Versarien Share Discussion Threads

[matheus7777] 13/11/2019 11:56

Oh dear. Shorters and scumbags really trying to drop the price today, must be starting to panic. They aint getting mine!

[jimboau] 13/11/2019 11:55

A placing may be on the cards real soon then, the 'BigScam' placing?

[jimboau] 13/11/2019 11:53

AECOM promised in Q1, lol. BigTease promised by end of Q3, lol. NR and his cronies are the only ones making money here.

[66sequoia] 13/11/2019 11:46

Only if you listen to them.....filter the vagabonds.

[loglorry1] 13/11/2019 11:46

Cash at 31 March 2019 of £4.3 million

Yes but I think they had to send some money to Gannomat. Plus Neill has increased his salary significantly so probably other senior staff members also. They've also spent more on the Graphene side of the business with a few more hires. They've also had to pay for verification (might have been in H1). The US business was expanded and they probably had to pay off Patrick when they found out about his fraud charges.

I think by year end they'll be a lot less cash than folk think here. They were expecting to get cash injection from BIGT but what a surprise none cometh.

I'm pretty sure they'll raise again soon. Neill will no doubt not take part again and claim he'd love to then shortly after sell more of his shares. He's pretty reliable that way.

[1teepee] 13/11/2019 11:41

I think it from the agm

[dolores123] 13/11/2019 11:40

Where are you quoting from and when was it presented. Otherwise its meaningless.

[billwave] 13/11/2019 11:37

Cheers festario, I stand corrected.

[kemorkid] 13/11/2019 11:22

That’s my boy Verger
Having s little nibble myself!

[dreamtwister] 13/11/2019 11:15

vrs has been very good for me....ktf

[festario] 13/11/2019 11:09

could HAVE done worse Bill.

[jointer13] 13/11/2019 11:09

"progress is progress"

this is moving along quite nicely.

26th july.

LOI with Global Apparel Manufacturer

Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce that it has signed a Letter of Intent ("LOI") with the Company's textile sector collaboration partner (the "Partner') covering the initial launch of high performance sportswear incorporating Versarien's graphene ink technology.
The Partner, who has a collaboration agreement with the Company, as announced on 8 January 2018, is headquartered in Asia and designs, develops and manufactures a range of different garments for well-known apparel brands globally.
The LOI follows successful independent tests carried out in the UK involving the incorporation of graphene into textiles via fabric finishes using Versarien's graphene ink technology developed by the company's subsidiary, Cambridge Graphene Limited. The testing has demonstrated that the incorporation of Versarien's graphene inks into the textiles provides a number of potential benefits to a user of garments made from them, including enhanced thermal and moisture properties.
The non-binding LOI sets out the intent of the parties to enter into a formal commercial relationship regarding an initial launch of high performance sportswear. The LOI also commits both parties to further product development across different textiles and graphene delivery methods.
Further wearer trials are now underway with a number of well known global sports brands, along with other Partner customers.
Neill Ricketts, CEO of Versarien, commented: "We are delighted that this collaboration has moved to the next stage with the signing of the LOI. This was the first major collaboration we entered into for our graphene ink technology.

"The independent testing that has been carried out has demonstrated a number of significant benefits that the addition of our graphene can bring and we are confident that the further wearer trials will validate this. We look forward to continuing to work with this Partner with the goal of introducing graphene enhanced high performance sports wear to the market as soon as possible.

24th sept.

"As reported on the 26 July 2019, the Company had signed a Letter of Intent with its Asian based textile partner. I can confirm that advanced discussions have now been held with the intent to sign a formal commercial partnership in the near future.

Our other collaborations that we outlined in the annual report continue to progress in line with the Company's expectations.

look past the noise and its all looking really good.

[rainbow23] 13/11/2019 11:07

This is the best share I've never owned. Keeps on giving.

[verger] 13/11/2019 10:56

Kemorkid, not just holding but buying.

[dreamtwister] 13/11/2019 10:55

acp chinese offtake partner in partnership with microsoft !

" cloud computing "

many industry conglomerates are taking direct offtake agreements to ensure supply.

acp has world class quality flake graphite "51mt" which will attract premium prices.

imho copper is the jewel in the crown for the green revoulution.....mtr

[forestfred] 13/11/2019 10:51

The house Trolls are hungry today :-)

Same day same old trolls .

They got to earn a living I suppose .

They seriously can damage your wealth

Ff

[billwave] 13/11/2019 10:50

I could have done worse, I could have held onto them ;-)

[club sandwich] 13/11/2019 10:48

All that is fine, but why are there no supply contracts being signed in the meantine with a Unilever, a DDP, an IAI, a Pirelli or similar? What's the holdup with those, hmmm?

[biliwave] 13/11/2019 10:47

Exactly like the confirmation bias you have relating to your decision to sell your shares (making little to no profit on your VRS holding), well done Bill - good job, Warren Buffett would hold you in the highest regard :)

[billwave] 13/11/2019 10:35

Aintree77 - Like it or not they are all facts, even the ones you don't want to hear, some folk are just very selective at the facts they pay any attention to and believe, anything outside of what they want to hear is met with a response of belligerent contempt, it's called confirmation bias, and it won't serve anyone well as a successful investor.

[metis20] 13/11/2019 10:33

Preliminary Results for the year ended 31 March 2019

Loss before tax of £2.8 million (2018: £1.6 million) after share based payments charge in the year of £0.7 million (2018: £0.1 million)

Cash at 31 March 2019 of £4.3 million

[luckyorange] 13/11/2019 10:31

"BIGT? No holdups with the BIGT agreement, the deal has just got significantly bigger than originally imagined with more Chinese agencies involved and therefore could not be concluded pre-AGM as had been originally hoped.

There are no worries about the speed. BIGT is not a customer but an enabling agency who will set the tone in China on a National scale, fully backed by the Chinese government. NR said there are other graphene companies in China, but the Chinese have become aware of quality issues with many of them.

BIGT is to be the enabling Tier 1 partner, a role similar to GEIC in the UK, with provinces such a Shandong [which includes the possible Jinan factory] are to be Tier 2 partners. NR would not be drawn on a completion date but it seems likely to be soon.

Completion of the deal will provide access to much more capital which will make a significant difference to all aspects of company progress. MW added that this is our first overseas expansion and it’s vital to get it right."

[ic0gcds00] 13/11/2019 10:25

SuprG and Co thinks ricketts is the new messiah iam sure