Versarien Share Discussion Threads

[ramridge] 17/1/2020 08:36

It looks as if the market is positioning for a cash raise.
Last HY results @30/9/19 show cash left £2.6m
Annualised burn rate looks like £3m.
So they haven't got enough cash to last to end of this FY.
Unless there is fantastic news round the corner, they will have to offer a juicy discount to attract new funds.
Just my opinion. DYOR

[jointer13] 17/1/2020 08:33

"Would that be right that shorters are getting twitchy, are the shorts being recalled, what is happening , calm before the storm!"

could be right there lucky...they have been smacking of desperation lately

[squire007] 17/1/2020 08:32

O yes we are :-)

[j1nxed] 17/1/2020 08:31

@laginaneil

They are set to produce at least 2 products


hxxps://www.nanoxplore.ca/sds-tds/

They are looking to replace part of the carbon black industry ($17 billion in revenue) but will also produce a more high end material (0x).

If I were to follow the money I would find that they have raised capital to actually begin commercialization and also found a strategic investor in the form of an end user. VRS has neither, but it is also further down the cycle since they can only focus on the niche segment because they can't deliver bulk quantities needed for a carbon black replacement.

[club sandwich] 17/1/2020 08:18

"the amount of sectors we are in is incredible." And not a single significant contract in any of 'em. Incredible...

[superg1] 17/1/2020 08:13

Lag Pleeeeassse Nooooooooooooo.

We have been through this on various companies. Even Warwick of FGR who piled into Talga and his '12 months of research' learned the hard way.


Where companies worth 10's of billions have failed over a decade to master it these ASX and TSX graphite mine connected folk seem to just pop out the answer, like picking up a Big Mac at the drive through.

[woodpeckers] 17/1/2020 08:12

Interesting that Gnanomat is classed as a key player in the aerospace energy storage market...

[jointer13] 17/1/2020 08:11

jinxed...you would do well to take notice of sg...he is well clued up on the subject.

[luckyorange] 17/1/2020 08:10

Didn't Talga make similar claims, b/s no longer baffles brains.

[laginaneil] 17/1/2020 08:07

Hello j1nxed,

Maybe that's graphite eh? Can't see how that will effect graphene prices.

Can you explain?

[superg1] 17/1/2020 08:01

J1nxed as explained before. Same old, same old.

You'll learn.

[j1nxed] 17/1/2020 07:55

Nanoxplore just announced they will start the commissioning of their 4000/tpa plant in early February.

hxxps://ceo.ca/@nasdaq/update-on-commercial-graphene-facility

As I have discussed earlier in this thread, they have received backing and capital to actually move to large scale production which could have an absolutely massive impact on both graphene prices and the market as a whole.

Mcap for GRA = 109m GBP
Mcap for VRS = 115m GBP

I hold GRA for early cycle bullk graphene that will actuaöly be the start of the graphene cycle. I hold VRS for the late stage cycle potential with VFL graphene for low tonnage but high premium potential

[evergene] 17/1/2020 07:53

Now that's what I call pumping on the other thread. Thought no more research was being shared, if you can call it that. The bulls know how critical this level is, that's why its been fought over so strongly for three days now. The chart declining chart pattern suggests once this breaches 75p on a close it will quickly move through 70p and into the mid 60s. It may even be dragged down to 59/60p support before a traders bounce plays out. Please watch out, it has FAILED at EVERY SUPPORT level after touching it on the way down. I don't have to explain that, look at the chart and it tells you all you need to know. Sentiment is shot here and with no news it will be played down into the 60s.

[luckyorange] 17/1/2020 07:46

Would that be right that shorters are getting twitchy, are the shorts being recalled, what is happening , calm before the storm!

[vice versa] 17/1/2020 03:38

Gnandomat!

[vice versa] 17/1/2020 03:36

Only a matter of time before the hens start charging. https://www.chemistryviews.org/details/news/11212279/Graphene_Catalyst_Doped_with_Chicken_Poop.html

[1teepee] 17/1/2020 01:00

Didn't think we were doing air conditioning?

[squire007] 16/1/2020 23:32

Air-con update due as well, so many sticks in the fire ....

[evergene] 16/1/2020 22:43

I think the forties is over cooking where the fall will take it. It may touch into the 50s as I've described in my previous post but without news the 60s looks like the most compelling direction based on the chart.

[forestfred] 16/1/2020 22:39

How’s is everyone doing .

I have been sat in a comfy chair this evening watching the logs on the fire gently burn away , feeling very relaxed and optimistic and reflecting on the amazing potential of things yet to come.

Exciting or what ! !

I’m honestly Looking forward to hearing about every single collaboration coming to its conclusion with the large global companies and the smaller ones too and the potential onward journey that may follow .

So many sectors and so much continued development I believe yet to unfold .

We’re still just scratching the surface .


Good luck and best wishes and good night.

Always optimistic for the dawn chorus and the thought of a RNS to start the day .
Ff

[volsung] 16/1/2020 22:14

I hope to be buying this in the forties

[evergene] 16/1/2020 22:12

Now that's what I call pumping on the other thread. Thought no more research was being shared, if you can call it that. The bulls know how critical this level is, that's why its been fought over so strongly for three days now. The chart declining chart pattern suggests once this breaches 75p on a close it will quickly move through 70p and into the mid 60s. It may even be dragged down to 59/60p support before a traders bounce plays out. Please watch out, it has FAILED at EVERY SUPPORT level after touching it on the way down. I don't have to explain that, look at the chart and it tells you all you need to know. Sentiment is shot here and with no news it will be played down into the 60s.