Versarien Share Discussion Threads

[luckyorange] 20/11/2019 08:52

Be good if the downhole tool works out and comes to fruition too.

This order is for 12kg of Versarien's high purity graphene nano platelets ("GNP-HP") integrated into a polymer masterbatch by the Company and follows successful laboratory testing and industrial trials by the Customer. The Versarien GNP-HP enhanced material will be used by the Customer in down-hole drilling components for their initial scale up process. If the scale up is successful, additional significantly larger orders are anticipated.



Neill Ricketts, CEO of Versarien, commented: "We are very pleased to have secured this order following extensive testing of our material by the Customer. It is validation of both the benefits our graphene can deliver in this application and our focus on building our US customer base.

"The oil and gas exploration sector is constantly looking for new technology to enhance drilling activities, allowing new sources to be reached more efficiently. This provides for significant cost and environmental benefits and we are proud that our graphene can play its part.

"We believe we are in a strong position to build a wider customer base in the oil and gas sector."

[tini5] 20/11/2019 08:27

We don't know Club, as well you know, because VRS have stated quite clearly that pricing is commercially sensitive and so might prejudice negotiations with other current and future partners.

That doesn't seem an unreasonable stance to me, especially when Graphene products have so much variance and are tailored to specific customer requirements.

[club sandwich] 20/11/2019 08:23

Tini - really? How much is it worth then? How much product over what period at what price?

[tini5] 20/11/2019 08:20

Not entirely true Bill: "Neills team can’t seem to get one commercial contract on the books."

There's the supply agreement with Aecom, that's a commercial contract and not insignificant imo.

Edit: In fact Club made the same point a week or so back and I gave a similar answer. I see that he's agreeing with you on your point, which suggests to me that some people are so entrenched in their negative view that they can't accept any positivity, even when it's spelt out in an RNS.

[luckyorange] 20/11/2019 08:17

Trolls with various nom de plumes ticking up their own posts by the look of it, I wonder how many there are that all relate to just a small no. of people. If you get ticks down they are impactful , not up 🤣

[jointer13] 20/11/2019 08:15

and just when we are coming in to global commercialisation...

[luckyorange] 20/11/2019 08:12

I have been down 20% on another share Soilderboy and it required not too much patience , a few months, to get a 25% return on it , if I had been more patient it would have been much more.

It is all relative how much 20% is in actual cash terms but seems to be what mm's do and shorters prey on insecurities to encourage people to sell at a loss so that they can make money from bad decisions, I will be holding for the foreseeable future but understand your ire in the short term.

Lost money in some shares in small amounts but Aussie companies are definitely ones to avoid . Good luck when you sell out and move on , it is a choice we all have.

[grabster] 20/11/2019 08:06

definition of a Letter Of Intent (LOI):

[billwave] 20/11/2019 08:01

Just to avoid confusion, there is an alias being used on here (biliwave) which is very deliberately close to mine. Not that it matters a great deal however but I'd still like to point out that it is not me. Regards.

[luckyorange] 20/11/2019 08:01

Pointless Troll thread this morning trying to shake people out.

[soilderboy] 20/11/2019 07:56

I am not. !

[flatcoat1] 20/11/2019 07:53

That's more bull than the head to head on ITV last night. You spend every single minute on here posting negative comments. You don't do it out of kindness to other shareholders, you are doing purely to drive the share price down

[club sandwich] 20/11/2019 07:42

"for me it?s deeply concerning that Neills team can?t seem to get one commercial contract on the books" You can say that again, buddy...

[biliwave] 20/11/2019 07:39

A morbid curiosity I guess, I think the product is innovative and will definitely become a prominent part of many aspects of life in the near future, that as much has been proven, but for me it's deeply concerning that Neills team can't seem to get one commercial contract on the books.

[tim3416] 20/11/2019 07:36

At least he's invested here billwave what's your excuse?

[rogerbridge] 20/11/2019 07:26

Morning all, another day closer here. Back to work.

[biliwave] 20/11/2019 07:23

Must be a wild party every evening around your house, it's like a record player stuck on the same note listening to the monotonous blather that you repeat frequently on here, please get a life!

[tim3416] 20/11/2019 07:15

Soilderboy - "Completely legged up in this share. Can't sell and walk away. I will sell if with out question if i can narrow the loss down to 20%."That is a shame but I don't think you can blame anybody but yourself for that situation soilderboy

[jointer13] 20/11/2019 06:38

I would imagine this one isn't far off...moved quite quick from july to sept.

"advanced discussions have now been held with the intent to form a formal commercial partnership in the near future"

6th 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.

[soilderboy] 20/11/2019 06:25

Completely legged up in this share. Can't sell and walk away. I will sell if with out question if i can narrow the loss down to 20%.How bad is that?

[66sequoia] 19/11/2019 21:25

hTTps://insideevs.com/news/383234/nikola-motors-battery-500-whkg/ .....some bedtime reading