Versarien Share Discussion Threads

[matheus7777] 01/7/2020 07:24

Matt Walker joining full time is not a million miles away from a director buying shares IMHO. He presumably would have been on a pretty good wage working as a high ranking civil servant so he obviously feels there is huge potential at VRS

[1teepee] 01/7/2020 07:24

That will teach em for messing us about! Boom!

[luckykids] 01/7/2020 07:23

You have to laugh. The detractors moaning about the interest rate ffs. Is that all they gotThis relieves the reliance on China funding in one bound and puts us in a much stronger position for any future negotiations with anybodyEven pshevlin must be pleased with this goverments pro British business stance.lol

[tim3416] 01/7/2020 07:23

, the first of such magnitude by Innovate UK specifically for a project named G SCALE, (an acronym for Graphene-Seat, Concrete, Arch, Leisure, Elastomer) which is designed to enable Versarien to significantly increase its manufacture of quality assured graphene.

[chillpill] 01/7/2020 07:20

It looks like the UK Govt had the same concerns as me about doing the Chinese deal. A lot has changed politically over the last year.

[breedsy] 01/7/2020 07:20

I think that is the right move to show China some strength that we are not messing around and make them think. Good move. Loan is promising, needed to G-SCALE up production for seats,arch etc. Sounds positive. Matt staying is also very good working alongside JS. Good team

[andymoore07] 01/7/2020 07:18

Yes hopeful of an update on winsun!

[andymoore07] 01/7/2020 07:17

Loan repayments not for 45 months, must be confident then to award the largest loan of its type

[tim3416] 01/7/2020 07:17

Fair play Neill and team, sticking to their guns. Bring on Winsun. Matt stays and significant finance sorted too. :-)

[captain_kurt] 01/7/2020 07:16

If they had not agreed to the interest rate on the loan the share price would have halved on open. Gives Ricketts more time to get decent graphene orders

[andymoore07] 01/7/2020 07:15

The first of its kind and called G-SCALE, notice what the letters stand for and for commercial scale production

[battery] 01/7/2020 07:13

Hmmm

Backstop triggered, Matt Walker joins as a permie and we have a £5M loan with good terms.

[jointer13] 01/7/2020 07:12

£5 million Innovate UK Loan Agreement

Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce that the Company has been awarded a legally binding £5 million loan facility ("the Loan") by Innovate UK Loans Limited, a wholly owned subsidiary of UK Research and Innovation.

Innovate UK has been running a n extended pilot innovation loans programme over the past three years with £75 million committed to the scheme with normal loan amounts of up to £1million. The innovation loans are targeted at UK small or medium-sized enterprises (SME) that want to scale up and grow by developing new or improved products, processes or services , as well as late-stage research and development projects that have not yet reached the point of commercialisation.



The UK Government, via Innovate UK, has agreed to the provision of the £5 million L oan to Versarien , the first of such magnitude by Innovate UK specifically for a project named G SCALE, (an acronym for Graphene-Seat, Concrete, Arch, Leisure, Elastomer) which is designed to enable Versarien to significantly increase its manufacture of quality assured graphene.

The award of the loan , which occurred on 1 July 2020, follows a rigorous process of innovation assessment and is intended to facilitate the production of sufficient quantities of graphene by Versarien to enable market supply of commercial quantities of graphene-enhanced materials.

Loan repayments will commence 45 months after drawdown and be paid over a subsequent period of 36 months. The Loan attracts at an interest rate of 7.4% per annum with half of the interest deferred until the repayment period commences. The loan includes normal commercial financial covenants, together with certain operational covenants designed for UK IP protection.

The loan will be available for drawdown following perfection of normal commercial security arrangements in eight quarterly tra n ches, the first of which drawdowns is expected within the next month. Further, details concerning the Loan will be provided upon the completion of security documentation, which will be announced in due course.



Neill Ricketts, CEO of Versarien, commented: "Versarien is delighted to have been awarded this loan by Innovate UK, which acknowledges the work we are undertaking and advancements made Our vision for the business also sits within the context of the UK government's industrial strategy 'Grand Challenges', which is focused on clean growth, the ageing society, AI and the data economy and the future of mobility. The loan will help Versarien step up its graphene production capacity so that we can expedite the commercial adoption of graphene enhanced materials"

[davemac3] 01/7/2020 07:12

That's a hefty interest rate on the loan

[ridicule] 01/7/2020 06:57

Jointer 13. You need to read your two posts again, look in the mirror and reflect on what you have written. Totally immoral!
Unmitigated ramping by people like you on this thread with no acknowledgement whatsoever of any downside is immoral.

Read Mandatoy’s post.and reflect on the contribution you have made to encourage people to buy, when the investing level of uncertainty, because the share price has got ahead of itself, would argue otherwise.

