George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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" The Company has invested £24 million over the past decade into the development of manufacturing know-how of both GNPs, dispersion technology for nanomaterials and application data."
"The Directors anticipate opportunities for applications in areas including aerospace, marine, satellite, wind turbine, infrastructure and transportation, and expect ongoing developments to further broaden this range. "
" The Directors estimate that the current opportunity pipeline, if fully realised, has the potential to generate an annualised revenue run rate of £7.6 million. Applying a success-based probability factor to this figure, the Directors estimate approximately £3 million of annual revenues could be generated from the current opportunity pipeline. "
"These sales opportunities are largely expected to be generated in the coatings sector, with approximately 80% of engagements being with protective coatings customers."
"The Directors believe the availability of its novel products could help mitigate the annual cost of corrosion which is estimated to be $138 billion in the US alone"
" The Company is working with its customers to pursue the long-term aim of approval of its graphene thermal paste adhesives for aerospace and space use."
" The Company has significant and valuable know-how and IP for both the manufacture of GNPs, and for its dispersion and application technology. With over a decade of innovation, an enlarged distribution network, and long term customer collaborations, the Company is well positioned to deliver on its broad pipeline of opportunities for the use of GNPs in real applications."
Current MCAP £23 million
The "know-how and IP " is worth well north of £23m ...in my opinion
I am buying at these low values....each to their own...
evidently they've spent it on pencils and sellotape
Love to know what the funding money recently raised has been allocated to. The company is very quite at the moment deals we’re supposed to be signed early 2021 have yet to materialise