Versarien Share Discussion Threads

[kemche] 27/7/2020 16:57

To those saying that the government would have done their due diligence and shows that it knows what it is doing, does anyone recall what happened to this and whether we transformed the electric vehicle market?

"Press Release 16 July 2013

Versarien plc

("Versarien" or the "Group")

Versarien wins Technology Strategy Board grant for

disruptive technology in the automotive industry

Versarien plc (AIM: VRS), the advanced engineering materials group, is delighted to announce that it is to lead a GBP560,000 project consortium that have won a grant of GBP317,000 from the Technology Strategy Board, the UK's innovation agency, to develop innovative technology with the potential to transform the automotive industry. The grant will fund the development of a technology capable of providing thermal management specifically for use in the power electronic modules of electric vehicles ("EVs") and plug-in hybrid electric vehicles ("PHEVs").

The market for EVs and PHEVs is primed for growth, driven primarily by EU legislation aimed at reducing CO(2) emissions, with fines set to be imposed upon car manufacturers which don't meet certain criteria. As a result, it is expected that a range of new, desirable EVs will enter the market over the next 18 months. The grant awarded to Versarien is part of a GBP16 million Technology Strategy Board programme to support early stage "proof of concept" development of transformational technology within the automotive industry.

Versarien will be collaborating with Applied Materials Technology Limited, a leading specialist in plating advanced materials for industry and Dynex Semiconductor Limited, a supplier of high power semiconductor devices and power assemblies. Together they will integrate a number of components in new power electronic modules aimed at providing a step change over current industry performance, which is compromised by high temperatures.

Excessive temperatures increase power losses and reduce component lifetimes of power modules, therefore a particular focus will be design for thermal management. Versarien intends to use its patented porous metals with innovative finishing and bonding techniques to allow high power density ratings to be delivered with the low thermal budgets available in automotive hybrid/EV systems. In developing the technology, the Company will be guided by leading technology players in the field to ensure that the specification of the proposed device is in line with the requirements of the wider industry and remains so throughout the duration of the project.

Neill Ricketts, Chief Executive Officer of Versarien plc, said: "We are delighted to have won this grant from the Technology Strategy Board. The fact that the Government has committed GBP16 million to innovation within the automotive sector will help to drive British business and allow companies like Versarien to transform scientific breakthroughs into commercially viable products.

"I am confident that the completion of this project will provide an important step towards the UK being a global leader in the development and production of high technology components for the electric vehicle market, a market which is set to grow exponentially over the next 35 years."

The project is expected to take two years and will commence in Q4 2013."

[mavfav] 27/7/2020 16:56

I have deliberately sat in the background and watched for a wee while and not posted and that was to let others come and dominate the board and show true colours. That has been donePent good luck with your shares and it was short and sweet but thanks for your time and effort. I think timing is everything and given previous statements questioning your integrity as a "new" yet seemingly very well informed investor I guessed you had a precious name and kept that hidden.TW surfaces at the weekend and timing again is everything, I'll park that there.So why did he hold on to that non piece of information? Was it as he thought it contained more info than the Russia report? Or was it a case of he was chasing other stuff and couldn't monetise it at that time. I think the latter. So a self proclaimed Sherrif who deliberately withholds information until he is ready to monetise it doesn't sound like a good cop to me. Maybe he's been hanging out with Levi for too long I don't know.The reason he held on to that non information was now he knows that someone is coming and it's time to target this week before the beginning of next month. Why then? Well I'm guessing as BVT comes wholly owned we now have the opportunity to do as we want with it. If you noted the statement it said originally we will take over 100% ownership for the time being or words to that effect. Those that are long term investors who have researched the company are adding (I am) and will be on pay day tooThere are some that have jumped ship previously that are sat awaiting, watching, playing elsewhere and in some cases appear to be losing heavily. Some will have made money too. One thing for sure is they are lurking and will imho be ready to return.The football season is almost at its end 1Aug approaching rapidly and lots of focus on the recovery. It's going to be a new world and we are imho primed to move with those opportunities.Many companies are rethinking the how it was to be how it should be. Supertankers are seeing this as their opportunity to effect change or be left behind. Us speedboats are ready and poised to ensure they can make that happenPlastic bottles will not be as they were and not because they didn't do a job but because of the green driver. That is to me the most significant driver atm with bottles, packaging and environmentally streamlined processes and manufacturing.I want TW to double and treble down as I want to smile lots and scareprophets will be even more laughableI know nooothing

[stellainvests1977] 27/7/2020 16:50

VRS brings a whole new meaning to the word imminent

[kemche] 27/7/2020 16:48

"VRS has the capability to spike dramatically from the the current price on good news" which I have been led to believe is either imminent or very,very,very soon. But then we have also been informed that "no news is good news". So a win/win either way. And you can't say fairer than that.

