Versarien Share Discussion Threads

[spike_1] 18/9/2019 08:01

Re query regarding VRS purchase of production machinery for 30 tonnes per annum:

my reading is that this is currently an exploratory / work up process with the machinery manufacturers.

At the point where bigger machinery is needed, it will then be purchased and - IMO - installed in the clients own product production facility and paid for by the client, and operated either by the client on a toll basis (likely), or by VRS on their behalf.

Best wishes - Spike

[grabster] 18/9/2019 07:58

Yeah but - do you seriously think that graphene development will be halted? (I'm not talking VRS - graphene in general).

The rules will change. Rules do. Ways will be found to redesignate or subdivide material classifications. Especially when global multinationals are involved.

[aquaesulis01] 18/9/2019 07:54

grabster, do some basic research on Reach before you spout off incorrect statements

The selling 'within the EU' restriction shouldn't be a problem if most of the company's production is for the wider non-EU world

Wrong

And presumably if UK is no longer in the EU, the UK production restriction won't apply?

Wrong

And whether UK is in or out of the EU, the EU will surely have to amend the limits for graphene, or get left behind in this revolution - as China storms ahead regardless (Versarien Beijing Technology Co Ltd included)

Yes and no

Why does it matter?

REACH is the strictest law to date regulating chemical substances and will affect industries throughout the world.

When REACH is fully in force, it will require all companies manufacturing or importing chemical substances into the European Union in quantities of one tonne or more per year to register these substances with a new European Chemicals Agency (ECHA) in Helsinki, Finland.

In essence, you have to have your graphene product covered by this regulation before you have a commercial product. European customers are unlikely to buy large quantities from you unless you can demonstrate compliance with REACH.

Does this affect my company even if I am not in Europe?

Yes. Similar regulations are already being developed in Korea, Turkey, and China; other countries are following and developing similar regulations to REACH.

Also, large multinational companies operate globally and tend to harmonize labeling and regulatory compliance to minimize duplication. By complying with REACH in Europe they will cascade the requirements throughout their organisations.

[jointer13] 18/9/2019 07:53

theres a lot of b/s talked on here...what do you think we have been doing for the last few years...completing the groundworks...verification... scale up..company in china...etc...etc...etc

theres one hell of a lot of work gone into it...on the verge of huge news.

don't listen to the naysayers.

[rainbow23] 18/9/2019 07:36

Today is pennyland day for vrs.

[pcjoe] 18/9/2019 06:58

Nice to see comments concentrating on the major outstanding block on vrs progress - getting out the the lab and into tin shed mass production - A 30T annual production process with consequent price reduction for clients is sorely needed - the co has been working on this it seems & it can’t come soon enough - On achieving the above And at about 50p - £1 per Gramme with a deserved p/e of at least 50, the Co will be de-risked & set to take off IMHO given the advances with polygrene etc - a few of us waiting to see this achieved before considering re-investing I think

[grabster] 18/9/2019 06:41

AquaeSulis0117 Sep '19 - 19:11 - 78658 of 78670
0 0 0
So equipment installed at Cheltenham capable of producing 30 tonnes per annum that will be restricted to producing only 10 tonnes per annum by EU REACH regulations as they currently stand.

The selling 'within the EU' restriction shouldn't be a problem if most of the company's production is for the wider non-EU world. And presumably if UK is no longer in the EU, the UK production restriction won't apply?

And whether UK is in or out of the EU, the EU will surely have to amend the limits for graphene, or get left behind in this revolution - as China storms ahead regardless (Versarien Beijing Technology Co Ltd included)

[ad631] 18/9/2019 05:39

Re: David Kerr told NanoSteve with a wink to keep his mobile on during his honeymoon - I don't know about others but isn't it time for the winks and such like to stop - only smiley face I want is one on shareholder faces.

[mryl] 18/9/2019 00:10

There is going to be an RNS soon, hopefully the big one.
RNSs per month:
0 in Sep so far
4 in Aug
8 in Jul
3 in Jun
2 in May
4 in Apr
7 in Mar
5 in Feb
0 in Jan

[luminoso] 17/9/2019 21:00

Hardy have a nice Chardonnay on offer at Waitrose

[1rookie] 17/9/2019 20:48

Any one got any recommendations?

[woodpeckers] 17/9/2019 20:16

You can't get much more positive jointer!

[jointer13] 17/9/2019 20:14

“The worst case scenario is all of the things coming off all at the same time,”

I like that.

[aquaesulis01] 17/9/2019 20:04

Then happy days jointer because I suspect successful testing of the new equipment coupled with a relaxation of the current Reach limit for graphene are both required to support/justify the hoped for VRS share price uplift.

[jointer13] 17/9/2019 19:51

aquae...it can be increased

We should also mention, that registration will continue if companies exceed the 10 tonnes sales or manufacturing level per year. Registration requirements then increase which will mean that a lot of studies need to be done. The highest registration level with the highest requirements is the registration for sales or manufacturing of more than 1000 tonnes per year. For graphene a gap analysis for a registration of more than 1000 t had been done and the consortium is working to break down this package into pieces which can be handled more easily. The package will also include the latest requirements set by ECHA for nanomaterials. For Graphene oxide also further work must be done – even though the registration has been accepted by ECHA. The consortium is in contact with NGA and the EHS committee of the European Graphene flagship program to align with the EHS activities within this organization/program. The clear goal is to avoid that studies are made repeatedly.

[woodpeckers] 17/9/2019 19:46

As it's Neill's birthday, thought we should have a few of my favourite quotes from him all together:


“One of the great things about graphene is that it’s a bit like some of the conventional materials but ‘on steroids’! “

"A huge validation of our technology."

“I have an idea of the scale this business will have reached in five years, but if I told you, you’d think I was crazy and lock me up.”

"all our long term holders will be well rewarded"

“The worst case scenario is all of the things coming off all at the same time,”

[jointer13] 17/9/2019 19:46

been discussed quite a lot...do keep up

of course they can produce 30t of graphene per year or even a thousand t (think scalable)...a very simple way just install more machines at current level or...

"Testing of new equipment is underway which, if successful, would expand our production capacity to up to 30 tonnes per annum of high quality graphene."

all about the machines.

we are progressing at pace.

[aquaesulis01] 17/9/2019 19:43

Thought I'd established the fact that they can't produce 30 tonnes per annum Davemac whether tests on the equipment are ultimately successful or not, unless REACH limits are extended. Current tested limit is 3 tonnes I believe.

[davemac3] 17/9/2019 19:28

Before it becomes "fact" on here that VRS can produce 30T of graphene per year I suggest AquaeSulis01 and others read post 73318.

[aquaesulis01] 17/9/2019 19:11

So equipment installed at Cheltenham capable of producing 30 tonnes per annum that will be restricted to producing only 10 tonnes per annum by EU REACH regulations as they currently stand.

[tini5] 17/9/2019 19:02

Festario

Festario1

Surely one Festario is more than enough?

[alchemy] 17/9/2019 18:54

We raised more than we needed for the Spanish takeover?