or after any shares taken by “existing and prospective private and institutional shareholders”.

I have no idea on the price per share at which the deal will be struck, I am sure that the negotiations would have taken into account the potential future value of the WFOE. Considering that Neill has mentioned that VRS will be part of a huge manufacturing operation (can't recall exact quote) this could lead to a deal at a premium to today's price. Although I would have thought that the price has already been agreed.

I don't expect VRS to be taking money out of the WFOE for a while as I am sure all revenue will be reinvested to cater for the huge increase in demand that this deal will trigger. However, the creation of the WFOE will allow VRS profit repatriation as and when. Hopefully the deal will include details of the size of the opportunity with regards to forecasts of tonnage expected and time-scale.

The deal will be a huge moment in VRS history and cement the co at the forefront of this new revolution, so I am not going to get upset if the target date slips. Enjoying the journey, tick tock.

[clint fleecewood] 08/9/2019 13:13

As I understand it TimK, you are broadly correct but the 15% is of the parent company (VRS) whilst the subsid. is wholly owned by VRS.

[timkford] 08/9/2019 11:49

The posts re BIGT are confusing me. I’m not an accountant but my understanding is –
VRS has to do something different to work with China. It’s setting up a subsidiary with China putting up a load of money to get up to 15% of this. Effectively this takes a chunk of VRS operations to one side and someone else owns 15% of them – so reduces income direct to VRS. But this gives VRS access to China (with the Ch. Govt promoting use of vrs technology) and as a wholly owned subsidiary, 70%(or more) of profits in China will go to the parent company – the one in which we have shares.
So, I don’t expect to be able to buy shares in the WFOE (no % of my holding at BIGT price or whatever), we will water down the company a fraction (15% of the Chinese operations) but the company will receive payment for this and get accelerated and govt backed access to Chinese companies.
Am I miles off?

[grabster] 08/9/2019 11:41

Haircut?
Does he think he still has hair?
:-O

[aquaesulis01] 08/9/2019 09:50

On the subject of EV batteries, couple of interesting facts:

There is 54 kg of graphite in each battery anode of the Tesla Model S (source slide 4 of the Novocarbon Winter 2019 presentation



Replacing graphite with graphene provides the following observed efficiencies:

Graphene anodes are said to hold energy better than graphite anodes and promise a charge time that is ten times faster than what is currently possible with Li-ion. Load capabilities should also improve; better longevity is another item on the wish-list that needs to be proven.

With traditional graphite anodes, lithium ions accumulate around the outer surface of the anode. Graphene has a more elegant solution by enabling lithium ions to pass through the tiny holes of the graphene sheets measuring 10–20nm. This promises optimal storage area and easy extraction. Once available, such a battery is estimated to store ten times more energy than Li-ion featuring regular graphite anodes.

Further improvements with graphene are achieved by adding vanadium oxide to the cathode. Experimental batteries with such an enhancement are said to recharge in 20 seconds and retain 90 percent capacity after 1,000 cycles. Graphene is also being tested in supercapacitors to improve the specific energy density, as well as in solar cells. Figure 1 illustrates the unique lattice of graphene made visible with scanning probe microscopy (SPM).

[chumbo1] 08/9/2019 07:01

Per CNN Re The VW deal with Northvolt. Volkswagen's electric future is quickly taking shape https://www.cnn.com/2019/09/06/cars/volkswagen-electric-cars/index.html

[amt] 08/9/2019 06:57

Perhaps Vrs could collaborate with Trackwise Designs to print circuit boards for light weight applications such as aircraft for a start