Let’s see what the next few days bring. If VRS can deliver good news in terms of China the shares will rise. If the Company is still in the position where they are unable to announce a convincing way forward in China or there are no signs of a collaboration producing a commercially lucrative contract the shares will fall. That is fact not B/S.

With the number of shares that I hold, and for people like Mandatory, I clearly hope for the former outcome.

I have never read a balanced post from you where the downside is considered as well as the upside.

I can anticipate some of the responses I will get to this post and will not be bothering to reply to them, since I have set out my thinking in the last 12 hours in some detail on this thread. None of my thoughts are offered as advice, they represent an opinion. I thought that was one of fundamental point of a discussion group - an exchange of views. Clearly not when it comes to some people on this Group.

[rogerthegrouch] 01/7/2020 06:42

Trading/cantilevering is fine, derisking is fine, even hoping for a dip is fine. What is NOT fine is trying to steer shareholders to support ones current position with super negative and cunning posts.

You could argue I ramp but I genuinely just want people on the journey with me. My gift to everyone I meet is VRS which I’ve worked hard to understand. You’ve all seen how much I top up. I’m still earning and would actually welcome a lower share price. I don’t deramp so I can buy more lower or engineer dips because I personally find that behaviour immoral and frankly despicable.

[pentacosttempleton] 01/7/2020 06:32

ridicule

I enjoyed your analysis but the backstop can simply be moved by mutual agreement giving both parties more time to complete the transaction. Given what's been going on in the world lately that would be entirely understandable.

We should get an RNS in half an hour to explain things.

[jointer13] 01/7/2020 05:40

and i am not interested in your smart responses...i go by the way you conduct yourself on here...totally immoral.

[jointer13] 01/7/2020 05:36

i see rid spouting the same old b/s as he normally does when things dont go his way.

lets be very clear here...rid calls it cantilevering,the rest of the world calls it trading!

[ridicule] 30/6/2020 23:33

RTG I suspect I have invested in more VRS shares due to the leverage derived from my canti-lever strategy over the last 5 years than you have. You paint a caricature of me, using selected phrases from my posts, (that are intended to be analytical weighing the pros and the cons), in a quite unpleasant way. You omitted my closing phrase of the post that you have used to launch your quite unfounded and pernicious attack against me. Here it is:

“VRS will not continue running on Hope given the amount of time they’ve already been doing that. This is not to question the ultimate destination, it is merely to point out the investment calculation that a levelheaded investor should be making.”

I still believe in the ultimate destination of VRS which is why I still hold hundreds of thousands of shares. I am an investor not a trader as you quite scurrilously try to assert. Investors continually balance risk and reward based on fact, not arm waving eulogy. The market does not judge share value on what a bunch of individuals like you and I say, or do not say, on a thread like this. They balance their judgement on how the actual Company performs financially and they use financial metrics to make that judgement. These in turn, are driven by the buying and selling patterns of the share. Sometimes a quite exceptional company with an exciting vision and an imaginative strategy, just like VRS, emerges and the shares reach heights that are based on hope and expectation. That state, regardless of committed disciples like you has a finite period of time, before the need for financial metrics to underpin the dream have to emerge.

Conversely many PIs, particularly inexperienced ones, hang on the words of evangelists like you. Some of them may well not be able to afford a significant loss.

I do not comment much on this thread anymore because of the manufactured vitriol from people like you and a few others.

[mandatory] 30/6/2020 22:43

I think I’d rather be sitting on the sidelines with a very significant amount of money than half my pension in VRS.

Of course, that half is worth less than half what it was. The half that wasn’t in VRS is still worth what I put in.

I’ve been away from this board for at least six months, and I come back and it’s all the same unflappably and aggressively positive guff, no matter what setbacks are unveiled, nor what fails to materialise when it’s meant to - this June no show being the latest of many.

Honestly - what would it ACTUALLY take for people to realise or admit they’ve invested in a dud?

I think it’s time for me to admit that I have made a big mistake here. I’ve been invested here for years and despite all the big talk and tweets about graphene nobody vrs have been talking to or collaborating with has put demonstrably their hands in their pockets so far.

What a bloody shambles.

[forestfred] 30/6/2020 22:30

Hear hear Roger !

It comes when it comes if your a investor.


Good luck alth
Ff

[rogerbridge] 30/6/2020 22:24

This is a long term investment in the most amazing 2D materials company, Graphene being just one ace in their pack.

Winsun, AECOM , China, Korea and elsewhere it’s all coming together. To be honest it has been far slower than anticipated, but it’s looking far larger than I expected just three years ago when I first invested.

I am quite happy to wait but happy to be surprised if there is news tomorrow.

GLA