Versarien Share Discussion Threads

[andy] 16/1/2020 11:03

Sandbag,


Interesting article, and conclusions, dealing with the Chinese is normally difficult, and IP protection is one of the main issues n the US trade spat.


Here is a clickable link to your article:

[deeplane] 16/1/2020 11:02

Trust is everything,so if the Chinese are being ambiguous and then the trust in them is not strong,time to walk.imo

[sandbag] 16/1/2020 10:44

Dolores 123,

It's been said many times that if he can't guarantee the security of the IP Neill will walk away from the deal. As posted earlier there appears to still be some "fogginess" in the new Chinese laws. Perhaps that' what's causing delays to any Chinese deal.

hxxps://www.chinalawblog.com/2019/12/chinas-new-foreign-investment-law-and-intellectual-property-protections.html

"We had actually written extensively on the new Foreign Investment Law earlier in the year and planned to write more on it when its specifics became clearer, but — as is often so typical of Chinese laws — they never did."

[dgduncan] 16/1/2020 10:30

Here is the Chinese motor :

I do not know of any Chinese motors being used internationally and if so, it would be a very small % of the market.

[dgduncan] 16/1/2020 10:14

Super - it is the stator in the drilling motor for sure - nothing else fits. This is only one application but as you say there are many others. It is just one type of elastomer (Nitrile Butadiene Rubber(NBR)being used by this supplier. Many more elastomers are used elsewhere in seals etc and who knows - most likely the companies will be investigating what graphene can do for their products.
The idea of graphene enhanced stators is not unique to this un-named company. A Chinese company produced a drilling motor with a graphene enhanced stator and claimed a 20% increase in drilling rate. I have not heard of this being being marketed internationally but I am sure it would have caught the eye of others in the business. Who knows what sort of 'graphene' they used but I would hope for better using the best graphene.

[laginaneil] 16/1/2020 09:49

Hello Folks,

I liked that May 2019 article 66sequoia pointed to. Even forgetting stators

and seals look at that list !

Nano-sensors sent through the wellbore and then recovered as “nanodust̶1; with
extracted oil can provide data on the reservoir’s characteristics and the
nature of the fluid flow.

Nanoparticles can also change the viscosity of drilling muds – addressing the
problem of thick drilling mud increasing the force required for extraction.

During hydraulic fracking, nanoparticles can help to increase the viscosity of
the fracking fluid and so improve its rock-fracturing ability.

In oil recovery, nanoparticles can reduce oil viscosity and alter wettability
to improve oil mobility and hence recoverability.

Nanoparticles have also shown promising performance in scale inhibition in
oil recovery equipment and the recovery of hydrates.

Nanocoatings and nanomembranes can be used in the refining stages to separate
gas streams, remove impurities and suspend oil droplets.

It cannot be disputed that nanotechnology will play a major role in oil and gas sector.

The nanotechnology industry is large and growing, anticipated to be worth US$75.8bn by 2020.

[1teepee] 16/1/2020 09:45

Even Neill doesn't ramp like you

[1teepee] 16/1/2020 09:27

Rns rns rns rnsPlease;)

[superg1] 16/1/2020 09:13

Evergreen

I didn't know there were palmers in downhole drilling other than protective parts for some electronics. I know that as a mate of mine supplies them to Halliburton.

There also supply domestic gas type applications. I asked if there are failures and yes was the answer, I mentioned graphene for the product. His reply was that want them to keep failing re business.

My reply was that non failure improves brand recognition and that it costs the brands they supply. Then if you have a superior product your business grows as you gain new customers etc etc. If you don't someone else will and you may lose business.... food for thought.

That is where I am with on the O and G depending on what polymer or part it is. It could extend into a much wider industry.

If it works in extreme conditions it will do well in normal conditions. The chemical industry is huge.

Ignoring that I believe the commercial deal will potentially be large for VRS and if running into millions. Which in terms of what is going in now for graphene, is highly significant.

Is the end user an oil company, and O and G operator in the field or a parts supplier to the oil industry etc.

Either way VRS see it as big.

[shavian] 16/1/2020 09:11

When we read that Richard Branson is 'incredibly excited' about the prospects of graphene use in aerospace, we VRS LTHs should be positively wetting ourselves with excitement.

[0ili0] 16/1/2020 09:09

Superg - indeed. However the job of creating users was probably outsourced.The mirroring on iHub is hilarious.

[club sandwich] 16/1/2020 09:08

"24hrs to 48hrs monthly RNS ;-) .... which one of the 4 or a new one :-0"

because the last one of the Big 5 - the textiles - did SO much for the sp, didn't it?

[dolores123] 16/1/2020 08:57

Good post Jointer. Also though I would like to see VRS publish more detail re ongoing sales ie amounts. And why is China not progressing?

[jointer13] 16/1/2020 08:54

don't believe what the lying scum say.

things are getting better all the time...ok we get impatient waiting for the orders to pop...they are on it...them who understand the business realise.

these are gigantic orders we are talking about...hence getting everything ready for this moment of commercialisation.

