Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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Question - Do you have demand to take up your capacity from the FAB?
CEO Graeme Purdy - We have early commitment from a portfolio of customers who will take initial output from our FAB, and we will have to ramp up production so that we can meet that demand over coming years.
Question - Do you have demand to take up your capacity from the FAB?
CEO Graeme Purdy - We have early commitment from a portfolio of customers who will take initial output from our FAB, and we will have to ramp up production so that we can meet that demand over coming years.
Live in the Investor Presentation by Ilika ongoing via Investors Meet:
Question: Can you confirm that you will be selling Stereax product made in FAB1 from FY 2023 which starts in May 2022?
Steve Boydell (CFO) - Yes, I can confirm that we already have pre-orders which we will be fulfilling in the second half of 2022 from FAB1 (once product validation has been completed).
Disappointing? Lol. You read the wrong RNS!
The only people 'worrying' or 'disappointed' are the non-shareholders, notably the ROGK/BuzzThomas and Phil2003, who having made bullish posts sold their shares (much much lower).
If you are 'worried' or 'disappointed' sell your shares to stronger hands who wish to hold them and go elsewhere.
The RNS this morning was unequivocal that Stereax production capacity has been built on schedule and to budget. At the same time "giant leaps steps forward" have been made with Goliath - quite the statement from Management who over the years have been keen to avoid hyperbole and instead concentrate on delivering on their projections.
Commenting on the results Graeme Purdy, CEO of Ilika, said: "Our Stereax manufacturing facility has been implemented on time and on budget, despite significant supply chain disruption. I'd like to thank our employees, partners and shareholders for their support in making this happen. At the same time, our Goliath technical programme has made giant steps forwards particularly in operating temperature and cycle life, the equity placing completed in July 2021 will allow us to continue to progress towards manufacturing readiness."
Thanks Troajan. Brilliant video. Stereax is going to make Ilika famous. There are so many applications! Contact lenses powered to give an enhanced reality - WOW!!
Thank you Buzz - I was wondering where you’d gone.
The great thing about Ilika is that they do exactly what they plan to do and deliver it on time. 2022 will see production ramping up on Stereax ready for sales in 2023. The dream is rapidly becoming a reality and the share price will start reflecting that in the coming months
Very very disappointing
hi, anyone got any contacts in the company so we could have a factory tour?please
I suspect it's probably a fund or two trading rather than PI's but either way it is what it is. With continued good management and the bit of luck that every company needs the long-term prospects should be bright.
Ilika's SP seems to be falling prey to the Day Trader's, usual for this time of year I suppose.
Hopefully next update will move the SP north , always a lottery to try to micro manage your entry point.
Still dip's allow for topping up.
Good luck all lth's.
Personally I'm expecting an upward step change in sentiment & SP this year.
Only my guess & remember always DYOR
R
It seems that the Lithium price rise is causing concern for EV battery projects. This gives confidence that Ilika's strategy of going miniature first was the right one. Less lithium required, high margin and few competitors.
Having been bearish at £1.08, £1.18, £1.40 and £1.62, BustThomas aka RogK is back on these boards at £1.80 and is again (predictably) bearish. The IKA share price is now double where RogK sold his shares just over a year ago. I don't know but why he feels compelled to share his gift of (reverse) insight, but I am grateful for it.
People trying to get in before the new year? Nice rise whatever.
could ilika now make green solid state AAA & AA lithium rechargeable batteries for everything from drones to toys with all the advantages of a solid state battery, its not very green to continue to use single use batteries, but until now recharable AAA and AA rechargeable batteries have been rubbish, they took ages to charge and had a very short battery life?
just a thought?
Ilika Capital Markets Day.
The Ilika management team, CEO Graeme Purdy, CFO Steve Boydell FCA, VP Sales & Marketing, John Tinson & VP Product Development, Robin Bell, outline the business, the market and the opportunities. Further, five partners illustrate their use of Ilika’s solid state batteries. The day ends with a tour of the facilities. This overview brings to life the scope of applications for both Stereax and Goliath and the path to commercialisation for Ilika.
Video: Https://www.piworld.co.uk/company-videos/ilika-ika-capital-markets-day-december-2021/
Podcast: Https://piworld.podbean.com/e/ilika-ika-capital-markets-day-%e2%80%93-december-2021/
NXTstim
https://twitter.com/Ilikaplc/status/1471454777825501199
Blink Energy
https://twitter.com/Ilikaplc/status/1471117857903853573
Vitruvens
https://twitter.com/Ilikaplc/status/1470712010807652355
I think we’ll bounce at some point. I wasn’t surprised the SP bounced off 200 and pulled back. I am surprised how far ‘back’. I suspect the all round ‘risk off’ sentiment of this week has propelled it further down than it would have gone under other conditions. We’ll see.
Will we bounce at 140 or will we be back to 100?
Thanks for that JB
Thanks for your detailed report of the investor day. Very encouraging for long term value
Thanks for the write up jb. Very informative.
I concur on liking their approach, I much prefer the calm understated competence and confidence they project compared to the brash arrogance often seen over the pond.