[chelsea101] 27/7/2020 16:44

I’m sure I’m stating the obvious but we are seeing almost on a daily basis people moaning about the falling share price after admitting they are selling. I’m not sure what they expect as posting negatively and selling shares normally leads to a falling share price - especially during a quiet news period! As I pointed out last week, Synairgen drifted more than 50% over a 3 month period and when news came last Monday they were 37p. Today they are 223p. Symphony Environmental has almost doubled over the last week on a decent rns. VRS has the capability to spike dramatically from the the current price on good news and those that keep saying there is plenty of time to get in on a good rns might well have to pay double the price we sit at today.

[kemche] 27/7/2020 16:42

The LTHers on the professional board are loving this as they can buy shedloads at these giveaway prices knowing that a MOU/collaboration/agreement/termsheet can land at any time.

[kemche] 27/7/2020 16:39

Penta - how have you been bullied? Did someone hit you?

I think I was bullied by you! And where is my bloody jam????

[pentacosttempleton] 27/7/2020 16:36

Kemche, Roger you are both pathetic bullies. Both as bad as each other.

[rogerthegrouch] 27/7/2020 16:32

Penta - I believe Teepee's thread is reserved for bitter ex holders. Kindly move on now that you've 'sold'

[kemche] 27/7/2020 16:32

Stratorspehere of 35p? Who'd thunk it!

[adejuk] 27/7/2020 16:31

we may be at the bottom or this is capitulation time
the bod needs to issue a statement

[kemche] 27/7/2020 16:31

PentacostTempleton - 23 Jun 2020 - 16:16:18 - 104783 of 106187 VRS The world lead in real Graphene (Nanene) - VRS
Kemche have you met Neill? I have. I can tell you he is genuine. I don't think he has misled people over the June 30th deadline. They clearly have a deal which will be signed before that date which will catapult Versarien into the stratosphere.

I just can't believe that Neill would have told me the things he did to my face if they were not true. On that basis I'm sure several Chinese companies are competing to buy shares at a huge premium. More importantly the caliber of strategic investor will be hugely significant.

Watch this space. Jam will return to your toast maybe even tomorrow.








My god! Was I lied to????

[kemche] 27/7/2020 16:29

But Penta I seem to recall you waxing lyrical about what a stand up guy he was and that you had faith in him to deliver - were you telling a fib?

[adejuk] 27/7/2020 16:29

good luck penta

[pentacosttempleton] 27/7/2020 16:27

Adejuk I know Neill reads this board and we've all given him plenty of opportunity to explain what actually happened with China. You say you have a well paid job so I guess you can afford to wait a bit longer as you have that to fall back on. I just couldn't bare to watch the shares slide everyday back towards 25p. Good luck.

[adejuk] 27/7/2020 16:19

penta
i still hold more than 100k
i agree with your sentiments but i still think nr will deliver and the 5 mill will be in the bank
you, like me, have to extend the timeline.

[adejuk] 27/7/2020 16:17

5mill
a pee in the ocean for the govt
it shows confidence but does it show more than the many of us who have large holdings and living in houses that cost less than a mill?

[pentacosttempleton] 27/7/2020 16:15

I think UK Innovate will give VRS the loan they need, despite TW's desperate attempts to derail it. I'm not sure that's a good thing though, as it only makes the balance sheet weaker and gives up all of our IP to our lenders. Raising £5m between ourselves to support the company would be easy, and we'd stay in control. I'd like to get rid of Lanstead as well.

Neill has gone down a different route without much explanation, which is the reason why I'm now out until things become clearer. Those taking the mickey can get lost. At least, I've taken my medicine and have been honest about it. Others here, some bulls and some bears, are unpleasant people.

[superg1] 27/7/2020 16:11

Kemor
Exactly ;-)

[richgrumpa] 27/7/2020 16:04

Oh Penta, I now feel quite, quite beastly for ever doubting your sincerity here. As the 'tin-pot investor' you described me as the other day, I should have bowed to your superior knowledge. Can I make amends in any way? Me and my big mouth eh!