[evergreen8] 16/1/2020 08:53

Super
It could be the stator AND the seals.

Both would produce significant benefits and cost savings.

Re the cost viability of including Graphene or HP the service sector, as Dg said “have been squeezed till their eyes pop” by the operators to reduce costs but they are all competing on a level playing field experiencing the same performance limitations and downtime costs which Halliburton quote to be 31Billion Dollars globally.

The point is the service sector will NOT view the cost of enhancement as eroding profit margins they will all be able to reduce their operational costs while keeping their revenues static providing additional profit until the operators start to take their share.

The first movers who will have lower operating costs will have strong competitive cost advantage and will win market share until the competition catch up.

This I am delighted to say ensures that VRS enhancement will inevitably become industry standard.

There is every reason to expect the news for O&G in the near future IMHO.

GLALTH

[66sequoia] 16/1/2020 08:50

hTTps://www.bdo.co.uk/en-gb/insights/industries/natural-resources-and-energy/reaping-the-benefits-of-nanotechnology-in-the-oil-and-gas-industry ..

[jointer13] 16/1/2020 08:46

a repost to counteract the scums lies...any newbies read the rns's

we are a pre profit company...that's all about to change.

in unison (all at the same time)


facts...just some of them.

First graphene company in the world to complete the US Graphene Council's "Verified Graphene Producer" programme

Continued progress in international expansion, including receiving the first graphene orders in the US and Japan

Large-scale industrial prototype to improve rail transportation infrastructure, using Versarien's graphene enhanced polymer technology showcased and successfully in test to date.

Successfully incorporated wholly foreign owned enterprise in China (Beijing Versarien Technology Company Limited) with a business license granted by the relevant Chinese authorities

Receipt of EU REACH approval to manufacture up to ten tonnes of graphene per annum

Commercial partnership agreement signed with the Company's textile sector collaboration partner, MAS Innovation (Private) Limited, the first demonstration of Versarien's graphene commercialisation strategy with a major global partner

"We have also signed a non-binding term sheet with the intention of setting up manufacturing in Shangdong. under a joint venture between Versarien and Jinan Bo Guan Building Engineering Co., Ltd with controlling ownership residing with Versarien. JBG would, together with associates, be responsible for the construction of a graphene valley park over a three-year period and JBG have expressed an interest in taking a strategic investment stake in Versarien as part of any transaction. Legally binding contracts have yet to be signed and updates on progress will be made in due course.

"Over the period under review and subsequently, we have been progressing our business both in the UK and globally. The focus remains on our graphene commercialisation strategy and we are now actively working on 40 mainstream projects with our commercial partners, have a further 24 projects underway and active research ongoing on another 17. We continue to focus on the projects most likely to produce near-term significant revenue streams. These include graphene-enhanced transportation arches, 3D printing of concrete, aircraft interior parts, parts for down hole drilling in the oil and gas sector and graphene enhanced textiles.

[evergene] 16/1/2020 08:33

Lots of pumping going on this morning on other threads. Thought no more research was being shared? Most of it looks like pie in the sky speculation. This is a critical position in the chart. Next support is somewhere down in the 60s.

[superg1] 16/1/2020 08:28

My point is a stator sounds like it's generally specific to oil drilling, whereas another part may have a crossover onto other sectors.

EG if graphene makes push fit viable for gas then you have a whole host of time saving and safety features coming in.

EG all gas pipes have to be soldered using a blowtorch, each time that happens meters have to be disconnected and so on etc etc.

So I'm just thinking is it to do with chemicals and heat, not the stator and therefore becomes relevant not only in that industry but more wide spread.

Clearly there is an issue somewhere that needs a fix. The fix has been proven in testing as per the news.

As you know dragging a drill back out on a failure is a highly expensive event.

[squire007] 16/1/2020 08:27

24hrs to 48hrs monthly RNS ;-) .... which one of the 4 or a new one :-0

[superg1] 16/1/2020 08:24

DG

I don't think it's the stator.

You mention rubber and rubber came up in other posts. That rung bells with me on the basics of natural gas supply into premises.

With water you can use push fit (rubber seals). Gas has about 30 times less pressure than the water but you can't use push fit. The reason is the contents in the gas over time destroy the seals.

The addition of graphene we know helps products become more resistant to chemicals, in that case Hydrogen sulphide. It also improves heat dissipation and increases strength.

Now looking at the news they said HP not Nanene.

That leads me to believe it's more about chemical protection and heat dissipation rather than the full extra strength needed. HP will add strength.

Rubber is an insulator, those are extreme heat and chemical environments down there as you know.

[superg1] 16/1/2020 08:15

Oili

There are probably 100's of 1000's of false users clearly registered by ADVFN for ad click claim purposes on subscribers.

All registers typically about 18-20 years ago and as you say they never post.

1, 11, 111, 1234, etc etc etc. It's easy to test it.

All here may be surprised to know they are subscribers to the US version website too, ADVFN kindly moved you all across. Not that you know it.

[tini5] 16/1/2020 08:07

UT trade from close yesterday making it appear we've opened 2p down.